Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.
A member must generally have completed 12 months of EPF membership to use the facility.
Former England captain Gary Lineker has urged Manchester City to admit their breaches of the Premier League's financial rules and accept their punishment, suggesting he wouldn't be surprised if they were stripped of titles.
A dispute over the income and expenditure of a Ramlila fair in Pilibhit, Uttar Pradesh, escalated into violence on Monday evening, resulting in the deaths of three people and one injury. Police have arrested the prime accused, Kaushal Gupta, following the incident in the Amariya area.
The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Monetary Policy Committee marks a shift from its August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation outlook and growth-inflation balance.
Para-shooters have accused the Paralympic Committee of India (PCI) and its Shooting Technical Committee (STC) of financial corruption, extortion, and manipulation in the selection process for the upcoming Para Asian Games. They allege demands for a 20% commission from cash awards and manipulation of quota places, while the PCI denies all charges, asserting a merit-based selection.
The Economic Offences Wing (EOW) of the Crime Branch Jammu has filed a chargesheet against two individuals, Manoj Kumar and Vikram Singh, in a financial fraud case involving over Rs 1.22 crore collected from investors in Samba district. The accused allegedly induced residents to invest in schemes from unregistered or de-registered NBFCs, promising high returns but failing to deliver.
Indian golfer Anirban Lahiri described his recent season as his 'weakest' and addressed the ongoing speculation surrounding LIV Golf. He stated that his future decisions regarding where he plays will be based on the best interests of his family and himself, urging patience as the situation is dynamic. Lahiri also shared insights into his break from golf, focusing on fitness and mental well-being, and expressed excitement about returning to play at the Delhi Golf Course.
Tata Sons Chairman N Chandrasekaran views the group's investment in semiconductors not as a short-term financial play, but as a critical long-term commitment to India's growth and self-reliance in a sector vital for domestic consumption and global supply chains.
The Supreme Court advised actor Rajpal Yadav to make good movies and entertain people to rebuild his image, as it acknowledged his payment of Rs 1.15 crore in a long-running cheque-bounce case. The court also noted a prospective buyer for his property willing to deposit Rs 85 lakh. Yadav expressed financial losses from his film 'Ata Pata Laapata' and the impact on his career.
At least 14 persons were killed and several others injured after an out-of-control truck ran over devotees gathered near the Sheetla Mata Temple in Madhya Pradesh's Gwalior late on Saturday night, breaking through a police checkpoint and damaging the temple's gate and outer wall.
India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.
Buying a policy is only the beginning. Health insurance is a long-term commitment that needs regular review as your age, health needs and family circumstances change.
India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.
Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.
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.
The Karnataka government has significantly increased cash awards for Asian Games medallists, with gold winners now receiving Rs 1 crore. Additionally, all 20 participating athletes received a Rs 5 lakh incentive. The state also announced direct recruitment opportunities for Group-B posts and a 2% reservation in government jobs for accomplished sportspersons, alongside financial support for Olympic preparation under the 'Guri: Olympics' scheme.
Jurgen Klopp has declined to comment on Manchester City's financial rules verdict, saying his respect for Pep Guardiola and their fierce Premier League rivalry is too great.
Infosys CEO Salil Parekh stated on Tuesday that the company's AI services, currently contributing over 8% of revenue, are growing rapidly and could account for almost half of its work within two to three years. He highlighted the strong demand for AI services, the company's hiring and training efforts for graduates in AI, and discussed potential risks like infrastructure challenges and societal backlash.
Life Insurance Corporation of India (LIC) is facing a thinning of its top management as Managing Director Dinesh Pant exits to join Irdai, leaving one of four MD posts vacant. This comes amidst broader staffing challenges across several public sector insurers and a headless Financial Services Institutions Bureau (FSIB).
Sonam Maskar, a silver medallist in the women's 10m air rifle team event, has expressed her ambition to secure a quota place for the 2028 Los Angeles Olympics at the upcoming ISSF World Championship in Doha. She also reflected on her journey, highlighting financial struggles and her father's support. The article also features kabaddi player Raj Rani, who won a gold medal at the Asian Games, sharing her joy and acknowledging her father's role in her success.
Erling Haaland struck twice as Manchester City edged Ipswich Town 3-2 to make it seven wins from seven in the Premier League. Chelsea beat Everton 2-0 through Pedro Neto's brace, while Liverpool rallied to defeat Brentford 2-1 after a red card turned the game.
More than 40 per cent of Cars24's sales are now linked to rural registration and transport office (RTO) locations, although procurement remains concentrated in urban markets.
