The Supreme Court has asked the CBSE to consider deferring the implementation of its three-language policy for Class 6 students, which mandates two native Indian languages, until the academic session starting 2027. The CBSE stated it would consider the suggestion. The policy, aligned with NEP-2020, makes two native Indian languages compulsory for Class 6 and Class 9, with provisions for foreign languages as additional options and no board exams for the third language in Class 10.
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.
A former industries extension officer in Thiruvananthapuram has been arrested by the Vigilance and Anti-Corruption Bureau (VACB) for allegedly misappropriating Rs 3.57 crore from a self-employment scheme for women. The officer, Praveen Raj T R, is also implicated in two other similar cases involving significant amounts.
An Indian national, Jay Sunilbharthi Goswami, has been arrested and charged in the US for his alleged role as a "money mule" in a multi-million-dollar internet and telephone fraud scheme targeting elderly victims. Goswami, a Gujarat native, was detained in Canada while attempting to flee to Qatar, facing charges including wire fraud and money laundering.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
A video from Maharashtra's Latur district has gone viral, showing a sarpanch discussing a "rate card" for bribes allegedly demanded by officials to approve government aid for villagers. The sarpanch claimed that Panchayat Samiti members and officials were demanding money for schemes like wells, cattle sheds, and housing. Authorities have sought an explanation from the sarpanch and are investigating the allegations.
The CBI has registered a case against USA-based Christian missionary group The Timothy Initiative (TTI) and its associates for allegedly misusing Rs 92.55 crore in foreign funds for missionary activities, violating the Foreign Contribution (Regulation) Act, 2010. The case, based on a Union Home Ministry complaint and ED investigation, highlights the alleged use of foreign debit cards and attempts to conceal identities.
Congress Councillor Amit Bhandari has been arrested in Dehradun for his alleged involvement in an organised land fraud scheme. The arrest follows the interrogation of the scheme's alleged mastermind, Pradeep Saklani, who revealed the names of accomplices.
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 government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
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.
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.
Virat Kohli impressed Eknath Shinde with his humility during their London meeting, while the duo discussed Maharashtra's development, sports, youth talent and the cricketer's upcoming ODI milestones.
PAYD suits infrequent drivers who can estimate annual mileage.
Banking services, particularly at public sector banks across India, were impacted by a nationwide strike called by the United Forum of Bank Unions (UFBU) to demand the immediate implementation of a five-day workweek and resolution of pending wage-related issues.
Young table tennis players Syndrela Das and Payas Jain have been inducted into the Sports Ministry's TOPS Development group, while Manika Batra's international event funding request has also been approved, aiming to strengthen India's table tennis presence on the global stage.
The LIC Golden Jubilee Scholarship Scheme is offered by the LIC Golden Jubilee Foundation aims to support meritorious students from economically weaker sections by providing financial assistance for higher education and improving their future employment opportunities.
The Securities Appellate Tribunal (SAT) has dismissed Ketan Parekh's appeal challenging Sebi's denial of his request to cross-examine two traders from Capital Group, related to an alleged front-running scheme.
The Centre has appointed two directors and a joint director to the National Testing Agency (NTA) amidst ongoing reforms and scrutiny over issues like the NEET paper leak. These appointments are part of a broader overhaul of the NTA's examination system.
With Konarc, the company has moved deeper into the mass-market e2W segment.
Ajay Devgn's lease of his Juhu bungalow to a commercial salon has ignited a dispute with his housing society, which is vehemently opposing the move citing the area's residential character and potential disruptions.
Investors opening new brokerage accounts must choose a broker suited to their style.
India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.
The Gujarat high court on Monday dismissed as withdrawn a plea of former India cricketer and Lok Sabha MP Yusuf Pathan's appeal against a single judge order passed in August last year, calling him an "encroacher" on a piece of government land in Vadodara.
The Gujarat high court on Monday dismissed as withdrawn a plea of former India cricketer and Lok Sabha MP Yusuf Pathan's appeal against a single judge order passed in August last year, calling him an "encroacher" on a piece of government land in Vadodara.
Dig into the prospectus. Use the prospectus to understand the business and its risks.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
The Supreme Court is scheduled to hear on August 31 a plea which has challenged the validity of a provision of the Income Tax Act that allows political parties to receive cash donations below Rs 2,000.
The Delhi government has notified detailed guidelines for the Delhi Lakshmi Yojana, outlining strict provisions for beneficiaries found ineligible, including discontinuation of financial assistance, recovery of disbursed funds, and potential fraud charges. The scheme provides Rs 2,500 monthly to eligible women, with specific rules for fund disbursement via RD/FD accounts and CBDC wallets, along with clear eligibility and exclusion criteria.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
The Indian Golf Union (IGU) has approved significant amendments to its Memorandum of Association, including the addition of Sportspersons of Outstanding Merit, creation of a Dispute Resolution Committee, and modifications to its election process, all aimed at aligning with the National Sports Governance Act.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'
Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.
'...in which our names are written with our phone numbers.'
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.
