The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
'Why not aspire for 8 or 9 or even 10 per cent?'
Union Steel Minister HD Kumaraswamy has urged the Indian steel industry to adopt advanced technologies like AI, Machine Learning, and IoT to enhance global competitiveness and productivity. Speaking at a Chintan Shivir, he highlighted that digitalisation is crucial for achieving ambitious steel capacity targets by 2035 and addressing challenges such as operational efficiency, decarbonisation, and export competitiveness. The minister also emphasised how technology can improve safety and reduce downtime in steel plants.
Ben Duckett led England's reply with a brisk counterattack as the hosts reached 73 for 1 at tea on Day 2 of the third Test against New Zealand at Trent Bridge on Friday, responding to the tourists' 438.
'It shows that access to these technologies cannot be taken for granted.'
A fire in a five-storey residential building in southeast Delhi's Govindpuri area resulted in three fatalities and two critical injuries. Eight people were rescued, and an electrical short circuit is suspected as the cause.
ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.
Scientists at IIT Mandi have identified the cellular signature of anaesthesia in plants, a discovery that challenges conventional understanding of consciousness. Their research shows plants respond to anaesthetics in a synchronised manner, reorganising cellular nuclei despite lacking a brain or nervous system, suggesting a more sentient nature than previously believed and resonating with ancient Indian philosophical thought.
Humpy settles for bronze after coming close to World Rapid title; Erigaisi finishes third
Infosys co-founder Nandan Nilekani stated that artificial intelligence will amplify, not replace, IT firms, projecting a massive USD 400 billion AI-first services opportunity by 2030. Addressing shareholders, he highlighted Infosys's readiness to help clients navigate enterprise AI complexities and capitalise on the structural shift in technology.
The match ball from Argentina's 1986 World Cup quarterfinal against England - made famous by Diego Maradona's "Hand of God" goal - is set to go up for auction with a $2.5-million opening bid, Heritage Auctions said.
India's preparations for the Ireland T20Is were briefly disrupted by practice facility issues in Belfast, but teenage sensation Vaibhav Sooryavanshi stole the spotlight with an impressive first net session that sparked excitement among local Indian fans.
If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
First responders and eyewitnesses vividly recall the horrific Ahmedabad Air India crash a year later, describing an inferno exceeding 1,000 degrees Celsius that melted boots and aircraft parts, and the heart-wrenching retrieval of a pregnant woman's charred body amidst the chaos.
GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).
Gujarat Chief Minister Bhupendra Patel expressed optimism about the state securing hosting rights for the World Athletics Championship 2031 after meeting a delegation from the international governing body. The delegation is assessing Gujarat's sports infrastructure and readiness for both the 2028 U20 Championships and the 2031 senior championships, highlighting the state's growing ambition to host major global sporting events.
Japan's national football team, the Samurai Blue, faces Brazil in a crucial World Cup last-32 match. This encounter holds deep significance due to Brazil's profound influence on Japanese professional football, particularly through the J-League and the presence of numerous Brazilian players and coaches over the decades. Despite past successes against Brazil, including a recent friendly win, this World Cup clash represents a major test for Japan's ambitions.
The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.
Your children may always love you but should you expect them to to finance your retirement in today's economy?
Tashi Network and DroneVerse successfully conducted a live drone swarm field trial in Delhi, demonstrating advanced autonomous capabilities for defence and internal security. The trial showcased decentralised mesh technology, allowing drone swarms to maintain mission coherence even with communication disruptions, marking a significant step towards India's technological sovereignty in autonomous warfare.
The grieving parents of Sarthak Mattoo, who died in an alleged hit-and-run incident in southwest Delhi, have made an emotional video appeal for justice, questioning the pace of the police investigation and demanding strict action against those responsible.
At an aggressive starting price of 18.79 lakh, the Tata Sierra.ev has a real-world range of 510 to 530 km with the 75 kWh battery pack on a single charge while the smaller 63 kWh battery coughs out a real-world range of 440 to 460 km, plus lifetime battery warranty as standard. And with the intelligent Quad-Wheel Drive system pushing out 504 Nm of torque, the EV flies from 0 to 100 km/h in just 5.8 seconds, says Rajesh Karkera.
A recent survey reveals that Artificial Intelligence is becoming a central focus in human resource management, with a majority of professionals identifying it as a top priority for improving efficiency, reducing costs, and optimising workforce planning across various HR functions.
Wimbledon begins June 29 with Serena Williams returning after four years, Novak Djokovic chasing a 25th Slam, and a reshaped field after Carlos Alcaraz's injury.
As India awaits Vaibhav Sooryavanshi's senior debut, experts urge cricket to remember the 15-year-old is still a child, highlighting the challenges of balancing extraordinary talent, growing fame and emotional well-being.
