Indian benchmark stock indices, Sensex and Nifty, experienced a significant decline for the third consecutive day, with the Sensex tumbling 1,092 points and Nifty closing below 24,550. This downturn was primarily driven by the India Meteorological Department's forecast of a below-normal southwest monsoon and ongoing geopolitical uncertainties surrounding the US-Iran ceasefire arrangement.
Prime Minister Narendra Modi has called upon citizens to celebrate Independence Day with honour and pride, urging them to take a pledge for a developed India. This appeal comes amidst parliamentary sessions marked by protests from both ruling and opposition alliances.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
The Calcutta High Court has extended interim protection for TMC MP Abhishek Banerjee until November 30, directing police not to take coercive steps in three criminal cases, stating that custodial interrogation is not necessary.
Parliamentary Affairs Minister Kiren Rijiju asserted in Lok Sabha that the Opposition cannot dictate which minister responds to questions, amidst demands for Home Minister Amit Shah to address police action on protesting students. The House faced continuous disruptions, leading to adjournment.
Karnataka Chief Minister D K Shivakumar confirmed that Minister B Nagendra has offered to resign to avoid embarrassing the Congress party and the government, despite Shivakumar's insistence on Nagendra's innocence in the alleged Valmiki Scheduled Tribes Development Corporation scam. The Chief Minister stated he would consult the party high command before making a final decision.
The India Meteorological Department (IMD) has announced that conditions are becoming favourable for the onset of the southwest monsoon over parts of the south Bay of Bengal, Andaman Sea, and Andaman and Nicobar Islands towards the end of this week.
Heavy monsoon rains have triggered flooding across Varanasi, Guwahati, Patna, and Reasi, disrupting daily life and prompting rescue operations.
Abhijit Dipke, founder of the Cockroach Janta Party (CJP), has challenged ministers and politicians to send their children to village schools for at least a day to truly grasp the difficulties faced by rural students, who often walk several kilometres for education.
'Monsoon is the pran (life) of our water system.' 'A weak monsoon will have a very negative impact on crops and people's lives.'
The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.
Congress president Mallikarjun Kharge has said that the Congress will oppose the Foreign Contribution (Regulation) Amendment Bill and the issue will also be discussed at the meeting of floor leaders of opposition parties on Monday.
"Rather than worrying, preparation is required. Contingency plans will be made for affected districts and crop changes will be considered wherever necessary"
The Modi government is launching a 'One Day, One University' programme, sending Union ministers to universities daily to engage with Gen Z, address their concerns, and inform them about government schemes. This initiative follows recent student protests over the NEET paper leak and aims to foster better understanding between the youth and the government.
India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.
The Indian government has confirmed its readiness for a Lok Sabha debate on the ongoing student protests and police action, with Union Home Minister Amit Shah set to address the concerns, particularly those related to the NEET paper leak issue.
Relentless protests by Opposition parties forced the adjournment of the Lok Sabha for the day after the passage of the Bankers' Books Evidence Bill without a debate on Wednesday, with the government accusing them of coming to the House to disrupt proceedings and not for discussion.
The BJP has accused the Congress and its INDIA bloc allies of deliberately disrupting the Monsoon Session of Parliament, alleging that their conduct has prevented discussions on key Bills and exposed the Opposition's 'double standards' on issues such as paper leaks and student protests.
A heated parliamentary showdown unfolded as NDA and INDIA bloc MPs clashed at Parliament's main gate.
Heavy monsoon rains have caused the Ganga at Rishikesh and the Alakhnanda-Mandakini rivers in Rudraprayag to swell dangerously.
Uttar Pradesh assembly Speaker Satish Mahana has found himself at the centre of a controversy after he was seen walking away while the national anthem was played at an event in Unnao, drawing flak from the opposition. Mahana, however, claimed that the anthem was not played where he was given the guard of honour.
For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.
Across India, pickling is more than a method of preservation. It is a seasonal ritual, deeply tied to climate, geography, and local ingenuity. Presenting two recipes...
Change of guard in some states and evolving El Nino dynamics are triggering fresh actions on raging water-sharing disputes in several states.
The India Meteorological Department (IMD) has predicted below-normal rainfall for India during the second half of the southwest monsoon season, specifically from August to September. This forecast indicates less than 94 per cent of the Long Period Average (LPA) for the period. While July saw good rainfall activity due to low-pressure systems and the Madden-Julian Oscillation, the Southern Peninsula experienced significantly low rainfall and record high minimum temperatures.
'This government is in the very bad habit of doing so again and again. It has done so many times.'
Trinamool Congress MP Mahua Moitra has moved a privilege notice before Lok Sabha Speaker Om Birla against three senior officials, alleging a serious breach of protocol and contemptuous conduct after she was asked to vacate a circuit house in West Bengal's Krishnanagar late in the night on August 14.
Congress MLA and former Haryana Assembly Speaker Kuldeep Sharma has urged Congress president Mallikarjun Kharge to remove Rohtak MP Deepender Singh Hooda from the Congress Working Committee (CWC) over his remarks praising former party leader Sajjan Kumar.
The Lok Sabha passed two Bills, including one to rename Kerala as Keralam, without debate as Opposition members continued their protests, demanding Union Home Minister Amit Shah's presence to address police excesses against student protesters and alleged Ram temple fund irregularities.
Congress leader Rahul Gandhi has written to Jharkhand Chief Minister Hemant Soren, urging him to personally meet with student representatives protesting irregularities in state recruitment examinations. Gandhi stressed the legitimacy and peaceful nature of the students' demands, highlighting the Congress party's support for their right to protest.
The Supreme Court has extended its order staying the arrest of Sumit Roy, personal assistant to Trinamool Congress MP Abhishek Banerjee, in connection with the Salboni land-grabbing case. The West Bengal government alleged Roy was not cooperating with the probe, while Roy's counsel argued he has a right to silence and the case is politically motivated. The court will review a sealed cover report from the police before further proceedings.
Senior Congress leader P Chidambaram responded to Prime Minister Narendra Modi's "dimagi naxal" remark by stating he is "proud to be a dimagi naxal". Modi had warned against "dimagi naxals" who manipulate policies and promote violence, despite the success in curbing armed Naxalism. Chidambaram's comment came after Modi's Independence Day speech where he highlighted the threat posed by ideological supporters of Naxalism.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
An FIR has been registered against 300 unnamed individuals in Ranchi following a protest march to the Jharkhand assembly on August 10. The protest, by job aspirants over alleged recruitment examination irregularities, led to clashes where 14 police personnel were injured. Police used batons, water cannons, and tear gas to disperse the crowd, which had violated prohibitory orders. Authorities are now using video footage to identify the miscreants.
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
It has offered a rare moment of relief, allowing them to sit down, talk, smile and feel human again amid days of uncertainty and hardship.
The Indian Parliament remains deadlocked as the Opposition, led by the Congress, insists on Prime Minister Narendra Modi's reply to discussions on alleged donation theft at the Ram temple in Ayodhya and student protests, rejecting the government's offer for Home Minister Amit Shah to respond.
India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.
