Chief Justice of India Surya Kant highlighted the rapid integration of Artificial Intelligence into arbitration practices, expressing concerns about its accuracy, authenticity, and ethical use. He stressed the need for mandatory disclosure when generative AI is used in preparing legal documents and reports, advocating for shared standards to manage deepfakes and AI-generated material. The CJI also encouraged embracing AI for efficiency in tasks like e-discovery while preserving core arbitration principles.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.
The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.
Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.
'If 5% of the total revenue was spent on LPG (pre-war), it is now expected to double. The overall food cost in restaurants is expected to rise by 4-6%.'
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
Pakistan's hockey team faced embarrassment in a five-a-side match against India in Muscat when umpires penalised them for fielding six players instead of five. This led to India scoring 8 goals. The incident has prompted the Pakistan Hockey Federation President to demand an explanation, recalling a similar blunder in the 2022 Asia Cup that cost them a World Cup qualification.
Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.
Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
Sports Minister Mansukh Mandaviya led a cycling rally in Glasgow, engaging the Indian community to promote healthy living and encourage support for the 'Cheer for Bharat' initiative at the Commonwealth Games. He urged participation in the Fit India Movement and highlighted cycling's benefits for health and environment, as India prepared to compete in a scaled-down CWG focusing on boxing, weightlifting, and athletics.
The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.
Harmanpreet Kaur admitted India put pressure on themselves by consuming too many dot balls in the middle overs as England notched a 26-run victory in the second women's T20I to level the three-match series 1-1.
Discover the top fashion moments of May as Indian celebrities like Kriti Sanon, Hina Khan, Ananya Panday, and others serve up major style inspiration.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
A recent policy decision by the Pakistan Cricket Board (PCB) to demand a $25,000 fee for players' No Objection Certificates (NOCs) left Haris Rauf -- signed by the San Francisco Unicorns -- as the country's sole representative in the USA's Major League Cricket (MLC) this year.
The data may include details of foreign bank accounts, investment accounts, certain financial investments, interest income, dividends and other specified financial income held by Indian tax residents abroad.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.
The Uttar Pradesh Public Works Department has declared a 3-km road passing through SP leader Azam Khan's Mohammad Ali Jauhar University campus in Rampur as a public road, erecting signboards to ensure unrestricted access. The road, built by the PWD in 2016-17, had its access restricted by the university since 2019, leading to a legal dispute that is still ongoing in the Allahabad High Court.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
The 23rd Commonwealth Games have commenced in Glasgow, marking the city's second time hosting the event. This edition is significantly scaled down with a reduced budget and fewer sports and athletes, following Victoria's withdrawal. King Charles III is inaugurating the Games, which will feature 123 Indian athletes, though India's medal tally is expected to be impacted by the exclusion of key sports. India is set to host the 2030 CWG in Ahmedabad.
India has launched its first hydrogen-powered train, the 'Namo Green Rail', from Jind, Haryana, marking a significant step towards sustainable railway mobility. The 10-coach train, which emits only water vapour, is currently operating on the Jind-Sonipat route and represents a major technological advancement for the country's transport sector.
Airfares to Southeast Asia have surged 25 to 30 per cent, driven by high demand and limited airline seat capacity.
FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.
The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
The 10 takeaways from the FIFA World Cup, which was co-hosted by the United States, Canada and Mexico.
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.
India is relying heavily on its boxing, weightlifting, and athletics contingents to maintain its two-decade streak of top-five finishes at the Commonwealth Games, which opens in Glasgow.
Gujarat Titans assistant coach Parthiv Patel admitted their sloppy catching proved costly as they dropped as many as four catches, including two chances of Finn Allen, who made them pay with a blistering 35-ball 93 in a 29-run loss to Kolkata Knight Riders.
Leading Fast-Moving Consumer Goods (FMCG) companies in India are expressing strong optimism for the current fiscal year, anticipating robust consumption trends, significant growth, and improved profit margins. This positive outlook is largely driven by resilient demand and the expected easing of elevated input costs, despite ongoing inflationary pressures and potential weather volatility.
Air India, IndiGo, and Air India Express are temporarily reducing their domestic flights due to surging jet fuel prices and lower travel demand. The airlines are cutting flights by 10 to 22 per cent in the coming months.
Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.
For hundreds of Indian scholars who journeyed to Canada aiming for a foreign degree and a path toward long-term career opportunities, what should have been a triumphant graduation has instead spiralled into deep uncertainty.
A football commentator has been stripped of his World Cup credentials by FIFA after an expletive-laden tirade against the organisation and match officials during Paraguay's 1-0 victory over Turkey when Miguel Almiron was sent off.
Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
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