IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
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.
Students who missed out on securing a seat through the CAP can now apply for master of management studies 2026-27 at WeSchool, Mumbai.
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.
Prof Ajit Kumar Chaturvedi, Vice-Chancellor of Banaras Hindu University, highlighted Artificial Intelligence's transformative potential in healthcare, emphasising its role in augmenting doctors' capabilities and enhancing efficiency. Speaking at PGIMER's Foundation Day, he stressed the need for India to develop AI solutions tailored to its unique healthcare realities, moving beyond being a mere consumer of Western-trained systems. PGIMER Director Vivek Lal also detailed the institute's expansion and commitment to affordable healthcare.
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
Adobe has announced Anil Chakravarthy as its new president and CEO, succeeding Shantanu Narayen, who will transition to executive chair. Chakravarthy, an alumnus of Banaras Hindu University and IIT, will assume the role on December 1, leading the company into an AI-driven era.
rediffGURU Nagarajan JSK, a career counsellor with over 30 years of experience, addressed readers' queries and offered practical advice on how to make the right decision.
Researchers have developed a new AI model that can monitor satellites and detect anomalies in their behaviour, significantly reducing the risk of in-orbit collisions. This tool, part of the AI4 Space Safety and Sustainability project, learns from satellite light reflections to predict motion and identify unusual activity, crucial for managing the increasingly crowded space environment.
The UP Scholarship, officially known as the Uttar Pradesh Scholarship and Fee Reimbursement Scheme, provides financial assistance to students from Classes 9 to 12 as well as those pursuing graduation, post-graduation, diploma and other post-matric courses.
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
A 50-year-old multi-storey building in Delhi's Satya Niketan area collapsed, resulting in six deaths and 11 rescues. The incident occurred during repair work, prompting a police case against the building owner and a magisterial inquiry.
India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
'Now the institutions which have the might of law invested in them think that whatever they do is right.'
A rocket designed and developed by ISRO is being transferred to industry for production.
Nine ISRO associations want to know whether this is simply an effort to expand India's industrial capacity or part of a larger policy under which ISRO itself will eventually withdraw from rocket manufacturing.
Some see in the CJP the potential of weakening the Opposition. Hence the BJP/RSS's 'softly softly catchee monkey' approach, with co-option being the ultimate aim, points out Aditi Phadnis.
India and China are in what experts call 'a cooperation-versus-competition situation'.
Chief Justice of India Surya Kant stated that while artificial intelligence (AI) can augment judicial reasoning, it cannot substitute judicial conscience, and a permanent apex body is proposed to supervise AI adoption and accountability within the judiciary.
IICT and Netflix are offering scholarships to 100 students and working professionals, with up to 80 per cent financial support for courses in animation, VFX, gaming and creative technologies.
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.
PTI Editor-in-Chief Vijay Joshi emphasised that democracy thrives on citizens who question everything, not those who blindly believe or disbelieve. Speaking at 'Media Conclave 2026', he highlighted the challenges posed by social media, the focus on speed over verification, and AI-generated fake content, stressing the importance of media credibility for informed decision-making.
"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."
China on Monday dismissed claims linking its massive hydropower projects in Tibet to the August 26 flash flood disaster in Nepal, calling them "malicious speculation".
The Shri Ram Janmbhoomi Teerth Kshetra Trust is set to appoint its first full-time CEO from a shortlist of three candidates, chosen from over 5,500 applicants. The Trust is also discussing filling three vacant trustee posts, amending the Trust deed, and addressing administrative matters, including financial affairs and security coordination, following a recent controversy over alleged temple donation embezzlement.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
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.
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.
Sikkim has identified 40 high-hazard glacial lakes, with 16 at the highest risk of catastrophic outbursts. Following a devastating GLOF in 2023, the state is developing India's first dedicated GLOF Risk Mitigation Protocol, using advanced monitoring and interdisciplinary approaches to protect downstream settlements and serve as a model for other Himalayan regions.
A preliminary government report reveals that devastating flash floods in Nepal have affected over 32,000 people, caused 1,295 deaths, and severely damaged infrastructure including roads, bridges, schools, and healthcare facilities. Senior Nepali Congress leader Arjun Narsing KC has criticised the government's coordination of rescue and relief operations and called for international action on climate justice.
Southern chief ministers fear population stabilisation could reduce their parliamentary representation and tax devolution benefits.
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.
Air Marshal (retd) Jeetendra Mishra has been appointed as the first Chief Executive Officer (CEO) of the Shri Ram Janmbhoomi Teerth Kshetra Trust. His selection follows a rigorous process and comes amidst a recent controversy regarding alleged embezzlement of temple donations.
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.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
A five-storey boys' paying guest (PG) accommodation in Satya Niketan, South Delhi, collapsed, resulting in one fatality and trapping several individuals. Rescue operations are ongoing in the congested area, with locals citing ongoing basement construction and the building's age as potential factors.
