The Supreme Court has scheduled a hearing for June 29 on a public interest litigation (PIL) seeking the registration of an FIR and a time-bound probe into the alleged embezzlement of donations received by the Shri Ram Janmbhoomi Teerth Kshetra Trust in Ayodhya.
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.
Indian liquor brands are increasingly focusing on Hindi heartland states like Uttar Pradesh, Rajasthan, and Haryana as the next major growth engine for premiumisation, driven by expanding luxury portfolios, craft spirit launches, and upgraded retail experiences, as state governments embrace reforms.
BJP veteran Murli Manohar Joshi advocates for greater promotion of Sanskrit, suggesting its importance in modern scientific pursuits and India's aspiration to regain its status as a 'vishwaguru' (global teacher).
India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.
Sports Minister Mansukh Mandaviya is advocating for a Formula 1 race in India by 2027, with potential interest from multiple companies to operate the Buddh International Circuit.
Indian women's team opener Shafali Verma credited vice-captain and opening partner Smriti Mandhana for helping her stay calm at the crease in the ongoing T20 World Cup.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
An 85-year-old retired MCD official, declared brain-dead after a severe stroke, became an organ donor, saving multiple lives. His family's compassionate decision highlights the critical need for increased organ donation awareness in India, where deceased donor rates remain low despite high demand for transplants.
Gurnoor Brar has impressed with his pace and control in his debut ODI series against Afghanistan.
India vice-captain Smriti Mandhana has candidly discussed the challenges of managing menstruation while playing professional cricket, highlighting an often-unspoken issue in women's sports. She shared a personal experience during a Test match and emphasised the need for cricket's rules and administration to evolve to better support female athletes.
The second season of the Archery Premier League (APL) will be held in Hyderabad from October 8-18, featuring 48 Indian and international archers across six franchises. The tournament aims to bolster India's Olympic medal prospects in archery.
Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.
The Pakistan Cricket Board and Bangladesh Cricket Board have agreed to support each other at Asian and international cricket forums while seeking greater balance in the Future Tours Programme (FTP) for the 2028-31 cycle.
India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).
Most members of the Reserve Bank of India's Monetary Policy Committee (MPC) expressed concerns about inflation becoming generalised and highlighted uncertainties surrounding both inflation and growth prospects due to the West Asia conflict, according to the recently released minutes.
Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.
Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.
India abstained from voting on a UN General Assembly resolution concerning climate change obligations, citing concerns that it undermines the United Nations Framework Convention on Climate Change (UNFCCC). India believes climate obligations should be negotiated through the UN climate framework, emphasising differentiated responsibilities.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.
The National Rifle Association of India (NRAI) is conducting selection trials in Dehradun from June 6-10 for rifle and pistol shooters. These trials are crucial for selecting the Indian squad for the upcoming ISSF World Cup in Hangzhou and the Asian Games 2026 in Aichi-Nagoya, with top shooters vying for limited spots.
Former Australian cricketer Michael Clarke met Haryana Chief Minister Nayab Singh Saini to discuss enhancing cricket development, nurturing youth talent, and fostering greater sporting engagement between India and Australia. Clarke expressed interest in establishing a cricket academy and facilitating player exchanges, while CM Saini affirmed Haryana's commitment to strengthening its sports ecosystem.
Noida International Airport has officially commenced flight operations with an IndiGo flight from Lucknow making the inaugural landing, followed by a takeoff to Lucknow, carrying 172 villagers whose land was acquired for the project.
The Trinamool Congress (TMC) has dismissed "baseless" rumours of a possible merger with the Congress, despite recent meetings between TMC supremo Mamata Banerjee and Congress leaders Sonia Gandhi and Rahul Gandhi, which occurred amidst significant internal rebellion within the TMC following its recent electoral defeat in West Bengal.
The government's e-marketplace platform, GeM, is significantly enhancing public procurement through the integration of AI, advanced analytics, and digital monitoring systems. This strategic adoption has led to substantial savings for the exchequer and improved transparency, while also playing a crucial role in health sector procurement.
E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.
E-commerce major Flipkart has announced significant appointments to its technology leadership team, bringing in experts in artificial intelligence, data science, fintech, and core engineering. These strategic hires, including Goda Ramkumar, Mohan Palisetti, and Nitesh Jain, are aimed at strengthening Flipkart's capabilities in these critical areas to better serve India's expanding digital consumer and seller base.
The Indian government has notified final rules under four labour codes, potentially enabling a four-day workweek in certain sectors by capping weekly working hours at 48 while allowing daily flexibility. This move also introduces significant changes to wage fixation, compliance obligations, and social security norms.
'While higher prices may create some financial burden for patients and caregivers in the short term, uninterrupted access to treatment remains the greater priority.'
The AI-enabled system detects nine types of errors in the kitchens that are primarily responsible for unhygienic food on trains.
Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.
Prime Minister Narendra Modi has surpassed Jawaharlal Nehru's record to become India's longest-serving democratically elected Prime Minister. He expressed gratitude to President Droupadi Murmu, NDA chief ministers, Vice President C P Radhakrishnan, and Lok Sabha Speaker Om Birla for their wishes, attributing his achievements to the collective efforts and aspirations of 140 crore Indians and reaffirming his commitment to a 'Viksit Bharat'.
'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.
Delhi Police have arrested three individuals, including a B.Tech student, for allegedly operating fake helicopter booking websites that defrauded pilgrims across India. The accused created fraudulent sites impersonating legitimate travel platforms, luring customers with online ads, and are linked to nearly 30 complaints totalling Rs 10 lakh in fraud.
India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.
India may still have two ODIs remaining against Afghanistan, but conversations about the future are never far away when it comes to Rohit Sharma and Virat Kohli.
The Uttar Pradesh government has formed a three-member Special Investigation Team (SIT) to probe allegations of financial mismanagement and missing donations related to the Shri Ram Janmabhoomi Teerth Kshetra Trust in Ayodhya. The move follows a request from the Trust itself, amidst escalating political demands for transparency from various parties including the Samajwadi Party and Congress.
India has launched an open Health AI benchmarking platform to evaluate artificial intelligence models on diverse Indian datasets before deployment at a population scale. The initiative aims to strengthen AI-driven claims management under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).
