Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
The US House of Representatives has passed the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, authorising President Trump to impose sanctions on Russia's energy sector and tariffs on countries like India and China that purchase Russian oil and gas. The legislation aims to curb Russia's ability to evade existing sanctions and reduce global dependence on its energy exports, despite some Democratic opposition to increased tariff authority for the President.
Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.
Chinese President Xi Jinping has called for global collaboration in Artificial Intelligence development, stating it should be a "symphony" rather than a "solo performance." His remarks came at the World Artificial Intelligence Conference (WAIC) in Shanghai, where 29 countries also signed an agreement to establish the World Artificial Intelligence Cooperation Organisation (WAICO), an independent intergovernmental body headquartered in Shanghai. China also pledged 5,000 AI research projects and training for developing nations.
New Delhi is under a thick blanket of security as it hosts top world leaders for the BRICS Summit. Extensive security measures, including thousands of personnel and CCTV cameras, are in place. Commuters can expect temporary traffic restrictions and diversions due to VVIP movements, though officials aim to minimise public inconvenience.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a bearish trend in global equities, as escalating conflict in West Asia drove up crude oil prices and intensified investor concerns.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices, escalating US-Iran hostilities, and renewed concerns over a potential US interest rate hike.
New Delhi was told it had given something up; in reality it had stopped talking about it, notes Dr Abhishek Puri.
Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.
South Africa international midfielder Jayden Adams, who played a key role in his country's 2026 World Cup campaign, has died at the age of 25, with no cause of death immediately provided.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to renewed tensions in West Asia, which led to a rebound in crude oil prices, coupled with weak global market trends and foreign fund outflows.
The third season of the World Championship of Legends will be held in the UAE from October 3 to 18, featuring cricketing legends like Yuvraj Singh, Shahid Afridi, Chris Gayle, AB de Villiers, and David Warner. This marks the tournament's first venture outside the UK, promising high-profile clashes and rekindled international rivalries across Dubai and Sharjah.
The 18th BRICS Summit got underway in New Delhi with leaders of partner countries gathering in the capital to discuss the changing global economic and geopolitical landscape.
JioHotstar has officially launched its streaming services in the UK, Canada, and Singapore, offering over 160,000 hours of Indian entertainment in more than 12 languages, targeting both the South Asian diaspora and a wider global audience.
Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.
Indian stock markets, including the Sensex and Nifty, experienced their third consecutive day of declines, driven by a global selloff, escalating tensions in West Asia, and a subsequent rise in crude oil prices.
Indian cricketer Rohit Sharma has responded to speculation about his participation in the 2027 ODI World Cup, stating that "October 2027 is far away." BCCI secretary Devajit Saikia also dismissed concerns, highlighting Sharma's current form.
The Russian T10 League has been launched, marking a significant step towards reviving and developing cricket in Russia with the long-term goal of establishing the country as a credible cricketing nation. The inaugural season will feature four franchises competing in seven matches at Luzhniki Stadium, Moscow, on September 19 and 20, 2026.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
Infantino appears to have enough global support to secure re-election, forcing opponents without a credible challenger to consider shifting from defeating him to curbing presidential powers.
Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.
Prominent individuals, including Infosys co-founder Nandan Nilekani and Zerodha founders Nithin and Nikhil Kamath, have appeared on a notice list during Karnataka's Special Intensive Revision (SIR) of electoral rolls due to various discrepancies. Authorities clarify that these notices are part of a verification process and officials will assist in resolving the issues without inconveniencing the individuals, also debunking reports about CM D K Shivakumar's mother receiving a notice.
The Japan Cricket Association (JCA) is set to host its first-ever T20I against reigning world champions India, a landmark event expected to significantly elevate cricket's profile and drive its long-term growth in Japan, according to JCA COO Alan Curr.
India's total goods trade with BRICS nations more than doubled from FY21 to FY26, reaching USD 417.5 billion, but a significant surge in imports, particularly from China and Russia, has caused India's trade deficit with the bloc to more than triple, reaching USD 226.1 billion.
Chinese President Xi Jinping called for global collaboration in artificial intelligence development, emphasising a "symphony of global collaboration" over a "solo performance" by any single nation. Speaking at the World Artificial Intelligence Conference in Shanghai, Xi highlighted the need for ethical AI governance, shared prosperity, and addressing challenges like the widening digital divide. He also announced China's commitment to support developing countries with 5,000 AI research projects and training programmes. The event also saw 29 countries sign an agreement to establish the World Artificial Intelligence Cooperation Organisation (WAICO) in Shanghai.
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."
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
FIFA President Gianni Infantino is committed to seeking re-election in March next year, despite facing renewed opposition following a controversial plan to sell a stake in FIFA competitions to private investors.
Dave Cousins, India's new national compound archery head coach, believes a historic first Olympic medal for India is inevitable. He is preparing the team for the Aichi-Nagoya Asian Games and has long-term plans for the 2028 Los Angeles Olympics, noting the changing Asian archery landscape and the impressive work ethic of Indian archers.
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.
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.
"When Royal Enfield turned 100, we were struggling for survival"
Cricket Australia has announced that private investment will be introduced into the Big Bash League (BBL) from the 2027-28 season, beginning with the sale of the Melbourne Renegades T20 franchise, a move aimed at strengthening the league's long-term future and boosting finances.
Overcrowding and jostling preceded the electrocution tragedy near a Ganapati pandal in Kalachowki neighbourhood in Mumbai's Lalbaug area early Sunday, which claimed the lives of an eight-year-old girl and a woman, eyewitnesses and locals claimed.
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.
Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.
Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.