Over 700 doctors in Telangana have collectively lost nearly Rs 30 crore to various cyber frauds since September 2024, prompting the Telangana Cyber Security Bureau to hold an awareness meeting for healthcare professionals. Business and investment frauds accounted for the largest share of losses.
A devastating fire in the Intensive Care Unit (ICU) of Prasad Hospital in Muzaffarpur, Bihar, has resulted in the deaths of at least three people. The blaze, suspected to be caused by a short circuit, rapidly spread, affecting 13-15 patients who were subsequently shifted. Authorities have brought the fire under control and initiated an inquiry, with concerns that the casualty toll might increase.
Himanshu Dhillon secured a dramatic last-shot victory in the men's 10m air rifle at the T4 national selection trials. Deeksha Vaishya won the women's air rifle, and Suraj Sharma topped the men's 25m rapid-fire pistol event, with these results impacting national rankings and Asian Games team selections.
15-year-old batting prodigy Vaibhav Sooryavanshi has received his first call-up to the Indian national cricket team for the upcoming T20I series against Ireland and England, following a stellar IPL 2026 season and an impressive U19 World Cup performance.
Apple has increased the starting prices of MacBook and iPad models by 20-42 per cent compared to their launch prices across the globe, including India, mainly due to higher memory chip costs. The new price list on Apple India's website shows that the company has increased the price of the MacBook Pro built on the M5 series chip by about 20 per cent.
Four individuals, including a 17-year-old girl, have been apprehended for their alleged involvement in a deadly fire in Govindpuri, Delhi, which killed three family members and injured eight others. The fire was reportedly set deliberately to "teach a lesson" to a resident over an Rs 80,000 monetary dispute, with the intention of burning his scooter, but it tragically spread throughout the building. CCTV footage was crucial in identifying the suspects and confirming the incident as arson.
The Union Cycliste Internationale (UCI) has pledged its full support to establish the Pune Grand Tour as the world's fourth Grand Tour, aiming to transform it into a leading global sports tourism destination. The UCI praised the event's quality, crowd discipline, and rapid execution, committing expertise for its long-term growth and grassroots cycling development in India.
Union Minister Ashwini Vaishnaw indicates India may require a new legal framework for Artificial Intelligence, as the current IT law predates AI's rapid emergence. The government aims to balance innovation with regulation, engaging with the industry to ensure citizen safety while fostering technological growth.
Delhi Traffic Police is implementing an AI-based traffic management and route-mapping system to ensure quicker movement of emergency vehicles like ambulances and fire tenders. This initiative aims to reduce response times during crises, addressing concerns raised after incidents where traffic congestion delayed emergency services. The system will identify high-traffic zones, suggest the fastest routes, and involve coordinated efforts with fire departments and additional police deployment.
Teenager Pritam Kendre won a gold medal in the men's 10m air rifle at the ISSF Junior World Championship in Suhl, Germany, contributing to India's growing medal tally of 11, including five golds. India also secured a bronze in the women's 25m pistol team event, showcasing strong performances from its young shooting contingent.
India's men's volleyball team achieved an unbeaten run to the AVC Men's Volleyball Cup semi-finals, propelling them to World No. 42. Head coach Dragan Mihailovic attributes this success to discipline and a structured system but stresses the need for consistent international exposure, longer national camps, and a robust development pathway to sustain and build upon this momentum, especially amidst administrative uncertainty in Indian volleyball.
Gujarat's Director General of Police Gyanendra Singh Malik describes the devastating Air India crash in Ahmedabad a year ago, which killed 260 people, as the 'most painful' chapter of his career, highlighting the unprecedented speed of the emergency response and DNA identification process.
A devastating fire in a five-storey residential building in southeast Delhi's Govindpuri claimed the lives of three family members and critically injured two others. Residents resorted to desperate measures, including climbing out of windows with the help of sarees and shouting for help from the rooftop, as thick smoke and flames engulfed the structure.
Indian oil-marketing companies (OMCs) have incurred LPG underrecoveries of approximately Rs 22,000 crore between March and May 2026, as domestic cooking gas prices failed to keep pace with surging international rates exacerbated by the West Asia crisis, according to a Crisil report.
Lionel Messi, widely regarded as one of football's greatest players, celebrated his 39th birthday. The article chronicles his journey from humble beginnings in Rosario to becoming a global superstar, highlighting his unparalleled success at Barcelona, his international triumphs with Argentina including the 2022 World Cup, his individual accolades like eight Ballon d'Or awards, and his current impact with Inter Miami, cementing his legacy as a record-breaking legend.
