Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.
Karandeep Kochhar, in excellent form with three top-10 finishes this season, will lead a 10-member Indian contingent at the USD 2 million International Series Morocco golf tournament. He will be joined by other prominent Indian golfers including Anirban Lahiri.
Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.
Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.
With Elon Musk reportedly entering the trillionaire club after the SpaceX IPO, here's a fun guide to the biggest number most of us will never see outside a calculator and fancy dreams.
The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.
Cars24 has announced the launch of its AI Labs, backed by a USD 20 million investment, to foster AI innovation and support startups in the field.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, tracking a global rally fueled by US President Donald Trump's declaration of an end to the war with Iran and a subsequent drop in crude oil prices.
Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.
Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.
Petr Bar Biryukov defeated Ilya Ivashka to win the men's singles title at the SM Krishna Memorial Open. Adil Kalyanpur and Mukund Sasikumar won the doubles title.
Students at Stanford University staged a walkout during Google CEO Sundar Pichai's commencement address, protesting the company's ties with the Israeli government, particularly its Project Nimbus cloud-computing deal.
The Pakistan Hockey Federation has paid its players daily allowances and bonuses in advance for the upcoming FIH Pro League matches and the Hockey World Cup, aiming to boost morale and focus. This move includes clearing PKR 4.5 million in dues and increasing daily allowances to USD 110, following their qualification for the World Cup after an eight-year absence.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
US President Donald Trump has unveiled a newly refurbished Boeing 747-8i, previously owned by Qatar, which will serve as the new Air Force One. This luxury jet, featuring a red, white, and navy blue livery, replaces the older aircraft and will act as a "bridge" until new planes from Boeing are delivered by 2028. The aircraft underwent significant security modifications and is set to begin commissioning flights soon.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
The United States and Iran are scheduled to hold their initial round of talks in Switzerland on Friday, following a ceasefire agreement virtually signed by US President Donald Trump and Iranian President Masoud Pezeshkian.
The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a positive trend in global markets, cooling crude oil prices following a US-Iran peace deal, and fresh foreign fund inflows.
Indian golfer Karandeep Kochhar finished the first day of the USD 500,000 IGPL Bharath Classic in tied second place with a round of 6-under 66, just one shot behind leader Runchanapong Youprayong. Other Indian golfers like Aryan Roopa Anand also performed well, while Kochhar expressed satisfaction with his improved putting and readiness for upcoming rounds.
Keegan Smith defeated Philip Sekulic to win the men's singles title at the Karnataka Open. Niki Kaliyanda Poonacha and Saketh Myneni won the men's doubles title.
Gaganjeet Bhullar was the top-performing Indian golfer at the International Series Morocco, finishing tied 31st. While other Indian players struggled, Bhullar showcased consistency. Hong Kong's Taichi Kho won the tournament, securing his second Asian Tour victory and boosting his rankings.
Gaganjeet Bhullar was the top-performing Indian golfer at the International Series Morocco, finishing tied 31st. While other Indian players struggled, Bhullar showcased consistency. Hong Kong's Taichi Kho won the tournament, securing his second Asian Tour victory and boosting his rankings.
India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.
Pakistani hockey players are facing financial difficulties as they await pending dues from the Pakistan Hockey Federation (PHF). Their daily training camp allowance has also been reduced ahead of the FIH World Cup.
Anshul Kuncha, a 28-year-old Indian national from Hyderabad, was shot dead in Philadelphia after delivering pizza to a vacant home. Police are offering a $20,000 reward for information leading to an arrest, and the Consulate General of India is providing assistance to his family.
The FBI announced it foiled a potential attack on the Ultimate Fighting Championship (UFC) event held at the White House last weekend, leading to multiple arrests. The alleged plot involved using explosive-laden drones and a sniper team to target the event attended by President Trump, with a "second wave" planned to storm the White House gate.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.
Indian benchmark stock indices, Sensex and Nifty, recorded their fourth consecutive day of declines, driven by selling in FMCG, financial, and auto sectors. The downturn is attributed to fresh tensions in the Middle East, uncertainty surrounding the US-Iran 60-day ceasefire, and elevated crude oil prices.
The White House on Sunday is witnessing a "fight night" in an octagon-shaped cage as the Ultimate Fighting Championship (UFC) fighters slug it out in the marquee event on the South Lawn on a day President Donald Trump turned 80.
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.
A peace deal between the US and Iran, set to be signed in Geneva, faces significant hurdles over the release of Iran's USD 12 billion in frozen assets, with conflicting reports from both sides on the conditions for their release.
NASA has announced three missions to the moon as part of efforts to establish a permanent base on the earth's natural satellite. The USD 20 billion plan includes lunar rovers and drones for experiments to help master skills to live and operate in the dangerous environment.
Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.
Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.
Indian Grandmaster R Praggnanandhaa is set to compete against Romania's Deac Bogdan-Daniel in the sixth round of the Super Chess Classic, part of the Grand Chess Tour, aiming to end his series of draws.