RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
Indian golfers Shubhankar Sharma and Anirban Lahiri are set to lead the home challenge at the DP World India Championship, scheduled for October 15-18 at the Delhi Golf Club. The tournament will feature a star-studded international field including Major winner Rory McIlroy, Tommy Fleetwood, Ryan Fox, Shane Lowry, Justin Rose, Luke Donald, and Viktor Hovland. Both Sharma and Lahiri expressed excitement about competing on home soil, highlighting the event's significance for Indian golf.
Two-time Olympic medallist Neeraj Chopra is set to compete in the Lausanne Diamond League on August 21. He will face a formidable field of javelin throwers, including Commonwealth Games champion Rumesh Pathirage, Olympic champion Arshad Nadeem, and world champions. This marks Chopra's third competition since returning from injury, following his silver medal win at the recent Commonwealth Games.
Indian table tennis players showcased exceptional performance at the Commonwealth Table Tennis Championships, with all eight men's and women's singles paddlers advancing to the semifinals. The women's team achieved a clean sweep, guaranteeing an all-Indian final, while the men also secured all four semifinal spots after overcoming tough international and domestic competition.
The government has confirmed that Boeing's detailed examination of the Dreamliner aircraft's fuel control switch locking mechanism found no abnormality, following an Air India pilot's report of a possible issue. This investigation was prompted after an Air India flight from London to Bengaluru in February, and comes amidst an ongoing probe into a fatal Dreamliner crash last year where fuel supply to engines was cut off.
India's U-21 men's hockey team will host Malaysia for an eight-match exposure series in Bengaluru from August 7-13, serving as crucial preparation for the upcoming Junior Asia Cup and strengthening bilateral sporting ties.
Mizoram Chief Minister Lalduhoma has called for the state to become a hub for Indian futsal, producing players capable of leading the national team to the FIFA Futsal World Cup. Speaking at a felicitation for Tlangnuam Futsal Club, he emphasised nurturing talent for international success and highlighted government investment in sports infrastructure.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
The government on Tuesday summoned a top Meta executive after Prime Minister Narendra Modi's recent post addressing India's youth and promising stringent measures against paper leaks was briefly restricted by Facebook, and although the US-headquartered social media giant blamed it on a technical glitch and apologised, the IT Ministry found the explanation "inadequate".
A new study reveals that solar winds gradually strip atmospheric particles from Mars, similar to how wind creates waves on water. Researchers used data from NASA's MAVEN and China's Tianwen-1 missions to identify Kelvin-Helmholtz waves as a key mechanism driving this atmospheric escape, explaining how Mars transformed from a potentially habitable planet to its current cold, dry state.
The Delhi High Court has issued an interim order protecting India cricketer Abhishek Sharma's personality rights, restraining third parties from misusing his name, image, and AI-generated content for commercial or personal gain. The court directed online platforms to remove infringing material, citing the spread of false and obscene content that damages his reputation and commercial value.
RRP Electronics and Orvis Semi Pvt Ltd have formed a strategic partnership to develop and manufacture low-light imaging sensors for defence, surveillance, and security in India. This collaboration aims to reduce reliance on imports and bolster India's semiconductor and defence electronics ecosystem under government initiatives like Make in India.
Judoka Asmita Dey from Tripura has won a gold medal in the women's 48 kg category at the Commonwealth Games in Glasgow, marking a historic first for an Indian woman judoka. Chief Minister Manik Saha and Sports Minister Tinku Roy congratulated Dey, highlighting her achievement as an inspiration for the nation.
Karnataka Chief Minister D K Shivakumar congratulated para-athlete Shilpa K Shyla for winning a bronze medal in Shot Put at the Commonwealth Games in Glasgow, highlighting her achievement as a source of pride and inspiration for the state and nation.
The Korean national hockey team has arrived in Pakistan for a historic four-match series, marking their first visit in 20 years. This series is crucial for Pakistan's preparation for the upcoming World Cup, especially after their poor performance in the recent FIH Pro League.
Congress MP Shashi Tharoor has approached the Delhi High Court seeking a ban on AI-generated deepfake videos that purportedly show him praising Pakistan. The court has issued summons to social media platforms and the Centre, indicating it may pass an interim order in Tharoor's favour.
The government is questioning the visiting Meta team on whether the company is adhering to the law of the land, following summons to the social media giant over temporary restriction of Prime Minister Narendra Modi's Facebook post recently, sources said on Thursday.
