The Supreme Court has directed the Reserve Bank of India to prepare a standard operating procedure (SOP) within four weeks to deal with bank accounts linked to cyber frauds, including mule accounts. This directive is part of a broader effort to strengthen responses to cyber-enabled financial frauds, with the court also urging states and UTs to adopt and operationalise grievance redressal and money restoration modules.
'At the end of the day, it is just another technology produced by the human mind.'
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
Procter & Gamble has announced the appointment of its India-born President and CEO, Shailesh Jejurikar, as the Chairman, effective August 1, 2026. He will succeed Jon Moeller, who is set to retire. Jejurikar, an IIM Lucknow alumnus, has been with P&G since 1989 and has held various senior leadership roles.
Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
The Centre on Tuesday told the Supreme Court that it has constituted a high-powered committee headed by the director general of health services (DGHS) to formulate a mechanism for conducting a comprehensive audit of the existing system of admission through the NEET-PG examination.
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.
Hiroshima Day is observed on August 6. On that day, the United States B-29 bomber Enola Gay dropped the atomic bomb over the city of Hiroshima on May 6, 1945 changing the course of history.
Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.
Uttar Pradesh Chief Minister Yogi Adityanath has accused anti-India forces of using social media to spread rumours and mislead society, calling it a 'medium' for conspiracies against the country. He also criticised the alleged historical neglect of Indian revolutionaries in favour of one political family.
Flipkart-backed Scapic Innovations, operating as super.money, has launched splitStore, a credit-linked e-commerce platform targeting Gen Z. It allows customers to split payments into interest-free installments, with the goal of contributing 20% to total revenue by December and transforming how India shops by providing instant access to products for new-to-credit users.
The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.
The Supreme Court has sought responses from the Centre and several states on a plea demanding a comprehensive national Standard Operating Procedure (SOP) for the safe and orderly conduct of the annual Kanwar Yatra, including inter-state coordination and effective traffic management.
Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.
Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.
Doctors attribute the rise in male infertility to obesity, diabetes, smoking, chronic stress, inadequate sleep and sedentary lifestyles.
A Mumbai consumer court has directed Flipkart and its seller to refund over Rs 1.11 lakh to a customer who received beard growth oil instead of an Apple iPhone, and to pay an additional Rs 70,000 in compensation and litigation costs, citing "unfair trade practice" and "deficiency in service."
'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'
Indian benchmark indices Sensex and Nifty recorded sharp gains, rising over 1 per cent, driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows, despite mixed global cues and elevated crude oil prices.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
The United States has launched a fresh wave of airstrikes against Iran's Islamic Revolutionary Guard Corps (IRGC) in response to a deadly attack in Jordan that claimed the lives of two American service members, aiming to curb Tehran's maritime threats.
As the agitation over alleged irregularities in Jharkhand recruitment examinations entered its 14th day, talks between the state government and student protesters on Friday failed to break the deadlock, with students deciding to continue their protest and hunger strike until their demands, including cancellation of the 14th JPSC examination, are met.
Tata Steel has confirmed that Jamshedpur FC will honour all existing player contracts and assist footballers in finding new clubs following its withdrawal from the Indian Super League. The company also clarified that its commitment to grassroots football and youth development in Jamshedpur remains strong, with no plans to relocate the club's operations.
The BCCI has thanked assistant coach Ryan ten Doeschate and fielding coach T Dilip after the duo's successful stints with Team India came to an end, acknowledging their behind-the-scenes role in the team's achievements.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
Fans, former teammates, and opponents gathered in Milan to bid farewell to Franco Baresi, the iconic AC Milan and Italy defender who passed away at 66. Baresi, a legendary figure in Italian football, was remembered for his illustrious 20-year career with AC Milan and his contributions to the Italian national team.
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
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.
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
Be aware of a set of costs that never appears on a college's fee page. They sit as clauses near the end of the state counselling body's prospectus and, in many states, not even there, warns Ashok Hegde, founder, neet2seat.
The All India Tennis Association (AITA) has launched a new digital platform in partnership with World Tennis Number, creating a unified ecosystem for Indian tennis. This platform will streamline registrations, tournament entries, and provide access to rankings, aiming to modernise the sport's administration and player experience.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
Brigadier Basant Kumar Ponwar (Retd), a distinguished veteran of the 1971 Indo-Pak War and the visionary behind India's modern jungle warfare strategies against Maoist insurgency, has passed away at 77. His extensive career spanned over five decades, contributing significantly to national defence through both the Indian Army and police forces, including founding the Counter Terrorism and Jungle Warfare College.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
A Delhi Judicial Services official, identified as Aman Kumar Sharma, has allegedly died by suicide in the Safdarjung area of Delhi, according to police reports.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
After Maharashtra's crackdown on analogue paneer, here's what dietitians say about its nutritional value, health concerns and how to choose fresh paneer.
A 26-year-old Indian-origin woman, Navneet Kaur, was shot dead in a targeted attack in Toronto, Canada. Police have arrested and charged 37-year-old Sharnjeet Singh with first-degree murder. The incident follows another recent case of an Indian-origin woman's murder in Edmonton.
