Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
Pakistan is set to bestow its highest civilian honour, Nishan-e-Imtiaz, upon two Mumbai-based Parsi doctors. The award recognises their crucial role in maintaining the secrecy surrounding Muhammad Ali Jinnah's terminal illness, a secret that a federal minister suggests was pivotal in the creation of Pakistan.
Indian all-rounder Mahipal Lomror has signed with Surrey for the remainder of the County Championship season. He becomes the second player from Rajasthan to join the English side this season, filling a gap left by injuries and international call-ups.
A constable in Uttarakhand's Pithoragarh district, Sher Singh, has been dismissed from service for participating in a political demonstration in New Delhi and violating service rules. A departmental inquiry found him guilty of gross misconduct. Singh had previously gone viral for alleging corruption in state recruitment exams and was already suspended for unauthorised absence, besides being named in a land-grabbing FIR.
A viral video showing a woman tourist complaining to security personnel at a Ladakh checkpoint has ignited widespread criticism from military veterans. The woman's tirade, allegedly over vehicular movement restrictions, has been condemned as disrespectful to soldiers and ignorant of the region's security sensitivities.
Former Pakistan fast bowler Sohail Khan has criticised the current generation of pacers for their lack of skill development, attributing it to Pakistan's decline in Test cricket. He emphasised the importance of artful bowling over mere speed and highlighted how T20 cricket and internal politics are hindering player development.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.
Meghalaya is experiencing escalating tensions marked by arson and petrol bomb attacks on government properties, following violence during a Khasi Students' Union rally. The incidents are linked to an inter-state taxi standoff with Assam, leading to deployment of central forces and calls for peace from chief ministers.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'
Tata Sons Chairman N Chandrasekaran has announced he will not seek reappointment when his current term concludes on February 20, 2027. This decision follows a lack of unanimous board support for his extension, despite recommendations from the majority shareholders, the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Chandrasekaran cited the need for leadership clarity amidst strategic projects and has requested the board to initiate a succession plan.
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
India's Treesa Jolly and Gayatri Gopichand staged a remarkable comeback victory in the women's doubles quarter-finals at the BWF World Championships 2026, defeating China's Jia Yifan and Zhang Shuxian to secure a semi-final spot and guarantee India a medal.
Congress leader Rahul Gandhi urged girl students to "smash patriarchy" and criticised the "Manusmriti mindset" during an interaction in Pune, highlighting issues of sexual harassment, safety, and economic independence for women.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.
Ladakh has approved a four per cent reservation for outstanding sportspersons in Group 'C' government jobs, becoming the first Union Territory in India to implement such a fixed quota. This initiative aims to provide financial security and career opportunities for talented athletes, fostering an ecosystem where sporting excellence is recognised and rewarded.
Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.
Repeated increases in new luxury-car prices, driven partly by the rupee's depreciation against the euro, are expanding the market for certified pre-owned vehicles.
A devastating fire at a Kolkata hotel claimed nine lives, including a child and two women, in the early hours of Wednesday. Survivors recounted a terrifying experience, highlighting the absence of fire alarms and safety equipment, and the difficulty of escape due to dense smoke and a single exit. This incident follows another fatal hotel fire in Birbhum.
N Chandrasekaran, the current Chairman of Tata Sons, has announced he will not seek reappointment when his term concludes on February 20, 2027, following a lack of unanimous board support for his extension.
Jharkhand Loktantrik Krantikari Morcha (JLKM) leader Devendra Nath Mahto was allegedly prevented by police from joining a Tiranga Yatra while on his 14th day of an indefinite hunger strike against alleged irregularities in state recruitment examinations. Meanwhile, Chief Minister Hemant Soren assured the public that his government is committed to ensuring transparency in examinations conducted by the JPSC and JSSC.
Maharashtra Transport Minister Pratap Sarnaik announced that autorickshaw and taxi drivers will be given an opportunity to learn Marathi before any action is taken against them for non-compliance with the language requirement. This move softens the state's earlier stance, which had evoked mixed reactions and concerns about livelihoods.
A devastating fire in a five-storey building housing multiple hotels in central Kolkata resulted in the deaths of at least nine people, including a child, and injured six others. Firefighters rescued 80 individuals, but dense smoke hampered operations. Authorities suspect a short circuit and allege significant safety and construction norm violations by the building management. The owner is currently absconding, and police have initiated legal proceedings and raids.
Savita Punia's journey from a shy youngster dependent on her mother to a confident veteran goalkeeper and mentor reflects hockey's profound impact on her life.
A student leader on a hunger strike in Ranchi, protesting alleged irregularities in Jharkhand recruitment exams, was hospitalised after his health deteriorated. The protest, now in its 14th day, demands cancellation of the 14th Jharkhand PSC Civil Services Examination and an independent probe.
Police have granted permission for Congress leader Rahul Gandhi's 'Chhatron Ki Goonj' event in Pune, but with 30 stringent conditions, including prohibitions on 'objectionable' banners and directives to avoid hurting religious sentiments.
The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.
Students and job aspirants in Jharkhand, protesting alleged irregularities in recruitment exams, have formed an 11-member delegation to engage in talks with the state government. This decision follows Chief Minister Hemant Soren's offer for dialogue to resolve the ongoing impasse, which includes demands for exam cancellation, an independent probe, and comprehensive reforms in the JPSC and JSSC.
Indian benchmark indices, Sensex and Nifty, experienced significant declines, with the Sensex falling 493 points and the Nifty dropping for the sixth consecutive day, primarily due to elevated crude oil prices reaching USD 91 per barrel and diminishing hopes for a diplomatic resolution in West Asia.
Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.
Clashes erupted between police and students in Jharkhand protesting alleged irregularities in recruitment exams, even as the high court provided interim relief by staying notifications cancelling appointments for Child Development Project Officers and those recruited through JSSC-CGL tests.
Indian benchmark indices, Sensex and Nifty, continued their downward trend for the fifth consecutive day, with the Sensex dropping 281 points and Nifty falling 78 points, primarily driven by surging crude oil prices and persistent geopolitical tensions in West Asia.
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.
Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
'The incumbent matters. It matters a lot. If a person sitting on top is good, then he can achieve a lot. And if he is bad, you see what can happen.'