A new EY India report highlights how young professionals, women wealth creators, entrepreneurs, ESOP beneficiaries, and digitally active consumers from Tier-2 and Tier-3 cities are fundamentally changing India's wealth ecosystem. This shift is evidenced by increased participation of young and women investors, a rise in disciplined investing via SIPs, and the crucial role of Digital Public Infrastructure in democratizing access to long-term wealth creation. The report predicts over 100 million new investors by 2035.
Alpine managing director Steve Nielsen, a veteran of Formula 1 since 1985, shares insights into his four-decade career, the sport's evolution from a niche interest to a global powerhouse, and the roles of Bernie Ecclestone and Liberty Media in its growth. He also discusses the potential return of the Indian Grand Prix, highlighting India's significant F1 fanbase.
The rise in loan sizes reflects both higher vehicle prices and a shift from entry-level cars to SUVs.
For the first time, co-working spaces have surpassed the IT/ITeS sector as the largest occupier of office space in India during the January-September period, indicating a significant shift towards flexible workspaces, according to Anarock Research & Advisory.
Amid the ongoing protests in the national capital, the Bharatiya Udyog Vyapar Mandal (BUVM), Delhi Pradesh, has written to Prime Minister Narendra Modi, Leader of the Opposition Rahul Gandhi and Aam Aadmi Party national convenor Arvind Kejriwal, appealing for political demonstrations in the capital to be postponed until January 31, 2027, citing the festival and wedding season.
The Government of Karnataka has called for enhanced collaboration with the BFSI and FinTech sectors to bolster its technology ecosystem and accelerate the adoption of innovative solutions. This initiative, discussed at an Industry Meet, aims to foster partnerships between government, industry, and academia, particularly through programmes like 'Government First', in preparation for the Bengaluru Tech Summit 2026.
Rohan Bopanna, India's former world number one doubles player, has been excluded from the AITA's Sportspersons of Outstanding Merit (SOM) roster. This exclusion is due to his failure to meet the mandatory one-year retirement criterion, as he announced his professional retirement on November 1, 2025, just shy of the October 16, 2026, deadline for the roster. Despite inquiring about his eligibility and receiving initial assurance, his continued participation on the Pro ATP tour until October 2025 meant he was still considered active.
The Vigilance and Anti-Corruption Bureau (VACB) in Idukki, Kerala, has registered a case against three individuals, including two former office-bearers of Adimaly Grama Panchayat, for allegedly misappropriating Rs 68.62 lakh in a goat distribution scheme meant for 2018 flood-affected people. The accused are alleged to have conspired to award a contract for goat supply to an unlicensed individual, leading to a significant financial loss to the government.
Aditya Birla Group Chairman Kumar Mangalam Birla stated on Tuesday that investments in artificial intelligence should be driven by potential returns, not by a "fear of missing out." Speaking at the 2026 Bloomberg New Economy Forum, Birla indicated that his group would adopt AI more gradually than previously planned, moving away from an "AI arms race" mentality. He also discussed the varied applications of AI across different business sectors, the challenges of capital allocation, and the impact of geopolitical events on global companies.
The Premier League resumed after the international break with Arsenal securing a 2-1 comeback victory over Leeds United. Chelsea thrashed Bournemouth 5-1, while Tottenham salvaged a late draw against Manchester United. The return of the league was overshadowed by Manchester City's alleged financial breaches, which the club denies.
India-Pakistan clashes in cricket and hockey drew big audiences at the Aichi-Nagoya Asian Games, helping fuel stronger viewership and a 20% revenue rise.
India's private sector capital expenditure is projected to reach approximately 3.2 trillion in the financial year 2026-27, up from 2.6 trillion in FY26, according to a Reserve Bank of India bulletin report, indicating sustained confidence despite global uncertainties.
'The smartphone had become my boarding pass, my digital ID, my train ticket repository, my taxi booking tool and my payment instrument,' says Brijesh Haldia
'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'
Rower Satnam Singh, who clinched a historic bronze medal in the men's double sculls at the 2026 Asian Games, stated the achievement belonged not just to him but to India's 1.4 billion people, marking the country's first medal in the event since 1951.
'We are open to all countries around the world as long as we get a fair deal, as long as we are ensured continuity in the engagement.'
Hyderabad Police Commissioner V C Sajjanar warned that replying 'NO' to unsolicited WhatsApp messages regarding unauthorised bank debits could allow fraudsters to steal your money without needing an OTP or a link.
