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.
A court in Kerala dismissed a petition filed by the accused in the Mattannur Shuhaib murder case, seeking to transfer the trial to another court. The Thalassery Additional Sessions Court also rejected a separate plea to stay the trial proceedings in the high-profile 2018 murder case of Youth Congress leader S P Shuhaib.
A special CBI court in Mumbai acquitted former Maharashtra home minister Padamsinh Patil and seven others in the 2006 murder case of Congress leader Pawanraje Nimbalkar and his driver, citing the prosecution's failure to prove the conspiracy and finding the approver's testimony doubtful. The CBI has announced its intention to appeal the verdict in the Bombay High Court.
The Trinamool Congress has moved the Calcutta High Court to challenge the West Bengal Assembly Speaker's decision to recognise Ritabrata Banerjee as the Leader of Opposition, citing that 58 of its 80 MLAs supported him over the party's official nominee. The court has scheduled an urgent hearing for June 11, ahead of the 18th Assembly session starting June 18.
Indian benchmark indices Sensex and Nifty experienced a significant downturn in early trade, ending a five-day rally, primarily due to heavy selling in IT firms following a revenue growth guidance cut by global consulting giant Accenture.
Star all-rounder Hardik Pandya has been ruled out of India's upcoming series against England due to a leg strain. This injury follows previous back spasms that affected his IPL performance. Meanwhile, Virat Kohli is also sidelined with a hamstring injury and is awaiting a fitness test. The BCCI has announced the T20I squad, with the ODI squad announcement pending.
The Congress party has accused the government of scheduling a 'special session' to pass bills related to women's quota and delimitation with the intention of gaining political advantage in the upcoming West Bengal and Tamil Nadu elections, calling it a violation of the model code of conduct.
The Trinamool Congress (TMC) is grappling with a severe internal crisis, evident as rival factions occupied separate sections of the opposition benches during the West Bengal assembly's budget session. This public display of disunity follows the party's defeat in the 2026 assembly elections and ongoing legal challenges over leadership.
Neymar missed Brazil's first two games of the FIFA 2026 World Cup and his likely to play against Scotland on Thursday.
Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.
The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.
Four police personnel in Agra have been booked following a court order after a woman alleged she was assaulted while in police custody. A medical examination reportedly found injury marks, leading to the registration of an FIR and the initiation of a departmental inquiry.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
England captain Ben Stokes criticised the Lord's pitch after the first Test against New Zealand, saying bowler-friendly surfaces and four-day finishes are not ideal for Test cricket's long-term future.
The National Rifle Association of India (NRAI) is conducting an ISSF 'B' judges course for rifle and pistol disciplines in Surajkund, bringing together 31 technical officials. The programme, led by international and Indian experts, aims to enhance officiating knowledge and skills according to the latest ISSF rules, contributing significantly to the development of shooting sport in India.
Brazil forward Neymar will not travel with the squad for their second World Cup group game against Haiti in Philadelphia on Friday as he continues to recover from a calf injury, the Brazilian football association said.
The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.
West Bengal Chief Minister Suvendu Adhikari has alleged that the building plan for the collapsed Kolkata warehouse, which killed 10 people, was approved despite a faulty design and bears the signature of former mayor and TMC leader Firhad Hakim. Adhikari announced Rs 10 lakh compensation for the deceased's families and Rs 1 lakh for the injured, while also suspending all construction work in the Kolkata Metropolitan Area for four weeks for an audit of sanctioned plans.
The Gujarat assembly complex received a bomb threat via email, leading to the evacuation of staff and MLAs and a search operation by local police.
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.
Its strength is set to increase by 3 seats once the current round of Rajya Sabha polls for 27 seats are concluded on June 28.
Prime Minister Narendra Modi will lead the 12th International Day of Yoga (IDY) celebrations from Kolkata's iconic Red Road on June 21, with over 210 Indian Missions organising events at nearly 2,500 locations worldwide under the theme 'Yoga for Healthy Ageing'.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
England coach Thomas Tuchel confirmed Bukayo Saka is fully fit and available for the World Cup clash against Ghana, while also voicing concerns that FIFA's mandatory hydration breaks are disrupting the flow and identity of football.
A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.
Lok Sabha Speaker Om Birla will hear both the defected TMC MPs and the faction led by Mamata Banerjee before deciding on recognising the breakaway group's proposed merger with the Nationalist Citizens Party of India (NCPI).
Ishan Kishan's wicket-keeping drills ahead of the series opener suggested India could be considering a revised role for KL Rahul in the ODI setup.
Bharat Tiwari, a self-proclaimed social worker, was shot by an STF team after he surrendered near his Bilauti village but succumbed to injuries few hours later on June 17.
Indian benchmark indices, Sensex and Nifty, extended their winning streak for a fourth consecutive session, driven by a significant drop in crude oil prices following a peace deal between the US and Iran. This development has fuelled investor confidence and buying activity across the market.
The Portugal squad are shutting out criticism of the team and captain Cristiano Ronaldo following an underwhelming draw in their World Cup opener against Democratic Republic of Congo, defender Ruben Dias said on Friday.
The Maharashtra Vidhan Bhavan in Mumbai was evacuated following a bomb threat received via email during the budget session, prompting security checks and a search operation.
Exploring memorable scenes that celebrate football in the movies.
'I obsessively close the apps on my phone all the time.'
Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.
Amid cross-voting from both ruling and Opposition ranks, the Bharatiya Janata Party-led Mahayuti on Monday swept 16 of the 17 Maharashtra Legislative Council seats from local authorities' constituencies even as Nashik delivered a surprise defeat to the governing bloc.
India's assistant coach Sitanshu Kotak has provided an update on the fitness of Rohit Sharma and Hardik Pandya, who are awaiting clearance for the upcoming ODI series against Afghanistan after sustaining injuries during the IPL.
Tamil Nadu Governor RV Arlekar announced that the TVK regime, led by Chief Minister C Joseph Vijay, will take steps to ensure fair financial devolution from the Centre, including pursuing the matter in the Supreme Court. The government also plans to conduct a 'Social Justice Survey' and address the state's severe financial deterioration.
Canada secured its first-ever World Cup victory with a dominant 6-0 win, but the celebration was marred by a severe leg injury to midfielder Ismael Kone. Kone suffered a broken leg after a tackle from Qatar's Assim Madibo, an incident that left his teammates and coach Jesse Marsch deeply shaken. The injury is a significant blow to Canada's World Cup campaign, despite their strong position in Group B.
BCCI secretary Devajit Saikia stated that India's roadmap for the 2027 World Cup, including discussions on senior players like Rohit Sharma and Virat Kohli, is confidential and not for public consumption. He also clarified that the BCCI adheres strictly to the Government of India's policies regarding bilateral tours, such as the potential resumption of ties with Bangladesh, without concern for the political situation in other countries.
Star all-rounder Hardik Pandya and senior batter Rohit Sharma have been cleared by the Sports Science team of BCCI's Centre of Excellence to participate in the upcoming three-match ODI series against Afghanistan, starting in Dharamsala on Sunday.
