India's foreign exchange reserves increased by USD 7.26 billion to USD 674.193 billion for the week ending July 3, as reported by the Reserve Bank of India. This surge follows a previous week's drop and comes after Prime Minister Narendra Modi's appeals to conserve forex.
The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.
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.
Avoid builders with very large commitments.
Despite a subdued atmosphere in Glasgow ahead of the Commonwealth Games, with limited public buzz, preparations are underway, and athletes are arriving. Meanwhile, Sri Lankan javelin thrower Rumesh Tharanga, fresh off a Diamond League win, is a strong contender for gold, offering a significant medal hope for his nation.
Congress Parliamentary Party chairperson Sonia Gandhi has launched a scathing attack on the Modi government, accusing it of responding to student demands for accountability and educational reforms with 'cowardice and wanton cruelty,' treating them as 'enemies of the nation.' She further alleged that the government has degraded India's education landscape and routinely chooses violence over dialogue.
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.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
The Allahabad high court has delivered a split verdict on the controversial practice of "bulldozer justice," involving the punitive demolition of properties linked to accused persons. Two judges, Justice Atul Sreedharan and Justice Siddharth Nandan, expressed differing views on whether a stay on demolitions can be issued, leading the matter to be referred to the Chief Justice for a third judge's opinion.
'Midcaps and smallcaps are the 'go-to segments' for retail investors.'
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.
As India's remarkable chess revolution gathers momentum, teenagers Rishabh Kumar and Adhiraj Mitra are ensuring that the country's future on the 64 squares remains brighter than ever.
'Energy prices would shoot up with the closure of Hormuz again.'
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Several protesters alleged they were detained or manhandled during the march, with some claiming they suffered injuries.
In cities where women own a larger share of small businesses, women also account for a larger share of jobs.
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!
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
Delhi recorded 64 cases of crimes against foreigners in 2024, the highest among all union territories, according to NCRB data.
The most financially successful borrowers will not necessarily be those who have the easiest access to credit. They will be the ones who understand how to manage it wisely
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
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.
The Madhya Pradesh cabinet has approved the draft Uniform Civil Code (UCC) bill, which will be introduced in the state assembly's monsoon session. The proposed legislation, excluding the tribal community, addresses marriage, live-in relationships, adoption, and inheritance, aiming for women's empowerment and social harmony. Chief Minister Mohan Yadav highlighted broad support and criticised the Congress for its stance.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.
The technology startup ecosystem in India attracted $7.2 billion in funding during the first half of calendar year 2026, marking a 12 per cent year-on-year (Y-o-Y) increase. However, even as funding increased, deal count fell sharply, according to a report by market intelligence platform Tracxn.
Indian table tennis has achieved a significant milestone with three doubles pairs entering the top 10 of the ITTF World Rankings. Manav Thakkar and Manush Shah reached World No. 2 in men's doubles, while Diya Chitale and Yashaswini Ghorpade are World No. 10 in women's doubles, and Diya Chitale and Shah are World No. 5 in mixed doubles. This marks the first time India has had three doubles pairs simultaneously in the top 10, underscoring the nation's growing strength in the sport, especially with doubles returning to the Olympics in 2028.
The arms trade surplus grew tenfold, reaching $691 million in FY26 from $63 million in FY18.
From Following to Oppenheimer, here's why Christopher Nolan remains cinema's greatest modern blockbuster auteur.
India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.
Indian wedding bookings to Sri Lanka are projected to grow 20-25 per cent annually over the next few years.
Indian all-rounder Axar Patel has surged into the top 10 of the ICC ODI rankings for all-rounders, reaching ninth position following his impressive performance against England.
Hockey India President Dilip Tirkey has requested the Sports Ministry to form an independent committee to investigate sexual harassment allegations made by Asunta Lakra, citing impartiality concerns if an internal probe is conducted due to the involvement of a federation office-bearer.
Former India player Parthiv Patel has expressed confidence that Rohit Sharma will silence critics with a defining century in the series-deciding third ODI against England, amidst speculation that it could be his last international game. Reports suggest selectors have indicated Rohit is not in their plans for the 2027 World Cup, leading to retirement or dropping possibilities.
Tennis legend Roger Federer made a special return to Wimbledon, marking the 18th anniversary of his memorable 2008 final against Rafael Nadal. He was warmly welcomed in the Royal Box, watching current generation matches, including Jasmine Paolini's victory over Alexandra Eala.
Legendary cricketer Kapil Dev stated that no player, not even stalwarts like Virat Kohli and Rohit Sharma, is a 'certainty' in the Indian team, emphasising that performance should be the sole criterion for selection.
Ukraine's Marta Kostyuk and Czech teenager Linda Noskova powered into their first Wimbledon semifinals on Wednesday, with both players producing dominant straight-set victories in sweltering conditions at the All England Club.
When dialogue fails, protest becomes inevitable.
In a democracy, protest is often the only language left once institutions stop listening, explains Ramesh Menon.
Sixteen-year-old para cyclist Lisha Das from Assam has made history by becoming the youngest athlete selected to represent India at the 2026 Commonwealth Games in Glasgow, where she will compete in the Para Track Cycling event.
