In a social media post, former Japanese minister Hideki Makihara blamed the Indian side's approach to the project as being one of 'sheer chaos', of not keeping promises, and of continuously 'pushing their own self-interest'.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
A new report by ADP reveals that one in two Indian companies plan to adopt AI-powered payroll systems within the next 12 months, driven by the need for automation in workforce management, compliance, and compensation decisions. However, firms are increasingly cautious about data protection risks, especially with the implementation of the Digital Personal Data Protection (DPDP) Act, 2023.
A preliminary report by a Special Investigation Team (SIT) has identified Avinash Shukla as the prime accused in the alleged theft of devotees' offerings at the Ram Temple in Ayodhya, linking him to a suspected 40-day racket involving nearly 70 instances of pilferage from the donation-counting system.
A Special Investigation Team (SIT) probing alleged theft and embezzlement of donations at the Ram Temple in Ayodhya has found repeated instances of employees concealing cash during counting and flagged serious security and supervision lapses. The preliminary report, shared with the Shri Ram Janmabhoomi Teerth Kshetra Trust, indicates systematic irregularities and financial discrepancies among employees, leading to arrests and resignations within the trust.
'...A new challenge has emerged in the form of Mythos.'
JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.
Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.
India's leading FMCG companies, including Hindustan Unilever and Dabur, reduced their permanent workforce in FY26, even as most firms in the sector, such as Tata Consumer Products and Marico, increased median employee remuneration, reflecting a mixed trend in staffing and compensation strategies.
AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.
A doctor in Anantnag, Jammu and Kashmir, has been suspended following an inquiry into alleged large-scale procedural irregularities, including a pacemaker implantation scam where nearly 50 per cent of evaluated patients underwent unnecessary advanced cardiac surgical procedures. The inquiry revealed fraudulent insurance claims, patient exploitation, and manipulation of medical records.
Vidarbha pacer Yash Thakur, 27, has received his maiden India call-up for the upcoming T20 International tour of Zimbabwe, a dream he shared with his late father.
'If there are different laws governing the same subject, it can increase the compliance burden on platforms. The process would be easier and more transparent if there were a singular national-level law.'
Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.
If you have ever said 'I'll sort retirement later,' now is when 'later' begins.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
Dell Technologies is significantly expanding its domestic manufacturing in India, with a majority of its servers now produced locally, driven by data sovereignty and AI adoption. The company also launched new AI infrastructure solutions, including PowerStore Elite, designed for secure on-premises data management and AI workflows, while asserting that AI creates more jobs.
The Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya will conduct a re-audit of the Shri Ram Janmabhoomi Teerth Kshetra Trust's accounts for the past five years, following preliminary findings of large-scale irregularities.
Meta's new Muse Image AI generator, which can create AI images from public Instagram accounts without explicit consent, has sparked significant privacy concerns and criticism over its 'opt-in-by-default' approach, raising fears of deepfakes and online impersonation.
Haryana and Rajasthan have signed an agreement to implement the 1994 Upper Yamuna River Board (UYRB) agreement, allowing Rajasthan to receive water from the Hathini Kund barrage during monsoons. The pact, signed in the presence of Union Home Minister Amit Shah, resolves a 32-year-old issue concerning water allocation among Yamuna basin states.
Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.
Notwithstanding the economic complementarities and the host of agreements for deepening economic relation on a host of areas, both sides share common viewpoints on the foreign policy domain and seek common grounds to serve as a counterweight to China, notes Dr Rajaram Panda.
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism, linking India's UPI with Nepal's NPI. This system allows real-time money transfers via mobile banking, enhancing convenience for travellers and businesses, fostering financial inclusion, and strengthening economic ties between the two nations.
The Saradha Group had been raising deposits from the public with a promise to double the money invested within a short period.
'Many relationships break down because people are unable to honestly express what they feel. If someone cannot tell their family they do not want to go ahead with a marriage, the consequences can affect not only them but everyone involved.
RSS general secretary Dattatreya Hosabale has strongly condemned the alleged theft of donations at the Ram temple in Ayodhya, stating it has deeply hurt sentiments. He called for a thorough investigation and severe punishment for those found guilty, while also urging patience from the Hindu community against "anti-Hindu" forces.
Excerpts from an address by Prime Minister Manmohan Singh at the roundtable sponsored by The Economist on March 13.
WhatsApp has asserted that username reservation relating to well-known public figure names is restricted only to their legitimate account owners, and termed as "false" any claims that people are reserving popular or well-known usernames.
As MGNREGA comes to a close, both critics and supporters keenly eye VB G RAM G's performance.
The H-1B visa once symbolised the American Dream for Indians, but today's students are increasingly asking whether they need America at all. In 1995, the question was: How do I get to America? In 2026, it may be: Do I need to?
The Delhi government has announced a comprehensive audit of the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The audit, initiated by the DSIIDC, aims to identify financial irregularities, fund diversions, and their financial impact within these public-private partnership projects.
The global financial system needs more regulatory reforms to reduce the possibility of another meltdown, according to experts at International Monetary Fund.
The Indian government has issued a notice to Meta regarding WhatsApp's upcoming username feature, warning the platform not to roll it out until concerns about potential fraud, impersonation, and public safety are addressed to the government's satisfaction.
A 19-year-old self-described ethical hacker who exposed the alleged security gaps in CBSE's on-screen marking system (OSM) was recruited by IIT-Kanpur's cybersecurity research hub, an official said on Thursday.
'Workers are the people who create all the wealth in this country. How can you call them anti-national?'
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
The BMC is closely monitoring reservoir levels and enforcing water conservation measures as concerns over supply grow.
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.
Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.
