FATF Vice-President Vivek Aggarwal has urged the fintech industry to increase investments to combat emerging threats from AI, scam compounds, virtual digital assets, and quantum computing. He warned that these technological challenges pose a significant risk to India's rapid growth in the fintech sector, highlighting a current lack of adequate investment and risk realisation within the industry.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
The ruling BJP has increased its lead over the Congress in the Rajasthan urban local body elections, winning 3,587 wards against Congress's 3,050. Independents also performed strongly, securing 2,024 wards. While BJP secured a clear majority in Udaipur, Congress won in Ajmer and Pali. Bharatpur, the Chief Minister's hometown, saw Independents leading. These elections are a crucial test for the Bhajanlal Sharma-led BJP government ahead of the 2028 Assembly polls.
Hundreds of people are desperately searching for missing family members and friends outside hospitals in Nepal, as devastating flash floods have killed at least 270 people and left 826, including 476 foreigners, reported missing.
The Durand Football Tournament Society has recognised 11 young footballers with the Emerging Player award, each receiving Rs 1 lakh. These players, from various teams across all six groups, impressed with their performances, showcasing promising talent and potential during the ongoing Durand Cup.
An IndiGo flight from Kolkata to Chennai declared a full emergency and landed safely at Chennai Airport after its left engine became inoperative, with 224 persons on board.
A new satirical Instagram page, 'Dimagi Naxal Party,' has emerged following Prime Minister Narendra Modi's 'dimagi Naxal' remark.
A passenger on a Kuala Lumpur-Kochi Batik Air flight was arrested for allegedly attempting to open an emergency exit, damaging a window panel, and threatening fellow passengers and cabin crew. The incident occurred mid-flight, and the accused, Jamsheer Athanikkal, faces charges under the Bharatiya Nyaya Sanhita, Aircraft Act, and Kerala Police Act.
Washington Governor Bob Ferguson declared a statewide state of emergency and burn ban Saturday morning as an unprecedented wildfire crisis gripped the region, with active blazes scorching nearly 3,000 acres.
Novak Djokovic enters the US Open with renewed hopes of a record 25th Grand Slam, boosted by Sinner's injury and Alcaraz's uncertain return, but faces Zverev.
Samsung India has launched an Innovation Campus in Karnataka, in partnership with Nrupathunga University, to train 2,000 young individuals in industry-relevant AI skills. This initiative aims to support Karnataka's goal of building an AI-native ecosystem and developing a future-ready technology workforce, expanding access to practical AI education.
An Additional Civil Judge in Etah, Aarti Maurya, suffered a heart attack while on duty at the court premises and was subsequently referred to a higher medical centre for advanced treatment.
An electrocution incident near a Ganapati pandal in Mumbai's Lalbaug area resulted in the deaths of an eight-year-old girl and another woman, with several others sustaining injuries. The tragedy occurred early Sunday amidst massive crowds during the ongoing Ganapati festival, prompting a swift response from emergency services.
Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.
Police have registered cases against senior DMK leaders A Raja, P K Sekar Babu, and Vasantham Karthikeyan for allegedly making defamatory remarks against Tamil Nadu Chief Minister C Joseph Vijay and Energy Resources and Law Minister R Nirmal Kumar during recent party protests. The controversy stems from CM Vijay's comments questioning DMK chief M K Stalin's MISA detention during the Emergency, which the DMK claims is a long-standing narrative.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily over a controversial jersey colour change and the authority to call emergent meetings. An upcoming Executive Board meeting aims to address these differences, discuss the future of the Hockey India League (HIL) including its restructuring into a joint venture, finalise election dates, and deliberate on hosting Asian Champions Trophy events.
Indian karateka Chetan Bhatt narrowly missed out on a bronze medal at the Asian Games, losing to Chinese Taipei's Meng-yu Chung by Senshu in the men's Kumite 84kg playoff after the bout ended 1-1. The Senshu rule, which awards victory to the athlete scoring the first point when a match is tied, decided the outcome.
Dr Pooja Chaudhary, consultant-obstetrics, gynaecology and laparoscopic surgery at Motherhood Hospitals, explains how you can manage your thyroid-related health problems.
