Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.
Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.
The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.
India has significantly increased its diplomatic engagements with Bhutan, Nepal, Bangladesh and the Maldives.
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Investors opening new brokerage accounts must choose a broker suited to their style.
The ongoing police investigation into the POCSO case against granite baron R Veeramani has led to the identification of multiple survivors, many of whom were minors and from economically underprivileged backgrounds when allegedly assaulted. Charges under the SC/ST (Prevention of Atrocities) Act have been added, and Veeramani has been granted three days police custody for questioning within the prison due to his age and health.
Ladakh Lieutenant Governor Vinai Kumar Saxena has approved new rules for the regularisation of 'nautor lands', granting proprietary rights to eligible landholders. This move aims to resolve a long-pending issue, provide legal certainty, and allow land to be used as a financial asset for thousands of residents in the Union Territory.
Quimcy D'Souza, a self-funded and self-coached Indian teqball player, competed at the Asian Games with the aim of popularising the sport in India. Despite narrowly missing out on two bronze medals, D'Souza views her journey as a crucial first step towards establishing teqball in the country and inspiring more athletes.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.
Mumbai experienced heavy rainfall after a prolonged dry spell, leading to waterlogging in some areas. The India Meteorological Department has warned of intense showers, thunderstorms, and gusty winds, along with forecasts for high and low tides.
'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'
In his advice to a distressed husband rediffGURU Ravi Mittal, dating coach, CEO of online dating website Quack Quack and Rebounce, a matrimony platform, explains how to address long-standing issues in a marriage.
The Supreme Court has given actor Rajpal Yadav a final two-week opportunity to present a concrete proposal for repaying an outstanding amount to a private firm, directing him to deposit Rs 2 crore with the apex court registry. This comes after a series of cheque bounce cases, with the Delhi High Court previously upholding his conviction and sentencing him to three months' imprisonment. The court noted Yadav's past conduct did not inspire confidence but granted a last chance.
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.
Property insurance premium rates are increasing by 25-30 per cent, primarily due to a reduction in discounts, following substantial claims from natural calamities like the Gujarat floods, which caused an estimated 5,000 crore in losses.
Tragedy struck two New Jersey families with Rutgers University graduates Navam Kaul and Malaika Chitre, both 24, hit by a subway train in Manhattan.
Hosts Anil Kapoor and Rohit Sharma bring their own brand of charm and humour to two new game shows that promise to make your weekends more entertaining, observes Divya Nair.
Indian Teqball player Quimcy Dsouza lost her Asian Games women's singles semifinal to Indonesia's Sumaya in a gruelling three-game match. Despite a strong start, Dsouza, a former state-level footballer, was overcome by Sumaya's sepak takraw background. Dsouza will now compete in the bronze medal playoff, aiming for a podium finish in Teqball's debut at the Asian Games.
India is grappling with significant selection dilemmas ahead of their opening T20I match against Afghanistan, particularly concerning the choice between Sanju Samson and young Vaibhav Sooryavanshi, and the potential impact of Ishan Kishan's injury scare. The series also serves as crucial preparation for the Asian Games, with India needing to finalise their bowling attack against a strong Afghan side.
India was on Friday accorded the vice presidency of the Financial Action Task Force (FATF), the global body that sets standards for combating money laundering and terrorist financing, for the first time.
Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.
A 22-year-old man was brutally stabbed 17 times in east Delhi's Mandawali area by an accused who suspected the victim was having a relationship with his sister-in-law. The main accused, Keshav Kumar, has been arrested, and police are searching for a second assailant. The victim, Vansh Dedha, was the sole earning member of his family.
Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
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.
Punjab has launched the fourth season of its state-level sports event, 'Khedan Wattan Punjab Diyan', aiming to identify and nurture sporting talent from grassroots to global levels. The event, featuring 39 disciplines and nearly 10 lakh participants, offers Rs 12.50 crore in prize money, including cash awards for veteran players for the first time. Chief Minister Bhagwant Mann inaugurated the games, highlighting the state's commitment to sports infrastructure development and financial assistance for athletes.
The Tamil Nadu government has constituted an all-women Special Investigation Team (SIT) to probe the sensational POCSO case against granite baron R Veeramani (84), who is accused of sexual abuse of minor girls. The case has led to the easing out of two top IPS officers and allegations of delayed action and political interference.
The successful hosting of the 18th BRICS summit in New Delhi has provided a significant boost to the BJP, offering a timely opportunity to strengthen its narrative against the opposition ahead of crucial assembly elections next year. BJP sources highlight the BRICS grouping's strong condemnation of the Pahalgam terror attack and the consensus declaration as major diplomatic victories for the Modi government, countering criticisms of its foreign policy. The party plans to leverage these outcomes during its month-long Seva Sankalp campaign to connect with various sections of society.
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.
The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.
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.
Ajit Agarkar has informed the BCCI he will not continue as chief selector, prompting the board to begin searching for his successor as his contract ends October 4.
Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.
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.
The 78th Primetime Emmy Awards celebrated the year's top television achievements, creating unforgettable moments.
Indian athletes at the Asian Games in Nagoya are facing significant accommodation challenges, including cramped rooms on a cruise ship and long waits for check-in. The host nation's athletes are also affected, with complaints about shared rooms and general mismanagement. Organisers have opted against a traditional Athletes Village, leading to athletes travelling long distances for training, further exacerbating the logistical issues ahead of the mega-event.
