Foreign Portfolio Investors (FPIs) withdrew Rs 13,138 crore from Indian equities in the first half of September, driven by heightened global uncertainty, rising crude oil prices, firm US bond yields, and a strong dollar, impacting risk appetite.
Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.
India's Consul General in Shanghai, Pratik Mathur, extended greetings to Song Hou, Director General of China's Commercial Aircraft Corporation (COMAC), ahead of his visit to New Delhi for the BRICS Business Forum 2026. Discussions focused on B2B, technology, and connectivity ties, aligning with India's BRICS Presidency vision. The forum precedes the 18th BRICS Summit.
Mamata Banerjee, who founded the Trinamool Congress through an act of rebellion against the Congress, now faces a similar internal revolt that threatens the very identity of her party. The Election Commission's interim decision to withhold the TMC name and symbol for the upcoming bypolls highlights a deeper struggle for political inheritance. This situation, unprecedented for the party, forces both Mamata's loyalists and rebels to seek electoral recognition without their established identity, marking a significant challenge to her long-standing dominance.
Merchants will be subject to an 18 per cent Goods and Services Tax (GST) on the Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, but can mitigate this burden by claiming input tax credit (ITC), according to tax experts.
Tamil Nadu Chief Minister C Joseph Vijay has announced the establishment of a world-class Tamil Nadu Olympic City in Chennai, featuring advanced sports arenas, training centres, and accommodation.
FATF Vice-President Vivek Aggarwal has urged the fintech industry to increase investments to combat emerging threats from AI, scam compounds, virtual digital assets, and quantum computing. He warned that these technological challenges pose a significant risk to India's rapid growth in the fintech sector, highlighting a current lack of adequate investment and risk realisation within the industry.
Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.
All-rounder Deepti Sharma has downplayed concerns about India's fielding ahead of the Women's Asia Cup T20 final, stating that dropped catches are 'a part of the game' and the team remains focused on a strong all-round performance.
Former TMC MLA Nirmal Ghosh has been arrested in Odisha in connection with the alleged hurried cremation of a doctor who was raped and murdered in Kolkata in 2024. The arrest follows a fresh complaint by the victim's father, accusing Ghosh of involvement in the destruction of evidence and criminal conspiracy.
Suvendu Adhikari and Dilip Ghosh are the top contenders for West Bengal Chief Minister.
India, already qualified for the semifinals of the Women's Asia Cup, are set to face traditional rivals Pakistan in their final league game. While India is considered the overwhelming favourite, the match offers both teams an opportunity to fine-tune their strategies. India aims to strengthen its power-hitting and fast bowling, while Pakistan needs significant improvement in its batting to challenge stronger opponents.
'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'
India's women's cricket team secured their record-extending eighth Asia Cup title, defeating Sri Lanka by 72 runs in the final. Captain Harmanpreet Kaur attributed the success to the team's consistent high standards, while coach Amol Muzumdar highlighted strong batting and effective spin bowling.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.
The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).
Shafali Verma capitalised on three dropped chances to smash 64 off 40 balls, while India's spinners dismantled Bangladesh's chase to secure a comfortable 40-run Asia Cup semifinal win.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
TMC national general secretary Abhishek Banerjee has accused armed BJP men of vandalising the party's Camac Street office in Kolkata, damaging property and stealing items. The BJP has denied the allegations, calling them staged. The incident further intensifies the political confrontation between the two parties in West Bengal, following a recent dispute over a billboard at the same premises.
Chennai Super Kings have signed Karnataka all-rounder Macneil Noronha as a replacement for the injured Ramakrishna Ghosh for the remainder of the IPL season.
Justice Ashwani Kumar Mishra was sworn in as the Chief Justice of the Punjab and Haryana High Court, despite strong objections from the Punjab government. The Mann government claimed the appointment bypassed constitutional norms and procedures, leading to a political tussle with the Centre, which defended the process.
The mother of the RG Kar hospital rape-murder victim on Monday rejected Trinamool Congres MLA Kunal Ghosh's comparison between the Rs 10 lakh given to the family of a party worker who died in police custody in Halisahar, and the same amount of compensation announced after her daughter's death.
Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.
The Lok Sabha Secretariat has issued notices to 20 rebel Trinamool Congress (TMC) MPs, seeking their replies within seven days regarding petitions filed by TMC leader Abhishek Banerjee for their disqualification under the anti-defection law.
The UTT National Ranking Table Tennis Championships in Kanpur witnessed top seed Manush Shah narrowly escape an upset in the men's singles, while the women's singles draw experienced significant upheavals with several seeded players, including eighth-seeded Sayali Wani, making early exits after intense five-game battles.
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
India's women's cricket team will face Hong Kong in their second Women's T20 Asia Cup match, aiming to address batting collapses experienced in their opening game against Thailand. Despite a comfortable win, the team seeks a more complete performance, with key players like Shafali Verma and Deepti Sharma in form, while others like Smriti Mandhana and Harmanpreet Kaur look to regain form. Hong Kong, having lost to Thailand, will rely on players like Marina Lamplough and Kary Chan to challenge India.
Smallcap funds have emerged as the primary beneficiaries of the systematic investment plan (SIP) wave in Indian mutual funds over the past five years, with their SIP assets surging to approximately 1.83 trillion by March 2026, a fivefold increase.
On Uttam Kumar's birth centenary, actor Prosenjit Chatterjee shares intimate memories of the Bengali matinee idol, recounting how 'Uttam-jethu' not only launched his career but also profoundly influenced his father, Biswajit Chatterjee, and remained a guiding force for their family.
Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
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.
Smriti Mandhana breaks plethora of records as India outplay Hong Kong by 137 runs on Thursday to enter Women's Asia Cup semi-final.
Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.
India opener Shafali Verma acknowledged the team's batting unit needs to address its shortcomings on turning pitches, despite securing a 94-run victory against Thailand in the Women's Asia Cup opener. Verma, who scored a brisk 64, noted that while the new ball came on well, the older ball gripped and turned, causing difficulties for the middle order. She emphasised the need for adaptation and praised Thailand's improving performance.
Nepal's devastating flash floods have created a worrisome flood situation in Bihar.
Payas Jain and Syndrela Das have been crowned men's and women's singles champions, respectively, at the UTT National Ranking Table Tennis Championships in Kanpur. The tournament also highlighted the rise of younger players, with several top seeds being eliminated early.
The Board of Control for Cricket in India (BCCI) and the Asian Cricket Council (ACC) are reportedly dissatisfied with the arrangements and facilities for the upcoming Asian Games cricket tournament in Aichi-Nagoya, Japan. Concerns include inadequate dressing rooms, distant washrooms, and small hotel rooms. As a result, India might send a 'B' team instead of the previously announced full-strength squad, pending a report from a BCCI observer.
Three FIRs have been lodged against 39 named and more than 900 unnamed people in connection with clashes that broke out between the police and protesting job aspirants in Jharkhand's Giridih and Hazaribag, officials said on Sunday.
The Supreme Court has listed for hearing on August 31 an appeal of Sumit Roy, personal assistant to Trinamool Congress MP Abhishek Banerjee, challenging the August 6 order of the Calcutta high court denying him pre-arrest bail in the Salboni land-grabbing case.
