Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.
Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.
A parliamentary panel flagged staffing shortages at NCERT and CBSE, inadequate education spending, falling enrolment and poor internet connectivity in government schools.
Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.
Indian stock markets witnessed a significant rally, with the Sensex climbing 964.58 points and the Nifty reaching 24,330, driven by strong buying in blue-chip stocks, particularly in the IT and banking sectors, amidst optimism over Q1 earnings and a shift towards large-cap investments.
India's 10 most valuable families had a combined valuation of Rs 70.5 trillion.
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
Focused on success at the Commonwealth and Asian Games, Animesh Kujur is unconcerned by the fastest-man debate, believing his performances on the biggest stages will speak for themselves.
Air Chief Marshal A P Singh, the IAF chief, has strongly advocated for India to achieve greater self-reliance in unmanned aerial systems and other critical defence technologies, stating, "Technology delayed is technology denied." He stressed the importance of indigenous development to avoid dependency on other countries for components.
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
Tejaswin Shankar, a two-time Commonwealth Games medalist, is targeting an Asian Games decathlon gold with a personal best, while building towards Olympic-level performances and longevity.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
The Supreme Court on Monday directed the ministry of environment, forests and climate change (MoEFCC) to conduct a nationwide survey to check if any state has constructed obstacles or created blockades in elephant corridors, saying it was unacceptable.
Reports have surfaced in Israeli media claiming that Iranian supreme leader Mojtaba Khamenei is in critical condition and has been rushed to a hospital.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by heavy selling in HDFC Bank following its quarterly earnings and a sharp spike in Brent crude oil prices due to escalating tensions between the US and Iran. Track Sensex, Nifty
The Central Bureau of Investigation (CBI) is investigating the Reliance Anil Ambani Group for alleged bank loan frauds totalling 73,000 crore across seven cases. The Supreme Court is monitoring the investigation, which also involves the Enforcement Directorate (ED).
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant surge in crude oil prices, exacerbated by escalating tensions in the West Asia. Track how Sensex, Nifty fared on July 23.
A new report highlights that publishers need to adopt clear records, AI-specific provisions, and transparent disclosure of AI use to manage legal and commercial risks as the copyright framework around artificial intelligence evolves. Jointly developed by SS Rana & Co and Ficci, the 'Copyright In The AI Age' report emphasises practical governance measures while courts and regulators work on legal principles. It also addresses concerns about authorship, creators' rights, and research integrity amidst increasing AI integration in publishing.
Former India captain Sunil Chhetri has publicly appealed to the Tata Group to reverse its decision to withdraw Indian Super League club Jamshedpur FC.
It's not about how much you earn -- it's about how you borrow and repay.
The Enforcement Directorate (ED) has attached fresh assets worth over 581 crore belonging to Reliance Group companies, RHFL and RCFL, as part of its ongoing money laundering investigation.
Former Pakistan Test spinner and chief selector Iqbal Qasim has criticised the current generation of Pakistani cricketers for prioritising financial gain, particularly through leagues like the PSL, over dedicated skill development and game awareness, attributing this to a lack of vision among selectors and a general disinterest among young players.
Jamshedpur FC players have released an emotional video appealing to owners Tata Group to reverse their decision to shut down the Indian Super League club.
The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.
The Supreme Court is deliberating whether a split in the Shiv Sena could originate in the legislature party and then extend to the broader organisation and primary membership, as it hears pleas from the Uddhav Thackeray faction challenging the Election Commission's recognition of the Eknath Shinde-led faction.
In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.
'Where is the official record? Media bytes are not parliamentary records. What matters is what is recorded on the floor of Parliament. I am not denying that we had a heated exchange.'
IT Secretary S Krishnan advocates for India to pursue "strategic autonomy" in the AI ecosystem by building domestic capabilities and diversifying global supply chains. He emphasized avoiding overdependence on single sources while integrating into trusted global networks, and also highlighted the need to consider an AI law and regulatory framework.
Indian benchmark indices Sensex and Nifty ended a four-day rally, closing lower on Tuesday following the introduction of a new Closing Auction Session (CAS) for F&O stocks, which has added a layer of volatility and led to an early adjustment in market structure.
Indian benchmark indices, Sensex and Nifty, closed almost unchanged due to profit-taking in blue-chip stocks, geopolitical uncertainties, fluctuating oil prices, and weak Asian market trends, despite cooling US inflation offering some support.
The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of a money laundering investigation against Reliance Power Ltd., a group company of businessman Anil Ambani.
Indian benchmark indices Sensex and Nifty recorded their third consecutive day of gains, primarily driven by an over 8 per cent surge in Bajaj Finance following strong Q1 FY27 results, coupled with significant foreign fund inflows and a dip in crude oil prices.
Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.
India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.
United States President Donald Trump has said that India's Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and 'our partners in India' for the deal.
The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
Despite a population of 1.45 billion, India's football team is ranked a lowly 138th in the world and failed to qualify for next year's Asian Cup, highlighting deep-rooted systemic issues and a failure to implement reforms that keep the World Cup dream distant for fans.
