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.
India's automobile retail sales reached an unprecedented 24.23 lakh units in August, marking a 17.51 per cent year-on-year growth, with alternative fuels (CNG, hybrid, and electric) collectively surpassing petrol in the passenger vehicle segment for the first time.
A new study by the Council of Scientific and Industrial Research (CSIR) has developed an integrated land-use regression (iLUR) model to map environmental noise across Delhi. This innovative approach combines geographical and real-time traffic data, including vehicle counts, speeds, and honking, to provide a more accurate and cost-effective understanding of noise distribution in the city's complex urban landscape. The model aims to help authorities plan targeted measures for noise control.
State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.
Researchers from IIT Guwahati and BHU have devised an eco-friendly biological method to treat textile wastewater, specifically targeting toxic azo dyes. Their novel bacterium, 'Brevundimonas sp. AJZ05', effectively degrades 98.50 per cent of Direct Blue-6 dye, producing non-toxic byproducts, offering a sustainable alternative to conventional chemical treatments.
koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.
Union Minister Nitin Gadkari has expressed his determination to blacklist contractors and suspend officials responsible for delays and shoddy execution of infrastructure projects. He plans to personally inspect the delayed Mumbai-Goa Highway in October and urged the Goa government to develop roadside amenities and promote green initiatives along the route. Gadkari also highlighted the importance of infrastructure for economic growth and sustainable development.
The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.
IIT-Kanpur has developed an AI-powered "Family Score" system to identify households needing welfare support using existing government data. This system, demonstrated in collaboration with the Andhra Pradesh government, aims to provide a faster and more cost-effective alternative to traditional surveys for assessing socio-economic conditions and ensuring targeted welfare delivery.
Prime Minister Narendra Modi has urged the fintech sector to expand the global reach of India's Unified Payments Interface (UPI), connecting it with local systems in other countries to help the diaspora save on remittance costs.
Delhi Capitals are set to introduce a new coaching setup for IPL 2027, with Sourav Ganguly expected to take over as head coach, Chaminda Vaas as bowling coach, Yuvraj Singh as batting coach, and Amit Mishra also joining the team.
Researchers have for the first time directly visualised how two DNA molecules, despite their identical negative charges, zip together. This breakthrough, achieved using high-powered atomic force microscopy and advanced simulations, confirms the 'DNA zipper' model, revealing that positively charged metal ions act as molecular bridges to facilitate this crucial biological process. The discovery has significant implications for understanding genetic recombination, gene silencing, chromosome packaging, cancer development, and future biotechnology.
India and China are in what experts call 'a cooperation-versus-competition situation'.
Danish FA President Jesper Moller has renewed calls for FIFA President Gianni Infantino to step down, citing FIFA's refusal to answer 'critical questions' regarding its abandoned proposal to sell commercial stakes in tournaments.
Putin has issued a stark warning to European nations, declaring that any deployment of troops to Ukraine would be met with 'war with Russia'.
An IndiGo flight carrying 229 passengers from Goa to Delhi was forced to make an emergency landing back at Manohar International Airport after one of its engines failed mid-air. The aircraft landed safely, and alternative arrangements were made for the passengers.
West Bengal's Urban Development and Municipal Affairs Minister Agnimitra Pal announced that fines for spitting, littering, open defecation, and using single-use plastic bags will be enforced from Tuesday, with penalties ranging from Rs 100 to Rs 200, aiming to change public behaviour rather than generate revenue.
Pakistan fast-bowling legend Wasim Akram has voiced his disappointment over the state of the country's cricket, particularly in Test matches. He attributes the team's struggles to a significant lack of quality batting talent emerging in recent years, despite the Pakistan Super League's existence. Akram also highlighted the need to revive club cricket and maintain consistency in team selections.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
Pakistan has requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. Hockey India has rejected this demand, stating there will be no change in venue for the tournament scheduled in Mohali and Jalandhar from October 27 to November 5. Pakistan's participation remains uncertain, with potential replacements like Bangladesh and Oman being considered.
The Mamata Banerjee-led faction of the Trinamool Congress has unveiled a new logo featuring a football player as its interim election symbol. This move comes after the Election Commission froze the party's original name and symbol due to an internal dispute. The new symbol, along with the name 'Mamata All India Trinamool Congress', will be used in the upcoming October 6 bypolls, with the faction actively publicising it to familiarise voters.
Delhi Gymkhana Club members call takeover "illegal" and highlight heritage and social value.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
Prime Minister Narendra Modi has called upon the fintech industry to expand the global footprint of the Unified Payments Interface (UPI), advocating for its integration with international payment systems to reduce remittance costs for the Indian diaspora. Speaking at the Global Fintech Fest, Modi highlighted UPI's current presence in 11 countries and its connection with Singapore's local system, urging further expansion into nations with significant Indian populations or trade ties. He also stressed the need for India to set its own global payment standards and for the fintech sector to innovate beyond payments, focusing on cybersecurity, ethical data protection, and regulatory frameworks.
Tilak Varma is emerging as India's potential middle-order backup, offering left-handed batting variety and developing off-spin as selectors seek younger, flexible options ahead of the ODI World Cup.
Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
Infantino appears to have enough global support to secure re-election, forcing opponents without a credible challenger to consider shifting from defeating him to curbing presidential powers.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
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.
Denmark's football association (DBU) has declared it has lost confidence in FIFA President Gianni Infantino and will seek a credible alternative for the 2027 election, citing a 'fundamental crisis of confidence' over his aborted proposal to sell commercial stakes in FIFA tournaments.
India's current account deficit could widen to 1.7 per cent of GDP, or about $71 billion, if crude oil prices stay above $90 a barrel for a significant part of the second half of FY27.
When a student asks AI to explore an idea, challenges its response, asks for alternatives, improves the output and decides what is worth retaining, the student is practising behaviours that are central to leadership, says Jaspreet Bindra, co-founder and CEO of AI & Beyond, an organisation promoting AI literacy.
Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.
A research paper by the National Council of Applied Economic Research (NCAER) recommends that Bihar revoke its alcohol ban, citing its failure to reduce violence against women and a rise in illicit drug and alcohol consumption. The report suggests that reinstating the liquor excise tax would significantly increase state revenues and decrease enforcement costs.
Farmers under the Samyukta Kisan Morcha have initiated a week-long protest at the Chandigarh-Mohali border, demanding a minimum support price (MSP) based on the C2 plus 50 per cent formula, debt waivers, and opposing the proposed India-US trade deal, Electricity Amendment Bill, and Seed Bill. They also raised concerns about water depletion and sought resolutions based on riparian principles.
'Our research demonstrates the potential of perovskite-based semiconductor technologies for next-generation solar cells and memory devices.'
'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'
'I met with people who had their flats redeveloped. I saw this was a real human struggle.' 'People get caught in the middle between their dreams, wishes and their community.'
The Centre has assured the Delhi High Court that it will not take coercive action against the Delhi Gymkhana Club until September 16 regarding its eviction from the 27.3-acre premises. This comes as the court hears pleas challenging a show-cause notice for eviction, following the termination of the club's perpetual lease deed by the Land & Development Office. The legal battle centres on the validity of the lease termination and the jurisdiction of the estate officer.
Defender Anmol Ekka will captain the 18-member Indian men's hockey team for the AHF Junior Asia Cup in China from August 30 to September 13. The squad, training in Bengaluru under coach Frederic Soyez, recently completed an exposure tour of Belgium and is playing friendly matches against Malaysia U-21 as part of their preparations.
