State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.
Air Marshal (retd) Jeetendra Mishra has been appointed as the first Chief Executive Officer (CEO) of the Shri Ram Janmbhoomi Teerth Kshetra Trust. His selection follows a rigorous process and comes amidst a recent controversy regarding alleged embezzlement of temple donations.
OpenAI has officially launched GPT-6 Astra, hailed as 'the world's most intelligent and aligned model,' designed to excel in computer browsing, software engineering, mathematics, and enterprise workflows, with immediate deployment for select organisations.
Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.
India's women's cricket team secured a commanding 94-run victory over Thailand in their Women's T20 Asia Cup opener. Despite a batting collapse after a strong start by Shafali Verma, India posted 159-9, then bowled out Thailand for just 65, with Deepti Sharma delivering a record-breaking spell. Captain Harmanpreet Kaur acknowledged the win but cautioned against complacency.
'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'
'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'
TeamLease EdTech Founder and CEO Shantanu Rooj states that the AI-driven world transition is irreversible, with regulation and cost being crucial factors determining its speed and depth. He emphasizes that while AI will transform jobs, not eliminate them, continuous learning, domain expertise, and adaptability will be key for individuals and businesses to thrive in this evolving landscape. Rooj also highlights the need for universities to adapt their curricula to prepare a future-ready workforce.
'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
Lending is no longer just about what you've done. It is about how you manage money over time, says Mohit Jain, Co-founder, Finfinity.
'Users should protect their savings goals before allocating money to discretionary expenditure.'
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 income tax department has significantly reduced refund processing times over the past few years. But while some taxpayers receive refunds within days, others may wait several weeks or even longer. Here's why.
GE Aerospace is utilising artificial intelligence solutions, developed by its Bengaluru team, to significantly improve aircraft engine inspection, analytics, and maintenance. These innovations have reduced turnaround times by at least five days, enhancing engine durability, reliability, and time on wing, with specific tools like the AI-enabled Blade Inspection Tool cutting inspection times by 50%.
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
World champion D Gukesh is 'crumbling under the weight of expectations' and needs to 'shut out the noise' to regain his form ahead of his title defence, said American Grandmaster Hikaru Nakamura. Nakamura also revealed that the 2028 Chess Olympiad could potentially be his last tournament featuring 'true classical' chess.
The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
'Improved law and order and transparent governance have helped change UP's investment image.'
TransUnion Cibil CEO Bhavesh Jain highlights the improved retail portfolio quality in January but stresses the need for lenders to continuously engage with borrowers on credit usage and repayment, similar to the approach taken during the Covid-19 pandemic, as the impact of the Iran war on credit quality is still being assessed.
India defeated Zimbabwe by 90 runs in the second T20I, securing an unassailable 2-0 lead in the series. Skipper Shreyas Iyer indicated potential changes for the final match due to fast bowler Prince Yadav's hamstring injury. Ishan Kishan and Tilak Varma were key contributors with the bat, while debutant Yash Thakur impressed with the ball.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
India captain Shreyas Iyer praised Ireland for their exceptional performance and strategic execution in securing a historic 2-0 T20I series victory. Ireland defeated India by 34 runs in the first match and then by a solitary run in the second, showcasing their understanding of local conditions and strong teamwork. Irish skipper Lorcan Tucker expressed disbelief and pride in his team's character, while player of the series Moondra highlighted the importance of sticking to basics.
VVS Laxman, chief of the BCCI Centre of Excellence (CoE), confirmed that the search for a permanent Head of Sports Science and Medicine is ongoing, nearly 18 months after Nitin Patel's departure, despite mounting injury cases among Indian cricketers.
We can be unstoppable, says Tilak Varma, after his maiden IPL century helps stall MI's losing streak
Tax treatment depends on the activity and manner of earning income.
National Security Advisor Ajit Doval has urged India's youth to dedicate themselves entirely to national interest, rising above personal gains to capitalise on the current 'window of opportunity' for building a stronger nation. He emphasised that true freedom is not merely doing what one wants, but involves commitment and sacrifice for the country's progress.
'While his cricketing achievements are obvious, people should remember Ajinkya Rahane, the person. Because he has inspired youngsters in the dressing room by his powerful humane gestures.'
India captain Shreyas Iyer expressed his disappointment over the team's 'utter failure in execution' across all departments after England secured the T20I series with a dominant nine-wicket victory.
Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.
FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'
'I don't see fear becoming a dominant factor for retail investors.'
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
The tax treatment of equity savings funds makes them appealing, especially to investors in higher income-tax brackets.
If reimbursement becomes unavoidable, submit a complete file at the earliest.
Didier Deschamps, who led France to their second world title in 2018 and established them as international football's most consistent major-tournament force, will be remembered for his unprecedented legacy despite recent semi-final defeats.
India's most-capped hockey player Manpreet Singh idolises Virat Kohli and credits his longevity to fitness, saying he has drawn inspiration from the star cricketer's fitness regime.
