Selected students will receive a grant of up to Rs 12,000 to cover their academic expenses.
Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.
India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month low of 56.5 to 59.0 in February, indicating a sharp rate of expansion.
Three Air India narrowbody aircraft at Delhi's Indira Gandhi International Airport were damaged when ground support equipment, moved by sudden strong winds and rain, collided with them. All three planes were taken out of operation, with two expected to return soon.
Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.
Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.
Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.
Haryana showcased its wrestling prowess by sweeping all three overall team titles men's freestyle, Greco-Roman, and women's wrestling at the U-23 National Wrestling Championships held in Rohtak. The host state secured top honours with significant points, while Services Sports Control Board and Maharashtra also performed strongly, with individual athletes from various states claiming gold medals across different weight categories.
India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.
US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.
Heavy monsoon rains have severely impacted Mumbai and its surrounding areas, leading to landslides, suspension of train services, and at least 13 fatalities over the past few days. The Mumbai-Pune Expressway was also shut due to a concrete pillar collapse and waterlogging.
Former India captain Bhaichung Bhutia believes Lionel Messi needs to win the 2026 World Cup to truly equal Diego Maradona's legendary status, despite Messi's 2022 triumph. Bhutia rates Maradona higher due to his single-handed 1986 World Cup victory, while also tipping Spain as slight favourites over Argentina in the upcoming final.
Heavy rainfall has caused severe waterlogging across Mumbai, disrupting traffic and daily life. The India Meteorological Department issued a red alert for Mumbai and surrounding districts, advising precautions. Specific areas recorded over 200 mm of rainfall, and the IMD forecasts continued heavy rains for the Konkan region, Goa, South Gujarat, Odisha, and Central India.
The Bihar government has suspended two senior IAS officers, Yogesh Kumar Sagar and Abhilasha Kumari Sharma, following corruption charges based on findings shared by the Enforcement Directorate (ED) and the Special Vigilance Unit (SVU). The officers are accused of obtaining undue monetary benefits through bribery and commissions.
Five people, including two school students, have died after a local train struck a pool car at an open level crossing in West Bengal's Murshidabad district. The gateman has been arrested, and a railway permanent way inspector suspended for alleged dereliction of duty.
The remarkable rise of smallcaps reflects the emergence of a broad set of specialised businesses operating in industries where the sectoral tailwinds remain considerably stronger than macroeconomic headwinds, points out Debashis Basu.
SBI Funds Management Ltd. is set to list on stock exchanges next week following its Rs 11,692 crore Initial Public Offering (IPO), which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi.
With over 75 per cent indigenous content, the frigate is among the most self-reliant frontline warships built in India.
The India Meteorological Department has forecast intensified heavy rains and thunderstorms for Mumbai and its suburbs. A yellow alert has been issued, and high tides are expected, though traffic and public transport are currently normal.
'As bacteria become increasingly resistant, preserving the effectiveness of existing antibiotics is everyone's responsibility.'
The India Meteorological Department has issued a 'red' alert for Mumbai, Thane, and Raigad districts, forecasting heavy to very heavy rainfall and strong winds. Residents are advised to avoid unnecessary travel, and warnings include potential flash floods, structural damage, and disruptions to essential services. The Brihanmumbai Municipal Corporation has also urged caution and deployed officials to monitor the situation.
First responders and eyewitnesses vividly recall the horrific Ahmedabad Air India crash a year later, describing an inferno exceeding 1,000 degrees Celsius that melted boots and aircraft parts, and the heart-wrenching retrieval of a pregnant woman's charred body amidst the chaos.
Former Prime Minister Manmohan Singh once told then Chief Election Commissioner SY Quraishi in 2012, "I will commit suicide," expressing his deep anguish over ministers' "loose talk" criticising the Election Commission's functioning, a revelation made in Quraishi's upcoming book.
Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.
"If you share a healthy relationship with your parents, let them know that while they are searching, you are open to meeting other men," counsels rediffGURU Shalini Singh, founder of andwemet, an online matchmaking service.
Former India women's hockey captain Asunta Lakra has written to the Sports Ministry, SAI, and IOA, alleging institutional protection of sexual harassment and intimidation of women athletes within the sport. She claims she faced threats and a smear campaign after raising concerns about an individual, Sudhir Gola, and has accused Hockey India Secretary General Bholanath Singh of threatening her. Singh denies the allegations, linking them to upcoming elections, while Hockey India President Dilip Tirkey has acknowledged Lakra's concerns and promised an amicable resolution.
India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.
India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.
The IDFC FIRST Bank MBA Scholarship 2026-28 is a need-based financial assistance program for students pursuing the first year of a full-time MBA course.
India's IT Ministry has issued notices to Telegram and Signal, following a similar action against WhatsApp, questioning their username features due to concerns over increased online fraud, phishing, and impersonation. The government is seeking explanations on how these platforms address such risks, with one homegrown app already disabling the feature.
Vice President C P Radhakrishnan has championed the use of artificial intelligence for good governance, highlighting its potential to improve government services and build an inclusive and efficient India.
Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.
The Mumbai civic body declared a holiday for schools and colleges in the afternoon session following an India Meteorological Department (IMD) red alert for extremely heavy rainfall. Citizens have been advised to stay indoors unless necessary, as the city continues to experience significant monsoon downpours, with some areas receiving over 100 mm of rain.
Canadian police have found no evidence linking Indian government officials to the 2023 killing of Sikh separatist Hardeep Singh Nijjar, directly contradicting earlier allegations by former Prime Minister Justin Trudeau that strained bilateral ties.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
Indian rally driver Naveen Puligilla and co-driver Musa Sherif are set to compete in the Rwanda Mountain Gorilla Rally, the third round of the FIA African Rally Championship. The duo, known for their previous podium finishes in WRC3 and ARC3 categories, will drive a Ford Fiesta and aim for another strong performance on the demanding mountain stages.
Chief of Army Staff General Upendra Dwivedi stated that the armed forces are fully prepared for 'Operation Sindoor 2.0' if the need arises, emphasising enhanced synergy across all three services for modern multi-domain warfare.
The Durand Cup, Asia's oldest football tournament, will commence on July 25 and conclude on August 23. This edition will feature 24 teams, including two foreign sides, with matches spread across five cities, including debutant host Ranchi. The tournament continues to be a vital platform for Indian football talent.
Meghalaya has shown significant progress in digital transactions and financial inclusion, recording 32.76 crore digital transactions and nearly 10 lakh Jan Dhan accounts by 2025-26. Efforts like the JAM Trinity and financial literacy programmes have expanded banking access, with a high percentage of bank account holders adopting digital modes. The next phase focuses on enhancing financial literacy and cyber resilience, especially in rural areas.
Indian-origin NASA astronaut Anil Menon, along with two Russian cosmonauts, has embarked on an eight-month mission to the International Space Station (ISS) aboard a Soyuz MS-29 spacecraft. This marks Menon's first spaceflight, where he will conduct scientific research and technology demonstrations focused on human space exploration, microgravity effects, and in-space production of advanced materials.
