Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.
The Indian men's hockey team lost 1-3 to Olympic champions the Netherlands in a critical second-round match of the FIH World Cup in Amstelveen. The Netherlands scored three field goals in the second half, while India's sole goal came from a Harmanpreet Singh penalty corner.
Odisha Chief Minister Mohan Charan Majhi announced initiatives to promote sports as an instrument of social change, including distributing sporting kits in Maoist-affected villages and unveiling the slogan "Kheliba Odisha, Jitiba Odisha". He highlighted the state's growing world-class sports infrastructure, including new stadiums and regional hubs, and its upcoming role as host for the 2028 Asian and World Athletics Indoor Championships. Awards were also conferred on various sports personalities.
Former India captain Sunil Chhetri admitted to feeling "a little jealous" about the current national team getting the chance to play against footballing powerhouses Brazil and Uruguay, an opportunity he never had during his extensive international career. He expressed excitement for the team while also backing the coach's selection decisions and encouraging the young talent.
Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.
Home Minister Amit Shah chaired a high-level meeting in Ahmedabad to review India's preparations for hosting the 2030 Commonwealth Games and its bid for the 2036 Olympic Games. The meeting, also attended by Union Sports Minister Mansukh Mandaviya and Gujarat's Deputy CM Harsh Sanghavi, highlighted the government's commitment to establishing India as a global sporting destination. Discussions also covered the 2029 World Police and Fire Games, set to be held in Ahmedabad.
Indian golfer Shubhankar Sharma carded an even-par 72 in the third round of the Husqvarna British Masters, causing him to drop from T-13 to T-33. Marco Penge and Daniel Hillier are currently sharing the lead heading into the final round, with weather disruptions having affected the tournament earlier in the week.
The Supreme Court is set to hear a petition seeking mandatory and uniform labelling of ethanol percentage at petrol pumps and a public database on vehicle compatibility with ethanol-blended fuel. The plea also calls for an expert committee to assess the impact of E20 fuel on vehicles, environment, and food security, and a consumer disclosure protocol.
Food delivery and e-commerce platform magicpin aims to expand its AI assistant, Vera's, merchant base to over 1 million by the end of 2026. Launched three months ago, Vera already supports over 5 lakh merchants by providing real-time order insights and has facilitated over 50 lakh interactions across various business verticals. The company has invested USD 1 million in its AI stack and plans further enhancements to Vera's capabilities.
Indian rally driver Naveen Puligilla and co-driver Musa Sherif are participating in the WRC3 category of Rally del Paraguay, the 11th round of the FIA World Rally Championship. The duo, fresh off a win in Rwanda and a historic WRC podium in Saudi Arabia, will navigate 22 red-gravel special stages, with Puligilla emphasising the need for precision due to the rally's challenging conditions.
The ACSEL Technology Forum, a Karnataka government Centre of Excellence in AI, has launched Tathyakosh.in, a digital public good designed to make India's extensive public data more accessible. This platform consolidates over 1.5 million datasets from 458 sources, addressing the challenge of fragmented data discovery across various government and research portals. It aims to benefit researchers, startups, and technology teams in sectors like healthcare, agriculture, and financial inclusion by providing a structured and discoverable data infrastructure.
The ICC Player Protection Programme, in partnership with AI moderator Freedom2hear, is actively shielding women cricketers from social media abuse. Over 100 players, including India's Radha Yadav and England's Amy Jones, have joined the initiative, which has already removed nearly 60,000 harmful comments during the ongoing T20 World Cup, ensuring player well-being and confident fan engagement.
The Indian IT Ministry has engaged in 'hard talk' with Meta regarding child sexual abuse material (CSAM), leading to increased sensitivity and action from the tech giant. The government asserts that Indian laws must be followed and social media harms mitigated, with no safe harbour for violations. Discussions also covered AI labelling and the WhatsApp username issue, highlighting a global concern over social media harms.
'...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.'
Arunachal Pradesh Chief Minister Pema Khandu highlighted that the success of UPI, which handles nearly half of the world's real-time digital transactions, stems from a collaborative ecosystem including financial inclusion, digital identity, and affordable internet. He attributed this digital payments revolution to the vision of PM Narendra Modi.
Delhi Traffic Police is implementing an AI-based traffic management and route-mapping system to ensure quicker movement of emergency vehicles like ambulances and fire tenders. This initiative aims to reduce response times during crises, addressing concerns raised after incidents where traffic congestion delayed emergency services. The system will identify high-traffic zones, suggest the fastest routes, and involve coordinated efforts with fire departments and additional police deployment.
A new report indicates India has become the world's fifth most digitalised economy and ranks fourth globally in AI performance, driven by increasing AI adoption and a strong digital infrastructure.
Indian golfer Shubhankar Sharma successfully made the cut at the weather-affected Husqvarna British Masters, carding rounds of 69 and 71 to finish tied 13th at 4-under. Despite challenging conditions and multiple rain disruptions, Sharma displayed strong composure. While fellow Indian Yuvraj Sandhu missed the cut, local favourite Marco Penge leads the tournament, with Sharma well-positioned for the final rounds.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.
