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One 97 Communications Ltd, operating Paytm, reported a significant 10-fold increase in profit after tax to Rs 225 crore in Q2 FY27, marking its sixth consecutive profitable quarter. The company also saw a 28% rise in operating revenue to Rs 2,648 crore, driven by strong performance in merchant and consumer businesses, expanded monetisation, and AI adoption. Paytm's EBITDA margin reached double digits for the first time, reflecting enhanced operating profitability.
'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.'
'It is not the market that is a competitor to SIPs . It is your lifestyle.'
Indian stock markets are set to be influenced by a confluence of factors this week, including escalating geopolitical tensions, particularly concerns over US-Iran conflict, volatile crude oil prices, and the ongoing quarterly earnings season. Additionally, the US midterm elections, foreign investor activity, and key macroeconomic data releases will also be closely monitored by investors.
Police in Thiruvananthapuram have stated that the recent murder of 17-year-old Abhiram, whose body was found in a sack, was a pre-planned act. Investigations suggest a co-accused girl was aware of the main accused's intention to kill days before the incident. The victim was lured via Instagram, and digital evidence is being collected. Abhiram's father has raised doubts, claiming his son was killed for refusing to cooperate in luring another friend.
The WhatsApp service will enable subscribers to check their PF balance, latest five transactions and passbook information.
The National Payments Corporation of India (NPCI) has informed the Supreme Court that merchants are prohibited from passing on Merchant Discount Rate (MDR) charges to customers under the new UPI pricing framework. This clarification comes in response to a petition challenging the imposition of MDR on UPI person-to-merchant transactions exceeding Rs 2,000, with NPCI defending the revised framework as crucial for the sustainability of the UPI ecosystem.
Maharashtra, powered by Tanay Sanghvi's maiden fifty and a crucial last-wicket stand with Pradeep Dadhe, secured a 64-run first-innings lead against Bengal on day two of their Ranji Trophy Group C match. Despite being reduced to 64 for six, Maharashtra's lower order showed resilience to surpass Bengal's total of 143.
Cortex DC, a company of The Chatterjee Group (TCG), announced its entry into the data centre market with plans to develop 2 GW of AI-ready capacity across India over the next seven years. The initiative aims to meet the growing demand for high-performance computing, targeting hyperscalers, cloud service providers, and advanced AI workloads with a focus on speed, scale, and sustainable power.
Meghalaya has shown significant progress in digital transactions and financial inclusion, recording 32.76 crore digital transactions and nearly 10 lakh Jan Dhan accounts by 2025-26. Efforts like the JAM Trinity and financial literacy programmes have expanded banking access, with a high percentage of bank account holders adopting digital modes. The next phase focuses on enhancing financial literacy and cyber resilience, especially in rural areas.
As many as 15,000-20,000 frontline retail jobs have reportedly been rationalised, with further cuts feared.
IndiGo, India's largest airline, reported a narrowed loss of Rs 1,879.1 crore in the September quarter, down from Rs 2,582.1 crore a year ago, primarily due to exceptionally high fuel costs and rupee depreciation.
Nandan Nilekani, co-founder of Infosys, has urged for the expanded adoption of the Account Aggregator (AA) framework to facilitate formal credit access for self-employed individuals and gig workers. He highlighted its potential to enable cash-flow-based lending by leveraging diverse data streams, moving beyond traditional asset-based lending, and fostering a more inclusive digital financial infrastructure in India.
Gurugram police have arrested a 25-year-old lawyer's clerk and a 15-year-old accomplice for allegedly attempting to extort money from a liquor shop owner using a virtual foreign phone number. The duo was apprehended on Thursday after the shop owner reported receiving threatening calls.
The Indian Super League (ISL) has partnered with YouTube to stream all 163 matches live and free for the 2026-27 season, aiming to expand its digital reach and remove subscription barriers.
Isha Ambani, a director on the board of Jio Platforms, revealed that a failed attempt to upload a college assignment in 2009-10 due to poor internet connectivity in Mumbai sparked the idea and subsequent conversations that led to the creation of Jio.
Democrats are projected to gain control of both the US House of Representatives and the Senate in the 2026 midterm elections, marking a significant shift in the balance of power and delivering major victories in traditionally Republican states like Texas, Kansas, and Iowa.
'What is the need for collecting so much data unless they are going to be used for some other purpose?'
Jio Platforms' initial public offering has shattered global records by receiving over one crore applications, underscoring immense investor confidence in the company's ambitious plans for technology, AI, and cloud services, with the IPO subscribed almost seven times overall.
We delivered a great slate led by Lock Upp, our first daily reality series, which drove the most viewing of any title on Netflix in India ever.
