Domestic passenger vehicle dispatches in India surged by 34.3 per cent year-on-year to 4,57,810 units in July, marking the auto industry's strongest-ever July sales, according to the Society of Indian Automobile Manufacturers (SIAM).
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
India's eway bill generation reached 139.08 million in August, marking the third-highest monthly count on record and indicating sustained momentum in goods movement and formal economic activity, according to official data.
August 2026 witnessed a significant surge in India's primary market, with 21 mainboard initial public offerings (IPOs) raising approximately 21,000 crore, marking the highest monthly deal count of the year, even as benchmark indices experienced declines.
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.
Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.
Tata Motors Passenger Vehicles (TMPV) is strategically expanding its international footprint by launching the Nexon, rebranded as Osprey, in South Africa, a move set to significantly boost its export volumes and solidify India's position as a major automotive export hub.
The Indian junior women's hockey team secured a spot in the Asia Cup quarterfinals after a dominant 7-0 victory over Japan. This win marks their third consecutive triumph in the Elite Pool, placing them at the top with nine points. They will now face China to determine the top position in the pool.
Pranavi Urs has moved into the top 10 at the La Sella Open after a second-round 71, bringing her total to 4-under 140. Despite weather disruptions, Urs displayed resilience, mixing four birdies with three bogeys. She is currently seven shots behind leader Charlotte Heath. Other Indian golfers, Avani Prashanth, Diksha Dagar, Vani Kapoor, and Hitaashee Bakshi, are further down the leaderboard.
Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.
The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.
In recent years, China and Russia have pushed for de-dollarisation within BRICS, which India has resisted. One reason is that India does not want to hurt its relationship with the United States, and another is the fear of China controlling trade because the renminbi is considered the strongest currency in the bloc today.
Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.
Second seed Elena Rybakina ended Chinese qualifier Zheng Qinwen's stirring US Open run with a 3-6, 6-1, 6-4 victory on Wednesday, advancing to the semi-finals and securing the world number one ranking for the first time.
With passenger vehicles (PVs), two-wheelers and three-wheelers registering double-digit growth, manufacturers raise production as the industry enters the festival season.
Captain Anmol Ekka struck twice as the Indian junior men's hockey team ripped through South Korea's defences in a late surge for a 7-3 triumph that left it within touching distance of a semi-final berth.
The International Cricket Council has announced that India will host the inaugural Women's Champions Trophy from February 14 to 28, with matches scheduled in Mumbai and Vadodara. Sri Lanka was originally slated to host but was replaced due to ongoing governance issues in its cricket board. Six top women's teams will compete in this landmark tournament.
Gold prices in India extended their losing streak, falling by Rs 1,500 to Rs 1,60,900 per 10 grams, influenced by hawkish remarks from Federal Reserve Chair Kevin Warsh and rising oil prices, which have increased expectations of an interest rate hike.
The Indian women's junior hockey team secured a dominant 11-1 victory over Malaysia in their AHF Junior Asia Cup Elite Pool match, solidifying their top position in the points table. Seven different players contributed to the scoring spree, which included goals from field play, penalty corners, and penalty strokes. This win marks India's second consecutive victory in the tournament, following their 4-1 triumph against South Korea.
India on Tuesday conveyed to China the importance of maintaining peace and tranquility along the Line of Actual Control (LAC) for overall bilateral ties as national security advisor Ajit Doval held talks with Chinese Foreign Minister Wang Yi focusing on delimitation of the frontier and sustaining work on trans-boundary cooperation.
Alexander Zverev and Coco Gauff secured their spots in the fourth round of the U.S. Open, while Naomi Osaka overcame a tough challenge. However, several prominent American players, including Taylor Fritz, Madison Keys, and Amanda Anisimova, experienced early exits, disappointing home fans at Flushing Meadows.
The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.
Dasun Shanaka smashed the fastest century in Caribbean Premier League history, an unbeaten 121 off just 43 balls, leading St Kitts and Nevis Patriots to a record 137-run victory over St Lucia Kings. This dominant performance significantly boosted the Patriots' net run rate and kept their playoff hopes alive, while Jeremiah Louis secured a maiden five-wicket haul.
India's automobile retail sales reached an unprecedented 24.23 lakh units in August, marking a 17.51 per cent year-on-year growth, with alternative fuels (CNG, hybrid, and electric) collectively surpassing petrol in the passenger vehicle segment for the first time.
A rebel Trinamool Congress faction, led by Ritabrata Banerjee, has named candidates for two assembly bypolls in West Bengal, directly challenging the Mamata Banerjee-led camp. This move escalates the internal party battle, particularly over the 'twin flowers' symbol, which both factions claim. The Election Commission is currently reviewing the dispute, and the bypolls in Nandigram and Rejinagar will serve as a crucial electoral test for both sides.
Alexander Zverev defeated Karen Khachanov in a hard-fought US Open semi-final, winning in three sets. This victory propels him to his sixth major final and second at Flushing Meadows, marking a significant achievement in his career.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Roles that mention AI in software development have grown 138 per cent between Q2 2024 and Q2 2026.
Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.
'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'
India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.
Prime Minister Narendra Modi, addressing the BRICS summit, called for a fundamental shift in global governance, advocating for the replacement of the current 'pyramid of privilege' with a 'platform of partnership' where the Global South becomes a 'rule shaper' rather than a 'rule follower'.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.
India's Devdutt Padikkal struck his maiden Test hundred to underline his credentials for the number three slot and propelled the tourists to a commanding 288-2 in the first Test against Sri Lanka in Galle on Saturday.
India's Women's T20 World Cup campaign ended in another group-stage exit, putting Harmanpreet Kaur's captaincy under scrutiny and exposing issues with team selection, batting approach, bowling balance and fielding that could trigger a major reset.
Indian benchmark indices Sensex and Nifty advanced in early trade, driven by renewed foreign fund inflows and a significant drop in crude oil prices to pre-war levels, signalling an uptrend in the market. Track Sensex, Nifty on July 7, 2026.
Indian benchmark indices Sensex and Nifty extended their winning streak to a fourth consecutive day, driven by strong buying in blue-chip bank stocks and a decline in global crude oil prices. Fresh foreign fund inflows also contributed to the optimistic sentiment in the domestic equity market.
The Indian women's hockey team has departed for Frankfurt, Germany, to complete its final preparations for the upcoming FIH World Cup. The team will play practice matches and train in Europe before heading to the Netherlands for the tournament, where they will face China, South Africa, and England in Pool D.
'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
