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.
Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.
The initial public offer (IPO) of SBI Funds Management Ltd was fully subscribed on the second day of bidding, receiving bids for 1.17 times the shares on offer, with strong interest from non-institutional investors and anchor investors.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
Four individuals, including a student, were injured when a sound box system collapsed during the pre-release event for actor Yash's film 'Toxic' at Malla Reddy University in Hyderabad. The incident occurred after attendees climbed the structure, leading to a police case against the event organisers and university management.
The Maharashtra government has declared snakebite a notifiable disease, mandating all healthcare providers to report cases and deaths. This move aims to strengthen monitoring, ensure timely treatment, and improve anti-snake venom availability, following a tragic incident where tribal schoolgirls died from snakebites.
The Allahabad high court has dismissed a petition filed by a minor student of a school in Prayagraj. The petitioner had sought permission to wear a hijab additionally along with the prescribed school dress code while attending classes.
If you appeared for the exams, you can now check your subject-wise marks statement directly by logging into the official portal at icsi.edu.
OpenAI has appointed Prabhjeet Singh as its Managing Director for India, a key market for the AI company. Singh, formerly President of Uber India and South Asia, will oversee consumer growth, enterprise adoption, partnerships, and regulatory engagement, reinforcing OpenAI's commitment to India's rapidly expanding AI ecosystem.
Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
'The incumbent matters. It matters a lot. If a person sitting on top is good, then he can achieve a lot. And if he is bad, you see what can happen.'
High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.
A private school in Gonda, Uttar Pradesh, has been sealed by the Basic Education Department after a video showing Hindu girl students in burqas dancing at an Independence Day event went viral. An inquiry revealed the school was operating without official recognition.
India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.
As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.
Six individuals, including the alleged mastermind and a website developer, have been arrested for operating a sophisticated fake airline job racket. The fraudsters used social media ads and fake websites to solicit fees for aviation diplomas, promising jobs at Indira Gandhi International Airport, and duped numerous job seekers before being caught.
Former Australian cricketer Will Pucovski has initiated legal proceedings against his former school, Brighton Grammar, alleging that the institution failed to adhere to proper concussion protocols after he sustained a head injury during a football training session in 2014. His lawyers claim this incident led to a traumatic brain injury, making him vulnerable to subsequent concussions and ultimately forcing his early retirement from professional cricket at age 27.
The Shri Ram Janmbhoomi Teerth Kshetra Trust has completed interviews for its first full-time CEO, focusing on professional experience, vision, and management capabilities rather than personal beliefs or practices. The selection process involved multiple rounds, culminating in face-to-face interactions with 16 top candidates.
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
Researchers at IIT-ISM Dhanbad have been granted an Indian patent for an electrochemical reactor designed to recover copper from industrial wastewater. This innovative technology offers an environmentally sustainable solution for resource recovery and wastewater treatment, particularly benefiting the mining and metallurgical sectors.
The overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.
Fintech firm PhonePe has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. This collaboration aims to provide granular, hyperlocal insights for national infrastructure planning, economic analysis, and holistic urban and rural development.
'There is no college that can guarantee a Rs 14 lakh per annum (LPA) package,' clarifies rediffGURU Chocko Valliappa.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
The Supreme Court of India has stated that religious institutions must have structure and norms for their functioning, emphasising that the right to manage a religious institution does not imply an absence of order.
Chief Justice of India Surya Kant urged national law universities to proactively lead the integration of technology into the legal system, rather than merely reacting to changes. Speaking at a conclave, he stressed the importance of incorporating academic integrity and responsible AI use into the curriculum, rejecting outright bans on generative AI. The CJI highlighted that law schools must prepare graduates to critically engage with technological tools, ensuring justice, fairness, and human judgment remain central to the evolving legal landscape.
The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.
'ChatGPT for Teens brings together learning and safety features in one unified experience, supporting active, collaborative learning outside the classroom while enabling more intentional and age-appropriate use of AI.'
An education baron from Jalgaon district in Maharashtra, associated with the Bharatiya Janata Party, has been arrested in connection with the alleged Shalarth ID scam, which involves creating fake identities of teachers on a government portal and withdrawing salaries in their names.
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.
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.
YR Sadashiva Reddy, Co-Chairman of the Bar Council of India (BCI), has called for the immediate resignation of BCI Chairman Manan Kumar Mishra, citing alleged irregularities in appointments, diversion of Council funds, financial dealings with law colleges, and other governance issues. Mishra has dismissed the allegations as 'baseless'.
The Tamil Nadu Assembly has adopted crucial resolutions against the National Eligibility cum Entrance Test (NEET) and the Foreign Contribution (Regulation) Amendment Bill, 2026, with the lone BJP member opposing both.
Karnataka Chief Minister D K Shivakumar met with AI major Anthropic to discuss a long-term partnership aimed at accelerating AI adoption across governance, education, healthcare, research, and the state's startup ecosystem. The collaboration focuses on deploying AI solutions responsibly, ensuring data privacy, and developing AI-focused skilling programmes and an AI University.
'The prime minister has given us the task of taking at least 300 satellites to orbit in the next five to six years.'
'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'
In a highly sensitive and time-bound mission, a live donor heart was successfully transported aboard a Vande Bharat train from Surat to Ahmedabad on Friday for transplantation at a prominent cardiac teaching hospital in Gujarat's commercial capital.
Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.
