The amount involved in banking system frauds surged to Rs 21,515 crore in the first half of FY26, up 30 per cent from the same period last year, even as the number of frauds fell 2.8 times to 5,092.
The 16th Finance Commission, led by Arvind Panagariya, has recommended maintaining the states' share in central taxes at 41% for the five-year period starting April 1, 2026. The government has accepted this recommendation, with Rs 1.4 lakh crore allocated to states for FY 2026-27 as Finance Commission Grants.
'We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.'
Civil society groups, led by the NREGA Sangharsh Morcha, are planning a nationwide protest -- similar to the farmers' stir a few years ago -- starting December 19 demanding scrapping of the new Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission.
The Reserve Bank of India (RBI) is in no rush to launch the central bank digital currency (CBDC) nationwide, as its most promising use case - cross-border payments - depends on other countries rolling out their own CBDCs simultaneously for the system to work effectively. That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.
Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore.
Bengaluru Bulls were in fine form as they thrashed Jaipur Pink Panthers 47-26 in the Pro Kabaddi League at the Thyagaraj Indoor Stadium in Chennai on Saturday.
Star Indian shuttler Lakshya Sen stunned fifth seed Christo Popov of France in straight games to enter the men's singles pre-quarterfinals at the $475,000 Hylo Open Super 500 tournament in Saarbrucken, Germany, on Wednesday.
Bengaluru Bulls defeated Jaipur Pink Panthers in the opening clash of the Jaipur leg of the Pro Kabaddi League, with a convincing 28-23 win at the SMS Indoor Stadium on Friday.
The government has extended the tenure of the 16th Finance Commission by one month till November 30. The 16th Finance Commission was constituted by the government on December 31, 2023, with former Niti Aayog vice-chairman Arvind Panagariya as its Chairman.
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
Satwik and Chirag, who recently bagged their second bronze medal at the World Championships in Paris, overcame Taiwan's Chiu Hsiang Chieh and Wang Chi-Lin 21-13, 18-21, 21-10 in their opening round.
Lakshya Sen exits, Mannepalli keeps Indian hopes alive at Arctic Open
Bengaluru Bulls confirmed their place in the top eight with a comprehensive 33-23 win against Dabang Delhi in a Pro Kabaddi Season 12 match at the Thyagaraj Indoor Stadium, in New Delhi, on Saturday.
'There are no additional benefits for banks and market participants to use CBDC...'
Patna Pirates registered a thrilling 6-4 win in tiebreaker over Bengaluru Bulls after the two teams were locked 38-38 at the end of regulation time in a Pro Kabaddi League match, in New Delhi, on Thursday.
BJP MLA Manoj Kumar Oraon was allegedly attacked by TMC workers while distributing flood relief materials in Alipurduar. The TMC has denied the charges.
Within the first three minutes, Bengaluru Bulls inflicted an ALL OUT, taking a massive nine-point lead -- the fastest ALL OUT of the season for the Bulls and second fastest of the season.
The BJP claimed that the attackers were TMC-backed goons, accusing the Mamata Banerjee government of allowing violence against opposition leaders even in times of humanitarian crisis.
Bengaluru Bulls registered a stunning 40-33 win over Haryana Steelers in a Pro Kabaddi league match in Visakhapatnam on Monday.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
Kidambi Srikanth went down fighting to Japan's Kenta Nishimoto 21-19, 14-21, 18-21 in the semi-finals of the Canada Open Super 300 badminton tournament in Calgary on Saturday.
Indian shuttlers Lakshya Sen, Ayush Shetty, and Tharun Mannepalli progressed to the second round of the men's singles competition at the Macau Open Super 300 badminton tournament after registering fine wins on Wednesday.
Fahad Faasil and Vadivelu more than deliver the goods, but the film, as a whole, fails to live up to their startling on-screen partnership, observes Arjun Menon.
Kidambi Srikanth continued his impressive run to enter the men's singles semi-finals with a straight-game win over top seed Chou Tien Chen of Chinese Taipei at the Canada Open.
Former World No. 1 India's Kidambi Srikanth bows out of US Open badminton tournament
The former world junior number one thus joined fellow Indians Aparna Popat (1996), Saina Nehwal (2006) and Siril Verma (2015) in winning a silver medal at the prestigious tournament.
The panel, headed by Congress MP Saptagiri Sankar Ulaka, had called Patkar to hear her views on the implementation and effectiveness of the land acquisition law enacted by Parliament when the Congress-led UPA government was in power in 2013.
Kidambi Srikanth started his campaign in the Taipei Open on a bright note and moved into the second round of the Super 300 badminton tournament along with a host of other Indian youngsters in Taipei on Wednesday.
Sankar's father Subramanian encouraged him to drop out of the schooling system at an early age and pushed him to play in the upper age groups and senior circuits.
Sankar Muthusamy Subramanian caused a major upset by knocking out World No 2 Anders Antonsen of Denmark in a thrilling three-game contest to reach the men's singles quarter-finals.
Later in the day, eight-seeded Indian men's doubles pair of Pruthvi Krishnamurthy Roy and K Sai Pratheek will be up against second seeds Muhammad Shohibul Fikri and Daniel Marthin of Indonesia.
Former world No.1 shuttler Kidambi Srikanth and Sankar Muthusamy Subramanian crashed out of the Thailand Masters Super 300 badminton tournament as the Indian challenge ended in Bangkok on Friday.
Treesa and Gayatri, seeded fourth, will be the lone Indian challenge left in women's doubles in Basel after Priya Konjengbam-Shruti Mishra and Varshini Viswanath Sri-Arathi Sara Sunil lost their opening-round matches.
In a major organisational revamp, the Congress on Friday appointed former Chhattisgarh chief minister Bhupesh Baghel as general secretary in-charge of Punjab and Rajya Sabha MP Syed Naseer Hussain as general secretary for Jammu and Kashmir and Ladakh.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.
Star Indian shuttlers PV Sindhu and Lakshya Sen will spearhead a strong contingent at the USD 250,000 Swiss Open, beginning on Tuesday, aiming to regain top form.
'We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.'
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