Hardik Pandya is reportedly nearing a return to competitive white-ball cricket, subject to medical clearance.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.
The National Stock Exchange's initial public offering (IPO), expected to raise around Rs 30,000 crore, is likely to open for public subscription on September 18 and list on September 25, potentially becoming India's largest IPO.
Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.
Organisers of the Aichi-Nagoya Asian Games have defended their decision to forgo an Athletes' Village, opting instead for a mix of hotels, container huts, and a cruise ship, despite complaints about cramped conditions and shared rooms.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.
Jammu and Kashmir Chief Minister Omar Abdullah has expressed support for the Centre's decision to levy charges on UPI transactions, citing the cost of maintaining the digital payment infrastructure. However, he emphasised the need to protect retail consumers from these fees. Abdullah also discussed the upcoming seven-day Assembly session, highlighting the government's commitment to smooth functioning and addressing MLAs' concerns, and touched upon efforts to tackle drainage issues affecting water bodies.
India's Unified Payments Interface (UPI) recorded an unprecedented 24.51 billion transactions valued at Rs 29.8 lakh crore in August, largely propelled by the Raksha Bandhan festival. This surge marks a 22% annual increase in volume and 20% in value, highlighting the expanding reach and depth of the UPI ecosystem. Experts anticipate further growth during the upcoming festive season, while UPI's international acceptance now spans 11 countries.
Micron CEO Sanjay Mehrotra announced plans to significantly scale up the company's chip assembly and testing facility in India, moving from "vision to execution" in the nation's semiconductor ambitions. He highlighted the success of the Sanand, Gujarat plant, which is already producing "Made in India" memory chips, and the company's substantial engineering contributions from its Indian centres. Mehrotra also emphasised the critical role of memory chips in the AI era, driving Micron's growth.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, clarifies doubts and guides young aspirants on eligibility for science, and engineering entrance exams.
The Congress party has criticised the Modi government over a notification regarding UPI transactions, alleging it paves the way for imposing fees, especially on transactions above Rs 2,000. Rahul Gandhi claimed the government is surrendering to American pressure, while Mallikarjun Kharge highlighted the potential burden on common citizens amidst inflation. The government's notification prohibits charges on UPI transactions up to Rs 2,000 but remains silent on higher amounts, sparking fears of a "Digital Payments Tax."
Supreme Court Justice Ujjal Bhuyan stated that threatening students with punitive action for expressing different views or asking questions is unconstitutional and a misuse of power. He emphasised that universities should foster free thinking and disagreement, as tolerance and dissent are fundamental constitutional values essential for a liberal democracy.
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 Anti-Corruption Bureau (ACB) has registered two separate First Information Reports (FIRs) against Sheeba Inayat, a Jammu and Kashmir Administrative Service (JKAS) officer. The charges include amassing assets disproportionate to her known income and alleged malpractices in the distribution of Public Distribution System (PDS) foodgrains, leading to a wrongful loss of over Rs 2.61 crore.
Indian mutual fund holdings in overseas equity securities increased by 37.5 per cent year-on-year to approximately '93,602 crore by March-end, according to RBI data. This growth is attributed to mark-to-market gains from a global market rally and heightened investor interest, with the US remaining the primary destination for these investments.
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.
Union Finance Minister Nirmala Sitharaman called upon 'Gen Z' and 'Gen Alpha' to assume leadership, prioritise the nation, and contribute to its growth, rather than questioning what the country has done for them.
Pinky Roshan has acquired adjoining apartments for a staggering Rs 67.30 crore.
The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.
A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.
'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'
Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.
'For Indian institutions this year, global peers are outpacing in key areas such as RoI, entrepreneurship, and alumni outcomes.'
A food tampering racket in Navi Mumbai, involving the alteration of expiry dates on popular brands like Maggi and Lay's, has been busted by the Maharashtra FDA and Navi Mumbai Police Crime Branch, leading to the seizure of products worth over Rs 75 lakh.
PAYD suits infrequent drivers who can estimate annual mileage.
Sachin Tendulkar has acquired a 3.86 acre land parcel in Lonavala, Maharashtra, for approximately Rs 70 crore, completing the purchase through three separate conveyance deeds.
Eiffel Tower employees launched a strike, leading to the iconic landmark's closure, after allegations surfaced that female staff were asked to vacate their posts during a visit by the Hindu religious organisation BAPS.
India's UPI system continues its rapid growth, dominating retail payments. Recent amendments to the Payment and Settlement Systems Act allow for targeted Merchant Discount Rates (MDR) on high-value merchant transactions, aiming to create a self-sustaining revenue model for the ecosystem while keeping P2P and low-value payments free. This move could generate significant revenue and encourage ecosystem participation.
Union Mines Minister G Kishan Reddy announced that the Indian government is intensifying its support for private mining entrepreneurs seeking critical mineral opportunities abroad, working with the Ministry of External Affairs and appointing mineral officers in embassies to facilitate these efforts.
Padma Shri awardee educationist Dinesh Singh advocates for teachers to embrace artificial intelligence, viewing it as a tool to elevate their role rather than a threat. Speaking at the 4th STTAR Global Education Conference, Singh urged educators to use AI to become "gurus." Other leaders, including Shishir Jaipuria, emphasised that the future of education lies in human-technology collaboration, with teachers remaining crucial for inspiring students.
India's total goods trade with BRICS nations more than doubled from FY21 to FY26, reaching USD 417.5 billion, but a significant surge in imports, particularly from China and Russia, has caused India's trade deficit with the bloc to more than triple, reaching USD 226.1 billion.
'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'
Tata Motors has launched the Curvv Series X, an updated version of its coupe-SUV, focusing on enhancing value-for-money by adding more features to lower and mid-spec variants and streamlining the lineup, with prices ranging from Rs 9.99 lakh to Rs 18.99 lakh (ex-showroom).
Hospital chain Fortis Healthcare has filed a special leave petition in the Supreme Court against a Delhi High Court order directing a forensic audit into the alleged erosion of assets by its former promoters, Malvinder and Shivinder Singh, during enforcement proceedings initiated by Japanese drugmaker Daiichi Sankyo.
RSS chief Mohan Bhagwat, addressing British Hindus in London, unequivocally stated that their loyalty lies with the UK, clarifying the concept of 'karma bhoomi' within Hindutva and emphasising unity in diversity.
HDFC Bank has submitted two names to the Reserve Bank of India for the managing director and chief executive position, following incumbent Sashidhar Jagdishan's decision not to seek reappointment. The bank also announced board changes, increasing whole-time directors to four and appointing Jimmy Tata as an executive director. This move comes as Jagdishan's term ends in October, creating a tight timeline for succession.
