Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.
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.
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.
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.
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.
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.
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.
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.
Focus on a few basic topics so that you can solve medium-to-difficult questions on them, suggests MBA expert and rediffGURU Patrick Dsouza.
High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.
'There is no college that can guarantee a Rs 14 lakh per annum (LPA) package,' clarifies rediffGURU Chocko Valliappa.
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 Sports Authority of India (SAI) has signed a Memorandum of Understanding (MoU) with Japan's University of Tsukuba to facilitate specialised training and exchange programmes for Indian athletes, coaches, and sports scientists. This partnership aims to enhance cooperation in various sports-related fields and boost India's international competitiveness, especially in disciplines like athletics, archery, table tennis, swimming, and judo.
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.
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.
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.
E-Eye, which cost about Rs 3,500 to develop, can test a sample for around Rs 2, making it particularly suitable for field-level water quality monitoring in areas where access to sophisticated laboratories is limited.
The government is considering sending 'The Foreign Contribution (Regulation) Amendment Bill, 2026' to a joint committee of both houses of Parliament for further examination, even as the Congress and some other opposition parties have demanded that it be withdrawn, sources said on Tuesday.
'The prime minister has given us the task of taking at least 300 satellites to orbit in the next five to six years.'
Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
The move comes amid growing demand from organisations in India for local access to Claude.
Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.
Computer-based testing can make the examination more secure and transparent. Ensuring equal opportunities to prepare will make it fair as well. India needs both, suggests Dibyasree Ganguly.
Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.
The Union health ministry has deployed a National Joint Outbreak Response Team (NJORT) to Gujarat and Rajasthan to strengthen the response to the ongoing Chandipura Virus Disease (CHPV) outbreak.
Norwegian Football Federation (NFF) President Lise Klaveness has called for the immediate resignation of FIFA President Gianni Infantino, stating he 'does not have the institutional trust required to govern FIFA stably' and that 'there is no going back for Gianni Infantino'.
It's not about how much you earn -- it's about how you borrow and repay.
Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.
'Hydro-seismicity is a phenomenon that typically shows up during and just after the monsoon.' 'Heavy rain causes water to percolate deep into the rock, and where there are fractures, that water fills the pores and builds up what we call pore water pressure.' 'That pressure can widen existing cracks, and eventually the rock gives way -- which surfaces as tremors.'
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
The global players' union, FIFPRO, has strongly criticised FIFA President Gianni Infantino, accusing him of 'profound abuse of presidential power' following the secretive development and subsequent shelving of the 'FIFA Forward Enterprise' plan, which aimed to privatise the FIFA World Cup.
Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.
China has cancelled drone shows and suspended drone flights across several provinces following a small plane crash in Beijing that raised significant security concerns, especially near top leadership compounds. This move signals a tightening of low-altitude aviation regulations, impacting the burgeoning "low-altitude economy" and civilian drone use, with new laws classifying illegal drone use as a public security threat.
Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.
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.
The Lok Sabha has referred the contentious Foreign Contribution (Regulation) Amendment Bill, 2026, to a 31-member joint parliamentary committee for thorough scrutiny.
The United Forum of IDBI Officers & Employees has voiced "profound concern" over the Centre's reported decision to proceed with the strategic disinvestment of its controlling stake in IDBI Bank to Fairfax Financial Holdings, urging a parliamentary review of the proposed sale.
Mixed-use real estate projects, integrating residential, commercial, retail, and hospitality segments, are gaining significant traction in India as developers seek to maximise returns, optimise land use, and diversify cash flows, with experts predicting 35-40% of urban real estate supply will be mixed-use by 2030.
The HUMAIN AI Literacy Mission (HAILM) has been launched in India to integrate structured artificial intelligence education into schools nationwide. The initiative provides an age-appropriate AI curriculum for Classes 3-12, teacher training, and digital learning resources, aiming to equip students and educators with responsible AI understanding.