Indian karateka Chetan Bhatt narrowly missed out on a bronze medal at the Asian Games, losing to Chinese Taipei's Meng-yu Chung by Senshu in the men's Kumite 84kg playoff after the bout ended 1-1.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily stemming from an unauthorised jersey colour change. An emergent Executive Board meeting has been called to address this conflict, discuss the restructuring of the Hockey India League (HIL) into a joint venture with franchises, finalise election dates, and deliberate on hosting Asian Champions Trophy events. The meeting also aims to address a show-cause notice issued to the Director General.
Kerala Chief Minister V D Satheesan announced the state's vision to become a national hub for artificial intelligence and emerging technologies, coinciding with the launch of Naviq Technology by IBS Software Group. The state government is implementing initiatives like an AI-powered dashboard, a Global Job Watch Tower, and curriculum revisions to align with technological advancements and foster skill development in AI and semiconductor sectors.
Gandhinagar's in-charge Chief Fire Officer, Rajeshkumar Patel, was arrested by the Anti-Corruption Bureau (ACB) for allegedly accepting a Rs 20,000 bribe. The bribe was demanded for issuing a Fire Safety Renewal No Objection Certificate (NOC). The ACB successfully trapped Patel after a complaint was lodged.
The fifth edition of the Women's Premier League (WPL) is scheduled from January 14 to February 7, 2027, with the player auction slated for October 28 in Kochi, the BCCI confirmed.
A doctor's driver at Kanshiram Hospital in Kanpur allegedly examined patients and wrote prescriptions while the assigned doctor was in court. A video surfaced, leading to an official inquiry by a three-member committee and the driver's subsequent removal.
An undertrial inmate, Pradeep alias Mohinder, was allegedly stabbed to death by two fellow prisoners inside Central Jail No. 10 in Delhi's Rohini. The victim sustained a neck injury and was declared brought dead at BSA Hospital. Police are investigating the incident, registering a case, and examining CCTV footage.
A Mumbai chartered accountant, Herat Salot, was allegedly defrauded of Rs 16.29 crore over nine years by an organised syndicate. The elaborate scam involved a fake US pilot training programme, fabricated FBI arrests, and other deceptive ploys. Three individuals have been arrested, while 22 others remain at large.
West Bengal has launched an Emerging Quantum and Semiconductor Technologies (EQST) section at CSIR-CGCRI to attract investments and position the state as a hub for next-generation technology. Minister Kalyan Chakraborti highlighted India's need to invest in these crucial sectors and outlined the state's plans to collaborate with institutions and leverage budget initiatives to foster research and start-ups.
Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
The Athletics Federation of India (AFI) has announced that the SRY gene test will be mandatory for all athletes participating in its approved competitions across all age categories, effective from 2027. This decision, subject to legal formalities, aligns with new World Athletics regulations for female category eligibility.
Disquiet has emerged within India's rowing camp at the Asian Games as some players claim they have been moved from their original events, with reserves taking their places. This has caused significant distress among the affected athletes just as competitions are set to begin.
DMK president M K Stalin has responded to Tamil Nadu Chief Minister C Joseph Vijay's remarks regarding MISA, recalling his severe physical abuse in prison during the Emergency. Stalin dismissed Vijay's corruption allegations as 'politically motivated lies' and clarified his arrest and harsh conditions under MISA in 1976, including the death of a colleague.
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
From his first summit appearance in Durban in 2013 to the bloc's landmark expansion and renewed diplomacy in recent years, Xi Jinping's speeches and initiatives have reflected China's evolving priorities within BRICS.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
A devastating fire on a foreign-flagged cargo ship undergoing repairs at the Qingdao Beihai shipyard in eastern China has resulted in 20 fatalities. Chinese President Xi Jinping and Premier Li Qiang have issued directives for intensified search and rescue operations, thorough investigations into the cause, and enhanced safety measures across all sectors to prevent future accidents.
Microsoft has officially launched its fourth cloud region in India, located in Hyderabad, as part of its USD 20.5 billion investment in the country's digital and AI infrastructure. This new facility, which became available on August 6, features zero-water cooling technology and aims to enhance capacity and resilience for organisations in India and Asia, supporting the nation's rapid digital growth and projected increase in data centre capacity.
Bharti Airtel's homegrown cloud platform, Airtel Cloud, has acquired approximately 40 customers within a year of its launch, with a significant portion coming from the manufacturing sector. The platform, designed for Indian companies, offers sovereign, telco-grade cloud infrastructure, connectivity, and GenAI-based provisioning, addressing the growing demand for secure, India-hosted data solutions, particularly for sensitive workloads and regulated sectors.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.
