Prime Minister Narendra Modi presented Russian President Vladimir Putin with a Russian translation of the Thirukkural, the classical Tamil work by poet-philosopher Thiruvalluvar, ahead of the BRICS Summit in New Delhi.
Fighting in Yemen has intensified as Houthi rebels advance on strategic government-held areas like Marib and Taiz, putting pressure on Saudi Arabia to respond. The conflict is also linked to wider US-Iran tensions affecting shipping in the Strait of Hormuz, with former US President Trump commenting on the situation.
Pakistan has formally requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. The tournament is scheduled for October 27 to November 5 in Mohali and Jalandhar. This request follows earlier claims of Pakistan's participation and past withdrawals from events in India.
The International Cricket Council has announced that India will host the inaugural Women's Champions Trophy from February 14 to 28, with matches scheduled in Mumbai and Vadodara. Sri Lanka was originally slated to host but was replaced due to ongoing governance issues in its cricket board. Six top women's teams will compete in this landmark tournament.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
Refusing to travel to India citing "sensitive bilateral situation", Pakistan on Wednesday asked the Asian Hockey Federation to shift its Asian Champions Trophy matches to a neutral venue.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
The BRICS New Delhi Declaration has endorsed India's proposals for a Working Group on Sports Technology and a Sports Goods Manufacturing Conclave, aiming to enhance cooperation and innovation among member nations in the sports sector.
The Reserve Bank of India (RBI) is planning to extend tokenisation to various financial asset classes, building on its successful trials with certificates of deposit (CDs). This move aims to enhance the efficiency of issuance, trading, and settlement of financial assets, leveraging blockchain technology and wholesale Central Bank Digital Currency (CBDC) for atomic settlements.
The Delhi government has signed a tripartite Memorandum of Understanding with the School Games Federation of India and the International School Sport Federation to host international school badminton and wrestling events next year, aiming to boost the city's sports ecosystem and provide international exposure to young athletes.
Pakistan has requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. Hockey India has rejected this demand, stating there will be no change in venue for the tournament scheduled in Mohali and Jalandhar from October 27 to November 5. Pakistan's participation remains uncertain, with potential replacements like Bangladesh and Oman being considered.
Salesforce has entered a multi-year partnership with FIDE, becoming the title sponsor for the 2026 and 2028 World Championship Matches and the 2027 Women's World Championship Match, and integrating its AI solutions to enhance FIDE's operations, player rankings, and fan engagement.
Nepal has launched a diplomatic initiative to secure climate-related compensation from major greenhouse gas emitters, asserting that post-disaster assistance for recent deadly flash floods should be viewed as a moral and legal liability, not charity. Foreign Minister Shisir Khanal highlighted Nepal's disproportionate suffering from global warming despite negligible emissions, citing rapid glacier melt and extreme mountain disasters. The country has formally approached the Loss and Damage Fund board for urgent financial aid following a catastrophic flash flood in the Bhotekoshi river basin.
Cricket Scotland and the Royal Dutch Cricket Association have strongly criticised the International Cricket Council's decision to implement significant structural changes to the 2027 ODI World Cup qualification pathway and tournament format, stating it 'risk weakening the integrity and credibility of international cricket'.
India is set to develop its first 100% hydrogen-powered Direct Reduced Iron (DRI) plant, a Rs 207-crore national pilot project led by CSIR-IMMT. This initiative aims to significantly reduce carbon emissions in the steel sector and achieve net-zero commitments, focusing on adapting the technology to India's domestic iron ore conditions.
The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
Dig into the prospectus. Use the prospectus to understand the business and its risks.
Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Regional Indian airline FLY91 has placed a significant order for 40 new ATR 72-600 turboprop aircraft, valued at nearly USD 1 billion. This marks the single largest order for ATR planes by a regional carrier globally and is set to dramatically expand FLY91's network, connecting more unserved and underserved cities across India. Deliveries are scheduled from late 2027 to 2032, supporting the airline's goal of operating over 60 aircraft.
Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.
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.
Four promising Indian tennis players, including Manas Dhamne and Vaishnavi Adkar, have been inducted into the Government of India's Target Asian Games Group (TAGG) scheme, which provides comprehensive support for high-performance athletes. This move, welcomed by AITA, aims to strengthen India's presence in international tennis.
'The valley is around 16 km from the Nepal border, and it took just 8-10 minutes for the ice and rocks to reach the Nepal border. You can imagine how fast it must have travelled!'
A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.
India and China are in what experts call 'a cooperation-versus-competition situation'.
State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
UIDAI Chairman Neelkanth Mishra announced the extensive deployment of Artificial Intelligence to detect and counter fraud in Aadhaar, describing it as a "cat-and-mouse game." He highlighted the dramatic increase in daily Aadhaar authentications and the launch of the Aadhaar Face Authentication SDK and Sandbox to enhance security and ease of integration for ecosystem partners.
Buying a mature rocket technology gives companies the designs and hardware know-how, but not necessarily the decades of engineering wisdom needed to make it work.
Tamil Nadu Chief Minister C Joseph Vijay has announced plans for a new Rs 1,200 crore Assembly-cum-Secretariat integrated complex in Chennai, moving the administration from the historic Fort St George. The modern facility will house all state government departments, addressing space constraints and aiming for efficient governance. Additionally, the CM unveiled plans for a Tamil Nadu Olympic City and a Motor Sports City to boost sports infrastructure and tourism.
Josh Kushner said Thrive Capital misjudged football's political dynamics, would have avoided FIFA's failed $20 billion rights plan, but still supports its aim of broader investment.
External Affairs Minister S Jaishankar visited Kyiv, reiterating India's readiness to assist in ending the Ukraine-Russia war. He emphasised that solutions would not emerge from the battlefield and highlighted Prime Minister Modi's call for an end to the conflict. Discussions also covered humanitarian aid, the impact on commercial shipping, and bilateral trade, with Jaishankar inviting his Ukrainian counterpart to India for further talks.
Tata Chemicals has stated its commitment to resolving outstanding issues with the Kenyan government after President William Ruto reportedly ordered its subsidiary, Tata Chemicals Magadi Ltd, to cease operations, citing a lack of benefit to citizens.
SCTIMST and Invasive Technologies have launched "Chitra Core," a new drug-eluting coronary stent designed with significantly less metal to reduce complications. This indigenous innovation, developed in collaboration, aims to provide advanced and cost-effective cardiac care, building on decades of Indian medical device development. The institute is also developing a unique TiN-coated stent for global markets.
The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
As India's decline continued on global indices, the government first blamed methodology and then motives. This is where we remain today as we wish each other and ourselves a happy Independence Day, points out Aakar Patel.
