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 stock markets ended a five-day losing streak, with the Sensex surging 776 points and the Nifty gaining 228 points, driven by a significant drop in crude oil prices and easing geopolitical tensions in West Asia.
Cine and TV Artistes Association President Poonam Dhillon has strongly refuted allegations of misusing her position, calling them 'deeply offensive' and stemming from disgruntled CINTAA members who failed to get their way through legal proceedings.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.
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IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.
Prime Minister Narendra Modi has extended his best wishes to the Indian contingent participating in the Commonwealth Games 2026 in Glasgow, expressing confidence in their passion, determination, and spirit of excellence. He noted that the Games feature 215 events across 10 sports.
Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.
Former India cricketer Sanjay Manjrekar has voiced his support for the ongoing student protests against exam paper leaks, characterising it as a "revolt against feeling of suppression in a democracy." His comments follow similar calls from other prominent sports personalities like Sachin Tendulkar and Shubman Gill for lasting solutions. Students are demanding the removal of Union Education Minister Dharmendra Pradhan, while Prime Minister Narendra Modi has assured steps to protect student interests amidst the protests, which recently saw a 'Sansad Chalo' march met with police action.
Bengaluru Police have registered an FIR against an unidentified woman for allegedly displaying placards supporting jailed activists Umar Khalid and Sharjeel Imam during a student protest at Freedom Park. The incident occurred on Friday, with police alleging the placards were provocative and intended to incite unrest. The complaint was filed after CCTV footage review, and a case has been registered under Section 192 of the Bharatiya Nyaya Sanhita, 2023.
Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
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Sharmila Dhankar, a para-athlete who overcame polio and personal adversity, has made history by becoming India's first para-athlete to win a gold medal at the Commonwealth Games in the women's shot put F57 event. Her season's best throw of 9.81m ended a two-decade wait for India in para-athletics at the CWG, with compatriot Shilpa Shyla also securing a bronze.
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.
Prime Minister Narendra Modi's visit to New Zealand culminated in the elevation of bilateral ties to a strategic partnership, with a focus on doubling trade and enhancing cooperation in sports and the Indo-Pacific region. Modi and his counterpart Christopher Luxon attended a sports showcase, acknowledging a century of sporting ties and discussing future collaborations, including India's preparations for the Commonwealth Games 2030. The visit also saw 18 concrete outcomes and 10 agreements signed, alongside discussions with business leaders.
Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.
Sharmila Dhankar, overcoming polio and an abusive marriage, made history by winning India's first para-athletics gold medal in 20 years at the Commonwealth Games in the women's shot put F57 event. Her compatriot Shilpa Shyla also secured a bronze after a protest. Dhankar's inspiring journey from Haryana to international success, supported by her family and second husband, highlights her remarkable resilience and dedication to para-athletics.
Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
...exceeding their 49,340 crore equity selloff.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
Terming protesters in Pakistan-occupied Kashmir (PoK) as "enemies" like India, Pakistan's Defence Minister Khawaja Asif has said there will be no dialogue with them, even as the death toll due to clashes between demonstrators and security personnel rose to 20 on Wednesday.
Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.
The Sports Ministry has approved a 191-member Indian contingent for the Commonwealth Games in Glasgow, comprising 126 athletes and 51 officials. The Ministry has stipulated that expenses for Indian Olympic Association (IOA) Executive Committee members will not be covered by the government. Additionally, National Sports Federations are required to conduct background checks on their contingents, and a performance report must be submitted post-Games.
Opposition parties, particularly the Congress, have strongly criticised the BJP for felicitating former Union Education Minister Dharmendra Pradhan, who resigned following student protests over the NEET exam controversy. They have also dismissed the government's proposed anti-paper leak legislation as a 'cosmetic Bill' and questioned the sincerity of education reforms.
Climate activist Sonam Wangchuk emphasised the enduring relevance of Mahatma Gandhi's non-violent resistance, stating, "His path is as relevant today as it was 100 years ago. This experiment is successful today."
Fernando Alonso's main focus for the Belgian Grand Prix weekend will be making sure he gets home in time to watch Spain play Argentina in the World Cup final on Sunday.
Assured of the only major medal missing from her decorated cabinet without even stepping into the ring, Lovlina Borgohain will now chase Commonwealth Games gold even as a new generation of Indian boxers look to announce themselves on the big stage starting in Glasgow on Friday.
Clashes erupted during the first phase of legislative assembly elections in Pakistan-occupied Kashmir (PoK), with the banned Joint Awami Action Committee (JAAC) claiming 14 deaths, a figure disputed by law enforcement. India condemned the elections as an attempt by Pakistan to legitimise its illegal occupation and human rights abuses in the region, while ongoing JAAC protests highlight deep-seated grievances.
Prime Minister Narendra Modi concluded his three-nation tour in New Zealand, where he and his counterpart Christopher Luxon elevated bilateral ties to a strategic partnership. The visit focused on doubling trade by 2030 and expanding cooperation in the Indo-Pacific region, marking the first visit by an Indian PM in 40 years.
ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.
Rodri delivered a midfield masterclass against France, anchoring Spain's 2-0 victory and securing their place in the World Cup final. His performance marked a significant return to his pre-injury form, reminiscent of his dominant displays for Manchester City, as he frustrated France's attacking efforts and dictated play.
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'After more than 12 years in power, he has been forced to retreat under public pressure. The education minister's resignation is the biggest political climbdown of his government so far.'
For hundreds of Indian scholars who journeyed to Canada aiming for a foreign degree and a path toward long-term career opportunities, what should have been a triumphant graduation has instead spiralled into deep uncertainty.
Two-time Olympic medallist PV Sindhu has reached her first final in over two years at the Japan Open. Her opponent, Tokyo Olympics champion Chen Yufei of China, retired midway through their women's singles semifinal due to a hamstring injury. Sindhu was leading 21-19, 15-10 when Chen was forced to pull out. Sindhu will now face the winner of the second semifinal between Japan's Akane Yamaguchi and Indonesia's Putri Kusuma Wardani.
