'I was the first to caution against the potential listing of Tata Sons.'
Indian benchmark indices Sensex and Nifty extended their rally in early trade, driven by strong buying in IT firms and an earnings-driven surge in Tata Group's retail arm, Trent, which reported a 25 per cent increase in net profit.
The Standing Committee on Information Technology will review 17 critical subjects, including social media regulation, AI safety, deepfakes, cybersecurity, and the semiconductor ecosystem, during 2026-27. This comprehensive review aims to address growing concerns around digital platforms, AI misuse, and infrastructure development, with India's cybersecurity agency already issuing warnings about AI-driven threats.
The judges questioned the government's position on arbitration, underscoring the contradiction between its resistance to enforcement and its efforts to promote India as an arbitration-friendly jurisdiction.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
Indian benchmark indices Sensex and Nifty closed lower, primarily due to declines in Reliance Industries and IT sector stocks, coupled with rising crude oil prices and investor caution ahead of the US Federal Reserve's policy decision.
Indian benchmark indices Sensex and Nifty experienced a significant drop in early trade, primarily due to a sell-off in IT stocks, a surge in crude oil prices, and investor caution ahead of the US Federal Reserve's policy decision.
A 57-year-old woman in Kozhikode allegedly lost Rs 1.35 crore to cyber fraudsters who posed as Mumbai Crime Branch officers. They threatened her with criminal cases and coerced her into transferring money for "verification" to the Reserve Bank of India, promising a return with interest. Police have registered a case and are investigating the incident.
Hyderabad cybercrime police have arrested two individuals involved in a 'digital arrest fraud' case where an elderly man was duped of Rs 29.17 lakh. The accused facilitated mule bank accounts and cryptocurrency transactions to conceal the money trail for an absconding third accused. The victim was threatened with arrest by fraudsters impersonating officials from Delhi Police, CBI, and ED.
Ashok Thombre, international business advisor at The Quantico, shortlists some of the most popular government competitive exams in India that attract thousands of aspirants every year.
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
The Delhi Police's Financial Monitoring Cell prevented potential losses of Rs 1.53 crore in "digital arrest" scams across five states. Their Proactive Victim Identification and Protection Team intervened to save multiple victims, including senior citizens, from transferring additional money to fraudsters who impersonated officials and threatened arrest for fabricated crimes.
'Once this entire AI and tech driven euphoria in the Western markets sees a correction there will be a re-evaluation of the Indian equity market and inflows will resume.'
Union Minister Ashwini Vaishnaw announced that the Indian government will release a draft consultation paper on Artificial Intelligence (AI) regulations within the next 30 days, focusing on safety, a human-first approach, skilling, inclusivity, and harm restriction.
Hyderabad Police Commissioner V C Sajjanar warned that replying 'NO' to unsolicited WhatsApp messages regarding unauthorised bank debits could allow fraudsters to steal your money without needing an OTP or a link.
A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.
A source said the "intention of finding a resolution" on thorny issues appeared to be missing at the meeting between the two Tata leaders held at Noel Tata's residence.
IT Minister Ashwini Vaishnaw announced that the Indian government will release a consultation paper on AI regulations within a month. This framework will address critical aspects like AI safety, deepfakes, and a human-first approach, emphasising the industry's primary responsibility in ensuring safe AI deployment. The move comes amidst growing global concerns over AI risks and the need for robust safeguards.
India's foreign exchange reserves experienced a substantial decline of USD 14.881 billion, reaching USD 765.901 billion for the week ending September 18, primarily due to a fall in foreign currency assets, as per recent RBI data.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
Prime Minister Narendra Modi launched the 'We Will Do It' slogan, aiming for India to become a developed nation by 2047 through visionary policies and hard work, while also addressing the challenge of societal division.
Indian benchmark stock indices, Sensex and Nifty, rallied significantly, with Sensex jumping over 1,500 points and Nifty reaching a nearly three-week high, driven by strong buying in banking, IT, and Reliance Industries stocks, alongside easing crude oil prices.
A report in the Reserve Bank of India's (RBI's) monthly bulletin suggests that satellite-based night-time lights data and Google search trends can significantly improve quarterly economic growth estimates for Gujarat, Maharashtra, and Karnataka, reducing errors by up to 62 per cent.
Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.
'What is the need for collecting so much data unless they are going to be used for some other purpose?'
Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.
India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.
Investors should study the technology behind digital assets, including blockchain networks, wallets and transaction verification, rather than rely solely on recommendations. Understanding the technology could help them assess the risks.
The Women's Premier League (WPL) mini-auction in Kochi on Wednesday will see 146 players, including capped Indian and international cricketers, go under the hammer. Teams like UP Warriorz, Gujarat Giants, Royal Challengers Bengaluru, Delhi Capitals, and Mumbai Indians will bid for 27 available spots, with a focus on Indian talent and strategic backups for the WPL 2027 season.
The Ministries of Skill Development & Entrepreneurship and Corporate Affairs spent only 8 per cent of their FY27 Budget Estimates in the first half of the financial year, making them among the top underspenders, according to data from the Controller General of Accounts.
Modi's cautious response, omitting the public invite from his telephonic conversation summary, suggests India's reluctance to be drawn into Israel's internal politics, points out M R Narayan Swamy.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
Finance Minister Nirmala Sitharaman stated that the Reserve Bank of India (RBI) will persist in its efforts to prevent excessive volatility in the rupee, which has significantly depreciated against the US dollar due to global uncertainties, despite India's strong macro-economic fundamentals.
West Bengal and Assam have initiated high alert measures, including the evacuation of 12,000 people, following a glacial lake outburst flood (GLOF) in Bhutan's Gasa region. The incident caused a significant rise in the Sankosh River's water level, prompting authorities to deploy disaster response teams and monitor vulnerable areas.
The Enforcement Directorate has made its sixth arrest, Mukesh Kumar Pukhraj Jain, in a pan-India cyber fraud and digital arrest case involving transactions worth Rs 30,000 crore. Jain is accused of acting as an RTGS agent for the criminal network. The probe, initiated by a Goa Police FIR, uncovered a vast money laundering operation across 20 states, with funds converted into foreign currency and linked to numerous shell companies.
Leading mutual fund executives advise investors to prioritise valuations, long-term earnings potential, and asset allocation over chasing recent market winners, as global uncertainty reshapes investment opportunities. They caution against decisions based solely on recent returns and advocate for portfolios built on fundamentals.
Indian stock markets are set to be influenced this week by a confluence of factors including quarterly corporate earnings, the US Federal Reserve's interest rate decision, fluctuations in crude oil prices, and ongoing geopolitical developments in West Asia.
A special CBI court in Mumbai denied bail to Sandeep Mistry, an associate of fugitive businessman Nirav Modi, in the multi-million-dollar Punjab National Bank (PNB) scam. The court cited Mistry's history of destroying evidence and his absconding for seven years as reasons for the denial, expressing concerns about securing his presence during the trial if released.
NetApp CEO George Kurian announced that India is the company's fastest-growing market in Asia, driven by strong performance in BFSI, manufacturing, IT services, and public sectors. The company's Bengaluru global capability centre is its largest, housing 4,000 engineers and leading global R&D. NetApp also unveiled new AI-focused storage solutions and cloud partnerships at its Insight event.
The Central Board of Indirect Taxes and Customs (CBIC) has issued new guidelines for GST officers, mandating year-wise demand breakdowns in multi-year notices, clarifying registration procedures, and streamlining export rules to reduce litigation and improve taxpayer clarity.
