Finance Minister Nirmala Sitharaman criticised commentators who express pessimism about India's demographic dividend, asserting that the country's youth are actively driving economic growth and innovation. She also highlighted the dual nature of AI and the need for robust safeguards in emerging technologies like quantum computing to balance innovation with safety.
Telangana Chief Minister A Revanth Reddy felicitated badminton players Gayatri Gopichand and Treesa Jolly for their bronze medal win at the World Championships. The meeting also included national coach Pullela Gopichand and IT Minister D Sridhar Babu.
China has called for stronger global governance of artificial intelligence, advocating for international cooperation to develop the technology for humanity's benefit while preventing it from getting out of control. This comes amidst warnings from leading AI researchers in the US about potential existential risks, with China emphasizing both rapid development and robust safeguards, including its new AI Safety Governance Framework 3.0. The issue is expected to be a key topic in upcoming US-China talks.
Karnataka swimmer Tanishi Gupta broke the 100m butterfly national record twice in a single day at the National Aquatics Championships. Other swimmers, including Thanya Shadakshari and the Tamil Nadu mixed medley relay team, also set new national records and Best Indian Times.
The Central Industrial Security Force (CISF) has signed an MoU with the Drone Federation of India (DFI) to enhance its counter-drone capabilities. This partnership aims to strengthen security at vital installations like airports, nuclear facilities, and oil refineries by fostering engagement with Indian drone startups and technology companies for capacity building, research, and operational readiness against aerial threats.
The Indian men's and women's hockey teams are set to compete at the Asian Games in Kakamigahara, Japan, with the primary goal of winning gold to secure direct qualification for the Paris Olympics. The men's team aims to defend its title and overcome recent World Cup disappointment, while the women's team, buoyed by a strong World Cup performance, seeks only its second Asian Games gold. Both teams face tough competition, with the men needing to prove their dominance against regional rivals and the women confronting a strong Chinese side.
Chhattisgarh is rapidly emerging as a significant sports destination in India, driven by state government initiatives to host major events and develop infrastructure. Chief Minister Vishnu Deo Sai highlighted the state's commitment to sports, exemplified by the DP World PGTI Nava Raipur Open 2026 golf championship, inaugurated with cricket legend Kapil Dev. These efforts aim to foster talent, promote sports tourism, and transform the state's image, including positive changes in regions like Bastar.
Parliament was informed that UPI has onboarded 55.49 crore users by June 2026, with transactions reaching 24,162 crore in volume and Rs 314 lakh crore in value in FY 2025-26. The platform, operated by NPCI, is expanding internationally through NIPL, facilitating cross-border payments and assisting other nations in building similar systems. Significant efforts are also underway by the Government, RBI, and NPCI to enhance the security and transparency of UPI transactions, including risk-based limits, security frameworks, and public awareness campaigns against cyber-crime.
India's Esha Singh clinched the gold medal in the women's 25m pistol event at the ISSF World Cup in Hangzhou, outperforming Olympic-medallist Manu Bhaker, who secured the bronze. This marked a double-podium finish for India, with both shooters expressing confidence for upcoming major assignments.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
Dave Cousins, India's new national compound archery head coach, believes a historic first Olympic medal for India is inevitable. He is preparing the team for the Aichi-Nagoya Asian Games and has long-term plans for the 2028 Los Angeles Olympics, noting the changing Asian archery landscape and the impressive work ethic of Indian archers.
Indian boxers are undergoing intensive training at a multinational camp in Patiala, featuring international medallists, before heading to Japan for a final preparatory stint ahead of the Asian Games. The team aims to build on its strong performance at the Commonwealth Games, despite anticipating tougher competition from boxing powerhouses like Uzbekistan and Kazakhstan at the upcoming continental event.
Union Home Minister Amit Shah lauded UPI on its 10th anniversary, highlighting its role in India's digital transformation. Launched by NPCI in 2016, UPI has become the world's largest real-time payment system, witnessing a massive surge in transaction volume and value, demonstrating its success in empowering people with swift, seamless, and secure digital transactions.
Indian rally driver Naveen Puligilla and co-driver Musa Sherif are participating in the WRC3 category of Rally del Paraguay, the 11th round of the FIA World Rally Championship. The duo, fresh off a win in Rwanda and a historic WRC podium in Saudi Arabia, will navigate 22 red-gravel special stages, with Puligilla emphasising the need for precision due to the rally's challenging conditions.
India concluded Day 7 of the Commonwealth Games in eighth position, securing a total of 15 medals, including three gold, nine silver, and three bronze. Australia maintained its lead in the overall standings with 103 medals.
Security agencies in Jaisalmer have detained a man named Mushtaq Ali on suspicion of involvement in anti-national activities. He was apprehended from the Khariya border area based on intelligence inputs and is currently being questioned by intelligence agencies. Additional security has been deployed in the Nachna area as a precautionary measure.
Haryana showcased its wrestling prowess by sweeping all three overall team titles men's freestyle, Greco-Roman, and women's wrestling at the U-23 National Wrestling Championships held in Rohtak. The host state secured top honours with significant points, while Services Sports Control Board and Maharashtra also performed strongly, with individual athletes from various states claiming gold medals across different weight categories.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
India showcased a dominant performance at the Asian Boxing Championships, with nine U-19 boxers advancing to the finals and six securing bronze medals. Additionally, eight U-23 boxers had previously reached their respective finals, highlighting India's strong presence across multiple categories.
