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.
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
Maruti Suzuki India (MSIL) reported a mixed Q1 FY27, with record quarterly sales driving strong revenue growth, but operating performance was below expectations due to higher commodity and other costs impacting margins. Brokerages anticipate sustained sales growth for the company in the current fiscal year, supported by new launches, robust demand, and significant capacity expansion.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
Gulveer Singh has become the first Indian to win a medal in the men's 10,000m event at the Commonwealth Games, securing a silver medal at the 2026 edition and marking a significant achievement for Indian athletics.
New players like Maruti Suzuki, VinFast, and Tesla are significantly expanding India's electric passenger vehicle (e-PV) market, capturing an 8.1 per cent share and contributing 18 per cent of incremental registrations in the first half of 2026, according to Fada Research data.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
Indian boxers Sachin Siwach (60kg), Ankush (80kg), and Sakshi Chaudhary (51kg) have successfully advanced to the quarterfinals of their respective categories at the Commonwealth Games in Glasgow. Sachin secured a 4-1 victory, while Ankush and Sakshi both won their bouts by unanimous 5-0 decisions, bringing them one win closer to securing a medal.
After nearly 19 years, exiled Bangladeshi author Taslima Nasreen returned to Kolkata, calling it a deeply emotional homecoming.
Sports Minister Mansukh Mandaviya has assured continued government support to trap shooter Neeru Dhanda and pistol ace Esha Singh, who recently achieved historic gold medals at ISSF World Cups. Mandaviya highlighted shooting as a priority sport for India, with significant investment in athlete development programs like TOPS and Khelo India, aiming for future Olympic and Commonwealth Games success.
Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.
Punjab Police have revealed that an ISI-backed terror module, recently busted, had planned an attack on Delhi's Jantar Mantar during recent student protests. Members of the module, including juveniles, travelled to the site with materials for petrol bombs, but their plan was foiled. Nine accused have been apprehended, and arms and ammunition recovered.
VVS Laxman, chief of the BCCI Centre of Excellence (CoE), confirmed that the search for a permanent Head of Sports Science and Medicine is ongoing, nearly 18 months after Nitin Patel's departure, despite mounting injury cases among Indian cricketers.
Millions play cricket in India; only a few reach the IPL teams or the Indian team. Sometimes, a player may not get selected not due to lack of skill, at other times it may be due to team balance. But what every youngster should remember is that talent is permanent; selection is temporary, notes K R Nayar.
Auqib Nabi, a right-arm pacer from Jammu and Kashmir, has made history by becoming the first cricketer from the region to be named in India's Test squad, earning a call-up for the tour of Sri Lanka after a remarkable domestic season.
A board meeting of Tata Sons, the holding company of the Tata conglomerate, concluded in Mumbai, with discussions likely revolving around mounting losses in unlisted businesses and the future of Chairman N Chandrasekaran amid rising internal frictions.
Indian women wrestlers secured two silver and two bronze medals at the U17 World Wrestling Championships in Baku, with Sandhya Vishnoi and Akshara winning silver, and Avanshika and Taniya earning bronze.
Spain winger Lamine Yamal has been appointed as a UNICEF Goodwill Ambassador, becoming one of the youngest footballers to take on the global role ahead of the FIFA World Cup 2026.
Maharashtra Chief Minister Devendra Fadnavis' paternal uncle, Balasaheb Fadnavis, expressed his firm belief that his nephew would "sooner or later" become the Prime Minister of India. This statement comes amidst growing speculation about Devendra Fadnavis' potential shift to national politics, especially following recent political developments and claims by Shiv Sena (UBT) leaders.
Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.
The government maintained a strong pace of capital expenditure, which jumped nearly 24 per cent to Rs 3.40 trillion in April-June.
In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.
A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.
India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.
The central government has revamped the Khelo India Scheme's funding pattern, allocating a Rs 565 crore component for states to co-share the cost of future sports infrastructure development projects over a five-year plan. This new model, part of a Rs 29,054 crore outlay, aims to increase state ownership and participation in sports development, significantly expanding the scheme's reach and athlete base.
Tanvi Sharma is the youngest champion in the history of the Taipei Open at 17 years and 222 days.
Indian badminton prodigy Tanvi Sharma, 17, secured her first BWF World Tour title by winning the women's singles at the Taipei Open Super 300. She defeated Vietnam's Thuy Linh Nguyen in straight games, showcasing her potential as a rising star in the sport.
Prime Minister Narendra Modi and NDA leaders reviewed India's progress in international sports and significant growth in youth employment opportunities at their weekly parliamentary meeting.
MNS president Raj Thackeray has alleged that Rs 18 crore is siphoned off annually from Mumbai's Siddhivinayak Temple and Rs 1,400 crore was stolen from the Ram Temple in Ayodhya. He demanded PM Modi address the issue, while the Siddhivinayak Temple Trust chairman confirmed arrests and increased income post-theft.
The Supreme Court, while hearing a bail plea in a murder case, made significant observations about the changing nature of society, the vulnerability of the modern generation, the impact of nuclear families, and the role of technology in child-rearing.
Rising mercury levels in Madhya Pradesh are causing sleepless nights for residents as minimum temperatures remain high. Doctors report an increase in sleep-related issues, allergies, and fatigue due to the heat.
As heavy rains continued to pound Mumbai on Sunday, an 18-year-old motorcyclist and a senior citizen lost their lives in tree-collapse incidents, pushing the death toll from such tragedies in the city to three in less than a week.
Indian boxers Sachin Siwach, Ankush, and Sakshi Chaudhary have successfully advanced to the quarterfinals of their respective categories at the Commonwealth Games in Glasgow. Sachin and Sakshi secured unanimous victories, while Ankush also dominated his bout. Sumit, however, faced a narrow defeat in his round of 16 match.
Marine war-risk premiums for West Asian shipping routes, particularly the Red Sea corridor, have surged by as much as 200 per cent due to renewed geopolitical tensions, with some high-risk transits seeing increases of over 1,000 per cent, according to industry brokers.
The mortal remains of Merchant Navy chief officer Sagar Gupta, who was killed in a Black Sea attack amid the Russia-Ukraine conflict, were brought to his native place in Kanpur on Wednesday, 18 days after the incident, with his family demanding 'martyr' status and compensation.
Ayush Shetty, Unnati Hooda, Simran Singhi, and Kavipriya Selvam are set to make their BWF World Championships debut as India hosts the prestigious badminton event after 17 years, offering a significant platform for these rising stars.
Varun Dhawan and Natasha Dalal have acquired a sprawling duplex apartment in Mumbai's upscale Juhu area for Rs 86.92 crore.
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.
Mixed martial arts fighter Owais Yaqoob received a hero's welcome in his native Pulwama village after defeating Bulgarian Delyan Georgiev. Yaqoob expressed gratitude for national support, highlighting that over 1.6 million Indians watched his fight live. Despite pre-fight injuries and illness, he secured the victory and is now preparing for a grappling match in Istanbul featuring UFC fighters. He also spoke about representing Kashmiri culture.
