Hyderabad Police Commissioner V C Sajjanar has proposed a Joint Working Group with the RBI and banks to address the issue of mule bank accounts used in cyber fraud. The proposal follows 'Operation Octopus,' which exposed vulnerabilities in KYC verification. Sajjanar also recommended strict directives for banks to fix accountability and adopt advanced technology to detect suspicious transactions.
The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.
'All terrorists are a blot on humanity.' 'No religion in the world teaches you to take the life of an innocent person.' 'Kashmiris have always been known for their hospitality. One moment of darkness cannot erase Kashmiriyat.'
Prime Minister Narendra Modi has called on the people of Karnataka to commit to nine pledges focused on sustainability, health, and local empowerment to drive development in the state and across India.
Strong domestic growth will continue to draw foreign investment into the Indian economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Tuesday. He said this was reflected in recent free trade agreements and investment commitments by large technology companies.
Samrat Choudhary's appointment as Bihar's Chief Minister marks a significant milestone for the BJP, ushering in a new era of leadership in the state's political landscape.
Bihar Deputy Chief Minister Samrat Choudhary has been elected as the BJP legislature party leader, paving the way for him to become the next Chief Minister of Bihar.
Newly-elected leader of the Bharatiya Janata Party legislative party in Bihar, Samrat Choudhary, met Governor Lt Gen Syed Ata Hasnain (retd) at Lok Bhavan on Tuesday and staked a claim to form the government in the state.
Over 27,000 people participated in the PNB 'Soldierathon 2026', commemorating 'Operation Sindoor' and honouring the Indian armed forces. The event, organised in association with the Indian armed forces, featured half marathons and 10 km runs.
The United States and Iran concluded the first phase of in-person talks in Islamabad, with both delegations exchanging written texts to formalise areas of understanding. The discussions, involving key representatives from both sides, are aimed at reducing tensions and exploring possibilities of a structured understanding.
The increasing use of models, algorithms, and code across the financial industry is reshaping how outcomes are generated. However, their limitations, such as explainability, embedded bias, and model drift may not be immediately apparent and may emerge only as these technologies gain scale, warns RBI deputy governor Shirish Chandra Murmu.
The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.
'Shivraj Chauhan is coming with a secret slip in which the next chief minister's name is mentioned, it will be known on Tuesday.'
The relation between a regulator and its regulated entities is collaborative and not adversarial with the common objective of maintaining the stability and credibility of the financial system. However, the action on regulated entities like penalties and business restrictions are the last resort, Reserve Bank of India (RBI)'s governor Sanjay Malhotra said on Friday.
The Indian rupee saw a significant appreciation against the US dollar following President Trump's suspension of military strikes against Iran and the Reserve Bank of India's decision to maintain its key interest rate. Market sentiment was further buoyed by positive comments from the RBI regarding the health of the banking sector.
Kerala's Chief Minister Pinarayi Vijayan has condemned the alleged suicide of a student, vowing a thorough investigation into claims of caste-based harassment and loan app involvement.
If Tata Sons is listed, the special veto rights of Tata Trusts, under Article 121A, may have to go away.
The National Institute of Technology (NIT) Kurukshetra has established a five-member committee to investigate recent student suicide cases on campus. This action follows a series of tragic incidents, including the alleged suicide of a 19-year-old B.Tech student, which sparked protests and raised concerns about student welfare and mental health support within the institution.
Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.
Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.
Jammu police have intensified their crackdown on narcotics under the 'Nasha Mukt Abhiyan', with a zero-tolerance approach. The SSP has warned of strict accountability for police personnel and highlighted the alarming rise in drug peddling, terming it a conspiracy by an 'enemy country'.
Jammu and Kashmir Sports Minister Satish Sharma has alleged that the drug menace in the region is sustained by political and police patronage, calling for accountability and stronger enforcement.
The Delhi Legislative Assembly received a bomb threat via email hours before the scheduled budget presentation, prompting heightened security measures and an investigation.
Top commanders of the Indian Navy will discuss the implications of the West Asia crisis on India's energy security and review operational readiness at a three-day conference.
'Samrat Chaudhury's limited independent standing within the party, his reliance on the central leadership for his elevation, and his lack of a personal mass base all point toward this outcome.'
The US Central Command (CENTCOM) announced the start of operations to clear mines in the Strait of Hormuz, a claim swiftly denied by Iran, leading to increased tensions in the region amidst stalled negotiations between the two countries.
Despite a government ban, Karnataka State Open University (KSOU) in Mysuru proceeded with a lecture series on RSS ideologue Deendayal Upadhyay, featuring virtual and physical attendance by high-profile figures, sparking political controversy and raising questions about university autonomy and ideological influence.
The embassy also said that the exit must be undertaken in coordination with the mission.
Kerala's Chief Minister Pinarayi Vijayan has condemned the alleged suicide of a BDS student following accusations of caste-based harassment. An investigation has been launched, and support pledged to the victim's family.
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.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.
The Supreme Court's opinion on the presidential reference can impact on any number of cases if and when governors, if not the President, take a literary view of the Supreme Court's 'ppinion' on their 'discretionary powers' without reference to the rider on 'reasonable time', points out N Sathiya Moorthy.
The BJP will use Samrat Choudhary to make a dent into Nitish Kumar's traditional social support base of Kurmi and Koeri/Kushwaha communities.
The alleged suicide of a first-year BDS student in Kerala has sparked outrage and prompted investigations into claims of caste-based harassment. The Chief Minister has condemned the incident, and various organisations are offering support to the student's family and calling for measures to prevent future occurrences.
The Reserve Bank of India (RBI) has opted to keep its key interest rates unchanged at 5.25%, anticipating a global economic recovery following a ceasefire in the US/Israel-Iran conflict, despite ongoing inflationary pressures and currency fluctuations.
The Jammu Marathon, featuring international runners, symbolises the transformation of Jammu and Kashmir since 2019, highlighting peace, prosperity, and its emergence as a destination for world-class events.
The Indian rupee weakened against the US dollar due to geopolitical tensions surrounding the Strait of Hormuz and ahead of the Reserve Bank of India's monetary policy review.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'
The Jammu and Kashmir government has terminated the services of two employees for their alleged links with terror outfits, including Lashkar-e-Taiba and Hizbul Mujahideen.
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