Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.
Voters who exercise their franchise in favour of a particular political dispensation do not do so unconditionally. Their loyalty is subject to maintaining trust and living up to their expectations. It is subject to allowing the freedoms guaranteed under the Constitution, points out Vice Admiral Biswajit Dasgupta (retd).
It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.
Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.
Air Chief Marshal A P Singh, the IAF chief, has strongly advocated for India to achieve greater self-reliance in unmanned aerial systems and other critical defence technologies, stating, "Technology delayed is technology denied." He stressed the importance of indigenous development to avoid dependency on other countries for components.
'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'
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.
India's exports of printed circuit boards (PCBs) to China dramatically increased over 40-fold to $1.5 billion in FY26, indicating a significant shift where China is increasingly importing simpler electronic assemblies from India as it focuses on higher-value manufacturing domestically.
How did hundreds of errors slip through multiple stages of drafting, editing, proofreading, expert review and final approval before making their way into classrooms?
''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'
EY India has launched its Cyber Performance Management (CPM) platform, an integrated solution designed to help enterprises quantify and manage cyber risk in real-time. This platform leverages AI and cybersecurity to provide decision intelligence, enabling organisations to identify and address threats proactively and translate cyber exposure into financial insights.
A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.
The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.
Experts at a discussion in Delhi emphasised the importance of ethical governance and indigenous capability in India's pursuit of becoming a global artificial intelligence power, ensuring technology serves the public good and maintains strategic autonomy.
The population is gripped by anxiety against arbitrariness and the cruelty of a state that sells its actions as minimum government, asserts Aakar Patel.
Experts urge internet platforms to adopt prevention-by-design and stronger AI systems to curb child sexual exploitation material and improve online child safety.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
A year after the tragic Air India flight AI-171 crash in Ahmedabad claimed 260 lives, grieving families are still waiting for the final probe report, with investigators yet to release conclusive findings on the disaster's cause.
Despite BEST employees calling off their indefinite strike, Mumbai's bus services remained significantly below normal on Monday morning, with only 57% of the scheduled fleet operational. Commuters experienced long waits, leading many to seek alternative transport. The strike ended after an agreement with Deputy CM Eknath Shinde, which included interim pay hikes and commitments for future improvements and clearing dues.
FIFA has transformed its referee preparation for the World Cup, treating officials like elite athletes. This rigorous training includes physical assessments, game-like simulations, and advanced data tracking to ensure referees can perform optimally under challenging conditions like extreme humidity and high altitude, minimising errors due to fatigue.
Amazon CEO Andy Jassy met Prime Minister Narendra Modi and announced the company's intention to invest an additional USD 13 billion in India by 2030, focusing on expanding AI and cloud infrastructure.
'The government has to act as one unit since the threat from these newer models will soon scale up.'
India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.
The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.
India has successfully evacuated 59 vessels, including 23 Indian-flagged and 36 foreign-flagged ships carrying cargo for India, from the Strait of Hormuz since March 1, 2026, amid fresh attacks and declining shipping traffic, Shipping Minister Sarbananda Sonowal informed the Rajya Sabha.
Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
...exceeding their 49,340 crore equity selloff.
The BMC is closely monitoring reservoir levels and enforcing water conservation measures as concerns over supply grow.
As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.
Early data from the World Cup indicates that sportswear giant Adidas is currently gaining a significant advantage over rival Nike in brand visibility and sales. Adidas, an official sponsor, is seeing a substantial surge in apparel spending and foot traffic, particularly driven by jersey sales. While Nike's business is also growing, it is being outpaced by Adidas, which appears to have a more resonant product offering. Nike, facing declining market share and intense competition, is relying on the World Cup for a boost, though its footwear presence remains strong.
India's exports increased by 15.5 per cent to USD 40.41 billion in June, but the trade deficit significantly widened to a record USD 30.43 billion due to a 31 per cent surge in imports.
India's net direct tax collections have surged by 16.4 per cent year-on-year to 6.51 trillion as of July 13, primarily driven by robust growth in corporate tax receipts, according to provisional data from the Central Board of Direct Taxes (CBDT).
After four consecutive months of outflows, foreign portfolio investors (FPIs) have turned net buyers in Indian equities in July, investing over Rs 15,157 crore, driven by improving domestic macroeconomic indicators, a stable rupee, and better global risk sentiment.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
The World Cup has seen a shift to a more lenient refereeing style, prioritising game flow and reducing stoppages. This, combined with stronger, faster players, has led to a quicker, more physically demanding tournament with higher scoring. While welcomed, experts warn that this intensity tests players' physical limits, increasing injury risks, especially for those not fully fit.
The Election Commission's Special Intensive Revision (SIR) of electoral rolls has completed one year, leading to the deletion of nearly six crore voters across 19 states and Union territories. This exercise, which began in Bihar, has faced opposition criticism but was upheld by the Supreme Court. The purification drive has significant implications, including linking voter data to social security benefits in some states.
The Indian government has ordered the removal of three Chinese mobile applications - BAT-BMS, Lossigy, and Epoch-i-ion - from app stores, citing their alleged misuse to remotely disable battery-operated vehicles in India, amid heightened cybersecurity concerns.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
The arms trade surplus grew tenfold, reaching $691 million in FY26 from $63 million in FY18.
