Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
A Delhi Police constable, Amarjeet, died after being shot during alleged celebratory firing at a 'jalwa pujan' ceremony in Hansi, Haryana. Two individuals, including a Haryana Police personnel, are accused of firing shots, one of which fatally struck Amarjeet. An investigation is underway, and a case has been registered.
As AI enters astrology apps and predictions, technology is becoming a new interface for humanity's oldest questions about uncertainty and the future.
A youth has been arrested in Kolkata under the POCSO Act after a minor girl gave birth to a child. Hospital authorities alerted police when they discovered the mother's age during admission. The girl alleged repeated sexual relations with the 19-year-old accused, leading to her pregnancy. Police are investigating the circumstances, including potential marriage and involvement of others, following a recent government warning on strict action in such cases.
A 48-year-old man, Firoj alias Khaja, has been arrested by Delhi Police Crime Branch in Gurugram after evading capture for nearly 24 years. He was wanted for the 2002 murder of Kalaam Ansari, whose head was allegedly crushed with stones in a forested area of south Delhi. The motive appears to be revenge for a family dispute involving Firoj's brother.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
Police in Bijnor discovered the body of a woman, aged around 25-26, with burn marks and signs of strangulation in a sugarcane field. A two-year-old girl was found crying beside the body. Authorities are investigating the incident, working to identify the woman and child, and reviewing CCTV footage.
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.
A 19-year-old man was arrested in Chennai for allegedly sexually abusing a 16-year-old girl he befriended on social media. Police acted swiftly on the mother's complaint. The article also mentions a separate arrest of a school principal under the POCSO Act and clarifies another ongoing investigation.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
An undertrial inmate, Pradeep alias Mohinder, was allegedly stabbed to death by two fellow prisoners inside Central Jail No. 10 in Delhi's Rohini. The victim sustained a neck injury and was declared brought dead at BSA Hospital. Police are investigating the incident, registering a case, and examining CCTV footage.
Union Minister Nitin Gadkari has filed a civil suit against Meta, X Corp, Google LLC, and unknown persons in the Bombay High Court over "defamatory" deepfakes and AI-generated posts concerning the ethanol policy. The court will hear the matter on August 5, with Gadkari seeking a permanent injunction and immediate takedown of the fake content, which he claims has harmed his reputation.
Indian track and field athlete Tejaswin Shankar earned a bronze medal in the men's decathlon at the Asian Games in Nagoya. He secured his position by winning the final event, the 1500m race, accumulating a total of 7,934 points.
Police in Saharanpur have arrested three alleged drug peddlers and seized 2.38 kg of smack valued at approximately Rs 4.76 crore. The arrests were made during a joint operation, leading to the recovery of cash, an electronic weighing machine, mobile phones, and a motorcycle. A case has been registered under the NDPS Act, and further investigation is underway to dismantle the drug network.
AI has taken Indian sports stars back to the 1980s, and the results are getting plenty of attention online. From retro hairstyles to colourful outfits, cricketers and athletes are enjoying the viral trend and sharing their vintage avatars with fans.
A 32-year-old man, Avnish Kumar, was allegedly shot dead in Mathura by two brothers while returning from a wrestling match. The motive appears to be an alleged relationship between the deceased and one of the accused's wives, who reportedly eloped with Avnish four years prior. Police are investigating the incident.
Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.
A 48-year-old man, Lalit, has been arrested in New Delhi for his alleged involvement in a 1994 double murder-cum-dacoity case. He had been absconding for nearly 32 years after two sadhvis were strangled to death and valuables looted from a spiritual ashram. Three other co-accused were arrested earlier, while Lalit lived under a false identity as a labourer.
Lady Shri Ram College for Women has moved classes online following the alleged rape of a 17-year-old girl near the campus, raising significant safety concerns among students and the college community. Three suspects have been arrested in connection with the incident.
Police in Thane have formed six teams to apprehend former BJP MLA Narendra Pawar and dismissed police officer Shailendra Patil, who are accused of raping a 22-year-old woman at a farmhouse. The duo has been absconding since the FIR was registered, and crucial CCTV footage from the farmhouse is also missing.
Gujarat CID-Crime has registered FIRs against three political outfits Swatantrata Abhivyakti Party, Satyavadi Rakshak Party, and Garib Kalyan Party for allegedly orchestrating a 'poll donation scam' amounting to Rs 314 crore in tax evasion. These parties reportedly collected donations, returned money after deducting commissions, and facilitated tax rebates for donors, with chartered accountants also implicated. The scam involved submitting false contribution reports to the Election Commission.
A court in Bhadohi has sentenced Rajkamal alias Kariya to 20 years in prison and imposed a fine of Rs 1.10 lakh for the abduction and rape of a nine-year-old Dalit girl. The incident occurred on July 11, 2025, and the fine amount is directed towards the victim's medical treatment.
