Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
The new Asus TUF Gaming A14 laptop, featuring an AMD Ryzen AI 9 processor and Nvidia GeForce RTX 5060 GPU, is priced at Rs 1,99,990 for the FA401GM-RG038WS model.
The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.
Infosys on Tuesday announced a strategic collaboration with American artificial intelligence company Anthropic to develop and deploy advanced enterprise AI solutions for companies across telecommunications, financial services, manufacturing, and software development.
India's foreign trap shooting coach, Peter Wilson, has voiced his disappointment over the exclusion of World Championship bronze medallist Zorawar Singh from the Asian Games squad. Wilson highlighted Zorawar's calibre and the "great shame" of his omission, attributing it largely to the National Rifle Association of India's (NRAI) selection policy which prioritises domestic trials over international results. He also addressed the Indian shotgun team's recent poor World Cup performances and discussed the need for systemic changes to improve access to shotgun shooting in India.
French aerospace and defence major Thales views India as a highly dynamic market for avionics, with significant growth potential as Indian airlines expand their fleets. The company, which has a substantial presence and MRO facilities in India, is also exploring opportunities to replicate India-developed solutions globally and sees increased use of AI in development.
Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.
Meta's new Muse Image AI generator, which can create AI images from public Instagram accounts without explicit consent, has sparked significant privacy concerns and criticism over its 'opt-in-by-default' approach, raising fears of deepfakes and online impersonation.
Cognizant's Chief AI Officer, Babak Hodjat, highlights India's unique position in AI enablement due to its strong technology foundation and large pool of digitally skilled people. He emphasises the continued importance of developers in the age of AI and Cognizant's focus on becoming an 'AI builder' company.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
About 45 km from the tech hub of Bengaluru, the Karnataka government is planning a mega artificial intelligence (AI)-powered city with a budget of more than Rs 18,000 crore. To be spread over 9,000 acres, the project aims to follow the theme "Work, live, play" with technology as its core. At the centre of it are, however, thousands of farmers who are protesting against land acquisition by the government.
The Indian government has introduced a 0.4% fee on UPI transfers above Rs 2,000 made to merchants, effective October 15, ending nearly six years of free merchant payments. This move led to initial rallies in fintech stocks like Paytm and Mobikwik, though some later pared gains. Person-to-person transactions and small payments remain free for customers, with the fee being a Merchant Discount Rate (MDR).
BJP MP Raghav Chadha addressed the 12th IPU Global Conference of Young Parliamentarians in Samarkand, Uzbekistan, highlighting India's digital transformation journey. He emphasised how technology is widening access and promoting inclusion, citing UPI's success, affordable data, and robust data protection laws. Chadha also discussed India's digital cooperation with Uzbekistan and the importance of digital rights, safety, and skill development for all citizens.
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.
PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.
A Delhi court has criticised Gurugram Police for a "botched" investigation into the murder of real estate professional Yuvraj Singh Manchanda, particularly for cremating his body without identification. The court noted discrepancies between the post-mortem report and Delhi Police's findings regarding the cause of death, highlighting significant delays in uploading details to the ZIPNET database.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
Tata Consultancy Services (TCS) has launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata, in collaboration with Oracle. This facility aims to help enterprises accelerate the adoption of artificial intelligence and data-driven transformation by addressing challenges like fragmented data and limited AI scalability. The lab will leverage Oracle's AI Data Platform and TCS plans to expand similar CoEs to four more Indian cities.
Delhi Chief Minister Rekha Gupta announced a complete ban on construction activities from December 10 to January 20 to combat severe winter air pollution. The government will use its AI-powered Dust Portal 2.0 and AI-enabled cameras to monitor construction sites over 500 square metres in real-time, issuing alerts and fines for violations. Citizens are encouraged to report non-compliance.
