Indian benchmark indices, Sensex and Nifty, experienced significant declines, with the Sensex falling 493 points and the Nifty dropping for the sixth consecutive day, primarily due to elevated crude oil prices reaching USD 91 per barrel and diminishing hopes for a diplomatic resolution in West Asia.
The Sports Ministry has approved a 492-member Indian contingent, comprising 265 male and 227 female athletes, for the upcoming Asian Games in Aichi-Nagoya, Japan. Athletics forms the largest group with 73 participants, including star athletes like Neeraj Chopra and Jyothi Yarraji. Other prominent sports like shooting, weightlifting, badminton, boxing, and wrestling also feature strong teams, with some adjustments made due to doping violations.
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.
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.
Indian distance runner Parul Chaudhary finished 13th in the women's 5000m final at the Commonwealth Games, clocking 15:08.56. This result continues India's wait for a medal in this event at the Games. Chaudhary, a national record holder and Asian Games champion, had also missed a medal in her preferred 3000m steeplechase event.
Mohun Bagan Super Giant defeated NorthEast United 4-3 in a penalty shootout after a goalless draw in the Durand Cup semi-final. Goalkeeper Vishal Kaith was the hero, making two crucial saves to send Mohun Bagan into the final, where they will face arch-rivals East Bengal FC in the Kolkata Derby.
More than half of the bills introduced in the 18th Lok Sabha have been passed by both Houses in the same session, a significant acceleration compared to previous terms, raising concerns about the time available for legislative scrutiny and stakeholder consultations.
Commercial vehicle loans recorded the highest early-stage delinquency among vehicle finance products, with portfolio at risk (PAR) 31-90 at 4.1 per cent in June 2026, while used car loans emerged as the fastest-growing segment, according to a CRIF High Mark report.
India's foreign exchange reserves saw one of their largest weekly expansions, surging by USD 14.136 billion to reach USD 707.002 billion during the week ended August 7, according to the Reserve Bank of India.
Bharti Airtel's first-quarter (April-June/Q1) performance for 2026-27 (FY27) surpassed estimates across most metrics, fuelled by robust growth in both its India and Africa operations, with significant increases in average revenue per user (Arpu) and subscriber additions.
The Lemony Gin Sgroppino is light and crisp. For it Hendrick's Gin is married with fresh lime, spiked with elderflower cordial and gets a sparkling soda finish.
Across India, Gen Alpha students (born between 2010 and 2024) are increasingly taking to the streets to protest against poor school infrastructure, lack of teachers, and unhygienic conditions, leading to some significant wins and drawing attention to the declining state of public education.
Nepal is grappling with one of its worst disasters in recent years as massive flash floods, triggered by an ice avalanche, have claimed 270 lives and left thousands missing across multiple districts, prompting urgent rescue and relief operations.
Hull City marked their Premier League return after nine years with a deserved 2-0 victory over Manchester United, exposing flaws in Michael Carrick's promising side.
State Bank of India (SBI) reported a 13.73 per cent increase in its June quarter consolidated net profit, reaching Rs 24,113 crore, primarily due to improved core income and a decline in provisions for non-performing assets.
Hindustan Unilever Ltd (HUL) reported a 3.17 per cent year-on-year decline in consolidated net profit to Rs 2,680 crore for the June quarter, even as revenue from product sales surged by 10.26 per cent to Rs 17,149 crore, marking its highest growth in 13 quarters.
India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
Tata Sons has the balance sheet to support them, for now.
NorthEast United FC secured a thrilling 5-2 victory over Shillong Lajong in the Durand Cup semifinals, largely thanks to Alaaeddine Ajaraie's hat-trick. After trailing 1-2 at halftime, the Highlanders mounted a spectacular second-half comeback, scoring four goals to book their spot in the semi-finals for the fourth consecutive time, where they will face Mohun Bagan Super Giant.
'Dolly Parton managed to give the world the ultimate mystery and fantasy in some corners of her life, but to give full transparency in the ways that counted. Somehow she was true grace and true grit, all in one dazzling person.'
India is set to import 1 million tonnes of raw sugar at zero duty after domestic stocks fell sharply and prices surged ahead of the festival season.
Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.
World number one Aryna Sabalenka was defeated 7-6(3), 4-6, 6-4 by Russia's Ekaterina Alexandrova in the fourth round of the Canadian Open, a significant setback in her U.S. Open preparations.
Reliance Industries shares rose over 1 per cent after the company reported record quarterly core profit and EBITDA for the June quarter, driven by strong performances in its oil-to-chemicals and telecom businesses.
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
The top 500 listed companies had 860 women directors or board members overall.
The government maintained a strong pace of capital expenditure, which jumped nearly 24 per cent to Rs 3.40 trillion in April-June.
SC Delhi staged a remarkable second-half comeback, scoring five goals to defeat debutants FC Raengdai of Manipur 5-1 in the Durand Cup quarter-finals. After conceding an early goal, Joseph Sunny's brace, along with goals from Rodriguinho, Juan Sebastian Pena, and Augustine Lalrochana, secured their place in the semifinals.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
Mithunda is expected to be discharged from hospital soon.
One dress. Four women. Four completely different moods. Kresha Bajaj's signature cut-out dress has become a celebrity favourite, with everyone from Samantha Ruth Prabhu and Ananya Panday to Uorfi Javed and Radhika Seth putting their own spin on the statement silhouette.
A suicide attack on a police station in Kabal, Swat district, Khyber Pakhtunkhwa, Pakistan, killed at least 14 people, including five security personnel, and injured over a dozen. The attack occurred during a peace rally, with police intercepting the bomber at the compound gate, preventing a larger tragedy.
The Bureau of Indian Standards (BIS) is preparing to significantly increase its silver jewellery testing capabilities and expand its national laboratory network, driven by a shift in consumer demand from gold to silver and a broader push for enhanced product certification and surveillance.
India's industrial production recorded a significant 7.3 per cent year-on-year growth in June, primarily fuelled by a strong performance in the manufacturing sector and robust expansion in electricity and gas supply.
India finished Day 2 on 460/9 after rain restricted play to just two sessions in the opening Test against Sri Lanka in Galle on Sunday.
State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.
Hotel officials claimed the fire was caused by a short circuit. A woman from Kolkata, who managed to escape the blaze, recalled the panic inside the hotel.
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%.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
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.
