RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
Be aware of a set of costs that never appears on a college's fee page. They sit as clauses near the end of the state counselling body's prospectus and, in many states, not even there, warns Ashok Hegde, founder, neet2seat.
The All India Tennis Association (AITA) has launched a new digital platform in partnership with World Tennis Number, creating a unified ecosystem for Indian tennis. This platform will streamline registrations, tournament entries, and provide access to rankings, aiming to modernise the sport's administration and player experience.
A Delhi Judicial Services official, identified as Aman Kumar Sharma, has allegedly died by suicide in the Safdarjung area of Delhi, according to police reports.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
Brigadier Basant Kumar Ponwar (Retd), a distinguished veteran of the 1971 Indo-Pak War and the visionary behind India's modern jungle warfare strategies against Maoist insurgency, has passed away at 77. His extensive career spanned over five decades, contributing significantly to national defence through both the Indian Army and police forces, including founding the Counter Terrorism and Jungle Warfare College.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
A 26-year-old Indian-origin woman, Navneet Kaur, was shot dead in a targeted attack in Toronto, Canada. Police have arrested and charged 37-year-old Sharnjeet Singh with first-degree murder. The incident follows another recent case of an Indian-origin woman's murder in Edmonton.
After Maharashtra's crackdown on analogue paneer, here's what dietitians say about its nutritional value, health concerns and how to choose fresh paneer.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
A consumer disputes commission in Mumbai has directed National Insurance Company Ltd to pay a liquor wholesaler over 1.2 crore for stock ruined during the 2017 Mumbai floods, deeming the claim rejection 'arbitrary and unreasonable'.
Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), emphasised the importance of young or Gen Z voices leading dialogues with youth, ahead of RSS chief Mohan Bhagwat's interaction with students in Mumbai. Dipke highlighted that youth protests, including those against the NEET paper leak, have compelled leaders to engage with Gen Z. He also expressed solidarity with students protesting alleged paper leaks in Jharkhand, criticising the government's handling of the issue.
Job aspirants in Jharkhand are protesting alleged paper leaks in PSC and other recruitment exams, demanding an independent inquiry by retired high court judges from outside the state. They have lost faith in the ongoing CID investigation, citing past failures, and threaten to intensify their agitation if their demands for a CBI or independent judicial probe are not met. The protests have garnered support from various organisations, with one leader on an indefinite hunger strike.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.
Tributes have poured in for Ajinkya Rahane following his retirement from international cricket, with Rohit Sharma highlighting his 'commitment and professionalism' and Ravi Shastri praising his 'yeoman service' to Indian cricket.
The flood situation in Assam is showing signs of improvement with receding water levels, though over 6.5 lakh people across six districts remain affected and the death toll has risen to 66. Relief operations are being intensified, with central and state leaders reviewing measures and a central team assessing damages.
'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'
Malicious cyber activity has disrupted technology at water and wastewater facilities in at least seven US states, forcing utilities to revert to manual operations, with authorities actively probing whether Iranian-linked hackers are responsible.
The Centre has informed the Supreme Court that the 'creamy layer' principle, which excludes affluent individuals from reservation benefits, does not apply to Scheduled Castes (SCs) and Scheduled Tribes (STs). This stance opposes Public Interest Litigations (PILs) seeking to implement such a principle for SC/ST reservations and to direct the government to formulate policies for more equitable distribution of reservation benefits.
Protect your vehicle from the unpredictable monsoon season by understanding essential motor insurance add-ons like Engine Protect and Zero Depreciation, crucial for covering damages from floods, waterlogging, and preventing costly out-of-pocket expenses.
HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.
Former India women's hockey team captain Asunta Lakra has challenged the ethics proceedings initiated against her by Hockey India, citing procedural irregularities and questioning the Ethics Committee's jurisdiction. Lakra denied all allegations as 'false, baseless, malicious, motivated and defamatory' and is seeking full disclosure of documents before providing a detailed reply.
The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.
'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'
Prashant Kishor and Dr Jahnavi Das first met while working on a United Nations public health initiative.
Former India women's hockey captain Asunta Lakra has formally challenged the ethics proceedings initiated against her by Hockey India, citing procedural irregularities and questioning the Ethics Committee's jurisdiction. Lakra denies all allegations as "false, baseless, malicious, motivated and defamatory," and highlights issues with the committee's constitution and the incomplete documentation provided. This challenge comes amidst a broader context of sexual harassment allegations in Jharkhand hockey and institutional intimidation claims.
The US Secret Service shot an armed individual involved in a shooting incident near the White House, prompting a warning for the public to avoid the area. A juvenile bystander was also injured during the incident.
A Mehsana-based startup, Prime UAV, deployed drones to assist in the evacuation of people stranded due to floods in Dholka, Ahmedabad district. The drones provided surveillance, delivered essential supplies, and supported rescue operations in inaccessible areas, complementing efforts by local administration and the Army.
TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.
Uttar Pradesh authorities have implemented extensive security and logistical measures for the annual Kanwar Yatra, which began on Thursday and concludes on August 11. These include AI-enabled surveillance, additional security personnel, medical camps, dedicated control rooms, and traffic diversions, all aimed at ensuring a "zero incidents and zero accidents" pilgrimage for lakhs of devotees.
Selected students will receive Rs 1.5 lakh per year to cover academic expenses such as tuition fees, hostel charges, books, stationery, laptops, internet and transportation.
Rahul Gandhi recently connected with Gen Z through an engaging 'Ask Me Anything' session on Instagram, offering candid responses on student protests, his views on Prime Minister Narendra Modi, and even his philosophy on pet ownership.
Students in Jharkhand are protesting alleged irregularities in various recruitment examinations, including JPSC and JSSC. A student leader has launched an indefinite hunger strike, demanding a federal probe and cancellation of the 14th JPSC Civil Services Preliminary Examination. The Cockroach Janta Party has extended support, and a march to the Assembly is planned for August 7.
Consultant-Clinical Dietitian Sabah Ghare recommends why you must include seasonal fruits like jamun along with colourful veggies in your monsoon diet.
A shooting at a newly opened fast-food outlet in Twin Falls, Idaho, resulted in multiple deaths and injuries. The gunman is confirmed deceased, and authorities are investigating the motive and identity of the suspect. The incident highlights the ongoing issue of public shootings in the United States.
India's premier fast bowler, Jasprit Bumrah, has received clearance from the BCCI's Centre of Excellence to participate in the upcoming two-Test series against Sri Lanka. Bumrah had been recovering from an impact injury sustained during the recent ODI series against England, which forced him to miss the third ODI. His return is crucial for India's World Test Championship aspirations.
