Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.
President Droupadi Murmu extended her congratulations to both the junior men's and women's hockey teams for their recent Asia Cup triumphs, highlighting their dedication and teamwork. Both teams secured their respective titles, with the women defeating China and the men beating Korea, thereby qualifying for the Junior World Cup.
India is hosting the BRICS summit, leveraging the platform to address global trade tensions and champion the developmental priorities of the Global South, including food, energy, and supply chain security. The summit, attended by leaders like President Xi Jinping and Vladimir Putin, will focus on resilience, innovation, cooperation, and sustainability, with India aiming to strengthen intra-BRICS collaboration and discuss global matters. The expanded BRICS grouping represents a significant portion of the world's population and GDP, making its discussions crucial for global economic stability.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
India and Australia have signed significant agreements covering civil nuclear energy, maritime security, and critical minerals, reinforcing their partnership's role in ensuring a peaceful Indo-Pacific. The pacts facilitate uranium supply from Australia to India and enhance cooperation in defence, cyber, and critical technologies.
India successfully facilitated a significant diplomatic meeting between Iranian President Masoud Pezeshkian and UAE Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan on the sidelines of the BRICS Summit in New Delhi. This interaction, a diplomatic breakthrough given ongoing West Asia conflicts, occurred as BRICS adopted a declaration urging restraint and protection of civilians in the region, highlighting the bloc's commitment to peace and stability.
Iran's Khatam al-Anbiya Central Headquarters has threatened "continuous, effective and painful" attacks on US bases and interests across the region if Washington resumes military action against Tehran, amid escalating tensions and a US naval blockade on Iranian ports.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
Vidarsa K Vinod has made history by becoming the first woman from Keralam to win an Asian Games medal in shooting, securing a silver in the women's 10m air rifle team event in Japan.
The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.
India's national security adviser was in Dhaka for roughly three-quarters of the day on Thursday to prepare the ground for Bangladesh Prime Minister Tarique Rahman's visit to New Delhi.
The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.
Rise and Fall Season 2 will feature Virender Sehwag as host, with 15 celebrities divided into Rulers and Workers, navigating power, money, alliances and shifting strategies.
State-owned Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore setting up a coal gasification plant near AMNS's Paradip pellet plant in Odisha. This initiative aims to produce synthesis gas for cleaner steel production, reduce reliance on imported fuels, and align with India's goal of gasifying 100 million tonnes of coal by 2030, supported by a Rs 37,500-crore government incentive scheme.
Researchers at NIT Rourkela have patented a novel hybrid energy-storage system designed to significantly improve the efficiency and lifespan of electric vehicle batteries. This innovation addresses common issues like low power density and thermal stress by integrating supercapacitors with a simplified architecture, making EVs more reliable, especially in urban driving conditions.
BRICS leaders, in their New Delhi Declaration 2026, have called for wider access to Artificial Intelligence resources and stronger international cooperation to ensure the technology is safe, secure, inclusive, and reliable. The declaration outlines a broad technology agenda covering AI, cybersecurity, digital public infrastructure, telecom, quantum technologies, and advanced manufacturing, committing to implement the grouping's statement on 'Global Governance of Artificial Intelligence'.
'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'
Prime Minister Narendra Modi, addressing the SCO summit in Bishkek, called for a united front against terrorism and its financing, rejecting double standards. He emphasised resolving conflicts through dialogue and diplomacy, not battlefields. Modi also highlighted that connectivity projects must respect national sovereignty and territorial integrity, a veiled reference to China's Belt and Road Initiative. India's vision for SCO rests on security, connectivity, and opportunity.
AAP chief Arvind Kejriwal is leading a march to the Prime Minister's residence to submit a petition with two lakh signatures against E20 petrol. He is demanding consumer choice, lower E20 prices, and transparency regarding studies supporting the fuel. The government defends the E20 programme, citing energy security and no evidence of vehicle harm.
The Indian men's badminton team secured a bronze medal at the Asian Games after a 1-3 defeat to China in the semifinals. Despite a strong performance from Satwiksairaj Rankireddy and Chirag Shetty, who won their doubles match, singles players Lakshya Sen and Ayush Shetty were unable to overcome their higher-ranked Chinese opponents. This marks India's first back-to-back Asian Games team medals in 40 years.
IIT Bombay has removed Suryanarayana Doolla, Dean of Administrative Affairs, from his post and issued a public apology following the death by suicide of 22-year-old student Sahil Wakode, who his parents allege faced caste-based discrimination.
The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.
State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.
The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.
The Indian government has dismissed concerns that the use of E20 fuel could affect the validity of vehicle insurance policies, stating that the ethanol blending programme remains safe, consumer-friendly, and economically beneficial.
The Indian junior women's hockey team secured their third consecutive AHF Junior Asia Cup title by defeating China 1-0.
Arsenal's 16-year-old Max Dowman scored twice in a 4-2 League Cup victory over Ipswich Town, continuing their perfect season start. Liverpool also advanced to the fourth round, beating Tottenham Hotspur 3-1 at Anfield. Other Premier League teams Fulham and Brentford also secured wins, while third-tier Peterborough progressed via a penalty shootout.
Students at IIT Bombay are demanding 'meaningful institutional reforms' and greater accountability following the death of Sahil Wakode, a second-year B Tech student. While condemning academic misconduct, students highlight systemic issues and have submitted a comprehensive set of demands to the Director, who has agreed to implement them. The protest also addresses the removal of Dean Suryanarayana Doolla during an investigation into alleged abetment to suicide and caste discrimination, emphasising the need for an independent probe.
India's current account deficit could widen to 1.7 per cent of GDP, or about $71 billion, if crude oil prices stay above $90 a barrel for a significant part of the second half of FY27.
The Indian rupee experienced its sharpest single-day decline in eight weeks, settling at 94.83 per dollar, primarily due to escalating crude oil prices and persistent risk-off sentiment driven by heightened geopolitical tensions and limited foreign inflows.
Tamil Nadu Minister R Nirmal Kumar has challenged former DMK minister S Regupathy's assertion that video evidence in a POCSO case involving industrialist R Veeramani is "shadowy." Kumar accused the DMK of attempting to protect the accused, while Regupathy denied the allegations, defending the previous government's actions and criticising the current administration's handling of public concerns and sensitive case disclosures. The dispute highlights political tensions surrounding a high-profile child protection case.
India may have a vast coastline and a strategic location, but it will become a true maritime nation only when its people understand, value and actively participate in the maritime ecosystem, asserts Vice Admiral Biswajit Dasgupta (retd).
Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."
Despite occasional bursts of spunky comedy, the madness simply doesn't land as expected, and the overall vibe feels off with Vibe.
Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.
'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
US lawmakers are racing to amend the Russia sanctions bill before recess. One amendment specifically names India, China, and other countries as potential targets for 100% tariffs due to their oil trade with Russia. Another significant amendment proposes to scrap the tariff section entirely, while others address presidential waiver powers and aid to Ukraine.