The Indian women's junior hockey team, led by Khaidem Shileima Chanu and coached by Tim White, is set to compete in the AHF Women's Junior Asia Cup in Moqi, China, from September 4 to 13. The team has undergone extensive preparations, including an exposure tour to the UK and matches against an India A side, and is confident of a strong performance against top Asian rivals.
'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'
Indian badminton pair Treesa Jolly and Gayatri Gopichand secured a historic bronze medal at the World Championships after a hard-fought loss to world No. 1 Chinese duo Liu Sheng Shu and Tan Ning in the women's doubles semifinals. This marks India's first women's doubles medal at the BWF World Championships since 2011.
The KSLTA World Tennis Junior J30 Bengaluru is set to begin with qualifying rounds, offering promising young Indian tennis players a chance to compete for main draw berths. The event, hosted by the Karnataka State Lawn Tennis Association, will feature both boys' and girls' qualifying draws, with wildcards providing local talent an opportunity to gain international experience and ITF Junior ranking points.
The Ministry of Statistics and Programme Implementation (MoSPI) has upgraded its official data portal to be directly readable by AI models, aiming to prevent reliance on non-credible sources. This initiative includes standardising 288 priority datasets and addressing semantic interoperability challenges to improve public service delivery.
Netrasemi, an Indian semiconductor start-up, has announced that its flagship AI chipset, A2000, has achieved silicon bringup and is preparing for commercial production this year. The A2000 SoC, supported by Zoho and the government's DLI programme, will enable smart vision and real-time video analytics for smart cameras and edge AI platforms.
The Indian women's wrestling contingent achieved significant success at the U-20 World Wrestling Championship in Bratislava, securing three medals. Mansi Lather earned a silver medal in the 68kg category, while Tanvi Magdum (57kg) and Komal (59kg) each contributed with bronze medals, showcasing India's growing prowess in junior wrestling.
A seminar in New Delhi commemorated Acharya Prafulla Chandra Ray's birth anniversary, focusing on his significant contributions to pharmaceutical sciences and his vision for indigenous research and self-reliance. Organised by DPSRU and VIBHA, the event highlighted Ray's pioneering efforts in "Swadeshi science" and his role in establishing India's pharmaceutical industry.
India's national football team will host Panama in an international friendly on September 26, marking their first encounter. This match is part of a series of fixtures against 2026 World Cup participants, including Brazil and New Zealand, aimed at providing valuable exposure for the Blue Tigers.
The Jammu Municipal Corporation has launched an integrated system combining AI-based road monitoring with cold emulsion pothole patching machines. This initiative aims to ensure timely and scientific repair of damaged roads across the city, leveraging modern technology to identify and fix defects efficiently, especially before the monsoon season. The AI system also detects other civic issues, promoting smart urban governance.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
World Bank President Ajay Banga has advocated for the deployment of 'Small AI' locally deployed artificial intelligence running on inexpensive hardware to address daily problems faced by farmers and rural communities in emerging markets.
The first day of the Husqvarna British Masters was severely disrupted by persistent rain and storms, preventing Indian golfers Shubhankar Sharma and Yuvraj Sandhu from teeing off. Northern Ireland's Tom McKibbin took an early lead before play was suspended due to weather.
Steven Spielberg voices concerns about AI's role in filmmaking, advocating for its use as a tool but cautioning against it replacing human creativity.
The India Junior International Grand Prix badminton tournament is set to begin in Pune, featuring 304 players from nine countries, including top junior talents like Dev Ruparelia. The event, organised by the Poona District Metropolitan Badminton Association, offers a total prize money of USD 15,000 and concludes on August 30.
The Wrestling Federation of India (WFI) has decided to send separate teams for the U23 and Senior World Wrestling Championships due to the short time gap between the two events, forcing wrestlers to choose which tournament to compete in. This decision aims to ensure optimal preparation and performance for both Indian teams.
The Indian senior men's football team will play an international friendly against Panama at the Sree Kanteerava Stadium in Bengaluru on September 26. This match against a FIFA World Cup-playing nation will be a significant test for the Blue Tigers, marking their return to Bengaluru after their SAFF Championship 2023 victory.
AG.AL has been crowned the Esports World Cup 2026 Club Champion, winning a USD 7 million prize from a record-breaking USD 75 million total pool. Their victory was secured after a dramatic win in Trackmania, capping a seven-week competition.
The Aircraft Accident Investigation Bureau (AAIB) has issued an interim statement on the probe into the Air India AI171 plane crash that killed 260 people last year, confirming that the investigation is ongoing and the final report will be released after all processes are complete.
Prime Minister Narendra Modi has emphasised that India's Olympic performance can significantly improve by increasing participation in sports where the nation currently lacks representation. Speaking at the Khelo India Dialogue, Modi highlighted that India competes in only half of the Olympic sports, leading to a missed opportunity for medals. He also reiterated his vision for sports as a nation-building process, not just about winning medals, and mentioned a nationwide talent hunt for young children.
