The Supreme Court has issued a limited notice to the Centre, seeking clarification on whether courts can grant fair compensation under the SHANTI Act in nuclear accidents, despite liability caps. The court also questioned potential conflicts of interest in appointing members to the Atomic Energy Regulatory Body under the Act, following a plea challenging the law's constitutionality.
The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.
Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.
The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.
Cybersecurity specialists warn AI-driven attacks require continuous threat monitoring instead of periodic security checks.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
Chief ministers from southern states convened at the Southern Zonal Council meeting in Kovalam, where Karnataka CM DK Shivakumar advocated for the 1971 census as the basis for delimitation and a freeze on Lok Sabha seats, while also addressing the contentious Cauvery water and Mekedatu dam issues.
Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.
The Indian government is questioning whether Meta's recommendation systems and paid content promotion align with its status as an intermediary under the IT Act, raising concerns about the company's liability for content it actively decides to show users.
Karnataka Home Minister Priyank Kharge stated in the Legislative Council that no cases of communal riots or other crimes have been registered against the RSS. This statement, made in response to an opposition query, has sparked a political controversy, with the BJP criticising Kharge, a vocal RSS critic, for his alleged "political vendetta." Kharge, in turn, clarified that the RSS is not a registered legal entity, and therefore, cases are registered against individuals, not the organisation itself, calling for its registration for transparency.
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.
Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.
The top 500 listed companies had 860 women directors or board members overall.
A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.
Researchers at IIT Indore have developed a groundbreaking method to convert carbon dioxide and glycerol, two common waste materials, into valuable green chemicals like lactic acid and formic acid in just seven minutes. This low-energy process uses a specially designed ruthenium-based catalyst and microwave heating, offering a sustainable solution for waste management and green manufacturing.
The Supreme Court has directed the Reserve Bank of India to prepare a standard operating procedure (SOP) within four weeks to deal with bank accounts linked to cyber frauds, including mule accounts. This directive is part of a broader effort to strengthen responses to cyber-enabled financial frauds, with the court also urging states and UTs to adopt and operationalise grievance redressal and money restoration modules.
The Allahabad High Court has temporarily restrained an Arya Samaj temple in Lucknow from solemnising marriages or issuing certificates, citing serious concerns over its alleged failure to verify the legal age of couples. The court's order came during a hearing of a protection petition, where it was revealed that a petitioner's age was misrepresented in the marriage certificate despite Aadhaar card evidence. The court emphasised legal liability for those involved in underage marriages and questioned the temple's adherence to foundational values.
A delayed ITR could prompt greater scrutiny, document requests or processing delays.
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
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
The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
A Mumbai consumer court has directed Flipkart and its seller to refund over Rs 1.11 lakh to a customer who received beard growth oil instead of an Apple iPhone, and to pay an additional Rs 70,000 in compensation and litigation costs, citing "unfair trade practice" and "deficiency in service."
Meta Platforms CEO Mark Zuckerberg has issued an apology for the temporary removal of Prime Minister Narendra Modi's Facebook post, while company executives acknowledged significant content moderation failures, including issues with child sexual abuse material, deepfakes, and the paid boosting of certain content.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
The Securities and Exchange Board of India (Sebi) has introduced a comprehensive new code of conduct for its board members, significantly tightening rules on conflict of interest, disclosures, recusals, and non-permitted investments, moving from broad ethical guidelines to a more prescriptive, compliance-driven regime.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
The Supreme Court has dismissed a review petition challenging its earlier decision that no cognisable offence was made out against BJP leaders Anurag Thakur and Parvesh Verma for their alleged hate speeches during the 2020 anti-CAA protests in Delhi.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
Sheikh Mohammad Abdullah's dismissal and arrest on August 9, 1953 marked a decisive shift in the Centre-J&K power equation. Seven decades later, the erosion of the state's special constitutional position culminated in the August 5, 2019 changes, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
State-owned Bank of Baroda (BoB) has agreed to pay $600 million (about 5,700 crore) to settle litigation arising from the collapse of NMC Health, ending years of cross-border legal proceedings.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
Customers must report the fraud both to their bank and to the National Cyber Crime Reporting Portal or Helpline 1930 within five calendar days of the occurrence of the fraudulent transaction.
Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.
Tax treatment depends on the activity and manner of earning income.
