This might lead to a further outburst, flooding downstream if left unchecked.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
Zerodha co-founder Nikhil Kamath has invested Rs 200 crore in CtrlS, a hyperscale data centre company, with entrepreneur Sreeram Reddy Vanga adding Rs 50 crore. This capital infusion will fuel CtrlS's infrastructure expansion and capacity growth across India, addressing the rising demand from enterprises and hyperscale clients driven by AI, cloud, and digital advancements.
The death toll from the Taratala warehouse collapse in south Kolkata has risen to 15, with two more bodies retrieved and two injured workers succumbing to their injuries. Rescue operations involving multiple agencies, including the Army and Indian Railways, are ongoing to find those still trapped under the debris, facing challenging and unstable conditions.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.
India's foreign exchange reserves have surged by $12.42 billion, reaching a new all-time high of $729.33 billion for the week ended August 21, driven by increases in foreign currency assets and gold reserves.
The second and final phase of urban local body elections in Rajasthan was marked by EVM-related glitches and voter issues, with a 57.38 per cent turnout recorded by 3 pm. Prominent leaders like Lok Sabha Speaker Om Birla, Chief Minister Bhajanlal Sharma, and former Chief Minister Ashok Gehlot cast their votes, while several incidents of disputes and alleged bogus voting were reported across various polling stations.
Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.
Indian equity benchmark indices Sensex and Nifty rebounded sharply in early trade, with the Sensex jumping over 530 points, tracking a broad-based rally in Asian markets after four consecutive days of decline.
The Ministry of Statistics and Programme Implementation (MoSPI) has upgraded its official data portal to be directly readable by AI models, aiming to prevent reliance on non-credible sources. This initiative includes standardising 288 priority datasets and addressing semantic interoperability challenges to improve public service delivery.
The Supreme Court is set to hear a petition seeking mandatory and uniform labelling of ethanol percentage at petrol pumps and a public database on vehicle compatibility with ethanol-blended fuel. The plea also calls for an expert committee to assess the impact of E20 fuel on vehicles, environment, and food security, and a consumer disclosure protocol.
A report by 'Voter Adhikar Manch' has revealed that the number of excluded electors in Delhi's draft electoral roll under the Special Intensive Revision (SIR) exceeded the winning margin in 68 of 70 Assembly constituencies in the 2025 polls. The audit found over 47 lakh electors marked as absent, shifted, dead, or duplicate, raising serious questions about the integrity of the electoral process and the accuracy of voter lists.
A 68-year-old Mumbai resident was defrauded of Rs 7.21 crore by cyber criminals who threatened her with false accusations of money laundering and terror funding. The fraudsters coerced her into transferring funds to bank accounts and a cryptocurrency wallet after impersonating officials from various agencies.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
Tata Motors has emerged as the biggest market-share gainer among India's leading passenger vehicle (PV) makers in the first eight months of 2026, securing the No. 2 position in the PV market.
PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.
Finance Minister Nirmala Sitharaman announced that India's real GDP grew by 7.8 per cent in the April-June quarter, surpassing the RBI's forecast. She attributed this strong performance to government reforms and agile economic management, reaffirming the government's commitment to expanding economic opportunities.
India's eway bill generation reached 139.08 million in August, marking the third-highest monthly count on record and indicating sustained momentum in goods movement and formal economic activity, according to official data.
Astronauts Anil Menon and Sophie Adenot encountered unexpected delays during a spacewalk to replace a critical space-to-ground antenna on the International Space Station. Despite successfully removing the failed antenna, they ran out of time to install the replacement, rescheduling the task for a future spacewalk. Menon, of Indian origin, and Adenot, the first French woman to spacewalk, faced challenges with tight connectors and bolting during the six-hour mission.
IIT-Roorkee, which conducted the exam this year, said that the information circulating on social media 'does not accurately reflect what happened' and alleged an attempt to spread misinformation.
Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.
Indian stock markets, including the Sensex and Nifty, experienced their third consecutive day of declines, driven by a global selloff, escalating tensions in West Asia, and a subsequent rise in crude oil prices.
The National Testing Agency (NTA) has requested the All India Council for Technical Education (AICTE) to gather data on IT infrastructure and available space from government institutions. This initiative aims to establish new testing centres for the computer-based NEET-UG examination, which is set to be implemented from 2027 following a recent paper leak and NTA's ongoing overhaul.
The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.
Indian benchmark equity indices extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.
Domestic air passenger traffic in India decreased by 4.80 per cent in July 2026 compared to the previous year, reaching 1.20 crore, with major airlines experiencing a drop in load factor, according to DGCA data. Despite the overall dip, IndiGo and Air India Group increased their market share.
The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.
Delhi Police are actively investigating the alleged gang-rape of a 16-year-old girl on a sleeper bus, mapping the vehicle's route using CCTV footage and mobile data, and uncovering multiple challans issued against the bus for violations, including operating without a permit. Forensic evidence is being processed, and the incident has drawn comparisons to the Nirbhaya case.
Amidst ongoing ethnic tensions, a new political alignment in Manipur sees Meitei and Naga groups uniting to demand an update to the National Register of Citizens with a 1951 base year, a move fiercely opposed by Kuki-Zo communities who fear it will disenfranchise them.
Adobe has announced Anil Chakravarthy as its new president and CEO, succeeding Shantanu Narayen, who will transition to executive chair. Chakravarthy, an alumnus of Banaras Hindu University and IIT, will assume the role on December 1, leading the company into an AI-driven era.
Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.
Mikel Arteta is relishing his first Premier League meeting with close friend Xabi Alonso, calling it an incredible opportunity as Arsenal host Chelsea in a clash between unbeaten sides.
China has issued a Level-IV alert due to a newly formed barrier lake at the Tibet-Nepal border, warning of a high risk of breaching and flooding downstream areas. The lake, formed at the confluence of Chhochen Khola and Purepu Tsangpo rivers, has accumulated an estimated two million cubic metres of water, with inflows expected to increase, raising concerns for areas including Gyirong Port.
Examine the complete title chain to establish how the present owner acquired the property.
Six individuals, including the alleged mastermind and a website developer, have been arrested for operating a sophisticated fake airline job racket. The fraudsters used social media ads and fake websites to solicit fees for aviation diplomas, promising jobs at Indira Gandhi International Airport, and duped numerous job seekers before being caught.
The All India Football Federation has disclosed the number of registered football players, coaches, and referees in India in response to an RTI application.
NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
Teen cybersecurity researcher alleges unauthorised access to nearly 1.8 lakh result records and 1.87 lakh admit card PDFs; institute says data was read-only and issue is being fixed.
The comparisons show where last year's cutoffs are still a usable guide and where you need to reset your expectations before Round 2.
