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.
Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.
Tokyo Paralympic gold medallist Pramod Bhagat clinched a gold medal in men's singles SL3 and a silver in men's doubles SL3-SU5 at the Japan Para Badminton International. Fellow Indian shuttler Sukant Kadam marked a significant career milestone by securing his 100th medal, alongside a silver in men's singles SL4 and men's doubles.
The BCCI has announced new associate partnerships with Campa, SBI Life, and ChatGPT for India's home cricket matches. These deals are valued at over Rs 130 crore for two seasons, marking a 44% increase over the previous cycle and extending until March 2028. The partnerships highlight the growing commercial appeal and versatility of Indian cricket.
Sanju Samson has been appointed Brand Ambassador of Jan Kaushal Kendra, Moti Nagar, with Delhi CM Rekha Gupta highlighting his connection with the capital and role inspiring youth.
A PG operator has been arrested following the collapse of a five-storey building in Delhi's Satya Niketan, which resulted in seven deaths. Police are investigating the role of the building's leaseholders, the 'Hostel Daze' PG operators, and the construction work carried out. Another partner is absconding, and a labour contractor has also been apprehended as authorities scrutinise the controversial rent agreement and alleged unauthorised construction.
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.
The Indian government has expanded its Nasha Mukt Bharat Abhiyaan by signing agreements with four spiritual organisations. These partnerships aim to enhance grassroots awareness, prevention, recovery, and social mobilisation efforts against substance abuse, leveraging the extensive reach of these groups.
'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.'
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.
Karnataka Chief Minister D K Shivakumar lauded KEONICS' initiative to provide AI-based KEO computers to rural children, marking the institution's golden jubilee. The KEO computers, developed in Karnataka, aim to bridge the digital divide. Shivakumar also highlighted government efforts to promote IT beyond Bengaluru, enhance industry-oriented skills, and digitise property records, emphasising the state's commitment to technology and skill development.
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.
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.
'Xi is conveying that China is a pre-eminent power, and India should modulate its actions or approaches accordingly.'
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
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.
A global research report by HCLTech indicates that integration has surpassed supply chain constraints as the primary challenge for the semiconductor industry. The study, which surveyed 300 senior leaders, highlights increasing dependency on semiconductors across industries, with 98% of enterprises more reliant now than three years ago and 99% expecting further increases. AI is also driving the strategic importance of semiconductor architecture.
'Tax recovery will continue through attachment and sale of assets and other recovery mechanisms, but personal arrest will no longer form part of the prescribed recovery process.'
Local tennis sensation Shreeniti Chowdhury secured both the girls' singles and doubles titles at the KSLTA World Tennis Junior J30 Bengaluru. The 15-year-old defeated Aahida Singh in the singles final and partnered Riddhi Shinde for the doubles win. In the boys' category, Fazal Ali Meer won the singles, while Chukka Lakshya Vardhan and Parthiv Nallagundla took the doubles title.
Prime Minister Narendra Modi conveyed to Chinese President Xi Jinping that peace and tranquillity along the frontier remains an "essential" basis for the development of India-China relations, even as the two leaders welcomed "steady progress" in bilateral ties during their talks on the sidelines of the BRICS summit.
Bangladesh has confirmed that Prime Minister Tarique Rahman will not attend the upcoming BRICS Summit in India, clarifying that the invitation was extended to him as the BIMSTEC Chair, not as Bangladesh's Prime Minister. The nation is prioritising bilateral visits and discussions, while also addressing national interests like the expiring Ganges Water Sharing Treaty.
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.
Ahead of Xi Jinping's visit, National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi held extensive talks in Beijing on August 25 on the boundary issue and reached an eight-point consensus.
Police have arrested the live-in partner of a techie, who was previously apprehended, in connection with the alleged triple murder of her parents and younger sister in Bengaluru. The co-accused, Kenneth, was traced and detained in Puducherry, with investigators suspecting the motive stemmed from the victims' disapproval of the couple's relationship.
India concluded its campaign at the World Archery Para Series Stage III with an impressive tally of 15 medals, including four gold, three silver, and eight bronze, finishing second in the overall medal standings. The event served as a crucial preparatory test for the upcoming Aichi-Nagoya 2026 Asian Para Games.
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.
India's 10 largest pharmaceutical companies have consistently maintained positive average volume growth throughout 2026, while smaller rivals have experienced more erratic performance, driven by a market shift towards chronic and sub-chronic therapies.
IIT Bhubaneswar and IIT (Indian School of Mines) Dhanbad have signed a Memorandum of Understanding to enhance research collaboration and academic interactions, particularly in semiconductor and basic sciences. The agreement facilitates joint research projects, doctoral student supervision, faculty and student exchanges, and shared experimental resources, aiming to advance knowledge and create lasting impact.
Opposition parties in India are demanding the impeachment and arrest of Chief Election Commissioner (CEC) Gyanesh Kumar, alleging he is running the poll panel as a 'one-man autocracy' following revelations that two Election Commissioners red-flagged issues related to the Special Intensive Revision (SIR) of electoral rolls.
India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.
The Indian men's badminton team secured a medal at the Asian Games by defeating Japan 3-0 in the quarterfinals, highlighted by Lakshya Sen's incredible comeback victory. While the men celebrated, the women's team exited the tournament after a 1-3 loss to Japan.
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.
The US military has refuted Iran's Revolutionary Guards' assertion that an oil tanker struck a naval mine in the Strait of Hormuz. US Central Command stated the Panama-registered vessel, El Gaia, was previously hit by an Iranian missile and then a drone, highlighting ongoing Iranian attempts to impede commercial vessels in the crucial maritime trade route.
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, witnessed by Defence Minister Rajnath Singh, marks a crucial step in India's journey towards self-reliance in the aerospace sector, showcasing HAL's capabilities across military, civil rotary-wing, and pilot training aviation.
State-run defence major Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas Final Operational Clearance twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, along with Dhruv next-generation helicopters to Pawan Hans. This significant handover, witnessed by Defence Minister Rajnath Singh, marks a crucial step in India's journey towards self-reliance in the aerospace sector, showcasing HAL's diverse capabilities in military, civil, and training aviation.
Ravi Shastri lauded Prime Minister Narendra Modi for taking a leading role in international diplomacy during the ongoing BRICS Summit in New Delhi.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
Maharashtra Chief Minister Devendra Fadnavis on Monday said that the state government has already constituted a committee to prepare the Uniform Civil Code (UCC) and that the law will be implemented after the committee submits its report.
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.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
