'There is a challenge in repositioning yourself, maybe reinventing yourself.'
Fino Payments Bank asserts its compliance with GST regulations following the arrest of its MD and CEO, Rishi Gupta, by the Directorate General of GST Intelligence (DGGI). The bank clarifies that the investigation pertains to program managers associated with multiple banks and not the bank's own GST compliance.
Stock markets rebounded on Friday with the benchmark Sensex closing higher by 316 points after heavy buying in banking and metal shares amid optimism over trade deal progresses and India's participation in Pax Silica.
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.
Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.
Cyber intelligence firm CloudSEK reports that online fraudsters are using a new toolkit called 'Digital Lutera' to bypass security features of UPI apps and carry out fraudulent financial transactions.
A 64-year-old man from Thane was allegedly defrauded of 1.56 crore by cybercriminals using a 'digital arrest' scam, involving forged documents and constant surveillance.
The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder of Darwin Labs, in connection with the 200 million Gain Bitcoin cryptocurrency scam. Varshney was apprehended while attempting to flee the country.
'We take steps to filter this data to protect people's privacy and to help prevent identifying information from being reviewed.'
The country's banking system, while remaining "resilient" with bad loans at over a decade low and strong capital buffers, will continue to face intense competition from non-bank sources for resource mobilisation, said the Reserve Bank of India's (RBI's) Trend and Progress of Banking in India 2024-25 report.
Jaipur police swiftly recovered and returned Rs 27,000 to a Slovakian tourist who mistakenly overpaid for a taxi ride. The tourist, who was visiting India for a conference, realised the error after checking her bank account and sought help from the local police.
'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'
Gurugram police arrested three men, including an IIT student, for allegedly working with foreign-based cyber fraudsters, providing bank accounts and handling transactions for a commission.
Realme has introduced its new Realme Narzo Power 5G handset in the Indian market, highlighted by an enormous 10,001mAh power unit.
The Islamic Revolutionary Guard Corps (IRGC) has declared the commencement of its 27th offensive under Operation True Promise 4, targeting American and Israeli positions in response to what it termed a new wave of 'unprovoked US-Israeli aggression against the Islamic Republic', Iranian state broadcaster Press TV reported.
Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.
Three individuals have been arrested in Shivamogga, Karnataka, in connection with a nationwide cyber fraud operation involving over Rs 82 crore and 352 registered complaints.
'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'
Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.
The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said.
Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Feb 24, 2026.
Equity benchmark indices Sensex and Nifty experienced a significant decline, primarily driven by a selloff in IT stocks due to concerns about AI disruption and renewed worries over global trade.
Indian equity markets experienced a volatile trading day, with the Sensex and Nifty closing almost flat. Market sentiment was influenced by global cues, US-Iran talks, and profit-booking activities.
Microsoft founder and Gates Foundation chairman Bill Gates on Tuesday hailed Andhra Pradesh's rapid development, saying it was exciting to see the state's growth being accelerated through AI and technology.
The Open Quantum Institute, a joint initiative by GESDA and CERN, aims to ensure that quantum computing is accessible to all when it becomes widely available, fostering global collaboration and capacity building.
A court in Thane, Maharashtra, has denied bail to a junior service engineer accused of leaking sensitive information about warships and submarines to Pakistani nationals, citing the serious nature of the offence.
The Open Quantum Institute (OQI), a joint initiative by Geneva Science and Diplomacy Anticipator (GESDA) and CERN, aims to ensure equitable access to quantum computing when it becomes widely available, fostering international cooperation and addressing societal implications.
Benchmark BSE Sensex fell 558 points on Thursday amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm US economic data weighed on investor sentiment.
Gangtok Traffic Police has introduced two high-tech drones to improve traffic management and public safety in the city. The drones will monitor traffic, identify bottlenecks, and assist in crowd management during public events.
Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).
Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate sentiment in the stock market next week, even as investors may remain cautious amid ongoing volatility, according to analysts.
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.
On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.
Benchmark stock indices Sensex and Nifty closed on a flat note in a choppy session on Wednesday as gains in PSU banks and auto shares were offset by losses in IT stocks.
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.
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SoftBank's early India bets are beginning to deliver. The Japanese investor, which clocked nearly 5.4x returns on Lenskart and chose to stay invested in Meesho ahead of its public listing, has so far returned close to $7 billion from India to its global investors.
The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.
Amid growing concerns over artificial intelligence (AI) disrupting jobs, top technology industry leaders have a clear message for employees -- "stay calm and upskill".
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