Grandmaster Abhijeet Gupta, frustrated by delays in receiving prize money for winning the Odisha Open, has been assured by the All India Chess Federation that the issue will be resolved and his dues cleared.
Jan Suraaj founder Prashant Kishore has accused the ruling BJP and the state government of using police to harass his party workers, alleging that over 16 leaders were detained ahead of the Bankipur Assembly by-election. Despite the alleged intimidation, Kishore expressed "200 per cent" confidence in his victory.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
The Supreme Court on Monday took note of setting up of a four-member SIT headed by IGP Kiran S to probe alleged embezzlement of donations at the Ram temple in Ayodhya and asked the Uttar Pradesh government to also include a forensic auditor in the probe team.
A new study by The Energy & Climate Initiative Society (ENCIS) predicts that AI adoption in India's power generation sector will surge from 35% to 65% by 2030, becoming a core operational capability. The study highlights that nearly seven out of ten professionals see power generation as offering the best opportunity for efficiency gains through AI, driven by India's expanding digital infrastructure and significant investments from energy giants. Predictive asset management and proactive maintenance are identified as key areas for AI application, with efficiency being the primary driver for AI investments.
The move comes amid growing demand from organisations in India for local access to Claude.
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.
Back when India moved slowly, every window seat came with a view, and every rail journey came with excess baggage - food, fears, family drama, points out Ajanta Krishnamurthy.
Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.
FIFA's proposal to create a $20 billion subsidiary for the World Cup highlights the intricate balance of power in global football, where the governing body's authority is often challenged by the significant commercial strength of UEFA, particularly in Europe.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
The Supreme Court on Tuesday agreed to hear pleas filed by a former IPS officer and two persons, who claimed to have been injured by pellet guns fired during the Cockroach Janata Party (CJP)-led students' protest on NEET paper leaks.
The Uttar Pradesh Public Works Department has declared a 3-km road passing through SP leader Azam Khan's Mohammad Ali Jauhar University campus in Rampur as a public road, erecting signboards to ensure unrestricted access. The road, built by the PWD in 2016-17, had its access restricted by the university since 2019, leading to a legal dispute that is still ongoing in the Allahabad High Court.
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.
'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.'
Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.
The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
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 Enforcement Directorate has opposed Robert Vadra's petition in the Delhi High Court, challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'
'PowerBank-50 is now space proven, made in India, and ready for every satellite builder in the world.'
For such a likeable ensemble cast, it is almost tragic how Bhai Tera Star Hai never grows funnier, notes Mayur Sanap.
FIFA plans to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to manage the World Cup and other events, offering up to 20% stakes to external investors, a move that has drawn fierce criticism from UEFA, who accused the governing body of putting the game's 'soul' up for sale.
Tamil Nadu Minister C T R Nirmal Kumar has rejected calls for an all-party meeting to discuss the ongoing Cauvery water dispute with Karnataka, citing a previously passed unanimous resolution in the Assembly. He accused DMK and Karnataka CM D K Shivakumar of working against Tamil Nadu's interests and criticised the DMK's "hasty" Supreme Court petition.
Young students are diverting their personal savings, originally intended for gadgets or college expenses, to fund their participation in the ongoing protests at Jantar Mantar, highlighting their commitment to issues affecting their future.
'The made-up stories really angered me. Forget angering me, it actually made me feel, okay, if they want to play this game, let me play along.'
...and 3 lakh for harassment.
The Enforcement Directorate (ED) has arrested Jay Kamdar, a Kolkata businessman, for alleged money laundering. The ED claims Kamdar had close ties with police officers and misused his influence in land-related matters. The investigation is linked to an alleged criminal syndicate led by Biswajit Podder.
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.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
HDFC Bank's board is actively discussing the appointment of its new managing director and chief executive officer (MD & CEO) as incumbent Sashidhar Jagdishan's three-year term concludes in October, with the Governance, Nomination and Remuneration Committee (GNRC) expected to finalise the process soon.
The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.
'But two things worked against them: People kept coming forward, and -- crucially -- these were not outsiders.'
The Enforcement Directorate conducted fresh searches against Raheja Developers as part of a money laundering investigation linked to alleged fraud with home buyers.
'The real shock is going to be from a deficient monsoon.'
A systematic withdrawal plan doesn't drain wealth, poor planning does. Ramalingam Kalirajan explains the truth behind systematic withdrawal plans
RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.
The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.
FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.
A viral Rs 370 biryani debate has reignited an age-old dating question. Should the man pay, should couples split the bill or does it depend on the situation? We asked Gen Z and dating experts.
