RNFI Services Ltd has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical (PA-P). This approval allows the company to expand its financial infrastructure into physical, offline, and in-store payments, complementing its existing regulated financial services portfolio.
India's services activity expanded in August, but the pace of growth cooled to the second-slowest since March 2022, despite stronger output and new business, according to the HSBC India Services PMI Business Activity Index.
India's Ministry of External Affairs announced that central and state forensic laboratories will provide DNA profiling services for first-degree relatives in India to help identify victims of the recent Nepal flash floods. This initiative supports Nepal's ongoing identification process, with specific guidelines for sample collection and submission of DNA profiles to Nepali authorities.
The Karnataka government is collaborating with ElevenLabs to explore pilot projects using voice AI across various sectors including skilling, investment promotion, healthcare, culture, and citizen services. This initiative aims to leverage advanced AI to enhance accessibility and efficiency of government services, with a strong focus on responsible AI use and safeguards against misinformation.
The Centre has announced the awarding of 1057 Gallantry and Service Medals to personnel from Police, Fire Service, Home Guard & Civil Defence, and Correctional Services on Independence Day, recognising their exceptional bravery and distinguished service.
South Korea's national football association has issued a deep apology following a media report alleging it provided 'sexual services' to foreign referees during international matches over a decade ago, specifically in 2011 and 2012.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
The Maharashtra government has abolished the mandatory one-year service bond for MBBS students, citing an "inverse ratio" of available positions to graduating candidates. This decision benefits graduates from various medical colleges, exempting most from the bond, though those who have already joined their postings must complete it. The move aims to ease postgraduate admission difficulties and address issues of competency and motivation in bond service, a decision welcomed by the Maharashtra Association for Resident Doctors (MARD).
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu congratulated the State Cooperative Bank on successfully migrating its core banking system to the 'Finacle 10.2.25' platform. This upgrade aims to provide faster, more transparent, and secure financial services, enhancing customer experience and operational efficiency across its 262 branches.
The Delhi government has approved a new bill, the Delhi (Right of Citizen to Time Bound and Ease of Delivery of Services) Bill, 2026, which aims to make time-bound delivery of government services a legal right for citizens. This reform seeks to enhance transparency, accountability, and efficiency through a technology-driven framework, including digital service delivery, automatic escalation for delays, and a grievance redressal mechanism.
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.
Divya Mittal, a 2013-batch IAS officer and former Deoria district magistrate, has resigned from the Indian Administrative Service after 13 years. An alumna of IIT Delhi and IIM Bangalore, Mittal cited no specific reason but reflected on her journey from working in London to serving India, highlighting her impactful tenures in Mirzapur and Deoria.
Heavy rainfall of 600 mm in 24 hours triggered multiple landslides in the Karjat-Lonavala Ghat section on the Mumbai-Pune line, severely disrupting rail traffic and leading to cancellations, diversions, and short-terminations of numerous trains.
Hexaware Technologies has announced Vivek Jetley as its CEO-Designate, succeeding Srikrishna Ramakarthikeyan. Jetley will take over on October 28, 2026, with a mandate to accelerate growth and scale the company's AI-led services globally, leveraging his extensive experience in AI and enterprise transformation.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty clinched the China Masters Super 750 title, overcoming a strong Chinese pair in a thrilling comeback. This victory, their second of the 2026 season, provides a significant confidence boost ahead of the Asian Games, where they plan to play "all guns blazing." The duo attributed their success to a "mindfully aggressive" strategy and improved service.
Satwiksairaj Rankireddy and Chirag Shetty beat He Ji Ting and Ren Xiang Yu to win the China Masters Super 750, gaining a major boost ahead of the Asian Games gold defence.
Roles that mention AI in software development have grown 138 per cent between Q2 2024 and Q2 2026.
The Supreme Court will consider the Centre's plea for clarification on the applicability of its March 11 judgement regarding OBC creamy-layer criteria for the Civil Services Examination (CSE) 2025. The government highlights practical difficulties and potential unequal treatment of candidates if the ruling is applied retrospectively, as the CSE 2025 selection process concluded before the verdict. The Department of Personnel and Training (DoPT) seeks to proceed with service allocation based on the pre-March 11 criteria to avoid disruption to training schedules and ensure fairness for candidates.
