The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.
The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.
'She was not burdened by the knowledge of her craft and the world. She just was a child till her last days.' 'When she smiled, everybody in the room would light up.'
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
RBI Deputy Governor Shirish Chandra Murmu has dismissed concerns that the new Merchant Discount Rate (MDR) on UPI payments above Rs 2,000 will increase cash transactions. He also clarified the 'cash paradox' of rising digital payments alongside cash in circulation, explaining cash's dual role. Murmu further detailed the RBI's extensive regulatory changes aimed at reducing compliance burdens and emphasised that accountability for AI-driven decisions in finance will remain with institutional boards.
Scientists are stunned by the discovery of a nine-million-year-old capybara tooth fossil in Chile's Atacama Desert, a region currently devoid of capybaras. This finding not only marks the oldest record of the semi-aquatic rodent in coastal Chile but also significantly challenges the long-standing scientific view that the Atacama Desert has been continuously dry for 40 million years, suggesting a much wetter past.
Google has chosen four Indian startups -- Terrastack, Varaha Climate, Farmers for Forests, and Climitra Carbon -- for its inaugural Google DeepMind Accelerator: AI for the Planet programme.
The Congress party has strongly refuted claims by Parliamentary Standing Committee on Finance Chairperson Bhartruhari Mahtab that opposition MPs supported levying a Merchant Discount Rate (MDR) on UPI transactions. Congress MP Manish Tewari termed Mahtab's remarks "erroneous and fallacious," clarifying that the committee's recommendation was to "explore" revenue models, not to implement MDR. The party accused Mahtab of misleading due to his recent switch to the BJP.
The Indian rupee experienced its sharpest single-day decline in eight weeks, settling at 94.83 per dollar, primarily due to escalating crude oil prices and persistent risk-off sentiment driven by heightened geopolitical tensions and limited foreign inflows.
The Supreme Court has dismissed Ashish Mishra's application to relax his bail conditions in the Lakhimpur Kheri violence case, preventing him from attending family functions. The court also addressed concerns raised by victim farmers' advocate Prashant Bhushan regarding the trial's conduct and witness intimidation, directing such grievances to the trial court.
The Indian government has confirmed there will be no rollback of the 0.4 per cent Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions exceeding Rs 2,000, effective from October 15. Despite opposition, officials state the decision aims to make the UPI ecosystem self-sustainable and secure, with charges applying only to merchant payments, not person-to-person transactions.
New South Wales (NSW) has strongly criticised Cricket Australia's (CA) decision to proceed with a "self-determination" model for Big Bash League (BBL) privatisation, warning of potential threats to investment in grassroots cricket and long-term implications for the sport. NSW, which operates two BBL clubs, expressed disappointment over the lack of alignment across Australian cricket and highlighted unfulfilled conditions for the sale process.
Researchers from IIT Guwahati and BHU have devised an eco-friendly biological method to treat textile wastewater, specifically targeting toxic azo dyes. Their novel bacterium, 'Brevundimonas sp. AJZ05', effectively degrades 98.50 per cent of Direct Blue-6 dye, producing non-toxic byproducts, offering a sustainable alternative to conventional chemical treatments.
Amruta Fadnavis, wife of Maharashtra Chief Minister Devendra Fadnavis, has stated that festivals like Navratri are inclusive and there is nothing wrong with Muslim individuals attending the celebrations, despite the Vishva Hindu Parishad's call to bar Muslims from such events and BJP leader Nitesh Rane's support for the ban.
State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.
Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.
The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.
The All India Football Federation (AIFF) announced the new season of the Indian Women's League (IWL) will commence in October, alongside IWL 2. The federation also revealed significant changes including higher coaching licence requirements, revised disciplinary rules, and an ambitious long-term expansion strategy aiming for 12 teams by 2032 to professionalise women's football in India.
New research suggests that Venus's slow spin rate and strong gravity likely caused any hypothetical moon it once had to crash into the planet. This study, led by astrophysicist Stephen Kane, models planetary interactions and indicates that Venus did not require a catastrophic event to lose a moon, but rather its inherent physical properties led to its absorption. This finding has implications for understanding moon retention in other slowly rotating terrestrial planets.
