The liquidity in the banking system could ease in the coming week due to an increase in government spending - a development that would be the key for the Reserve Bank of India (RBI) to decide whether to extend the incremental cash reserve ratio (I-CRR) mandate for banks. There are signs of improvement in the liquidity scenario as banks parked Rs 25, 833 crore with the RBI on Thursday. Market participants expect liquidity to gradually improve by the end of the month or during the first week of September, aided by government spending.
Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.
The International Cricket Council's Cricket Committee has recommended that the concept of umpire's call rule in the Decision Review System should stay, citing that the ball-tracking technology is not going to be 100 per cent correct.
Sachin Tendulkar said the BCCI can adopt it on a permanent basis if they are convinced with the modified review system and called for the technology to be standardised across the world.
'Annoyed' Warner wants more DRS transparency
'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'
Many affluent young people are first-generation wealthy. They have limited financial literacy, lack quality financial guidance or role models, and often fall prey to mis-selling. This makes them hesitant to invest in high-return assets like equities.
The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by hosting the ICC Champions Trophy, exceeding its target of two billion rupees.
'When one air force (India's) hits the other's airbases with impunity and that air force (Pakistan's) is not able to respond, then the air force, which has put the other's airbases out of commission, has won.'
'It is something like traditional Indian families.' 'The family might be run by younger people, but if the patriarch says that you should consider someone for some task, it is very difficult for the others to ignore it.'
The International Cricket Council, on Tuesday, revealed the assessment of the umpires, including the Decision Review System analysis, from the Trent Bridge Test between England and Australia.
Pakistan captain Misbah-ul-Haq has again confirmed his support for the use of the Decision Review System (DRS) in international matches.
The ICC has rejected the Pakistan Cricket Board's reservations about some umpiring decisions and the way the Decision Review System was used in the team's Test series in South Africa.
'In multi-pilot operations, no critical switch can be moved without the other pilot's consent.'
A staunch critic of the Decision Review System, the Board of Control for Cricket in India says it will oppose the ICC Cricket Committee's recommendation for the controversial innovation's introduction in all Test matches when the matter comes up before the governing body's executive board next month.
Khan said the events of May 9, 2023, in which military installations were targeted, were in fact a part of the "London Plan"- the sole purpose of which was to "eliminate Pakistan's largest political force, the Pakistan Tehreek-e-Insaf".
India and the United States have agreed to deepen their strategic partnership in several key areas, with President Donald Trump announcing plans to provide India with F-35 fighter jets and billions of dollars in military supplies. The two leaders also discussed energy cooperation, critical technologies, connectivity, and countering terrorism. They agreed to work together on the India-Middle East-Europe Economic Corridor, and Trump noted India's reforms to welcome US nuclear technologies. Prime Minister Modi said the two countries can shape a better world through their cooperation. Both leaders also addressed the Russia-Ukraine conflict, with Modi stressing India's commitment to peace.
'Skills like critical thinking, empathy, storytelling, team management and ethical judgment will grow in value even as AI continues to master logical tasks,' says Alphabet and Google CEO Sundar Pichai.
If it is opaque, then who else will speak up against it if not the concerned minister, Rijiju said.
News clips from around the World Cup.
The Delhi government on Wednesday said the odd-even car rationing scheme will be implemented in the national capital after the Supreme Court reviews its effectiveness and issues an order.
'Nobody asked us to work on this. It was on our own that we decided to embark on this journey.'
'It was astonishing that DRS was unavailable due to a power cut. It's such a big league that a generator can be used. Whatever software there was, that could have been run with power generated through backup.'
'It is nice that the banking system is in good shape.' 'It is a little early to call it too good because I think it was too bad in the past.'
Cricket's decision review system and the continuing struggles of Australia's brittle batting order bore the brunt of frustrations Down Under on Monday after the tourists' heart-breaking 14-run defeat in the first Ashes Test.
'...rectification has to happen then and there, and that takes additional time.'
Pakistan captain Misbah-ul-Haq has backed the ICC's decision to enforce the Decision Review System in Tests and ODIs, saying the innovation reduces pressure on on-field umpires.
'The collegium system will remove any such doubts from the minds of people and the political parties.'
Graeme Smith is comfortable with television referrals and the umpire decision review system (DRS) playing a larger role in international cricket, the South Africa captain said on Wednesday.
England Managing Director Hugh Morris feels India's decision of not allowing the Decision Review System's usage in the just-concluded Test series was disappointing after touring captain Alastair Cook fell victim to a couple of dubious decisions.
The Allahabad High Court Bar Association has begun an indefinite strike to protest the proposed transfer of Delhi HC judge Yashwant Varma, who is under investigation after a large amount of cash was found at his residence. The Oudh Bar Association (OBA) of the Lucknow bench of the High Court has also condemned the transfer, calling for impeachment proceedings against Justice Varma. Both bar associations are concerned about the impact on public faith in the judiciary and have called for a reconsideration of the transfer decision.
The Pakistan Cricket Board has once again shown its strong support for the Umpires Decision Review System by announcing that it would be used in the Test and ODI series against England next month.
Smartphones, for the first time, emerged as India's largest individual export commodity by value over 10 months of any financial year, during the April-January period of FY25, based on harmonised system (HS) codes. During the period under review, smartphone exports from India reached $18.31 billion, according to data from the Department of Commerce, surpassing automotive diesel fuel exports, which stood at $16.04 billion.
India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and external demand. The uncertainty is adversely affecting the overall corporate sector capex. Interest rates on credit are not the primary deterrent to decisions about capital expenditure, said Soumyajit Niyogi, director, core analytical group, Ind-Ra, in a webinar on the credit market outlook.
Cricketers risk making a fool of themselves if they try to deceive technology by challenging close dismissals even when they know they are out under the Decision Review System, England batsman Alastair Cook has warned.
The Board of Control for Cricket in India made it clear on Monday that the Decision Review System (DRS) in its current form is unacceptable and it will raise the issue in the upcoming ICC meetings.
Baffled by India's rejection of the Decision review System for the upcoming Tests against Australia, host broadcasters Channel Nine fear any contentious umpiring calls might snowball into major controversies during the series.
India's opposition to the Decision Review System continues with the BCCI refusing to allow its use in next month's four-Test cricket series against England.
The controversial Umpire Decision Review System will not be used during India's Test tour of South Africa next month, coach Corrie van Zyl said.
Left red-faced after the powerful Board of Control for Cricket in India opposed the Decision Review System at the Executive Board Meeting in Kuala Lumpur, the ICC on Thursday said it will not force India to accept the controversial technology in bilateral series.