The Congress party has criticised the government's recent notification regarding UPI transactions, alleging it paves the way for users to be charged fees, particularly for transactions above Rs 2,000. The party claims the government lacks transparency and questions if the move is to benefit American firms. The government, however, states that charges are necessary for the system's sustainability and infrastructure upgrades, with the Finance Minister clarifying that Merchant Discount Rate (MDR) applies to merchants, not customers.
The Finance Ministry has clarified that the decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 was made independently, refuting claims of foreign influence. The ministry stated the policy aims to build a self-sustaining digital payments ecosystem, with MDR funding infrastructure and supporting small merchants.
Indian golfers Vishnu Vardhan Bhati and Ankush Saha achieved podium finishes at the Czech Disabled Golf Masters in Prague. Bhati secured second place, while Saha clinched third, showcasing strong performances in the Nett Stroke Play event.
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
National Security Advisor Ajit Doval met UAE President Mohamed bin Zayed Al Nahyan to discuss deepening strategic partnerships and the regional situation, following meetings with Saudi Arabian leaders earlier in April.
Banaras Hindu University (BHU) has received approximately Rs 15 crore in funding from the Indian Council of Medical Research (ICMR) for six biomedical research projects. These projects aim to address critical national health priorities, including cancer detection, antimicrobial resistance, and pediatric septic shock, fostering advanced research and improving patient care.
'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.
Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.
Sports Minister Mansukh Mandaviya is set to meet Hockey India League (HIL) franchise owners and federation officials to address the league's financial and administrative crisis. The HIL is struggling with unpaid player dues, rising costs, and franchise withdrawals, prompting the ministry to seek solutions for its survival, especially given its importance for Indian hockey development.
Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.
India has announced its 23-member squad for the upcoming AFC U20 Asian Cup Qualifiers in Tashkent, with eight players omitted from the initial camp. The team, led by Mahesh Gawali, will compete against Syria, Uzbekistan, and Bangladesh from August 31 to September 6, aiming for qualification to the main tournament in China in 2027.
Dev Ruparelia and Ishita Negi clinched the boys' and girls' singles titles, respectively, at the India Junior International Badminton Grand Prix in Pune. Indian pair Pavan and Punith Suresh also secured the boys' doubles crown, showcasing strong performances from young Indian shuttlers.
Hockey India has issued a show-cause notice to its Director General, Cdr R K Srivastava, immediately stripping him of all powers. The notice lists eight charges, prominently featuring the controversial change in the Indian team's World Cup jersey and Srivastava's unauthorised travel to the event despite directives to focus on the Hockey India League. He has four weeks to respond, failing which further action will be taken.
Indian boxers showcased a powerful performance at the Asian U-19 and U-23 Championships, with eight athletes advancing to the finals in the U-23 categories. Additionally, seven Indian boxers secured bronze medals after reaching the semi-finals, highlighting the nation's strength in youth boxing.
At the 16th Hockey Junior Women National Championship in Pune, Chandigarh, Odisha, and Madhya Pradesh secured decisive wins, while Manipur narrowly defeated Maharashtra in a thrilling Division A encounter. Key players delivered strong performances, including hat-tricks, contributing to high-scoring matches and close finishes.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
Andhra Pradesh Chief Minister N Chandrababu Naidu has approved the establishment of India's first dedicated Quantum and AI University campus in Amaravati by NIELIT. This significant project, funded by the MeitY, Government of India, will focus on advanced technologies like Quantum, AI, and Semiconductors, integrating education, research, and entrepreneurship.
Prime Minister Narendra Modi has emphasised that India's Olympic performance can significantly improve by increasing participation in sports where the nation currently lacks representation. Speaking at the Khelo India Dialogue, Modi highlighted that India competes in only half of the Olympic sports, leading to a missed opportunity for medals. He also reiterated his vision for sports as a nation-building process, not just about winning medals, and mentioned a nationwide talent hunt for young children.
Som Kumar Tamang, a 44-year-old Nepalese driver from Terhathu district, was killed in a drone attack in Kuwait. The attack, attributed to Iran, occurred amidst US military action against Iran. The Nepalese Embassy in Kuwait is arranging for the repatriation of his body and has advised Nepalese nationals in Kuwait to observe security protocols.
India's VALORANT esports team has successfully qualified for the Esports Nations Cup (ENC) 2026 main event in Riyadh, emerging as one of two teams from the Asia regional qualifiers. The team, led by Sagnik Roy, overcame tough competition, including a crucial victory against Hong Kong, to secure their spot in the global tournament featuring a USD 1.5 million prize pool.
Om Patel and Deepshika Vinayagamurthy have won the boys' and girls' singles titles, respectively, at the UNIFI ITF Junior Tennis Cup in Chennai. Patel overcame Om Verma in a three-set thriller, while Deepshika defeated Savitha Bhuvaneswaran in straight sets, adding another title to her recent Junior National Championship victory.
