ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.
Union Home Minister Amit Shah congratulated the Indian contingent for their performance at the Asian U20 Athletics Championships in Hong Kong, highlighting their medal haul as a sign of India's sporting strength.
A Kerala native, Muhammed Sanoof, has been arrested and charged under the Unlawful Activities (Prevention) Act (UAPA) for allegedly posting an offensive comment under a video featuring the daughter of a victim of the Pahalgam terror attack. Sanoof was detained upon his return from Saudi Arabia, following a lookout notice. The case was registered based on a complaint by a BJYM leader, and police invoked UAPA after interrogation and mobile phone examination, citing crucial evidence.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
Indian benchmark equity indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by a rally in IT stocks and global cues suggesting a more accommodative monetary policy after softer-than-expected US jobs data.
Legendary Indian cricketer Kapil Dev has lauded young batting sensation Vaibhav Sooryavanshi, comparing his talent to that of Sachin Tendulkar and Virat Kohli. Dev emphasised that Sooryavanshi's ability, not his age, should be the primary factor in his selection for the national team, while also cautioning against excessive hype around the 15-year-old.
Educator and climate activist Sonam Wangchuk's condition deteriorated further on Wednesday, with doctors reporting that he has lost more than seven kilograms since beginning his indefinite fast 11 days ago.
Zee Entertainment said on Monday it had secured the rights to broadcast the 2026 FIFA World Cup and 38 other FIFA events through 2034.
We who were dreaming of being the third largest economy in dollar terms, have slid back to sixth, thanks to the falling rupee. We are moving about with begging bowls for investments and trade opportunities, which will be a while in materialising, if ever, notes Shreekant Sambrani.
The best time to buy health insurance is when you don't think you need it.
Former Pakistan captain and coach Haroon Rasheed says India's cricket dominance stems from strong grassroots structures and long-term planning, while Pakistan continues to suffer from instability, poor domestic systems and lack of continuity.
Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.
While tensions have eased at several friction points and mechanisms for managing the boundary have been reactivated, underlying differences persist. Disputes over naming practices in Arunachal Pradesh, continued infrastructure development on both sides, and unresolved questions regarding patrolling rights indicate that the structural gap remains, notes Dr Kumar.
India will take on Afghanistan in a one-off Test from June 6 onwards at New Chandigarh. This comes after the Men in Blue suffered a 0-2 clean sweep loss to South Africa at home last year, marking back-to-back series whitewashes in two years in a row, after a 0-3 whitewash loss to New Zealand in 2024, which marked the end of India's 12-year unbeaten streak at home.
Congress leaders on Monday termed the reorganisation of the Madhya Pradesh Waqf Board with the inclusion of two Hindu members as "inappropriate" and said they would challenge the decision in the Supreme Court.
Water levels were even lower than the 10-year average in 27 reservoirs in eastern India and around 47 in southern India.
The tax treatment of equity savings funds makes them appealing, especially to investors in higher income-tax brackets.
The family of an Indian seafarer, Rakesh Chauhan, who died in Venezuela, has called for a high-level investigation after a post-mortem in Uttar Pradesh revealed several internal organs were missing from his repatriated body. The Federation of Seafarers' Unions of India has also demanded accountability from Venezuelan authorities and intervention from the Indian Embassy, citing a lack of transparency and official documents regarding his death.
The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.
India has expressed firm opposition to attacks on merchant shipping amidst the ongoing Iran conflict, revealing that several Indian nationals have died or are missing due to these incidents. The nation also called for restraint, de-escalation, and prioritising civilian safety in the region.
Jai Moondra, a left-arm medium pacer from Rajasthan, made a dream international debut for Ireland, taking a wicket with his first ball against India. His journey is remarkable, having left a secure corporate job at Intel after pursuing an MTech in Dublin to chase his cricketing dream, culminating in a historic victory for Ireland.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.
India has strongly condemned Pakistan's military airstrikes against Afghanistan, citing significant civilian casualties, and criticised its 'trade and transit terrorism' against Afghan traders, calling these actions blatant violations of international law and UN norms.
India begin their 2026 Test season against Afghanistan with several selection questions to answer, including the No. 3 spot and Ravindra Jadeja's long-term successor, as they build towards key World Test Championship assignments.
Two-time Olympic medallist P V Sindhu has hailed India's upcoming hosting of the BWF World Championships as a "landmark moment" for the sport in the country.
The fourth edition of the Oriental Cup, an inter-school football tournament, is scheduled from July 7 to 16 in New Delhi. It will feature over 45 school teams, 1,500 student-athletes, and offer scholarships worth Rs 2.5 lakh to encourage young talent. Organisers aim to make it India's leading school football competition, with growing participation, especially among girls' teams.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in crude oil prices and positive developments on the geopolitical front, alongside strong performance in blue-chip IT stocks. Track Sensex, Nifty on July 2, 2026
The ICC Women's T20 World Cup 2026 begins in England with Australia chasing a seventh title and India targeting a historic double. England, South Africa and New Zealand add to what promises to be the most competitive edition yet.
Prime Minister Narendra Modi's week-long ongoing tour of France and Slovakia is his 100th foreign trip since he assumed the high office 12 years ago.
India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
US Secretary of War Pete Hegseth praised India's military modernisation efforts at the Shangri-La Dialogue in Singapore, highlighting its growing industrial and logistics capacity.
For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.
India's bowling coach Morne Morkel has indicated that the team management will continue to back openers Sanju Samson and Abhishek Sharma, despite the impressive performance of teen sensation Vaibhav Sooryavanshi. Morkel stressed the importance of showing faith in established players who have performed well previously, while also acknowledging the excitement around new talents like Sooryavanshi and pacer Prince Yadav.
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
This is not just a historic series sweep for Ireland, but for world cricket itself. To beat India, which hasn't been beaten in 16 series over three years, is truly remarkable.
Star Indian all-rounder Hardik Pandya has made the unprecedented move of permanently shifting his training base to the BCCI's Centre of Excellence (COE) in Bengaluru. This decision aims to leverage the COE's facilities for injury rehabilitation and skills training throughout his career, marking a significant shift from traditional player practices.
'The real shock is going to be from a deficient monsoon.'
European T20 Premier League (ETPL) is a necessary addition in the existing assortment of franchise-based tourneys as the format is here to stay unlike ODIs, said Indian spin bowling legend Ravichandran Ashwin on Thursday.
India have rested Jasprit Bumrah and Hardik Pandya from the Ireland and England tours as selectors prioritise the pacer's role in the World Test Championship and Pandya's importance to India's ODI World Cup plans.
