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.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
Virat Kohli, who debuted 18 years ago, has amassed over 28,000 international runs and 85 centuries, establishing himself as one of cricket's all-time greats with numerous unmatched records across all formats.
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.
Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.
Kashi Rudras captain Karan Sharma revealed that a conversation with KL Rahul during his Lucknow Super Giants stint profoundly influenced his cricketing philosophy, with Rahul's advice to prioritise the process over results helping him navigate challenging phases and slumps.
'India was the emirate's largest international source market by hotel guest volume.'
Despite repeated demands over the years, the proposal to develop Khudiram Bose's cremation ground in Muzaffarpur into a martyr park has yet to see the light of day due to official apathy.
'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'
Shreyas Gopal celebrates his 100th first-class match, reflecting on his journey from imitating Anil Kumble to becoming a successful leg-spinner and all-rounder in domestic cricket. He discusses the challenges of red-ball cricket, his dismissals of Virat Kohli, and his cherished moments with Karnataka and MS Dhoni.
Former India drag-flicker Jugraj Singh has lauded current captain Harmanpreet Singh as a 'trump card' for the upcoming FIH World Cup, citing his aggressive playing style and consistent performance in crucial moments. Jugraj, who sees his own reflection in Harmanpreet's game, rates him among the world's top three drag-flickers and believes the team is well-prepared to end India's long wait for a World Cup medal.
The Press Club of India clarified it did not organise an event where Prime Minister Narendra Modi's cutout was worshipped and a 'Modi Chalisa' was read. The event, organised by the Bihar State Transgender Welfare Board, was stopped by club authorities due to violation of rental terms. The organiser plans to build a temple for PM Modi in Bihar, citing his support for the transgender community.
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.
Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.
Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.
Shabnam Sinha is set to take over as the Chairperson of Airtel Payments Bank for a three-year term starting October 1, 2026, succeeding Sunil Mittal, who concludes his tenure as non-executive Chairman.
The BCCI is arranging short-term county cricket contracts for talented Indian pacers like Auqib Nabi to prepare them for future international tours, specifically eyeing India's Test series in New Zealand. This initiative aims to provide red-ball experience and exposure to different conditions.
Asian Games double gold medallist Parul Chaudhary and Olympian race-walker Priyanka Goswami are intensely preparing for the upcoming Asian Games in Japan. Chaudhary will compete in three events, including the new 1500m, while Goswami transitions to the marathon race walk, both expressing confidence in their adaptive training and aiming for medals.
The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.
'The valley is around 16 km from the Nepal border, and it took just 8-10 minutes for the ice and rocks to reach the Nepal border. You can imagine how fast it must have travelled!'
'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'
State Bank of India's latest report highlights a 'chalk and cheese' divide in the Reserve Bank of India's recent policy communications, with the Monetary Policy Committee minutes showing a hawkish tone while the Governor's statements are more data-dependent, leading to market uncertainty regarding future interest rate hikes.
Southern chief ministers fear population stabilisation could reduce their parliamentary representation and tax devolution benefits.
State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.
'Improved law and order and transparent governance have helped change UP's investment image.'
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
Finance Minister Nirmala Sitharaman urged PSBs to become 'cool' and shed their 'government bank' image to attract young customers.
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.
'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'
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.
Kerala Chief Minister V D Satheesan's Facebook post criticising Islamic scholar Kanthapuram A P Aboobacker Musliyar's alleged anti-women remarks has disappeared, with the CMO citing a technical error. The incident has sparked political criticism from CPI(M) and BJP, who question the explanation and accuse the Congress of hypocrisy.
Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
India's statistics ministry has defended its newly released economic growth estimates, stating that revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.
'If a student can get a good teacher, quality content and mock tests at no cost, it becomes very hard for a mid-tier coaching centre to keep charging for the same lecture.'
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.
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.
National Security Advisor Ajit Doval engaged in Special Representatives talks with Chinese Foreign Minister Wang Yi in Beijing, focusing on the India-China boundary question and enhancing bilateral relations. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to New Delhi for the BRICS summit, aiming to address persistent border differences and stabilise ties strained by past conflicts like the Galwan Valley clash.
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.