Ladakh can be as tiring as it is fascinating -- it's not just the high altitude that takes the breath away, but the beauty in every turn of the road.
Delhi Police have arrested three men Shoaib, Mohd Ovesh, and Mohd Adil for allegedly facilitating a cyber fraud. The arrests followed a complaint from a victim who lost Rs 88,784 after being lured into a fake investment scheme. The accused provided bank accounts for receiving fraudulent payments, and investigations are ongoing to trace the full amount and identify other beneficiaries.
Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.
'For most car buyers, the interest rate is the first, and often the only, number they compare.'
A man named Fayaz Ahmad has been arrested in Maharajganj, Uttar Pradesh, for allegedly creating and sharing a digitally edited video on social media that depicted a fake explosion at a Sashastra Seema Bal (SSB) camp along the India-Nepal border. The video, which targeted a sensitive security installation, led to an investigation and his subsequent arrest for breach of peace.
It is too early to judge whether the CJP will become a consequential political movement or remain a moment of protest. Its significance will depend less on the size of crowds or the reach of online campaigns than on what follows when the initial excitement subsides, notes Manoj Mohanka.
Delhi Police have arrested two men for allegedly operating a fake Russian Embassy recruitment website, duping Indian job seekers. The scam involved creating fraudulent profiles and collecting fees for fictitious jobs. The investigation, initiated after a complaint from the Russian Embassy, has identified around 50 suspicious transactions and at least 17 victims.
A new digital political phenomenon, the 'E20 Janta Party', is gaining traction on Instagram, mobilising Gen Z against the government's mandatory 20% ethanol-blended petrol (E20) and demanding Union Minister Nitin Gadkari's resignation.
Delhi Police have arrested two men in Mathura for allegedly operating a cyber fraud scheme that used fake health camps to collect Aadhaar and biometric details from villagers. These details were then used to activate over 3,000 e-SIM cards, linked to frauds worth Rs 2.64 crore. The accused sold activated e-SIMs for profit, with payments made via cryptocurrency.
Union Minister Nitin Gadkari announced that the National Highways Authority of India (NHAI) will utilise sand and silt excavated from Bihar's rivers and water bodies for building the state's national highway network. This initiative, formalised through an MoU between NHAI and the Bihar government, aims to address annual flood losses, improve water flow, reduce construction costs, and conserve agricultural land by repurposing silt as a primary construction material.
A 23-year-old UPSC aspirant was arrested in Uttar Pradesh for making a hoax call to his former roommate in Delhi, falsely claiming a Pakistan-based terror organisation was planning blasts. The accused, Suraj Verma, used a landline and modulated his voice to make the prank appear serious. Police cracked the case within 48 hours through technical surveillance and coordination with the Uttar Pradesh Police.
IIT Madras is hosting the 3rd Digital India RISC-V (DIR-V) Symposium 2026 in partnership with the Ministry of Electronics and Information Technology and RISC-V International. The symposium aims to unite stakeholders from government, industry, and academia to advance India's semiconductor innovation, focusing on indigenous processor technologies, secure computing, hardware innovation, and AI, aligning with the government's vision for India as a global semiconductor hub.
A 49-year-old teacher, Sandeep Vilasbuwa Joshi, who went missing from Beed, Maharashtra, was found dead in a well near a temple on Saturday. He had left a digital suicide note on Friday, prompting a search by his family. Police have registered a case of accidental death, and the motive remains unclear.
A Delhi-based man, Ritesh Pandey, has been arrested in connection with an alleged sting operation targeting former Karnataka Chief Minister Siddaramaiah. Police are investigating his links to a mobile phone used to upload the controversial videos and are examining the digital trail. Siddaramaiah has called the operation "totally concocted", while his son alleged involvement of Congress members. Karnataka Home Minister Priyank Kharge has assured a transparent and thorough investigation, promising to expose those behind it.
Luiz Incio Lula da Silva has clinched a historic fourth term as Brazil's president, navigating a contentious election against Flavio Bolsonaro who refuses to concede.
The Qualified Institutional Buyers (QIBs) portion of the Jio Platforms IPO was fully subscribed at over 2x demand within minutes of its issue opening on Wednesday, indicating strong institutional interest in India's largest public issue.
Bandhan Bank has launched a new digital Provident Fund (PF) payment service, integrated with EPFO, allowing business customers to make statutory PF payments via the bank's internet banking platform. This service aims to streamline payments, optimise cash flows, and ensure timely compliance for businesses.
Canadian billionaire Prem Watsa's Fairfax Financial Holdings will utilise the expertise of Deepak Parekh and Paresh Sukthankar, former HDFC leaders, as it moves to acquire a 60.72 per cent stake in IDBI Bank for 52,878 crore, with N S Kannan proposed as chairman.
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.
