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A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.
Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.
A Comptroller and Auditor General (CAG) audit for 2024-25 has highlighted Indian Railways' concerning trend of repaying lease charges to its borrowing arm, IRFC, from budgetary grants instead of internal resources, alongside significant delays in safety-centric works.
India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.
A 24-year-old farmer in Beed district allegedly committed suicide due to delays in obtaining a Kunbi caste certificate for quota benefits and financial difficulties. Police are investigating the case.
Former world No. 1 shuttler Saina Nehwal has stated that India's true measure as a 'sporting nation' will be its position in the global medals tally, not just hosting major tournaments. She highlighted the significant progress made by women in sports but emphasised the need for better financial backing, sponsorships, and comprehensive support systems including psychologists and proper coaching from an early age to nurture more champions.
Gujarat Deputy Chief Minister Harsh Sanghavi has launched the 'Shaktidoot 2.0' statewide sports scheme, significantly increasing financial assistance for athletes up to Rs 50 lakh. The initiative also focuses on identifying grassroots talent, supporting differently-abled players, and inaugurating sports complexes and libraries worth over Rs 388 crore. The scheme introduces a transparent, performance-based selection process and immediate aid for exceptional non-scheme players.
A 54-year-old man in northeast Delhi allegedly poisoned his 13-year-old son before dying by suicide, reportedly due to severe financial problems and ongoing separation proceedings with his wife. Police are investigating the tragic incident.
Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.
West Bengal police, supported by central forces, conducted a four-hour predawn raid on TMC MP Abhishek Banerjee's Kolkata residence in connection with a financial fraud case involving his aide, Sumit Roy. The operation, which Banerjee claims involved forced entry, has been denounced by the TMC as "political vendetta" and comes as Banerjee faces multiple investigations from various agencies, further escalating political tensions in the state.
The death toll due to the consumption of spurious liquor in Gujarat's Bhavnagar district went up to 13 on Sunday after two more victims succumbed during treatment, officials said.
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.
If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it
The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.
The Pakistan Cricket Board has initiated a strong campaign to recover billions in dues from defaulting franchises, broadcast, and business partners to improve its financial standing.
Vidarsa K Vinod, a 27-year-old rifle shooter from Kozhikode, has secured a spot in the Indian squad for the Aichi-Nagoya Asian Games. Her path from an NCC introduction to elite competition was marked by financial struggles, training with borrowed equipment, and overcoming setbacks like the COVID-19 pandemic. With crucial support from her family, husband, and the National Centre of Excellence, she now aims to become the World No. 1 in her sport.
Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.
A tragic incident in Rishikesh saw a mother and her two-year-old daughter electrocuted in a waterlogged area due to a snapped power line. The mother, Suman Jethudi, managed to save her 12-year-old son before her death. Following public outcry and a complaint, a Junior Engineer of Uttarakhand Power Corporation Limited (UPCL) has been suspended, and a high-level inquiry committee has been formed. UPCL has also launched a statewide safety inspection drive.
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.
A devastating landslide in Mumbai's Ghatkopar area, triggered by heavy rains, has claimed the lives of six people, including three children, and left four others injured, with rescue operations facing significant challenges due to the narrow access routes.
The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
A spurious liquor tragedy in Gujarat's Bhavnagar district has resulted in eight deaths and left 61 persons affected, with 25 still undergoing treatment. Police have arrested 13 individuals in connection with the incident, which involved methanol-laced alcohol sold under a popular brand name. The State Monitoring Cell is investigating the source and distribution network of the illicit brew.
India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.
Student organisations across India are protesting the National Testing Agency's (NTA) decision to re-conduct the UGC-NET examinations for three subjects, citing repeated lapses that jeopardise students' academic and career plans. They are demanding the NTA be scrapped or held accountable for its failures.
Titan Company reported a strong first-quarter performance for FY27, primarily driven by its jewellery segment, which saw a 30 per cent growth in sales. This robust Q1, coupled with expectations of continued outperformance, has led brokerages to raise earnings estimates and boosted the company's stock.
The Sports Ministry has suspended the Table Tennis Federation of India's recognition due to governance issues, including delayed elections, and has directed the Indian Olympic Association to form an ad-hoc committee to manage the sport.
Ashish Yadav, a 19-year-old javelin thrower, won a silver medal at the World Under-20 championships, becoming the second Indian after Neeraj Chopra to achieve this feat. Despite his sporting success and significant improvement in performance through systematic training in Hisar, Yadav continues to search for a job to support his family, highlighting the financial challenges faced by many aspiring athletes.
MNS president Raj Thackeray has alleged that Rs 18 crore is siphoned off annually from Mumbai's Siddhivinayak Temple and Rs 1,400 crore was stolen from the Ram Temple in Ayodhya. He demanded PM Modi address the issue, while the Siddhivinayak Temple Trust chairman confirmed arrests and increased income post-theft.
The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.
Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.
India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
The Trump administration has reinstated and expanded the "public charge" rule, making it harder for immigrants seeking green cards if they have used public benefits like Medicaid, food stamps, or housing assistance. This policy change, effective September 18, will impact many applicants, including those from India, by broadening the criteria for inadmissibility.
The overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.
Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.
Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
