Former India all-rounder Yuvraj Singh said he was very proud of his mentee Shubman Gill showcasing a rich vein of form while leading the side to a memorable 2-2 drawn Test series against England.

The Reserve Bank of India’s Monetary Policy Committee (MPC) could consider further policy rate cuts if upcoming GDP data falls short of expectations and the US Federal Reserve begins aggressive easing in response to a weaker labour market, a report said on Thursday.

Amara Raja Energy and Mobility Limited on Thursday reported a 34 per cent drop in its consolidated net profit for the April–June quarter (Q1 FY26), as profit after tax (PAT) stood at Rs 165 crore, compared to Rs 249 crore in the same period previous fiscal (Q1 FY25).

Citing economic resilience and sustained fiscal consolidation, global credit ratings agency S&P Global on Thursday upgraded India's long-term unsolicited sovereign credit rating to "BBB" from the earlier "BBB-", ahead of the 79th Independence Day.

In a note, S&P Global said the stable outlook reflects continued policy stability and high infrastructure investment, which are set to boost India’s long-term growth.

"That, along with cautious fiscal and monetary policy that moderates the government's elevated debt and interest burden, will underpin the rating over the next 24 months," the rating agency said.

The short-term rating on India has also been revised to A-2 from A-3 earlier, and the transfer and convertibility assessment has been revised to A- from BBB+.

The sales of automobiles in the country posted a "stable performance" in July this year, across all segments including passenger vehicles (cars and utility vehicles), two-wheelers, three-wheelers and quadricycle, to cross a total of 26.98 lakh units during the month, according to a Society of Indian Automobile Manufacturers (SIAM) statement released on Thursday.

The two-wheeler segment grew by 8.7 per cent in July 2025, as compared to July 2024, with sales surpassing 15.67 lakh units. Scooter sales grew by 16.2 per cent to 6,43,169 in July as compared with 5,53,642 units in the corresponding month last year. Similarly, motorcycle sales grew by 4.7 per cent to 8,90,107 units during the month as compared with 8,50,489 units in July 2024.

A massive cloudburst hit J&K’s Kishtwar district on Thursday, with casualties feared, even as officials said a rescue operation has been started in the affected area.

The cloudburst hit Chositi village in the Paddar sub-division of Kishtwar.

While reports claimed 10 people have died in this cloudburst, there was no official word on the casualties.

Union Minister Dr Jitendra Singh said that the cloudburst had hit the Chositi area of the Paddar sub-division, and a rescue operation has already been started.

The Lao state-owned Electricite du Laos (EDL) plans to implement a strategy to strengthen the country's electricity supply in the second half of 2025.

According to Lao Economic Daily on Thursday, senior officials and staff from the EDL and related sectors met to review EDL's performance and outline strategic plans,News Agency reported.

The EDL faced significant challenges in the first half of the year due to global and regional economic volatility, as well as a sluggish domestic recovery. These factors have affected EDL's ability to meet its performance targets, said the report.

The EDL is focusing on clear principles and policies to guide its operations and ensure alignment across departments. Staff are encouraged to work toward shared goals and follow the reform direction to improve efficiency and service delivery. It aims to provide reliable and sufficient electricity to the public while engaging in power trading to generate stable revenue for the government.

With heavy rain triggering a flood-like situation in parts of Telangana, the state government on Thursday released Rs 1 crore each to the districts for relief operations.

Revenue Minister Ponguleti Srinivas Reddy announced this during a video conference with District Collectors to review the situation.

He directed the Collectors to be alert and take measures to prevent loss of life and property. They were directed to have special focus on low-lying and flood-prone areas.

The minister asked the Collectors to cancel leaves of all officials and call back those who were already on leave.

In view of the heavy rain alert for the next three days, he asked them to take all necessary measures to ensure that people do not face any problems.

India's annual rate of inflation based on the Wholesale Price Index (WPI) fell further in the negative zone to a two-year low of (-) 0.58 in July this year, compared to the same month of the previous year -- primarily due to a decrease in the prices of food articles and fuels such as petrol, diesel and natural gas, according to data released by the Commerce and Industry Ministry on Thursday.

The WPI inflation for July is also lower than the -0.13 per cent that was recorded in the previous month of June. WPI-based inflation has been steadily easing since March and hit a 14-month low of 0.39 per cent in May.

Even as foreign institutional investors (FII) continue to sell Indian equities, the stock markets are holding strong due to significant buying from domestic institutional investors (DIIs) and retail investors.

The secondary market outflows by FIIs in 2025 saw the highest level of foreign selling in India's markets to date. However, domestic institutional investors (DIIs) have pumped in over Rs 4 lakh crore into the Indian stock market this year, the largest inflow by this category in the cash market during the first seven months since 2007.