The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.
The ruling BJP has increased its lead over the Congress in the Rajasthan urban local body elections, winning 3,587 wards against Congress's 3,050. Independents also performed strongly, securing 2,024 wards. While BJP secured a clear majority in Udaipur, Congress won in Ajmer and Pali. Bharatpur, the Chief Minister's hometown, saw Independents leading. These elections are a crucial test for the Bhajanlal Sharma-led BJP government ahead of the 2028 Assembly polls.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
Vijay's Thirupaachi and son Jason Sanjay's Sigma could end up in an unexpected box office face-off, setting up a fascinating father-son clash.
The ruling does not mean developers must always pay stamp duty. The liability depends on the applicable law and contractual terms.
Law And Order not only delivers an outdated and amateurish gangster drama, but also manages to drag Mammootty's iconic Black character into the mess.
Senior executives from Meta, the parent company of Facebook, Instagram, and WhatsApp, appeared before India's child rights body, NCPCR, for questioning regarding alleged advertisements promoting child sexual exploitative and abuse material (CSEAM) on its platforms. This follows a BBC report and a stern notice from the Ministry of Electronics and Information Technology (MeitY) to Meta over the issue.
Chinese Foreign Minister Wang Yi stated that President Xi Jinping and Prime Minister Narendra Modi reached a crucial consensus during the BRICS summit, agreeing that China and India should be partners, not rivals. The leaders pledged to maintain peace and tranquility in border areas, deepen cooperation, and support each other in multilateral forums, aiming to strengthen the Global South and promote a multipolar world order.
GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
The US Department of Homeland Security faced widespread criticism for an AI-generated advertisement featuring a brown-bearded man identified as "Mr Singh" in a campaign against unlicensed commercial drivers. Advocacy groups, including the Hindu American Foundation and Sikh Coalition, condemned the ad as "racist" and "anti-American" for its perceived targeting and profiling of Sikh and Hindu communities.
The Supreme Court has indicated that its judges may personally visit the National Testing Agency (NTA) to examine its upgraded facilities aimed at preventing recurring NEET paper leaks. This unusual move underscores the court's emphasis on institutional strengthening and permanent solutions. The NTA informed the bench that it has overhauled its system, while a high-powered panel is also working on structural reforms to ensure foolproof examination processes.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
World junior champion Anahat Singh, now 18, is returning to the Asian Games with significantly higher stakes, as the women's singles gold medal offers direct Olympic qualification. Ranked world number 20, she is a strong medal contender and is embracing the pressure of competing for her country. Anahat faces formidable opponents like Satomi Watanbe and Sivasangari Subramaniam but is focused on refining her game and physical strength to achieve her goals.
Mamata Banerjee, who founded the Trinamool Congress through an act of rebellion against the Congress, now faces a similar internal revolt that threatens the very identity of her party. The Election Commission's interim decision to withhold the TMC name and symbol for the upcoming bypolls highlights a deeper struggle for political inheritance. This situation, unprecedented for the party, forces both Mamata's loyalists and rebels to seek electoral recognition without their established identity, marking a significant challenge to her long-standing dominance.
Japan's cricket captain Kendel Kadowaki-Fleming and all-rounder Charlie Hara-Hinze believe the upcoming historic T20 match against India on September 22 can serve as a crucial springboard for the sustained growth of cricket in Japan, a country traditionally dominated by baseball.
Paralympic Committee of India president Devendra Jhajharia expressed confidence in the Indian contingent's performance at the upcoming Asian Para Games in Japan. He highlighted the team's focused training, stress-free environment, and recent successes, while also outlining long-term plans for the 2028 and 2032 Paralympics and addressing grassroots development challenges.
For a child who is six years old, one hour is the limit, says rediffGURU Dr Deepa Suvarna.
A senior coach from India's shooting contingent for the Aichi-Nagoya Asian Games has voiced disappointment over the logistical arrangements, particularly the long travel times to the training venue.
The Finance Ministry has clarified that the decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 was made independently, refuting claims of foreign influence. The ministry stated the policy aims to build a self-sustaining digital payments ecosystem, with MDR funding infrastructure and supporting small merchants.
