Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.
Mumbai Cyber Police have apprehended six individuals, including an IIT graduate and a bank manager, for allegedly defrauding a senior citizen of Rs 1.12 crore through a "digital arrest" scam. The victim was coerced into transferring funds after being threatened with family arrest by impersonators.
Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.
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.
Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.
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.
The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).
Focus on a few basic topics so that you can solve medium-to-difficult questions on them, suggests MBA expert and rediffGURU Patrick Dsouza.
Sri Lankan all-rounder Sonal Dinusha, who averaged 140 in the recent Test series against India, found solace and success in cricket as an escape from financial hardship. His journey, marked by dedication and a relentless work ethic, saw him rise from a child without a bat to a national hero, with coaches highlighting his unwavering commitment to the game.
New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.
All five Indian teenagers who competed at the International Physics Olympiad 2026 won gold medals; thanks to their achievement, India shared the world No 1 ranking with China, Kazakhstan, Russia, South Korea and Taiwan.
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.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
A three-storey commercial building collapsed near Saket Metro station in south Delhi, resulting in four fatalities. Rescue operations have concluded, and an inquiry into the cause of the collapse has been initiated.
Bihar's greatest resource is not beneath its soil but above it -- its people. With a population approaching 140 million and one of India's youngest demographic profiles, Bihar possesses an asset many societies would envy, explains Bihar Governor Lieutenant General Syed Ata Hasnain (retd).
Student organisations in Malappuram, Kerala, staged protest marches to a school in Perinthalmanna following the alleged suicide of a 14-year-old boy. The boy's father alleges that teachers at the school mentally harassed him over his academic performance, leading to the tragic incident. School authorities deny the allegations.
Youth League activists clashed with police during a protest march at a dental college in Kerala over the death of a Dalit student. The protest was triggered by allegations of harassment and demands for action against faculty members.
Domestic institutional investors, on the other hand, made a net investment of Rs 1.13 trillion during this period.
'You sat for the exam. You experienced the environment -- the pressure, the time constraints, the pattern of questions, where you were strong, where you struggled. That experience is invaluable. No amount of coaching can replicate that.'
The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.
rediffGURU Patrick D'souza, CAT expert and founder of Patrick100 explains how to pick a management course and college that will boost your career.
Eighteen new-age technology firms went public during the year, a near triple increase from the five firms that debuted in 2023 and 38 per cent more than 2024's tally of 13.
Passive funds have resumed gaining ground in the mutual fund (MF) industry after a slowdown in 2024, with their share of assets under management (AUM) reaching an all-time high in 2025. The surge has been driven largely by robust inflows into gold and silver exchange-traded funds (ETFs).
He said that just as there are rules related to religious conduct in mosques and churches, there are also traditional rules in Hindu religious places.
West Bengal Chief Minister Mamata Banerjee on Thursday dramatically turned up at the residence of Indian Political Action Committee (I-PAC) chief Pratik Jain amid an ongoing Enforcement Directorate raid, alleging that the central agency was attempting to seize the Trinamool Congress's internal documents, hard disks and sensitive data linked to its election strategy.
Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.
Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.
Uttarakhand Governor approves the Uttarakhand Minority Education Bill 2025, abolishing the Madrasa Board and establishing a uniform law for all minority educational institutions.
The recent global fund flow data suggests that one big cycle of foreign fund allocation into India may have come to an end and the trend could remain soft for a longer time, according to a report by Elara Capital. The note said last week's outflow of $302 million from India's dedicated funds is the largest since June 2022.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.
'We met Gulzar sahab at his residence to honour him with the Jnanpith Award. Gulzar sahab's son-in-law Govind Sandhu, filmmaker Vishal Bhardwaj, his wife Rekha, and a few writers were present on this occasion.'
Shailesh Jejurikar has 'always made an effort to stay close to his roots.'
Bharatiya Vidya Bhavan's S P Jain Institute of Management & Research and Virginia Tech, USA, invite applications for its two-year, Post Graduate Diploma in Systems Management & Masters in Information Technology.
Bharatiya Vidya Bhavan's S P Jain Institute of Management & Research invites applications for its two-year Post-graduate Diploma in Business Management Programme
S P Jain Institute of Management & Research invites applications for its Family Managed Business Programme.
Former Delhi deputy chief minister Manish Sisodia was on Friday questioned for over three hours by the Anti-Corruption Branch (ACB) in an alleged graft case related to the construction of classrooms in government schools here, officials said.
Fuelled by the global capability centre (GCC) boom, gross leasing of office space across top eight cities soared 5 per cent to touch 21.4 million square feet (msf) in the second quarter of calendar year 2025, according to Cushman & Wakefield's Q2 India Office Market report.
rediffGURUS Aashish Sood and Patrick Dsouza will answer your queries about the upcoming CAT exam.
