Atomic Energy Commission chairman Ajit Kumar Mohanty stated that India is on the verge of a significant technological transformation, driven by advancements in AI, quantum technologies, and other fields. Speaking at BIT Mesra's convocation, he emphasised the need for strong indigenous capabilities, skilled professionals, and interdisciplinary collaboration to achieve a developed India. Other speakers, including BIT Mesra's Chancellor and Vice Chancellor, echoed the importance of continuous learning and contributing to national progress.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.
They had bought Rs 29,631 crore worth of shares in August.
Indian stock markets closed lower, with the Sensex falling 429 points, after the Reserve Bank of India raised its benchmark interest rate for the first time in nearly four years, coupled with rising crude oil prices and persistent foreign fund outflows.
The Reserve Bank of India (RBI) has marginally raised its retail inflation forecast for the current fiscal year (FY27) to 5.2 per cent from 5 per cent, citing increasing price pressures across various commodities. Concurrently, the Monetary Policy Committee (MPC) unanimously decided to hike the key interest rate (repo) by 25 basis points to 5.5 per cent, shifting its stance to 'calibrated tightening'.
Congress president Mallikarjun Kharge has called for the immediate removal of Chief Election Commissioner Gyanesh Kumar and demanded Prime Minister Narendra Modi's resignation, citing alleged irregularities in electoral rolls and the poll process. Kharge outlined five key demands for electoral transparency and pledged that the Congress party would protest both on the streets and in Parliament.
A Liberia-flagged oil tanker, Aframax Rio, carrying 23 Indian nationals, was attacked by drone boats off Russia's Black Sea coast near Sochi. All crew members were safely evacuated, though a significant fire is burning. The incident highlights escalating risks to commercial shipping in the Black Sea amid the Russia-Ukraine conflict, prompting India to express grave concern over attacks on international waterways.
A flydubai flight from Dubai to Tel Aviv made an emergency landing in Tabuk, Saudi Arabia, after an apparent altercation in the cockpit. Israeli officials confirmed a "severe disaster" was averted, with initial fears of a hijacking prompting fighter jet deployment. Passenger accounts described panic and a pilot being stabbed, though the exact circumstances remain under investigation.
Two IIT Gandhinagar students have developed "TrustGate," an AI-based cybersecurity system designed to protect critical infrastructure like water treatment plants and power grids. The system uniquely combines network traffic and physical sensor data to detect sophisticated cyber attacks, identify affected equipment, and provide real-time alerts to operators, earning them an international award.
Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.
India's foreign exchange reserves experienced a substantial drop of USD 18.343 billion, settling at USD 747.557 billion for the week ending September 25, according to the Reserve Bank of India.
Economic think tank GTRI has urged the Indian government to withdraw the proposed UPI charges, set to begin on October 15, arguing that the digital payment system should remain free for merchants and consumers. GTRI warns that these charges could lead to higher prices, reduced earnings for small businesses, and weakened household demand, while also benefiting international card networks by eroding UPI's price advantage. The think tank also called for an independent audit of UPI's running costs.
An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.
Indian mutual funds experienced a nearly 5 per cent growth in average quarterly assets under management (QAAUM) in the second quarter of FY27, reaching approximately ~87.2 trillion, despite significant equity market turbulence and corrections in largecap and some debt segments.
A new HCLTech study reveals that 84% of global wealth management firms recognise the need to redesign their operating models for AI, yet less than 10% are prepared for the transition. The report identifies "blind spots" in ambition, execution, and strategy, hindering effective AI implementation and measurable business outcomes.
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.
Botanists have discovered a new plant species, Didymocarpus nautiyalii, in Arunachal Pradesh's Shi-Yomi district. This small herb, found in subtropical evergreen forests, features leathery leaves and bluish-purple flowers. Named after Prof Sunil Nautiyal, the species is currently assessed as Data Deficient by IUCN, prompting calls for further research and conservation efforts.
The US Department of Justice has initiated its largest denaturalisation effort in modern history, targeting 40 individuals for various serious offences, including fraud and espionage. Among those facing citizenship revocation is Balwinder Singh of California, accused of using a fraudulent identity, and Jinchao Wei, a former US Navy sailor convicted of espionage for China.
Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.
India's foreign exchange reserves decreased by $4.92 billion to $780.78 billion for the week ending September 11, primarily due to a reduction in foreign currency assets and gold reserves, as per the latest RBI data.
'There is a long set of decisions that have to be made along the way for anything to actually get actuated in the real world.'