Indian youth creates fictional AI influencer, Emily Hart, who amasses millions of followers and earns him substantial income, exposing the deceptive potential of AI in the digital age.
A new study reveals that AI chatbots often provide inaccurate and incomplete medical information, raising concerns about their use in healthcare communication.
The Indian Navy football team secured their first victory in the Durand Cup, defeating NEROCA FC 2-0 in a Group D fixture. Goals from Roshan Panna and E Muhammed Inayath sealed the win, moving the Navy to second place in their group.
Chhattisgarh Chief Minister Vishnu Deo Sai has announced a Rs 30 lakh cash reward and an out-of-turn promotion to Deputy Superintendent of Police for weightlifter Gyaneshwari Yadav. This recognition follows her silver medal win in the women's 53 kg category at the Commonwealth Games 2026. The Chief Minister lauded her perseverance and dedication, highlighting her achievement as an inspiration for youth and a testament to the state's sporting talent.
The Badminton World Federation (BWF) has expressed satisfaction with the extensive renovation and cleaning work at the Indira Gandhi Indoor Stadium in New Delhi, addressing previous criticisms regarding hygiene and facilities. Significant improvements have been made, including toilet renovations, deep cleaning, seat replacements, and pest control measures, ensuring the venue is ready for the upcoming World Championships.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
Defending champions India have been drawn into Group B of the SAFF Championship 2026 alongside Maldives and Pakistan. The tournament, hosted in Dhaka from November 4-17, will see India begin their quest for a record 10th title against Maldives on November 5, followed by a clash with Pakistan on November 11.
Learners in India prefer to pursue newer courses, such as Gen AI by building apps and code using the technology, along with learning about it.
Ladakh's Lieutenant Governor Vinai Kumar Saxena has significantly increased the prize money for the LG Horse Polo Cup to encourage greater participation in the sport across the union territory. This year's winners will receive Rs one lakh, with plans to further raise the prize to Rs two lakh next season. The recent UT-level championship saw 18 men's and four women's teams compete, with Ladakh Scouts Regimental Centre winning the men's title.
Young Indian cyclist Harshita Jakhar has made history by becoming the first Indian woman to participate in the Tour de France Femmes. The 19-year-old led a pack of international cyclists during a ceremonial start at Stage 2 of the prestigious race, an opportunity provided by the UCI World Cycling Talent programme. Jakhar, who aims for medals in future Asian Games, expressed her gratitude for the chance to ride in her dream event.
Union Ayush Minister Prataprao Jadhav has written to Sports Minister Mansukh Mandaviya, recommending Olympic medallist Mirabai Chanu for the Arjuna Award. Despite having received higher honours like the Khel Ratna and Padma Shri, Chanu's childhood dream of the Arjuna Award remains unfulfilled, and Jadhav believes it would be a fitting recognition of her contributions to Indian sport.
India's women's wheelchair 3x3 basketball team was eliminated from the Commonwealth Games after a narrow 6-7 loss to Nigeria. This defeat marked their third consecutive loss, placing them at the bottom of Pool B in their debut appearance at the Games.
India achieved a historic one-two finish in the men's 100m T47 para athletics final at the Commonwealth Games, with Dilip Mahadu Gavit winning gold and Mohammed Basil Morssinganakath securing silver. This marked India's third gold medal at the Games.
The Department of Personnel and Training (DoPT) in India is actively integrating artificial intelligence (AI) into government processes to enhance efficiency, transparency, and accuracy. Initiatives include AI-enabled solutions for salary processing, grievance handling, and training content development, with a focus on data security and ethical use.
Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.
Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.
The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.
The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.
Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.
Indian badminton players Unnati Hooda, Tanvi Sharma, Devika Sihag, and Kiran George have successfully advanced to the quarterfinals of the Taipei Open Super 300 tournament. While these rising stars secured impressive victories, seasoned players HS Prannoy and Anmol Kharb faced defeats, ending their campaign.
Indian golfers Ceerat Kang and Guntas Kaur Sandhu are performing strongly at the Malaysia Ladies Amateur Open, both securing spots within the top-10 after the second round. India's team is currently placed third, just four strokes behind the leaders, highlighting a promising performance from the young talents.
Indian weightlifter Raja Muthupandi secured a silver medal in the men's 65kg category at the Commonwealth Games, marking a successful debut and contributing to India's medal tally in weightlifting.
A humanoid robot performing at a university dance event in China startled the crowd when it unexpectedly hugged a female student, prompting a debate about AI safety and autonomous behaviour.