Delhi Police conducted a 96-hour special operation in west Delhi, arresting 19 individuals, including six foreign nationals, and recovering narcotics valued at approximately Rs 5 crore. The operation targeted organised drug supply chains, leading to 17 cases registered under the NDPS Act and the seizure of various illicit substances.
The Delhi High Court has ruled that criminal cases involving sexual offences against children, particularly under the POCSO Act, cannot be settled by the survivor or their family. Justice Sachin Datta emphasised that such heinous offences have a serious societal impact and quashing proceedings based on a compromise would undermine the statute's objectives and justice.
A Delhi court has remanded three accused Asif, Hemant, and Mukesh to 14 days' judicial custody in connection with the alleged rape of a 17-year-old girl at Aastha Kunj Park. The accused allegedly posed as policemen, threatened the victim and her friend, and then raped the girl. One accused, Asif, was arrested after an encounter with the police.
Indian golfer Avani Prashanth did not make the cut at the Buccellati Ladies Italian Open in Monza, Italy. She posted rounds of 76 and 74, featuring a mix of birdies, bogeys, and a double bogey, which was insufficient to qualify for the weekend rounds. Meanwhile, Moa Folke, Alexandra Forsterling, and Casandra Alexander share the lead after the second day.
India's fencing campaign at the Asian Games concluded after the women's sabre team was defeated by Uzbekistan in the quarterfinals. Despite an earlier win against Indonesia, the Indian team, including C A Bhavani Devi, Shreya Gupta, and Jefarlin Simla, could not advance further, marking an underwhelming performance where no fencer reached the medal rounds.
Following the tragic killing of a teacher inside a school, the Lakhimpur Kheri district administration has ordered all schools to review and significantly upgrade their security protocols. A 16-point safety audit checklist has been introduced, mandating measures from controlled entry to CCTV surveillance and staff verification, with police coordination and increased patrolling.
India's men's sabre and women's foil teams were eliminated from the Asian Games after losing their respective quarterfinal matches to Korea and Japan. The men's team had defeated the Philippines in the pre-quarterfinals, while the women's team advanced past Indonesia in the round of 16 before their quarterfinal exits.
A recent survey reveals that Artificial Intelligence is becoming a central focus in human resource management, with a majority of professionals identifying it as a top priority for improving efficiency, reducing costs, and optimising workforce planning across various HR functions.
This article provides the updated medals tally after Day 8 of the Asian Games, showing China in the lead with 205 medals, followed by Japan and South Korea. India is currently ranked 12th with a total of 37 medals.
ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.
Researchers from Goa Institute of Management (GIM) and Goa Business School conducted a study analysing over 1.31 lakh posts on social media platform X using machine learning models. They found that indirect aggression is most common during major social, financial, sporting, and political events in India. The study classified aggression into overt, covert, and non-aggressive forms, noting that overt aggression remained relatively low but peaked during events like India's T20 World Cup loss. The findings have significant implications for online moderation and communication policies.
Indian riders Vipul Chheda and Jai Sud finished eighth and ninth respectively in the dressage individual final at the Asian Games. Competing on Dono Di Maggio and Goofy La Perle, they scored 72.680 and 71.490, placing them outside the medal positions. South Korea's Dongheon Nam secured the gold, while China's Jiayi Yu and Jiayi Rao took silver and bronze.
A man accused of raping a six-year-old girl was arrested in Sitapur, Uttar Pradesh, following an exchange of fire with police. The accused, Avdhram alias Bhole Shankar, sustained a gunshot injury and was apprehended. Police recovered a country-made pistol and cartridges, and a reward was announced for the arresting team.
Punjab Police's Counter Intelligence wing in Amritsar has dismantled a cross-border narcotics smuggling module, leading to the arrest of three individuals and the seizure of 17 kg of heroin. Investigations are ongoing to uncover the full network.
A global research report by HCLTech indicates that integration has surpassed supply chain constraints as the primary challenge for the semiconductor industry. The study, which surveyed 300 senior leaders, highlights increasing dependency on semiconductors across industries, with 98% of enterprises more reliant now than three years ago and 99% expecting further increases. AI is also driving the strategic importance of semiconductor architecture.
Delhi Police have arrested a woman with 12 previous criminal involvements and her alleged bodyguard in Narela, recovering heroin worth Rs 2 crore and over Rs 7.93 lakh in cash. The accused, Parvati and Vikaas Kumar, were apprehended following a raid, with Parvati known for her extensive history under the NDPS and Excise Acts and for allegedly using children in drug sales. An investigation is ongoing to uncover the full extent of their drug network.
Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.
