A new HCLTech study reveals that 84% of global wealth management firms recognise the need to redesign their operating models for AI, yet less than 10% are prepared for the transition. The report identifies "blind spots" in ambition, execution, and strategy, hindering effective AI implementation and measurable business outcomes.
Life Insurance Corporation of India (LIC) is facing a thinning of its top management as Managing Director Dinesh Pant exits to join Irdai, leaving one of four MD posts vacant. This comes amidst broader staffing challenges across several public sector insurers and a headless Financial Services Institutions Bureau (FSIB).
The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.
Mumbai Cyber Police have apprehended six individuals, including an IIT graduate and a bank manager, for allegedly defrauding a senior citizen of Rs 1.12 crore through a "digital arrest" scam. The victim was coerced into transferring funds after being threatened with family arrest by impersonators.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
Finance Minister Nirmala Sitharaman announced that India's real GDP grew by 7.8 per cent in the April-June quarter, surpassing the RBI's forecast. She attributed this strong performance to government reforms and agile economic management, reaffirming the government's commitment to expanding economic opportunities.
Amardip 'Amo' Dhariwal, a 55-year-old Indian-origin former British Airways cabin crew manager, has been convicted of sexually assaulting a female colleague at his home in Berkshire, UK. The conviction followed a nine-day retrial after a previous hung jury. Dhariwal is awaiting sentencing on October 29. Two other women also provided "bad character evidence" regarding alleged assaults outside the UK, though those charges were discontinued due to jurisdiction issues.
India women's bowling coach Avishkar Salvi detailed the team's comprehensive workload management plans for all bowlers, ensuring optimal performance through various phases of training and rest. He also addressed the recent batting collapse against Thailand, acknowledging occasional shortfalls but highlighting the team's resilience and lower-order contributions.
Liverpool manager Andoni Iraola expressed relief at the closure of the transfer window, stating it allows his side to fully concentrate on securing their first Premier League win of the season against Ipswich Town.
The state-run Pakistan Sports Board is only funding a fraction of the country's 248-member Asian Games contingent, with many athletes and officials relying on federations, the POA, or self-financing. The Pakistan Olympic Association secretary, Khalid Mahmood, confirmed that self-funded medal winners would be compensated and highlighted Pakistan's medal hopes across various disciplines.
JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.
Aston Villa manager Unai Emery has stated that the frequent transfer dealings between Aston Villa and Chelsea are purely business transactions, not indicative of a special relationship.
UAE-based Al Fursan consortium, led by Sheikh Ahmad bin Faisal Al Qasimi, has announced the acquisition of Indian Super League club Kerala Blasters FC from Magnum Group. The ownership transfer will occur in phases, concluding by the end of the 2026-27 season, with new management taking over for the upcoming season.
Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.
Since recruiters need to be able to spot relevant information quickly, adding unnecessary details can weaken your most important qualifications, says rediffGURU Nayagam PP.
A football team from Karachi, en route to a tournament in Quetta, was robbed at gunpoint by insurgents on a Balochistan highway. The incident occurred despite official warnings about the region's security situation, highlighting the dangers faced by travellers.
Following the tragic killing of a teacher inside a school, the Lakhimpur Kheri district administration has ordered all schools to review and significantly upgrade their security protocols. A 16-point safety audit checklist has been introduced, mandating measures from controlled entry to CCTV surveillance and staff verification, with police coordination and increased patrolling.
Shah Rukh Khan sought Lord Ganesha's blessings as he visited Lalbaugcha Raja in Mumbai with wife Gauri Khan and daughter Suhana.
Researchers from Goa Institute of Management (GIM) and Goa Business School conducted a study analysing over 1.31 lakh posts on social media platform X using machine learning models. They found that indirect aggression is most common during major social, financial, sporting, and political events in India. The study classified aggression into overt, covert, and non-aggressive forms, noting that overt aggression remained relatively low but peaked during events like India's T20 World Cup loss. The findings have significant implications for online moderation and communication policies.
Tata Motors Passenger Vehicles (TMPV) Managing Director and CEO Shailesh Chandra stated that the ongoing tussle between Tata Sons and Tata Trusts is 'of no concern' to TMPV, as it is an independently listed company focused on its own strategy.
