UPI transactions reached 22.35 billion in April, marking a 25 per cent increase compared to April 2025. UPI now accounts for 85 per cent of all digital transactions in India and is live in eight countries.
The Indian banking sector is projected to experience a steady 9-13 per cent industrial credit growth in the first half of 2026, driven by capital expenditure, infrastructure development, and sectoral demand recovery, according to a Ficci-IBA survey.
Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.
Unified Payments Interface (UPI) transactions in India reached a record high in March, driven by increased adoption and global expansion. The system now accounts for 85% of digital transactions in India and is live in eight countries.
Unified Payments Interface (UPI) transactions in India reached a record high in March, with 22.64 billion transactions, marking a significant increase from the previous year and highlighting the growing adoption of digital payments.
Unified Payments Interface (UPI) transactions reached a record high in March, driven by festivities and the financial year closure, according to the National Payments Corporation of India (NPCI).
Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week.
India and Russia are expected to sign a bilateral mobility agreement during President Vladimir Putin's visit to New Delhi, establishing a framework for legal migration, worker protection, and expansion of skilled Indian manpower in Russia.
India's Faizan Anwar won the World Boxing Association Intercontinental Championship, defeating Russia's Khuseyn Baysangurov by a split decision after a well-fought 10-round professional bout in Dubai.
The IOC has escalated its feud with the International Boxing Association by effectively asking member countries to de-recognize national federations that remain aligned to the suspended body, a directive that the IBA lambasted as "unacceptable gaslighting".
'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'
Creditors took a haircut of around 67 per cent on their admitted claims on the realisation made till September 2025 under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code (IBC), the latest data released by the insolvency regulator showed.
On May 7, WB held its first formal meeting with the IOC which signalled the start of a formal collaboration between the two organisations aimed at establishing a pathway for boxing to remain in the Olympic Games.
The gender tests conducted by the International Boxing Association (IBA) on two female fighters at last year's world championships that led to their disqualification were illegitimate and lacked credibility
Kazakhstan's Gennady Golovkin will run as a candidate in the election for President of World Boxing, the former middleweight world champion said in a statement on Friday.
The Election Commission has directed enforcement agencies and security forces to take proactive measures during the Bihar elections to prevent the use of drugs, liquor, and cash to influence voters.
The IOC last year stripped the IBA of its status as boxing's governing body over governance issues, and took charge of the Paris 2024 boxing competition itself, but now finds itself at the centre of a row.
Amid the impending rejig in the goods and services tax (GST) rates, an association representing the country's beverages industry has appealed to the Centre to not classify aerated beverages as sin/demerit good and bring it under the 18 per cent slab while citing their "mass consumption" as a reason.
While the women scripted history, delivering India's best-ever overseas showing, the men endured a humbling low, returning without a single medal for the first time in 12 years.
USA withdrew from Russian-led International Boxing Association and is set to join the breakaway federation.
The IBA has also welcomed the presence of an IOC monitoring group, which would "see first-hand IBA's best practices regarding technical and competitions rules, specifically its heralded bout review process," the federation said.
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
Poland, Britain against allowing Russian, Belarusian athletes at Paris Games
'The publication of such rumours is intended solely to disrupt and damage my sporting and professional career.'
'I would have quit if I'd have won Paris Olympic medal'
Bank unions on Friday deferred their two-day nationwide strike beginning Monday after they received positive assurance from both the finance ministry and the IBA on their demands, including a five-day work week and adequate recruitment in all cadres. The strike call for March 24 and 25 was given by United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank employees' association.
The IBA announced in a statement on Monday it was filing a complaint with Swiss Attorney General Stefan Blatter against the International Olympic Committee, citing safety concerns over gender eligibility.
The IOC last month granted provisional recognition to World Boxing in a major step towards the sport's inclusion in the LA Games and Thursday's decision ensured the sport's Olympic presence would continue.
The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek.
A gender row involving two female boxers at the Paris 2024 Olympics was the result of a Russian fake news campaign, said International Olympic Committee (IOC) president Thomas Bach.
The IOC had stripped the IBA in 2019 of its involvement in last year's Tokyo Olympics due to governance, finance, refereeing and ethical issues. The sport was also not included in the initial programme for the 2028 Los Angeles Games.
Imane Khelif, who won Paris Olympics boxing gold amid a gender-eligibility row, is determined to defend her title at the 2028 Los Angeles Games
World Boxing was launched in 2023 and has now 78 members across five continents.
World Boxing, launched in 2023, has 55 members and is looking to fill the void left by the IBA.
Two-time Asian champion boxer Pooja Rani is contemplating a move down to the 70kg weight class as she targets a comeback for the 2028 Los Angeles Games.
The International Boxing Association (IBA) urged its national federations on Monday to join legal action in Switzerland against what it called the "abusive behaviour" of Olympic organisers.
World Boxing said Paris Olympics gold medallist Imane Khelif will not be allowed to compete until she undergoes a mandatory sex test.
Boxing's already uncertain Olympic future was thrown into further jeopardy after the sport's Asian governing body voted against leaving the suspended International Boxing Association (IBA) to join the rival association.
The number of frauds in the banking sector increased over four times in the past five years to 36,075.
Olympic medallist Vijender Singh has called for greater international exposure for Indian boxers to boost their 2028 Los Angles Games medal hopes while also urging fresh and fair elections in the BFI to strengthen its governance. He believes that more international competition and a strong federation are crucial for Indian boxers to succeed at the upcoming Olympics.
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