The government on Tuesday appointed C S Setty as chairman of the country's biggest lender State Bank of India (SBI) for a period of three years. Setty, currently senior most MD of the bank, will replace incumbent chairman Dinesh Kumar Khara on August 28.
'The impact of CBDC on deposits and deposit insurance is largely unknown.'
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
Uttarakhand has become the first state in India to implement the Uniform Civil Code (UCC), fulfilling a key promise made by the ruling BJP ahead of the 2022 Assembly elections. Chief Minister Pushkar Singh Dhami unveiled the UCC notification and launched a portal for mandatory online registration of marriages, divorces, and live-in relationships. The UCC aims to create equal laws for all citizens regardless of their religion, marking a historic moment in the state's legal landscape.
The 2025 Sony World Photography Awards has announced its National and Regional Award winners, celebrating talent from 56 countries.
The income tax department has allowed non-resident taxpayers not having PAN to file Form 10F manually till March 31, 2023, a move which would ease their compliance burden and enable them to claim lower TDS rate. The Central Board of Direct Taxes (CBDT) had in July made it mandatory for non-resident taxpayers to file Form 10F electronically to claim benefit of lower Tax Deducted at Source (TDS). However, taxpayers faced problems in electronic filing of the form as the income tax portal did not allow a taxpayer who does not have a Permanent Account Number (PAN) to file Form 10F.
Shubman Gill's fluent century and a clinical performance from their bowlers helped India trounce England by 142 runs in the third and final ODI on Wednesday, to complete a 3-0 series sweep.
Disney Star won the coveted IPL Indian sub-continent TV rights for a whopping Rs 23,575 crore, while Viacom18 grabbed the digital rights with a bid of Rs 20,500 crore at the media rights auction on Monday.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
The Enforcement Directorate on Friday claimed before a Delhi court that Aam Aadmi Party leader and former deputy chief minister Manish Sisodia was involved in "large scale destruction of digital evidence to impede investigation" into the Delhi excise policy case and had changed and destroyed 14 phones.
Busy daters will use AI tools to save time and avoid awkward conversations. Two in 10 daters turn to AI for unbiased relationship advice, predicts rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating Web site.
Sources in the PCB yesterday said the trophy tour was planned in consultation and with the approval of the ICC and it was not a unilateral decision of the PCB.
A study published in the journal Environment and Planning F has revealed that cameras and drones originally intended for conservation activities in Corbett National Park are being misused by local government officials and men to surveil women without consent. The study, conducted by researchers from the University of Cambridge, found that forest rangers intentionally flew drones over local women to scare them and prevent them from collecting natural resources, despite their legal right to do so. The researchers argue that these technologies, deployed under the guise of wildlife monitoring, are being used to intimidate and exert power over women, invading their privacy and altering their behavior in the forest. This has had a negative impact on women's mental health, with one woman interviewed for the study being killed in a tiger attack.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
Key players, such as pacer Mitchell Starc, are hitting form at the right time, while star batter Steve Smith is facing early setbacks in his preparations.
Mayank Agarawal's unbeaten 139 took Karnataka over the line against Punjab by one wicket,
Coal-to-airports conglomerate Adani group is set to make a splash in the tech world. The group is considering the creation of customised artificial intelligence (AI) models for commercial prospects and consolidating digital services on a super app, according to people in the know. The Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce and digital payments, according to a Financial Times report.
Adani group will invest more than $100 billion (around Rs 8,340 crore) in energy transition projects and manufacturing capability to produce every major component required for green energy generation, its chairman said on Wednesday. Besides building solar parks to produce electricity from sunlight and wind farms that do the same from wind, the conglomerate is building major facilities to manufacture electrolyzers for making green hydrogen, wind power turbines and solar panels.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
The BJP and Congress have called out the 'Delhi model' as a hoax, built on sustained propaganda when the ground reality is different.
One reason why volumes have not increased in the retail segment is that users are not aware of merchants who accept digital currency.
The RTI also sought the details of the fees paid by the SBI to senior advocate Harish Salve to defend its case against the disclosure of the electoral bonds' records, citing that the records are held in a fiduciary capacity and the information is personal in nature.
the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.
The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) have intensified their investigations against Gaurav Mehta, a suspect in a Bitcoin Ponzi scam, following allegations that politicians may have been involved in using cryptocurrency to influence Maharashtra assembly polls. The ED searched Mehta's residence in Raipur and seized computers and digital devices. The CBI summoned him to appear before investigators. The ED is probing Mehta's potential links to politicians, politically exposed persons, and bureaucrats as part of its money laundering probe. The allegations came after BJP released purported voice notes suggesting that Congress and NCP leaders were attempting to use cryptocurrency for election campaigning. Both parties denied the claims, calling the voice notes fake.
The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.
From Vijay saving the day yet again to Vikramaditya Motwane's latest offering, here's everything you can watch on OTT this week.
England's aggressive approach will help when they face spin-friendly conditions in Pakistan during their Test series in October, the country's former bowler Stuart Broad has said.
Finance Minister Nirmala Sitharaman on Tuesday participated in a traditional 'halwa' ceremony, marking the final stage for preparation of Union Budget 2024-25 to be unveiled on July 23 in Lok Sabha. The ceremony is a ritual in which traditional dessert 'halwa' is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the Budget.
All complaints were forwarded to the state-level grievance redressal committee, which was formed by the state government on Tuesday evening after agitation by junior doctors who are currently on a "total cease work".
Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.
Yahoo has shut down its news websites in India due the new foreign direct investment (FDI) rules that limit foreign ownership of media companies that operate and publish digital content in India.
'If machines (EVMs) are so reliable, if our electoral system is so reliable, then why has the Election Commission so far not even responded to an ADR plea to share data of 79 (Lok Sabha) constituencies where there's a (alleged) dispute?'
The sources said Twitter has not sent details of Chief Compliance Officer to the ministry and only shared details of a lawyer working in a law firm in India as their Nodal Contact Person and Grievance Officer.
Raghav Himatsingka, co-founder, Raising Superstars, explains how simple activities can help improve your child's cognitive skills and critical thinking.
Despite scoring just single digits in his first three matches of the T20 World Cup, Virat Kohli remains a key player for India, according to batting coach Vikram Rathour.
President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.
As the job markets open up, top IT services firms may look at a tiered strategy in which they hire entry-level talents at higher salaries, amid a major technological shift, say HR analysts.
The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.
India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.
New Delhi and Washington have agreed to count the benefits of a global agreement on taxation from the next financial year. However, the benefits would actually accrue once the global pact comes into effect or March 31, 2024, whichever is earlier, in the form of credit.
