Axis Bank has opened 50 new branches across India, while Abakkus Mutual Fund has surpassed Rs 10,000 crore in AUM. YES Bank launched a new credit card for women, and J&K Bank partnered with HDFC Life to enhance its insurance offerings, showcasing significant growth and strategic developments in the Indian financial sector.
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.
Interim All India Tennis Association (AITA) President Chintan Parikh has accused court-appointed administrator Justice (Retd.) Gita Mittal of financial exploitation and procedural bias, alleging that her actions are draining the sports body's finances and compromising its autonomy.
One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.
The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.
...and 3 lakh for harassment.
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.
Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.
The Ram Janmabhoomi Teerth Kshetra Trust secretary, Champat Rai, has declined to provide financial details, including income, expenditure, and donations, citing an ongoing Special Investigation Team (SIT) probe. This decision follows a complaint to the Prime Minister's Office by BJP leader Rajneesh Singh, seeking transparency on the utilisation of funds for the Ram temple project.
Army, Navy and Air Force commanders received enhanced powers to address urgent operational requirements quickly.
Tamil Nadu Chief Minister C Joseph Vijay announced a comprehensive waiver of cooperative farm loans, providing full relief for loans up to Rs 75,000 and partial waivers for higher amounts, benefiting over 1.38 lakh farmers with an additional financial commitment of Rs 953.06 crore.
The Delhi government has notified detailed guidelines for the Delhi Lakshmi Yojana, outlining strict provisions for beneficiaries found ineligible, including discontinuation of financial assistance, recovery of disbursed funds, and potential fraud charges. The scheme provides Rs 2,500 monthly to eligible women, with specific rules for fund disbursement via RD/FD accounts and CBDC wallets, along with clear eligibility and exclusion criteria.
BJP national spokesperson Shehzad Poonawalla has resigned from all his party positions and primary membership, citing pressing financial and personal circumstances. He had initially offered to resign on July 30, but the party requested him to reconsider. Poonawalla confirmed his final decision on Monday, stating he would move into the private sector but continue to support Prime Minister Modi's vision.
Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.
The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.
A professor at Mahatma Basweshwar College in Latur, Maharashtra, has been suspended following findings by Marathwada University of alleged misbehaviour with women colleagues, administrative negligence, and financial irregularities. Dr Rajkumar Lakhadive faces a departmental inquiry after a preliminary investigation found him prima facie guilty.
Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan
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.
Former world No. 1 shuttler Saina Nehwal has stated that India's true measure as a 'sporting nation' will be its position in the global medals tally, not just hosting major tournaments. She highlighted the significant progress made by women in sports but emphasised the need for better financial backing, sponsorships, and comprehensive support systems including psychologists and proper coaching from an early age to nurture more champions.
A Comptroller and Auditor General (CAG) audit for 2024-25 has highlighted Indian Railways' concerning trend of repaying lease charges to its borrowing arm, IRFC, from budgetary grants instead of internal resources, alongside significant delays in safety-centric works.
If you do not insulate your retirement corpus from the true cost of modern critical care, you don't have a retirement plan -- you have a fragile strategy waiting for an expensive medical emergency to break it
Indian companies, including NBFCs, filed proposals with the RBI to raise $6.08 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in June, marking a significant increase from the previous month.
The Rajya Sabha has passed The Bankers' Books Evidence Bill, 2026, which aims to replace a British-era law and allow digital and virtual records to be admissible as evidence in courts. This legislation aligns with contemporary digital banking practices and extends a uniform evidential framework to various financial entities, including NBFCs and fintech companies. Finance Minister Nirmala Sitharaman highlighted the bill's role in strengthening public confidence and safeguarding customer privacy. The bill's passage, however, saw an Opposition walkout over unrelated issues.
The Securities and Exchange Board of India (Sebi) has proposed allowing celebrity endorsements for its regulated entities like AMCs and stock brokers, but only at the brand level, not for specific products or services, as part of a major overhaul of advertisement codes.
Keeping KYC information accurate and current should, therefore, be seen not merely as meeting a regulatory requirement, but as an important part of safeguarding one's own financial identity and safety, explains RBI Deputy Governor J Swaminathan.
The Kerala high court has set aside the Centre's decision not to renew the FCRA certificate of two NGOs, accused by central agencies of funding agitations against the Vizhinjam sea port, saying that financial support to a protest cannot be seen as diversion of foreign funds.
Tamil Nadu Governor RV Arlekar announced that the TVK regime, led by Chief Minister C Joseph Vijay, will take steps to ensure fair financial devolution from the Centre, including pursuing the matter in the Supreme Court. The government also plans to conduct a 'Social Justice Survey' and address the state's severe financial deterioration.
Gurugram police have arrested two individuals, including the alleged shooter, in connection with a firing incident in Sector 10 that injured one person and damaged vehicles. The incident reportedly stemmed from a financial dispute involving Rs 11.5 lakh.
Gujarat Deputy Chief Minister Harsh Sanghavi has launched the 'Shaktidoot 2.0' statewide sports scheme, significantly increasing financial assistance for athletes up to Rs 50 lakh. The initiative also focuses on identifying grassroots talent, supporting differently-abled players, and inaugurating sports complexes and libraries worth over Rs 388 crore. The scheme introduces a transparent, performance-based selection process and immediate aid for exceptional non-scheme players.
Vidarsa K Vinod, a 27-year-old rifle shooter from Kozhikode, has secured a spot in the Indian squad for the Aichi-Nagoya Asian Games. Her path from an NCC introduction to elite competition was marked by financial struggles, training with borrowed equipment, and overcoming setbacks like the COVID-19 pandemic. With crucial support from her family, husband, and the National Centre of Excellence, she now aims to become the World No. 1 in her sport.
A stolen mobile phone belonging to an 88-year-old man has helped the Delhi police unearth an interstate cyber-fraud syndicate allegedly operating through a three-stage network spread across Rajasthan and Uttar Pradesh, an officer said on Monday.
West Bengal police, supported by central forces, conducted a four-hour predawn raid on TMC MP Abhishek Banerjee's Kolkata residence in connection with a financial fraud case involving his aide, Sumit Roy. The operation, which Banerjee claims involved forced entry, has been denounced by the TMC as "political vendetta" and comes as Banerjee faces multiple investigations from various agencies, further escalating political tensions in the state.
Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.
The Pakistan Cricket Board has filed a petition in the Islamabad High Court against the Pakistan Information Commission's directive to disclose its confidential financial records, player contracts, and employee salary details. The PCB argues that such disclosure would harm its commercial interests and contractual negotiations, as it operates in a competitive international environment and does not receive government funding.
Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.
Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.
A parliamentary panel flagged staffing shortages at NCERT and CBSE, inadequate education spending, falling enrolment and poor internet connectivity in government schools.
Prime Minister Narendra Modi has outlined a comprehensive plan to empower India's youth, including training one crore youngsters in artificial intelligence skills and providing free online coaching for competitive examinations, aiming to position them at the forefront of the nation's journey to become a developed nation by 2047.
Student organisations across India are protesting the National Testing Agency's (NTA) decision to re-conduct the UGC-NET examinations for three subjects, citing repeated lapses that jeopardise students' academic and career plans. They are demanding the NTA be scrapped or held accountable for its failures.
A leader of the Cockroach Janta Party (CJP) on Monday gave the West Bengal government 10 days to arrest all those allegedly involved in the death of the father of a party volunteer in Bankura district and demanded a probe into the conduct of police personnel at the local police station.