A Thane court has acquitted a man accused of attempting to rape his stepdaughter in 2016, citing that the victim and her mother turned hostile during the trial and there was a lack of corroborating evidence. The court observed that the case likely stemmed from domestic differences that may have been resolved.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
A new report reveals a significant shift in India's AI hiring landscape, moving from experimental roles to those focused on deployment, integration, and scaling of AI solutions. Employers, including GCCs, IT services, and enterprises, are increasingly seeking professionals who can implement AI across core business operations, leading to a demand for core AI roles that currently outstrips the available supply.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
Prime Minister Narendra Modi has called upon the fintech industry to expand the global footprint of the Unified Payments Interface (UPI), advocating for its integration with international payment systems to reduce remittance costs for the Indian diaspora. Speaking at the Global Fintech Fest, Modi highlighted UPI's current presence in 11 countries and its connection with Singapore's local system, urging further expansion into nations with significant Indian populations or trade ties. He also stressed the need for India to set its own global payment standards and for the fintech sector to innovate beyond payments, focusing on cybersecurity, ethical data protection, and regulatory frameworks.
The Anti-Corruption Bureau (ACB) has registered two separate First Information Reports (FIRs) against Sheeba Inayat, a Jammu and Kashmir Administrative Service (JKAS) officer. The charges include amassing assets disproportionate to her known income and alleged malpractices in the distribution of Public Distribution System (PDS) foodgrains, leading to a wrongful loss of over Rs 2.61 crore.
Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
Researchers from IIT Guwahati and BHU have devised an eco-friendly biological method to treat textile wastewater, specifically targeting toxic azo dyes. Their novel bacterium, 'Brevundimonas sp. AJZ05', effectively degrades 98.50 per cent of Direct Blue-6 dye, producing non-toxic byproducts, offering a sustainable alternative to conventional chemical treatments.
BSP chief Mayawati has criticised the Centre's decision to introduce a 0.4 per cent fee on UPI merchant transactions exceeding Rs 2,000, effective October 15. She termed it a "capitalist profiteering attitude" that burdens the common people, while the government clarified that the charge is on merchants and not customers for person-to-person transactions.
Slim, powerful and built for serious gaming, Acer's Predator Helios Neo 16S AI packs high-end hardware into a remarkably sleek chassis.
BJD MP Santrupt Misra has voiced strong concerns over the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, arguing that the government or large financial institutions could easily absorb the costs of maintaining the digital payment network instead of burdening merchants and consumers.
'These limits will change. Very soon restrictions, restrictions will come.'
Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the newly introduced fees on UPI payments, stating they will lead to increased inflation for the common man. He dismissed government claims that customers would not be burdened, arguing that merchants would pass on the costs. Hooda demanded the immediate withdrawal of these fees, highlighting that the government's move contradicts its 'Digital India' initiative.
While the iPhone Duo grabbed the spotlight at Apple's September event, the biggest takeaway is how the company's hardware, software and AI are becoming more closely connected across its entire lineup.
Experts urge internet platforms to adopt prevention-by-design and stronger AI systems to curb child sexual exploitation material and improve online child safety.
The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate (MDR) on UPI transactions above Rs 2,000, arguing that the costs do not warrant such a move. This comes after the government announced a 0.4 per cent fee on merchant transfers over Rs 2,000 from October 15, while assuring that person-to-person and small payments remain free. SJM co-convener Ashwani Mahajan highlighted that banks have not demanded MDR and that UPI has reduced their transaction costs.
Indian dressage rider Anush Agarwalla has voiced profound disappointment and hurt after being excluded from the upcoming Asian Games, despite being a gold medalist in the previous edition. He criticised the selection process as "unfair" and a "betrayal," stating he was never given a chance to compete, and called for a more transparent system in Indian sports.
Indian sports pistol shooter Rahi Sarnobat discusses her challenging journey back to elite competition after battling a debilitating neuropathic pain syndrome. She shares how the illness forced her to redefine her training, mindset, and priorities, leading to a "second life" in the sport as she prepares for her fourth Asian Games.
Tata Boeing Aerospace Limited (TBAL) has achieved a significant milestone by rolling out the 400th fuselage for the AH-64E Apache attack helicopter from its Hyderabad facility. This joint venture between Boeing and Tata Advanced Systems Limited manufactures fuselages for global supply, including to the US Army and the Indian Army, highlighting India's growing role in the global defence manufacturing ecosystem.
The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.
