'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'
An initial analysis reveals that an Air India Airbus A320 flying from Phuket to Delhi experienced multiple hydraulic system failures, leading to a four-second loss of flight controls and a sudden 300-foot altitude drop, injuring 24 people. The incident is under investigation by the AAIB, and the pilot-in-command subsequently tested positive for a psychoactive substance, prompting Air India to implement mandatory testing for all its pilots.
World champion D Gukesh is 'crumbling under the weight of expectations' and needs to 'shut out the noise' to regain his form ahead of his title defence, said American Grandmaster Hikaru Nakamura. Nakamura also revealed that the 2028 Chess Olympiad could potentially be his last tournament featuring 'true classical' chess.
A man identified as Manish Gupta was arrested in Bihar's Khagaria district for allegedly impersonating an IAS officer and falsely claiming ties to National Security Advisor Ajit Doval. Police recovered a Tesla car, an SUV, imported liquor, and other luxury items from his residence, indicating extensive fraudulent operations. An investigation into his assets and alleged fraud is underway.
The pilot-in-command of an Air India Phuket-Delhi flight that experienced a sudden 300-foot altitude drop last week has tested positive for a psychoactive substance, identified by sources as marijuana, in a confirmatory test. This development comes as Civil Aviation Minister K Rammohan Naidu met with Air India executives to discuss the serious incident, which left 24 people injured.
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
Indian benchmark indices Sensex and Nifty closed lower, with the Sensex dropping 388 points and Nifty declining 112 points, as a sharp rally in crude oil prices, driven by geopolitical uncertainties and concerns over the Strait of Hormuz, dampened investor sentiment and reignited inflation fears.
Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.
Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, with the Sensex jumping 726 points and the Nifty climbing over 200 points, primarily driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows. Track Sensex, Nifty on July 29.
West Bengal BJP president Samik Bhattacharya has expressed the state government's desire for the Tata Group to return to Singur, viewing it as an economic necessity and a signal that West Bengal is open for business. The move aims to reverse the negative perception created when the Nano project was forced out of the state.
With passenger vehicles (PVs), two-wheelers and three-wheelers registering double-digit growth, manufacturers raise production as the industry enters the festival season.
'Ultimately, everything has to be shared. That's why you have that talent. To share it. Unless you share, it won't continue.'
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.
The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.
Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.
Bengaluru-based electric air taxi startup Sarla Aviation has received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA), a crucial step towards commercial production of its indigenous electric vertical take-off and landing (eVTOL) aircraft. The company also inaugurated its new headquarters and announced partnerships, highlighting India's growing capabilities in advanced aerospace technology.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
A much-anticipated board meeting of the Sir Ratan Tata Trust, intended to reconsider nominations to the board of Tata Sons, was cancelled for unspecified reasons, despite the Bombay High Court declining to stay the meeting.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
New players like Maruti Suzuki, VinFast, and Tesla are significantly expanding India's electric passenger vehicle (e-PV) market, capturing an 8.1 per cent share and contributing 18 per cent of incremental registrations in the first half of 2026, according to Fada Research data.
"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
Liquidity stress in smallcap funds has fallen to its lowest level since February 2024, with the average time to liquidate 50% of portfolios dropping to 27 days in June from a peak of 44.2 days in January 2026, driven by a sharp recovery in smallcap stocks and increased trading volumes.
India's leading FMCG companies, including Hindustan Unilever and Dabur, reduced their permanent workforce in FY26, even as most firms in the sector, such as Tata Consumer Products and Marico, increased median employee remuneration, reflecting a mixed trend in staffing and compensation strategies.
Indian benchmark indices Sensex and Nifty extended their losses for the fourth consecutive session, with the Sensex declining 363.66 points and the Nifty dipping 126.65 points, primarily due to a sharp jump in Brent crude oil prices to USD 98.32 per barrel amid escalating tensions in West Asia.
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, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.
Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.
Indian benchmark indices, Sensex and Nifty, opened in positive territory, primarily driven by a strong performance in IT stocks, sustained foreign fund inflows, and a dip in global crude oil prices, despite a hawkish stance from the US Federal Reserve. Track Sensex, Nifty on July 30.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by escalating tensions in West Asia and a sharp rise in crude oil prices, alongside a bearish trend in other Asian markets.
In the race for 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles deal, around 10 bids have been received from Indian private and public sector firms.
Indian benchmark indices Sensex and Nifty rallied in early trade, primarily driven by strong buying in IT stocks after Tech Mahindra reported a significant 28.4 per cent rise in its consolidated net profit for the June quarter.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
