A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.
Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
Former Bombay High Court judge Gautam Patel has filed a police complaint after receiving anonymous death threats related to his 2024 verdict on the Dawoodi Bohra community succession row. The threats, which escalated with a letter sent to his daughter in London, demanded he retract his judgment, prompting international security measures.
Congress leader Rahul Gandhi has strongly criticised Prime Minister Narendra Modi for his silence on the deaths of three Indian seafarers in US military strikes on commercial vessels, calling Modi a 'compromised PM' who lacks the courage to confront those responsible.
Delhi Police dismantled multiple interstate cyber fraud syndicates in a month-long operation, arresting 35 and bringing 89 offenders to justice. The syndicates were involved in various scams, including digital arrest, investment fraud, and fake dating schemes, with transactions worth nearly Rs 40 crore.
The Delhi High Court has refused to direct the reopening of the CBSE's portal for the re-evaluation of Class 12 answer sheets, stating that individual students can take action if aggrieved and that reopening the portal would delay the entire result declaration process.
'...A new challenge has emerged in the form of Mythos.'
Chief Justice of India Surya Kant stated that the Supreme Court views technology as an aid to human reasoning, not a replacement, and emphasised developing "Swadeshi Jurisprudence" tailored to India's unique conditions. He highlighted efforts to create an indigenous AI ecosystem for the judiciary and stressed that AI cannot substitute human judgment, empathy, or ethical discernment.
India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.
Families of 15 of the 260 victims of last year's Air India plane crash in Ahmedabad have declined to collect the personal belongings of their loved ones, while ex-gratia payments of Rs 1 crore have been disbursed to 91 per cent of the families of the deceased.
The Consumer Affairs Ministry is developing machine-readable SMART standards using AI to reduce industry compliance burden. This initiative aims to modernise India's standards ecosystem, with the Bureau of Indian Standards transitioning from a regulator to a facilitator, promoting private sector testing and faster processes.
FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.
The Supreme Court of India has refused an urgent hearing on a plea seeking an investigation into allegations concerning fake advocates and the activities of the satirical digital outfit 'Cockroach Janta Party' (CJP), with the Chief Justice advising the petitioner not to take the issue 'so sentimentally'.
The National Commission for Women (NCW) has issued a comprehensive advisory to all states and Union Territories, recommending mandatory annual POSH audits and other measures to strengthen the implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. The advisory aims to ensure safe, inclusive, and gender-sensitive working environments for women across all sectors, emphasising institutional accountability, proper committee constitution, and robust awareness programmes.
The CJP's rapid rise on social media reflects growing digital dissent and youth frustration with issues like unemployment and exam-paper leaks.
The campaign, launched under the leadership of IYC in-charge Manish Sharma and the wing's president Uday Bhanu Chib, seeks to reclaim the term 'cockroaches', which the organisation said had been used to mock protesting youth.
PhonePe has announced it has surpassed 700 million registered users on its platform. This milestone underscores PhonePe's extensive reach in India and its diverse digital offerings in payments and financial services. The company's growth is attributed to increasing consumer trust, a strong distribution network, and a focus on user-friendly digital payment experiences.
'For every 10,000 applicants, even an additional Rs 300 to Rs 700 per candidate for testing, assessment administration and re-screening can mean Rs 30 lakh to Rs 70 lakh extra at the hiring-stage cost before training begins.'
UPI transactions reached 22.35 billion in April, marking a 25 per cent increase compared to April 2025. UPI now accounts for 85 per cent of all digital transactions in India and is live in eight countries.
TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.
Karnataka Chief Minister Siddaramaiah has called for the establishment of a Supreme Court bench in South India to improve accessibility to justice. Speaking at a conference on Artificial Intelligence in the judiciary, he also highlighted the need to address algorithmic bias and ensure judicial independence in the age of AI.
A board meeting of Tata Sons, the holding company of the Tata conglomerate, concluded in Mumbai, with discussions likely revolving around mounting losses in unlisted businesses and the future of Chairman N Chandrasekaran amid rising internal frictions.
Employers want to know that you do not just know how to use AI tools like ChatGPT or automation services. They also want to know that you understand what AI is, says Kumar Rajagopalan, vice president-strategic initiatives and country head- India at Dexian, a leading staffing solutions firm.
The Delhi High Court has refused to hear a petition seeking intervention against a protest called by the digital outfit 'Cockroach Janta Party' at Jantar Mantar on June 6. The petition raised concerns about law and order and sought crowd-control measures, alleging the group was involved in "transnational institutional destabilization."
ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.
The Delhi High Court has recognised an individual's 'right to be forgotten', ruling that search engines cannot perpetually display judicial records in name-based searches for private cases or those ending in acquittal.
Maruti Suzuki India reported a significant 147 per cent year-on-year increase in mini-car sales (Alto and S-Presso) during April-May 2026, reaching 32,341 units, driven by eased production constraints and a surge in demand for CNG vehicles amidst rising fuel prices.
The Delhi High Court has asked a review committee to examine the blocking of the Cockroach Janta Party's X account, refusing to order its immediate unblocking but allowing the party's founder to appear before the committee.
India and the US have reported positive progress in recent trade talks in Washington, agreeing to maintain engagement to finalise a bilateral trade agreement, which now requires recalibration following new US tariffs.
Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.
Zee Entertainment Enterprises Ltd (ZEEL) has announced an eight-year partnership with FIFA to broadcast all its matches, including the World Cup 2026, in the Indian market. The deal includes 39 FIFA global football events, with live coverage available on ZEEL's sports network and streaming platform ZEE5.
Hyderabad Police have dismantled a pan-India cyber fraud network, arresting 52 individuals across nine states in 'Operation Octopus 2.0'. The operation targeted bank officials, mule account holders, and middlemen involved in facilitating cyber frauds.
The Delhi Metro Rail Corporation has partnered with Airtel Payments Bank to launch co-branded RuPay National Common Mobility Cards (NCMC), enabling seamless payments across various transit networks nationwide.
Retired Judge Gautam Patel and his family, getting threatening letters over his 2024 verdict on the succession row in the Dawoodi Bohra community, have been provided police protection, the Maharashtra government on Monday told the Bombay high court.
ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
Salim Dola, a close associate of mafia kingpin Dawood Ibrahim and a key figure in his drug empire, has been deported to India from Istanbul following an intelligence operation.
Three separate trademark applications have been filed seeking rights over the name Cockroach Janata Party, official records showed.
The National Commission for Women (NCW) has summoned comedian Pranit More and web developer Himanshu Jangra following remarks made during a Gurugram stand-up show, which the commission alleges glorified sexual coercion and non-consensual conduct towards a woman.
