Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.
Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.
Tata Sons has the balance sheet to support them, for now.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
Shabnam Sinha is set to take over as the Chairperson of Airtel Payments Bank for a three-year term starting October 1, 2026, succeeding Sunil Mittal, who concludes his tenure as non-executive Chairman.
Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.
A report by policy think tank The Dialogue reveals that India's artificial intelligence (AI) ecosystem is primarily constrained by a shortage of skilled talent and a lack of data standardisation, rather than market concentration. The study, which surveyed 308 stakeholders, found that talent availability and data usability are major concerns, with a significant reliance on open-source AI models.
A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.
Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu congratulated the State Cooperative Bank on successfully migrating its core banking system to the 'Finacle 10.2.25' platform. This upgrade aims to provide faster, more transparent, and secure financial services, enhancing customer experience and operational efficiency across its 262 branches.
A 21-year-old Delhi University student was brutally stabbed to death at her home in Tilak Nagar. Police suspect a known acquaintance, Imran, committed the crime out of rage over her talking to another person. Imran is currently absconding, and multiple police teams have been formed to apprehend him as investigations continue.
A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.
'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'
The Telecom Regulatory Authority of India (Trai) has expanded the 1600-number series to include utilities, courier, and logistics companies, introducing the new 1601 series to help consumers identify legitimate calls and prevent widespread fraud and impersonation.
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
The Department of Telecommunications (DoT) has instructed telecom operators to refuse new mobile connections to individuals who already possess nine or more SIM cards, effective from August 24, 2026.
The devastating flash floods wreaked havoc across Nepal, with the ministry of external affairs on Thursday stating that 84 Indian nationals have been rescued while 290 remain uncontactable as the Himalayan nation stepped up search, rescue and relief operations following the disaster that has claimed more than 390 lives.
At sunset, in Vashi, New Bombay, a modest roadside stall, near the entrance of General Arun Kumar Vaidya Kala Kendra, quietly draws a steady stream of endless customers -- office-goers, students, families and regulars.
Vietnam Beauty Fashion Fest XVI turned into quite the fashion spectacle as national ambassadors from across the world took the stage during one of the most anticipated events of the 75th Anniversary Miss World celebration.
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.
The Rajya Sabha has passed The Bankers' Books Evidence Bill, 2026, which aims to replace a British-era law and allow digital and virtual records to be admissible as evidence in courts. This legislation aligns with contemporary digital banking practices and extends a uniform evidential framework to various financial entities, including NBFCs and fintech companies. Finance Minister Nirmala Sitharaman highlighted the bill's role in strengthening public confidence and safeguarding customer privacy. The bill's passage, however, saw an Opposition walkout over unrelated issues.
Is this one car with options, or three distinct vehicles? Rajesh Karkera/Rediff.com finds out.
India's Grandmaster R Praggnanandhaa finished second in the Sinquefield Cup after losing to American Wesley So in the Armageddon game, but secured his spot in the Grand Chess Tour finale later this year.
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
Nagaland is seeking to implement the Juvenile Justice Act and Adoption Regulations in a way that respects the state's customary laws and traditional systems of care, while remaining legally sound.
Mumbai-based TCR Engineering Services has become the first independent company in India to receive Nadcap accreditation for materials testing at its Navi Mumbai and Vadodara laboratories, a crucial step for Indian suppliers to enter the global aerospace supply chain.
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
Karleo shares the story behind Jennifer Winget's wedding gown, revealing how over 3,000 hours of craftsmanship, intricate Indian embroidery, Victorian lace and heartfelt personal touches, including a tribute to her beloved dogs, came together to create a memorable bridal look.
Customs officials at Pune International Airport seized a large consignment of hydroponic marijuana, valued at Rs 26.8 crore, that was concealed within boxes labelled as 'Mandarin orange sacs' arriving from Bangkok.
Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
...and 3 lakh for harassment.
GSTN has put on hold its planned enhancements to the e-way bill system, providing businesses with crucial time to adapt to the proposed changes amid widespread industry concerns.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.
GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.