An IIT Madras study reveals that financial cybercrime victims in India are often highly educated professionals, challenging the notion that only careless or financially unaware individuals are targeted. The research highlights that digital literacy doesn't guarantee protection, as fraudsters exploit stress and emotional vulnerabilities.
Indian weightlifter Saikhom Mirabai Chanu secured a silver medal in the women's 49kg category at the Aichi-Nagoya Asian Games, completing her collection of major international medals. Her chief coach, Vijay Sharma, revealed that a meticulously designed training programme focused on injury prevention was crucial to her success, especially after previous Asian Games disappointments due to injury. Chanu lifted a combined 198kg, adding this prestigious medal to her Olympic silver, Commonwealth Games golds, and World Championships title.
India's Election Commission's centralised voter database systems, ERONET and ECINet, are under scrutiny following concerns raised by Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi regarding the centralisation of electoral rolls and control available to state election officials. The article explains how these systems work and why they are currently in the news.
World champions Spain defeated England 3-2 in a thrilling Nations League opener at Wembley, capitalising on two significant defensive errors. Mikel Oyarzabal scored the winner after England had briefly mounted a comeback. The article also covers Croatia's 2-1 win over the Czech Republic and Scotland's 0-0 draw with Slovenia.
An Indian seafarer from Uttar Pradesh, Wiper Suraj Yadav, was killed after sustaining head injuries in a missile attack on the Antigua and Barbuda-flagged bulk carrier MV Cape Dao off the coast of Oman. The vessel was carrying 20 Indian seafarers, 19 of whom were safely evacuated.
Kylian Mbappe describes Zinedine Zidane becoming his France coach as "like something out of a movie," completing a remarkable journey that began with Zidane guiding him toward Real Madrid.
China has deployed 72 "robot employees" across Beijing's municipal parks to perform various tasks like cleaning, patrolling, guiding visitors, and pest control. This initiative is part of China's "Robot Plus" strategy, driven by an ageing population and labour shortages, and showcases the growing domestic service robot market. These AI-powered robots enhance efficiency and visitor experience in popular attractions like the Summer Palace and Zizhuyuan Park.
Tewolde Gebremariam, Air India's CEO and MD-designate, has outlined passenger safety, operational reliability, and sustainable profitability as the airline's foremost priorities, emphasising a stronger safety-reporting culture and improved disruption recovery.
Sreeshankar's injury left his mother in tears, but his silver medal soon sparked celebrations at home with laddoos and family joy.
Indian long jumper Murali Sreeshankar secured a silver medal at the Asian Games despite suffering an injury during his fourth attempt. His family in Palakkad, Keralam, experienced a mix of anxiety and joy as they watched him compete, celebrating his remarkable comeback from a previous career-threatening injury.
A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
Bankers said the impact could become more visible from September 29 as customers could withdraw larger amounts of cash, although ATM operations are increasingly managed through third-party cash-loading arrangements.
Students of Lovely Professional University (LPU) in Phagwara, Punjab, engaged in violent protests, vandalising property and clashing with police over unverified claims of a female student being raped on campus. The unrest led to the suspension of classes and postponement of exams, while police registered a rape case and formed an SIT, despite the university denying the allegations as 'rumours'.
The prime suspect in the sensational burglary at the home of a YouTuber in Thammathukonam near Chennai was apprehended and a significant portion of the stolen valuables were recovered, the police said on Tuesday.
Prime Minister Narendra Modi extended his congratulations to Indian shooter Esha Singh and Kurash athlete Pincky Balhara for their impressive medal-winning performances at the Asian Games 2026 in Japan.
Global payments solution major Mastercard has fully exited Indian fintech firm Pine Labs, selling its entire 4.31 per cent stake for Rs 933 crore through block deals on the BSE.
A 20-year-old receptionist, Dilsha, was allegedly stabbed to death by a man identified as Jithu at a resort in Kozhenchery, Kerala. Police suspect the killing is linked to a failed relationship. The accused was apprehended at the scene and handed over to the police.
