The BRICS nations condemned the Pahalgam terror attack, advocated for a zero-tolerance approach to terrorism, and criticized rising tariffs during their summit in Rio de Janeiro. They also addressed global challenges and called for reforms in international institutions.
The Supreme Court of India has ruled that it is mandatory to consider the twin conditions laid out in the Prevention of Money Laundering Act (PMLA) when deciding bail applications in money laundering cases. The court emphasized the seriousness of the crime and the need to comply with the rigorous requirements of Section 45 of the PMLA, which includes giving the prosecutor an opportunity to oppose bail and ensuring that the court is satisfied that there are reasonable grounds to believe the accused is not guilty and unlikely to commit another offense on bail. The ruling was made in response to an appeal filed by the Enforcement Directorate against a Patna High Court order granting bail to an accused in a money laundering case. The Supreme Court found that the High Court had granted bail without properly considering the requirements of Section 45 and remanded the case back for a fresh review.
In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.
Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.
Making a strong case for banning cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Monday said they are even worse than ponzi schemes and threaten the financial sovereignty of a country. Observing that crypto-technology is underpinned by a philosophy to evade government controls, he said they have been specifically developed to bypass the regulated financial system. More substantially, he added, cryptocurrencies can wreck the currency system, monetary authority, banking system, and in general the government's ability to control the economy.
India has a comparative edge over key competitors in a majority of products it exports to the US and stands to gain market share as the US raises tariffs on its major trade partners, NITI Aayog said on Monday. In its quarterly trade report, it recommended that the government fast-track the India-US free trade agreement with time-bound goals to resolve non-tariff barriers and finalise digital trade rules on data flows and e-signatures to support services exports.
The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.
Do not sound as if you intend to permanently settle overseas, warns Ritika Gupta, CEO and counsellor at AAera Consultants.
UPI topped Rs 24 trillion in value of transactions and 19 billion in volume for the first time after becoming operational in April 2016.
Currently, the hockey players draw salaries from the departments and organisations that they are employed with even though a proposal to have a graded contract system by Hockey India has been in the deliberation stage for past few years.
"I've lost everything... I had only two children, a boy and a girl, and both are gone. My home is empty... There's no one left to play in the courtyard. I wish God had taken me instead and spared my children," she said.
The Reserve Bank of India (RBI) on Wednesday released draft guidelines for streamlining the onboarding and monitoring of Aadhaar Enabled Payment System (AePS) operators to counter frauds perpetuated through the ecosystem. Banks and the National Payments Corporation of India (NPCI) are required to comply with these directions within three months from the date of issue of the guidelines.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.
The Supreme Court has announced it will decide in April whether to reconsider its 2022 verdict upholding the Enforcement Directorate's powers to arrest and attach property under the Prevention of Money Laundering Act (PMLA). The court is hearing a batch of pleas seeking a review of the July 2022 verdict, which upheld the ED's powers of arrest and attachment of property involved in money laundering, search and seizure under the PMLA. The verdict came on a batch of over 200 petitions filed by individuals and other entities questioning various provisions of the PMLA.
The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan
The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.
Jaishankar said the UN Security Council condemned the attack and underlined the need to hold perpetrators, organisers, financiers and sponsors of the reprehensible act and bring them to justice.
India's Permanent Representative to the UN Ambassador Parvathaneni Harish said that the Indian sub-continent offers a "stark contrast" in terms of progress, prosperity and development models.
National Security Adviser Ajit Doval on Tuesday called for shunning double standards in combating terrorism and urged members of the Shanghai Cooperation Organisation (SCO) to hold accountable perpetrators, organisers and financers of cross-border terrorism, seen as reference to Pakistan.
In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.
'We need to be very vigilant as we are passing through some fraught times.'
Master the online ITR filing process and then learn the differences between the old and new tax regimes to pick your best option.
Satyajit Ray anticipated the issues we are only now starting to raise, long before large language models, AI chatbots, predictive algorithms, and autonomous systems began to control every bit of our lifestyles, notes Atanu Biswas.
India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.
In a pump and dump operation, fraudsters artificially inflate the price of a stock by spreading misleading or false information, creating a frenzy among unsuspecting retail investors.
Russian Foreign Minister Sergey Lavrov alleged that NATO is blatantly trying to lure India into anti-China intrigues.
Former Mumbai police commissioner A N Roy expressed shock over the Bombay High Court's acquittal of all 12 accused in the 7/11 train blasts case, defending the police investigation and expressing confidence in an appeal to the Supreme Court.
More than one million cybersecurity incidents were flagged within 10 days.
This follows an earlier incident on May 22, 2025, in which a large quantity of drugs was seized near the Nungambakkam railway station, according to a Greater Chennai Police press release.
Khelo Bharat Niti: Regulatory bodies for better sports administration but will IOA, NSFs play ball?
'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'
'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'
Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.
'Iranians admire Indian cinema and often mention Amitabh Bachchan and Shah Rukh Khan when you meet them.'
Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Most of these companies - such as Persistent Systems, Coforge, KPIT, and Mphasis - focus on niche businesses and industries that allow them to go deeper in terms of client mining and expanding wallet share from existing customers.
'If we're smart about it, we can use AI to amplify human potential, not replace it. But time is running short.'
An hour-long disruption could affect around 40 million UPI transactions.