The Defence Acquisition Council, led by Defence Minister Rajnath Singh, has approved the procurement of military hardware worth an estimated Rs 1.10 lakh crore for the Indian Army, Navy, and Air Force. This significant move aims to enhance India's combat prowess and reduce dependency on foreign vendors, with approximately 98 per cent of procurements sourced from Indian industry.
Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty won the China Masters title, defeating China's He Ji Ting and Ren Xiang Yu in a hard-fought final. This marks their second title of the season, adding to their Singapore Open Super 750 victory.
Fintech giant PhonePe has launched 'PhonePe UPI 123Pay', a new service enabling UPI transactions for feature phone users without requiring an internet connection. This initiative aims to bring digital payment capabilities to over 200 million feature phone users, promoting financial inclusion across India.
Star Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty clinched the China Masters Super 750 title after a thrilling three-game comeback victory against China's He Ji Ting and Ren Xiang Yu. This marks their second title of the season and provides a significant boost ahead of the Asian Games.
Navi Mumbai International Airport (NMIA) has officially commenced its international flight operations with an Air India Express service to Abu Dhabi, marking a significant boost in connectivity for the Mumbai Metropolitan Region and establishing a new global gateway.
Dramatic CCTV footage has emerged showing the moment a five-storey building in Delhi's Satya Niketan collapsed, killing seven people and injuring 11, as rescue operations continue.
Star Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty secured the China Masters Super 750 title after a thrilling three-game comeback victory against China's He Ji Ting and Ren Xiang Yu. This marks their second title of the season and provides a significant confidence boost ahead of the upcoming Asian Games.
The Municipal Corporation of Delhi has suspended a Deputy Commissioner and four engineers from the South Zone following the collapse of a five-storey building in Satya Niketan, which resulted in seven deaths. The suspensions were issued by the MCD Vigilance Department under disciplinary proceedings.
Linda Noskova eased to a straight sets win over Thailand's Lanlana Tararudee on Wednesday to reach the US Open third round.
Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
Infosys has confirmed that Lax Gopisetty, chief of its subsidiary Infosys Public Services, is unreachable following devastating floods in Nepal. Gopisetty was visiting the region personally, and Infosys is working with agencies and his family to ensure his safety. The Ministry of External Affairs also reported hundreds of Indians missing or stranded due to the floods, with India offering assistance to Nepal.
India's Engineering Research and Development (ER&D) sector is projected to exceed USD 100 billion in revenue by 2030, driven significantly by the integration of Artificial Intelligence (AI) into engineering workflows. This growth, highlighted by Nasscom, positions India as a critical global engineering hub, necessitating focus on talent development and strategic partnerships.
India's gross Goods and Services Tax (GST) collections saw a significant 14.8 per cent year-on-year increase in August, reaching approximately Rs 2 lakh crore, with import revenue contributing substantially to this growth.
A five-storey building housing a boys' hostel in Satya Niketan, South Delhi, collapsed, resulting in three student deaths and several injuries. Union Health Minister J P Nadda and Home Minister Amit Shah have assured support and are monitoring the situation. Rescue operations are ongoing, with many feared trapped, and an investigation into the building's owner is underway.
In August, Hyundai recorded its highest ever domestic sales for the month with 54,396 units sold, marking a 23.6 per cent Y-o-Y increase. The Creta Electric currently anchors Hyundai's mass-market electric portfolio, while the Ioniq 5 caters to the premium end
'Companies are getting selective about what they pay a premium for.'
Train services in the Gaya-Patna section of Bihar were disrupted for nearly three hours after thieves allegedly cut and stole an overhead electrical wire between Tehta and Jehanabad railway stations. The Railway Protection Force has since recovered the stolen material, and an investigation is underway to apprehend the culprits responsible for the 25,000-volt OHE wire theft.
Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.
Suburban train services on Mumbai's Harbour line were briefly disrupted at Kharghar station after a bird got stuck in a train's pantograph, causing overhead equipment to trip. The incident led to minor delays and panic among commuters before services resumed quickly.
With the death toll crossing 900 and nearly 4,000 people still missing, the trauma of loss, displacement and uncertainty is settling in among thousands of survivors, prompting the government to step up its mental health response.
A five-storey boys' paying guest (PG) accommodation in Satya Niketan, South Delhi, collapsed, resulting in one fatality and trapping several individuals. Rescue operations are ongoing in the congested area, with locals citing ongoing basement construction and the building's age as potential factors.
Indian benchmark equity indices extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.
