Switzerland will host the next global AI summit in June 2027 in Geneva, aiming to establish stable processes for AI governance and promote its responsible use. Building on previous summits, including one in New Delhi, the event will focus on AI as a driver of prosperity and human-centred innovation, bringing together governments, organisations, and civil society to address global challenges.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.
An 11-year-old girl was allegedly kidnapped while sleeping beside her family on a pavement, raped and murdered in south Delhi's Mehrauli area, an official said on Tuesday.
Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.
An Indian man, Avinash Narne, has been charged with first-degree murder in the US state of Washington, almost nine months after his wife, Raajitha Sabbineni, was found dead. Prosecutors allege Narne premeditated the strangulation, staged the crime scene, and had a secret romantic relationship with another woman in India, to whom he allegedly sent photos of his wife's body.
It's absolutely okay for two partners in a relationship to be widely different in their likes and dislikes, says rediffGURU Anu Krishna.
Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
...exceeding their 49,340 crore equity selloff.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
Domestic institutional investors (DIIs), driven by the popularity of mutual funds, have emerged as significant stabilising forces for Indian capital markets amidst global volatility and foreign portfolio investment (FPI) outflows, according to Sebi whole-time member Amarjeet Singh.
Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
The Indian corporate bond market witnessed a significant surge, with companies raising nearly Rs 16,000 crore in a single day, primarily led by state-owned financial institutions and NBFCs. This strong momentum, driven by improved borrowing conditions and investor confidence, is expected to persist.
A former deputy mukhiya was allegedly shot dead at his residence in Jharkhand's West Singhbhum district, police said on Monday.
The technology startup ecosystem in India attracted $7.2 billion in funding during the first half of calendar year 2026, marking a 12 per cent year-on-year (Y-o-Y) increase. However, even as funding increased, deal count fell sharply, according to a report by market intelligence platform Tracxn.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
A 60-year-old woman and her 35-year-old daughter were brutally murdered in Odisha's Sambalpur district, allegedly due to suspicions of practising witchcraft. Police have identified a local youth as the primary suspect and are investigating the motive behind the heinous crime.
A 36-year-old woman teacher in Thane was allegedly cheated of Rs 20.44 lakh by a man who promised her a receptionist job, a post office franchise, and a house, providing fake documents for each.
Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata.
A new report indicates that UPI has become the dominant payment method for lenders, accounting for over 90% of transactions. The report also highlights trends in investment amounts, diversification strategies, and geographic participation in peer-to-peer lending.
Suicides in India have increased one-and-a-half times since 2000, with daily wage earners and family problems being the leading causes.
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...and 3 lakh for harassment.
From selling vacuum cleaners to Bollywood's poetic soul, Swanand Kirkire reveals the grit, heartbreaks, and coincidences behind his most iconic songs and life's journey.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
'Instead of shouting or picking a fight, as soon as you feel yourself getting angry, remove yourself from the situation for a while,' advises rediffGURU Ravi Mittal, CEO of online dating website Quack Quack and Rebounce, a matrimony platform.
India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.
Under the Odisha state premature release policy, prisoners whose death sentences were commuted to life imprisonment become eligible for remission after completing 25 years in prison, subject to recommendations by the Odisha State Sentence Review Board and approval by the state government. Dara Singh has now spent more than 26 years in prison.
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
A 14-year-old girl, missing for a month, has been found in Gurugram. Police have arrested a 19-year-old man from Rajasthan and charged him under the Protection of Children from Sexual Offences (POCSO) Act.
You don't need to justify your boundaries to your boss, counsels rediffGURU Ravi Mittal, CEO of the online dating website Quack Quack and Rebounce, a matrimony platform.
A forest department employee was allegedly hacked to death with an axe in the Tanda forest in Haldwani following an argument with his associate, police said.
A 23-year-old man, Aman, has been arrested in Gurugram for allegedly murdering his elder brother, Ashish, following an argument about Ashish's drinking habit. The incident occurred on May 31, and Aman confessed to striking his brother with a brick and a spade.
A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.
The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.
Delhi Chief Minister Rekha Gupta has instructed officials to ensure the transparent and timely implementation of welfare schemes announced in the budget. She also appealed to the public to take precautions during the ongoing heatwave.
