RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
A PwC India report highlights that the competitiveness of India's industrial manufacturing sector hinges on the seamless integration of Artificial Intelligence (AI) into business strategies and operations. The report indicates that a significant majority of Indian manufacturers view AI as crucial for achieving strategic goals and are accelerating automation across various functions to build intelligent enterprises and gain sustainable competitive advantage.
After making history as the first Indian male judoka to win a Commonwealth Games gold, Harsh Singh is now focused on securing a medal at the upcoming Asian Games.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.
New Delhi organisers are confident of delivering a 'world-class spectacle' for the upcoming Badminton World Championships, having addressed previous concerns regarding venue cleanliness, air quality, and animal control that marred the India Open earlier this year.
Ohh My Dog has something different to offer. As for dog lovers, this is definitely a film to catch, rave Rajesh Karkera and Mayur Sanap.
Cape Verde's veteran goalkeeper Vozinha, who gained social media fame during the World Cup, has arrived in Chile to join Colo-Colo on a six-month contract, with an option for a one-year extension.
The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.
The Congress and BJP are engaged in a political spat over the implementation of the Women's Reservation Bill and its proposed link to delimitation, with Rahul Gandhi urging unconditional implementation of the 2023 law and Kiren Rijiju highlighting the constitutional requirement for delimitation based on post-2026 census figures.
Spider-Man: Brand New Day shows that even superheroes need friends, healthy outlets for their emotions and the courage to learn from their mistakes.
The ruling BJP in West Bengal has suspended 22 functionaries, including several mandal presidents, over allegations of extortion and indiscipline. This action follows public warnings from the party leadership against adopting an 'extortion culture' and comes ahead of a visit by BJP's central in-charge for West Bengal, Sunil Bansal, to review the party's organisation and the new government's functioning.
With Main Vaapas Aaunga as his latest release, we rank Imtiaz Ali's romantic dramas from his underrated debut in Socha Na Tha to his most recent offering of love and longing.
The Bharatiya Janata Party's decision to replace six-time MLA Narottam Mishra with a rookie candidate in the Datia Assembly bypoll in Madhya Pradesh led to a significant defeat, with the Congress retaining the seat. This loss is seen as a major setback for the BJP's image of discipline, with the party indicating possible disciplinary action against those who defied the central leadership's choice.
The Badminton World Federation (BWF) has expressed satisfaction with the extensive renovation and cleaning work at the Indira Gandhi Indoor Stadium in New Delhi, addressing previous criticisms regarding hygiene and facilities. Significant improvements have been made, including toilet renovations, deep cleaning, seat replacements, and pest control measures, ensuring the venue is ready for the upcoming World Championships.
Huawei has expanded its premium smartphone portfolio with the launch of the Pura 90s Pro and Pura 90s Pro Max.
Rashmika Mandanna sustained a severe hip injury during a strenuous dance shoot for her film Mysaa.
Assam's flood toll has climbed to 87 with two new fatalities, even as water levels recede in most inundated areas, affecting nearly 1.3 lakh people. The India Meteorological Department (IMD) has issued warnings for extremely heavy rainfall in neighbouring Arunachal Pradesh and Meghalaya, which could impact several bordering Assam districts.
Indian Oil Corporation Ltd (IOCL) plans to invest approximately Rs 1 trillion in petrochemical projects over the next five to six years, aiming to significantly increase its petrochemical intensity and production capacity to meet growing domestic demand.
Larsen & Toubro (L&T) is investing Rs 5,000 crore over five years to enter the automotive components sector, focusing on electric vehicle (EV) motors, safety systems, and connected-vehicle technologies, aiming to become a Tier-I auto supplier.
India is set to host the FISU World University Squash Championship in Mumbai from August 3, aiming for its first-ever gold medal. With home advantage and a bronze medallist from the previous edition, Suraj Chand, the team carries high expectations.
After nearly 19 years, exiled Bangladeshi author Taslima Nasreen returned to Kolkata, calling it a deeply emotional homecoming.
Friendship Day is the perfect excuse to celebrate the people who make life a little more fun and your wardrobe might just reveal which one you are.
Tamil Nadu Leader of Opposition, Udhyanidhi Stalin, has courted severe political backlash and condemnation for an offensive double entendre remark alluding to actor Trisha during a protest gathering in Thanjavur, prompting calls for action from the National Commission for Women.
Former Olympic and World Championship gold medallist Neeraj Chopra secured a silver medal at the Commonwealth Games 2026, describing it as a special achievement following a challenging 10-month recovery from multiple injuries. He credited his support system for his successful return to competition.
Dipke has clarified the funding of his US education, stating it was supported by a scholarship and an education loan, amidst growing scrutiny and calls for a probe into his finances.
England batter Ollie Pope, recalled to the Test squad for the Pakistan series after a challenging Ashes tour, describes the call-up as feeling like a 'debut' and is determined to prove himself, particularly with an eye on the next home Ashes series.
'If I was with the team, I would pick bowlers who I feel can pick wickets and win matches for me with the ball.'
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
The India Meteorological Department (IMD) has predicted below-normal rainfall for India during the second half of the southwest monsoon season, specifically from August to September. This forecast indicates less than 94 per cent of the Long Period Average (LPA) for the period. While July saw good rainfall activity due to low-pressure systems and the Madden-Julian Oscillation, the Southern Peninsula experienced significantly low rainfall and record high minimum temperatures.
Prime Minister Narendra Modi will launch a 100-week nationwide campaign, 'Nasha Mukta Yuva for Viksit Bharat Sankalp Abhiyaan', on August 2 to combat rising drug abuse in India. Led by MY Bharat youth, the initiative will involve various activities and aims to unite over one crore young people in a pledge against substance abuse, addressing alarming statistics from the Narcotics Control Bureau.
Indian selectors face a selection dilemma for the upcoming two-Test series against Sri Lanka, with Washington Sundar unlikely to be fit for the first Test, while senior all-rounder Hardik Pandya is set to return to white-ball cricket from August after recovering from injury.
State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.
Dinesh Trivedi's success or failure in this fragile diplomatic equilibrium will have consequences extending well beyond the Indian high commission in Dhaka. It will shape India's eastern strategic environment for years to come.
'Khatron Ke Khiladi is a show where people get to see a side of me, which is courageous and daring. It was a surprise for me. I got to know what I was capable of.'
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
Convicting journalist Tarun Tejpal in a 2013 rape case, the Bombay high court on Thursday termed the trial court's verdict of acquittal as "perverse", and slammed it for falling prey to the notion that a complainant in such cases should be a "perfect victim" and behave in a certain way.
Jaguar Land Rover (JLR) India reported its highest-ever first-quarter retail sales for FY27, with 1,665 vehicles retailed, an 11 per cent year-on-year increase, largely due to sustained demand for premium SUVs and the benefits of the India-UK Free Trade Agreement.
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
