State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.
FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
Premier Indian pacer Jasprit Bumrah will miss the upcoming two-Test tour of Sri Lanka due to a persistent knee injury.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, with the Sensex jumping 726 points and the Nifty climbing over 200 points, primarily driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows. Track Sensex, Nifty on July 29.
Defending champions NorthEast United FC secured a resounding 6-0 victory over Bodoland FC in their opening Group F fixture of the 135th Durand Cup. Alaaeddine Ajaraie led the charge with a hat-trick, supported by goals from Lalrinzuala Lalbiaknia, Redeem Tlang, and Antonio Moyano, showcasing a commanding performance.
India's banking system liquidity has fallen to its lowest level in over three weeks, driven by robust credit growth and potential RBI intervention in the foreign exchange market, according to the latest data from the Reserve Bank of India.
Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, with the Sensex falling over 500 points and the Nifty over 150 points, as Brent crude oil prices surged past USD 100 per barrel due to escalating geopolitical tensions in the West Asia. track sensex, Nifty on July 24.
Washington Governor Bob Ferguson declared a statewide state of emergency and burn ban Saturday morning as an unprecedented wildfire crisis gripped the region, with active blazes scorching nearly 3,000 acres.
India batting coach Sitanshu Kotak has vehemently denied any communication breakdown between star batter Virat Kohli and head coach Gautam Gambhir, stating they speak frequently and dismissing reports of a rift as mere rumours. Kotak also elaborated on his coaching philosophy regarding advice for top players like Kohli.
Indian benchmark indices Sensex and Nifty recorded their third consecutive day of gains, primarily driven by an over 8 per cent surge in Bajaj Finance following strong Q1 FY27 results, coupled with significant foreign fund inflows and a dip in crude oil prices.
The Indian Air Force Football Team defeated Sri Lanka's Defenders FC 2-1 in a Durand Cup Group C fixture. Naorem Somananda Singh scored in the first half, followed by an own goal, before Defenders FC managed a late consolation goal.
IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.
Jamshedpur FC has announced its withdrawal from the Indian Super League (ISL) starting from the 2026-27 season, hours after missing a payment deadline. The club stated its commitment to promoting and developing football at the grassroots level in India. This comes amidst a new agreement between AIFF and ISL clubs for a club-led model of the league.
A significant communication breakdown between the Centre of Excellence's (CoE) sports science team and the senior national men's selection committee has been exposed by Jasprit Bumrah's unexpected absence from the Test series against Sri Lanka, alongside other player injury concerns.
The Indian sub-junior boys' hockey team secured impressive victories against Pakistan and Oman in the FIH Youth Hockey5s Asian Championship. The girls' team also performed strongly, drawing with China and achieving a dominant win over Uzbekistan, showcasing India's emerging talent in the sport.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
Brokerages are forecasting a strong first quarter (April-June/Q1) for Reliance Industries Ltd (RIL) in FY2026-27, with double-digit revenue growth, Ebitda increases of around 12 per cent, and net profit rising up to 10 per cent, primarily driven by its oil-to-chemicals (O2C), retail, and Jio businesses.
HCL Technologies reported a significant 20 per cent year-on-year increase in its consolidated net profit for the June quarter of FY27, reaching Rs 4,624 crore, while maintaining its revenue growth guidance of 1-4 per cent for the fiscal year.
Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.
Indian discus thrower Seema Kaliramna secured a bronze medal at the Commonwealth Games with a throw of 58.65m, despite fouling her last three attempts. Compatriot Nidhi Rani finished fourth. Jamaica's Samantha Hall won gold, and Canada's Julia Tunks took silver.
The Congress party has criticised Prime Minister Narendra Modi's announcement of fast-track courts for paper leak cases, calling it "too little, too late" and a "deceptive" measure. The party demands accountability from the Modi government for its alleged failures in preventing and investigating paper leaks, specifically citing issues with the NEET-UG and UGC-NET investigations.
India's largest IT services company, TCS, announced a 4.61 per cent increase in its net profit to Rs 13,349 crore for the June 2026 quarter, with revenues climbing nearly 14 per cent year-on-year.
The Indian education ministry has undergone a significant reshuffle of top officials, including the removal of higher education secretary Vineet Joshi, amidst widespread controversies surrounding NEET-UG paper leaks and CBSE digital evaluation glitches, with the opposition demanding the resignation of Minister Dharmendra Pradhan.
The Indian sub-junior men's hockey team secured the gold medal at the FIH Youth Hockey5s Asian Championship by defeating arch-rivals Pakistan 3-1. This victory also ensured their qualification for the inaugural FIH Youth Hockey5s World Cup. The Indian women's team also earned a silver medal, and Hockey India announced cash rewards for both squads.
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.
India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.
The Indian men's hockey team's forward line, including Mandeep Singh, Abhishek, and Shilanand Lakra, is meticulously preparing for the upcoming FIH Hockey World Cup. They are focusing on chemistry, consistency, and the evolving role of modern forwards, which now includes being the first line of defence. Senior players like Mandeep are mentoring younger talents, emphasising teamwork, mental fortitude, and converting chances.
HDFC Life Insurance and ICICI Prudential Life Insurance have reported double-digit growth in profitability for the first quarter of FY27, buoyed by healthy premium collections and increased investment income, with HDFC Life's net profit rising 11.9% and ICICI Pru's by 27.8%.
ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.
Liquidity stress in smallcap funds has fallen to its lowest level since February 2024, with the average time to liquidate 50% of portfolios dropping to 27 days in June from a peak of 44.2 days in January 2026, driven by a sharp recovery in smallcap stocks and increased trading volumes.
'Making a film -- good or bad -- is extremely hard work, involving hundreds of people and at least two years from idea to release. When the audience rejects it, it is known to push makers into depression. And then there is the danger of theatres stopping the screenings after week one if footfalls don't improve.'
Indian benchmark indices, Sensex and Nifty, closed lower due to significant selling in HDFC Bank and Axis Bank shares, driven by margin-related concerns and escalating US-Iran tensions, which also pushed crude oil prices higher.
The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.
Spain forward Ferran Torres dedicated his World Cup-winning goal to the entire nation after his extra-time strike secured a 1-0 victory over Argentina in the FIFA World Cup 2026 final. The 26-year-old's solitary goal of the tournament proved decisive, ending Argentina's hopes of retaining the title and delivering Spain's first World Cup triumph since 2010. The win also extended Spain's unbeaten run to a European-record 38 international matches.
After four consecutive months of outflows, foreign portfolio investors (FPIs) have turned net buyers in Indian equities in July, investing over Rs 15,157 crore, driven by improving domestic macroeconomic indicators, a stable rupee, and better global risk sentiment.
India's top badminton players experienced a mixed day at the Japan Open. While PV Sindhu secured a comfortable win in her women's singles opener, the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty were forced to retire due to Rankireddy's recurring shoulder injury, impacting their preparations for the upcoming World Championships.
