The Delhi High Court has temporarily halted a directive from the Food Safety and Standards Authority of India (FSSAI) that prohibited Dabur India from marketing certain food products with "100 per cent" claims. The court cited a lack of hearing for Dabur before the FSSAI order was issued, granting prima facie relief to the company.
The Reserve Bank of India's concessional swap facility, designed to boost foreign currency inflows, has successfully attracted USD 40.82 billion by July 31, 2026, with a significant portion coming from Foreign Currency Non-Resident (Bank) deposits.
A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.
A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.
Former PepsiCo CEO Indra Nooyi asserts that India and the United States are natural partners, crucial in the geopolitical competition with China. She highlights India's pivotal role as the world's largest democracy with a young, English-speaking population, despite its "chaotic" nature. Nooyi also discusses the need for leaders to understand each other's perspectives to maintain strong bilateral ties.
The Competition Commission of India (CCI) has imposed a total penalty of approximately Rs 142.37 crore on HP India Sales Private Limited and several of its resellers for engaging in cartelisation and bid rigging on the Government e-Marketplace (GeM).
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
In a highly sensitive and time-bound mission, a live donor heart was successfully transported aboard a Vande Bharat train from Surat to Ahmedabad on Friday for transplantation at a prominent cardiac teaching hospital in Gujarat's commercial capital.
Bajrang Setu, India's first glass-floor cable suspension bridge, a new landmark in Rishikesh, Uttarakhand. It is a modern replacement for the iconic Lakshman Jhula, which was shut down due to safety concerns.
The Environment Ministry has designated the Natural History Museum (NHM) in Mizoram as India's 21st designated repository, significantly enhancing the country's biodiversity conservation and scientific infrastructure, particularly within the Indo-Burma Biodiversity Hotspot.
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.
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.
Manish Malhotra made his much-awaited debut at Paris Haute Couture Week with his Autumn/Winter 2026 collection, Maa, presented at the historic Pavillon Cambon. The deeply personal collection was inspired by his late mother, Sudarshan Malhotra, and celebrated the bond between a mother and her child through the language of couture.
The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.
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.
Heightened security deployment will remain in force across New Delhi and Central Delhi districts to maintain law and order as the Cockroach Janata Party (CJP) warned of fresh protests if FIRs registered against demonstrators are not withdrawn.
With the southwest monsoon stalled over southern Maharashtra, India is facing a nationwide rainfall deficit of 41 percent between June 4 and June 18, according to the latest India meteorological department (IMD) data.
Students in Jharkhand are protesting alleged irregularities in various recruitment examinations, including JPSC and JSSC. A student leader has launched an indefinite hunger strike, demanding a federal probe and cancellation of the 14th JPSC Civil Services Preliminary Examination. The Cockroach Janta Party has extended support, and a march to the Assembly is planned for August 7.
Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
Cockroach Janta Party founder Abhijeet Dipke has publicly challenged Prime Minister Narendra Modi to disclose his educational degree. Dipke stated he is ready to make his US scholarship and loan documents public if PM Modi reveals his degree, amidst ongoing demands for verification of the Prime Minister's academic qualifications. Dipke also criticised the current political climate, citing concerns about party defections and the use of central agencies.
The Centre for Studies of International Relations (CSIR) has established the International Centre for Civilizational Studies "Manas and Mahabharata" in Bishkek, Kyrgyzstan, in collaboration with the Manas National Academy. The inauguration also saw the release of the first Hindi translation of the Kyrgyz epic "Manas," aiming to foster scientific, educational, and cultural cooperation between India and Kyrgyzstan.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
Gujarat Deputy Chief Minister Harsh Sanghavi has outlined Ahmedabad's vision for the 2030 Commonwealth Games, emphasising unparalleled accessibility for para athletes and a strong commitment to sustainability through green energy and electric transport.
Several popular rum and whisky brands, including variants of Old Monk Rum and McDowell's No 1, have been prohibited from sale after laboratory tests found their samples did not conform to prescribed standards, primarily due to the addition of artificial flavouring substances.
India's foreign exchange reserves increased by USD 7.26 billion to USD 674.193 billion for the week ending July 3, as reported by the Reserve Bank of India. This surge follows a previous week's drop and comes after Prime Minister Narendra Modi's appeals to conserve forex.
The Allahabad High Court has barred four advocates from entering any court premises in Lucknow and ordered a confidential inquiry by the Intelligence Bureau (IB) into their background and activities following an alleged assault on a litigant and Delhi lawyers.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
After four consecutive months of withdrawals, Foreign Portfolio Investors (FPIs) injected Rs 20,200 crore into Indian equities in July, driven by attractive valuations, improving corporate earnings, and a more favourable global environment.
The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.
At what age should society stop regulating life choices and allow people to make their own?
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
Indian athlete Praveen Chithravel secured a silver medal in the men's triple jump at the 2026 Glasgow Commonwealth Games, bringing immense pride to his agricultural daily wage worker father and their village in Tamil Nadu.
RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.
Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