Experts at a national symposium in Shillong discussed the role of Artificial Intelligence in tourism, emphasising that AI should support human judgment, local knowledge, and cultural values rather than replace them. Discussions highlighted the need for robust policies to address ethical concerns, safeguard livelihoods, and preserve cultural heritage while leveraging AI for innovation and sustainability in the tourism sector, particularly in Meghalaya.
Keralam police have issued a public caution against cyber fraudsters who use fake customer care numbers of banks and e-commerce platforms to deceive individuals and steal their personal and financial information. Fraudsters post fake numbers online, then contact victims posing as support agents, asking them to install remote access apps or make small payments to gain access to sensitive data.
India's services sector experienced its strongest growth in three months in September, with the HSBC India Services PMI Business Activity Index rising to 55.2, driven by a sharp increase in new orders and strengthening domestic demand.
A chargesheet filed by Pune Rural police reveals how Siya Goyal and her alleged lover Chetan Chaudhary meticulously planned the murder of realtor Ketan Agarwal. The accused reportedly researched online about past deaths at Lohagad Fort and methods to conceal evidence, including studying a 2025 death at the same location, to make Agarwal's murder appear accidental.
India has secured a spot among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, with private investment in AI more than tripling to USD 4.1 billion in 2025, according to a new World Bank report.
The chargesheet filed in the murder of DU student Muskan Sharma reveals that the accused, Imran Khan, allegedly pre-planned the attack, purchasing a knife two days prior. An accomplice, Digvijay Singh, is accused of helping Khan locate Sharma's house, waiting during the murder, and later harbouring him. Khan had allegedly threatened and stalked Sharma before the incident, and both accused are now in judicial custody.
India's Russian crude oil imports reached a five-month low in September, dropping to 1.75 million barrels per day, as Indian refiners strategically diversify their energy supplies amidst evolving geopolitical landscapes and robust domestic demand, according to ship tracking data.
India's milk supply is struggling to keep pace with rising demand as heat, fodder shortages and low animal productivity threaten dairy production.
A two-day weekend would help employees recover physically and mentally. They would return better prepared for branch work that demands patience, judgment, and accuracy, asserts Tamal Bandyopadhyay.
Microsoft has officially launched its fourth cloud region in India, located in Hyderabad, as part of its USD 20.5 billion investment in the country's digital and AI infrastructure. This new facility, which became available on August 6, features zero-water cooling technology and aims to enhance capacity and resilience for organisations in India and Asia, supporting the nation's rapid digital growth and projected increase in data centre capacity.
Economy passengers are paying more year-on-year while business travellers are paying less.
Climate scientist Tapio Schneider advocates for expanding early warning systems beyond rainfall events to include other disaster triggers like flash floods, citing the recent Nepal floods. He highlights the inevitability of 1.5 degrees Celsius global warming and discusses the role of advanced climate modelling and AI in improving predictions and research, particularly for regions like India.
A special NIA court in Mumbai has rejected the discharge plea of Atib Rashid, a key accused in the 2022 murder of Amravati pharmacist Umesh Kolhe. The court found "more than prima facie sufficient material" to proceed with the trial, citing a common conspiracy to commit the murder and evidence linking Rashid to the crime, including electronic records and CCTV footage.
India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.
As India's festive season approaches, passenger vehicle dealers are seeing a notable increase in inventories, yet discounts remain surprisingly moderate compared to previous years, signalling a tighter demand-supply balance in the automotive market.
A study suggests that targeting the brain's default mode network (DMN), which becomes active during self-reflection, could be a more effective approach to managing chronic low back pain. Researchers found that DMN activates during chronic pain flares, unlike its deactivation during acute pain, indicating chronic pain is deeply linked to one's sense of self. This finding explains why traditional symptom-based treatments often fail and points towards mind-body and psychedelic therapies.
'My biggest fear about AI is that humans are going to rush to deploy it before AI is ready.'
Shiv Sena (UBT) leader Priyanka Chaturvedi has highlighted a report indicating internal differences within the Election Commission of India, questioning why two Election Commissioners reportedly sought an appointment with the Cabinet Secretary. She alleged centralisation of power, lack of transparency in voter list processes, and raised concerns over the commissioners not signing a press release, demanding an investigation into these matters.
As many as 171 students of the Indian Institutes of Technology (IITs) died by suicide or unnatural death over the last two decades, with around 70 percent of the deaths recorded in the last 10 years, according to an IIT alumni group.
