Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a long-term agreement for the production and supply of turbine ring forgings for the CFM LEAP engine programme. This multi-year contract, signed at the Farnborough International Airshow, will see HAL manufacture critical superalloy components at its Bengaluru facility, enhancing India's capabilities in advanced aerospace manufacturing and expanding its presence in the international civil aerospace market.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.
The Supreme Court has dismissed Ashish Mishra's application to relax his bail conditions in the Lakhimpur Kheri violence case, preventing him from attending family functions. The court also addressed concerns raised by victim farmers' advocate Prashant Bhushan regarding the trial's conduct and witness intimidation, directing such grievances to the trial court.
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.
Australia's head coach Andrew McDonald has announced that the team will forgo traditional practice matches before their upcoming Border Gavaskar Trophy Test series in India, opting instead for a short preparatory camp in sub-continental conditions. This strategic decision aims to better acclimatise players for the challenging Indian pitches.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
'...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.'
India has formally identified 27 places and features in Arunachal Pradesh by their standard names on the official Indian map, a move aimed at countering China's repeated attempts to rename locations in the state. This action reinforces India's stance that Arunachal Pradesh is an integral part of the country, despite China's "fictitious names" for the region it calls Zangnan.
The BCCI had approached V V S Laxman in 2024 to become India's head coach, replacing Rahul Dravid after the T20 World Cup victory in the West Indies.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
'We're going to play in a lot of different conditions over the next 12 months. It's going to require different efforts. It may not look like the traditional thing all the time.'
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.
IT Secretary S Krishnan advocates for India to pursue "strategic autonomy" in the AI ecosystem by building domestic capabilities and diversifying global supply chains. He emphasized avoiding overdependence on single sources while integrating into trusted global networks, and also highlighted the need to consider an AI law and regulatory framework.
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
A US Congressman has raised serious concerns regarding India's proposed amendments to the Foreign Contribution Regulation Act (FCRA), warning that these changes could lead to government takeovers of religious charities and strain bilateral relations.
Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.
India's spin bowling coach Sairaj Bahutule confirmed that Kuldeep Yadav's absence from bowling in the second innings of the warm-up game against Sri Lanka Cricket XI was a precautionary measure to assess his body after a significant workload, allaying fitness concerns.
Actor-politician Kangana Ranaut has made a significant U-turn, praising Gen Z as India's biggest strength and ambassadors of culture, days after controversially labelling them 'generation gutter.' Her new stance aligns with RSS chief Mohan Bhagwat's recent comments advocating for hearing out young protesters.
External Affairs Minister S Jaishankar has affirmed India's commitment to ensuring issues like a free, open, and rule-based maritime order, seafarer safety, and countering terror financing receive due attention at the UN Security Council during its 2028-29 term.
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.
A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
VVS Laxman is reportedly being considered to replace Ajit Agarkar as the chief selector for the BCCI, whose extended tenure ends next month.
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.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
Despite aggressive expansion, India's solar power sector faces significant hurdles from rising regional disparities in installed capacity and a looming manufacturing glut due to overcapacity in domestic solar equipment production, potentially leading to consolidation and pricing pressures.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country's transition to sustainable public transport and reinforcing its leadership in electric mobility.
The National Anti-Doping Act will be modified to criminalise trafficking and distribution of prohibited substances to athletes, with jail terms of up to five years for suppliers.
India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.
'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'
