The Reserve Bank of India (RBI) net bought $561 million in June, marking its first net purchase since February, following three consecutive months of net sales. This move coincided with a series of government and RBI measures to attract foreign capital, leading to a 0.36 per cent appreciation of the rupee against the dollar.
The National Testing Agency (NTA) is undergoing significant reforms, including the removal of over 50 staff members and the onboarding of new leadership and domain specialists. This comes after recent issues like errors in UGC-NET papers, leading to re-tests, and the cancellation of NEET-UG 2026. The Education Ministry has directed a complete overhaul of exam protocols and a thorough audit of all processes to ensure integrity.
The National Testing Agency (NTA) is reviewing its internal processes and protocols following lapses in three papers of the UGC-NET June 2026 examination, leading to re-tests for English, Commerce, and Sociology. The agency stated it proactively identified issues and is taking corrective measures to ensure fair and error-free examinations, amidst strong criticism from opposition leaders.
Mining major Vedanta has invested over $1 billion in net-zero transition initiatives for FY26, focusing on renewable energy, lower-carbon fuels, energy efficiency, and technology-led interventions to drive its decarbonisation efforts.
The National Testing Agency advised candidates to regularly check its official website and rely only on official communications from the agency.
Student organisations across India are protesting the National Testing Agency's (NTA) decision to re-conduct the UGC-NET examinations for three subjects, citing repeated lapses that jeopardise students' academic and career plans. They are demanding the NTA be scrapped or held accountable for its failures.
Team India has brought in four young Indian spinners - Harsh Dubey, Shivang Kumar, Tanush Kotian, and Vipraj Nigam - to assist in net practice ahead of their two-Test series against Sri Lanka, despite already having four spinners in their main squad.
Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.
The National Testing Agency (NTA) on Sunday announced the retest for three papers of the UGC-NET June 2026 examination -- English, Commerce and Sociology -- following complaints about several errors in these papers.
Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.
ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.
India's net direct tax collections have surged by 16.4 per cent year-on-year to 6.51 trillion as of July 13, primarily driven by robust growth in corporate tax receipts, according to provisional data from the Central Board of Direct Taxes (CBDT).
ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.
The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.
State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.
State Bank of India (SBI) reported a 13.73 per cent increase in its June quarter consolidated net profit, reaching Rs 24,113 crore, primarily due to improved core income and a decline in provisions for non-performing assets.
Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.
Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.
Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
Indian opener Rohit Sharma has returned to net practice, showcasing good form with elegant strokes, as he prepares for the upcoming three-match ODI series against England starting July 14. The "Hitman" is India's third-highest ODI run-scorer, and his inclusion, alongside Virat Kohli, boosts the squad.
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
Ahead of the second Test against Sri Lanka, the Indian cricket team underwent an intense net session in Colombo.
Five-year-old Ishara Tamang lies in a hospital bed in Kathmandu, injured and separated from her family, after surviving the flash floods that devastated Rasuwa district on the Nepal-Tibet border.She was rescued from the floodwaters in Khalte, a village in Rasuwa, after being trapped in a net.
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.
Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.
Juventus secured a 2-0 home win over Parma in Serie A, with goals from substitutes Nico Gonzalez and Teun Koopmeiners.
Manchester City secured their second consecutive Premier League win with a dominant 4-1 victory over Crystal Palace. Rayan Cherki and Erling Haaland each scored twice, showcasing City's attacking prowess and maintaining their perfect start to the new season.
The Indian men's hockey team finished eighth in the FIH World Cup campaign after losing 3-4 in a shoot-out to co-hosts Belgium. The match ended in a thrilling 3-3 draw in regulation time, with Harmanpreet Singh scoring a brace for India.
Pakistan captain Babar Azam is expected to return for the second Test against England at Lord's after recovering from a finger injury. His potential comeback offers a significant boost to the team, which suffered a heavy defeat in the first Test, as England leads the three-match series 1-0.
Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.
India captain Shubman Gill on Friday spent considerable time fine-tuning his game against that variation at the team's training session ahead of the upcoming second Test against Sri Lanka, in Colombo.
Treesa Jolly and Gayatri Gopichand lost to China's World No 1 pairing Tan Ning and Liu Shengshu in the semi-finals of the women's doubles event at the BWF Badminton World Championships in New Delhi on Saturday.
Vaibhav Sooryavanshi batted with a free-flow in the nets on Thursday, his first practice session with the senior India team, of the eve of their T20I against Ireland in Belfast.
Former world No. 1 PV Sindhu bowed out of the BWF Badminton World Championships in New Delhi on Thursday after losing to China's Wang Zhi Yi in the Round of 16.
