Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
It highlights a profound shortage that marginal additions cannot easily resolve.
From Sanjay Leela Bhansali and S S Rajamouli to Sundar C and Ayan Mukerji, these 15 filmmakers took a wild detour from their comfort zones, with wildly different results.
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
Mumbai's local train services on both Western and Central Railway lines experienced significant disruptions due to multiple technical issues, including point failures and a fallen overhead wire, causing widespread delays and inconvenience for millions of daily commuters.
Digvesh Rathi recreated his viral 'notebook' celebration after dismissing Priyansh Arya in the Delhi Premier League, but the act led to a 30% pre cent match fee penalty and two demerit points for breaching the Code of Conduct. The match saw Outer Delhi Warriors defeat Purani Dilli 6 in a high-scoring encounter, with Rathi being the standout bowler for his team despite the loss.
Police in Ballia, Uttar Pradesh, arrested a woman and one of her brothers for allegedly orchestrating a robbery at her own house. The incident, initially reported as a break-in, was uncovered to be a conspiracy planned by the woman due to an ongoing marital dispute, with the help of her two brothers.
East Bengal, fresh from their AFC Champions League Two qualifying play-off victory, are set to face a formidable Indian Army Football Team in the Durand Cup quarterfinals. The match, crucial for a spot in the semi-finals, will test East Bengal's momentum against the Army's disciplined play. Another quarterfinal features unbeaten SC Delhi against debutants FC Raengdai.
West Bengal's Special Task Force has arrested three individuals in Cooch Behar for alleged involvement in espionage activities linked to Pakistan's ISI. The trio is suspected of smuggling Indian SIM cards to Pakistan via Bangladesh and producing counterfeit currency. These arrests follow a series of apprehensions in Bengal related to suspected terror links, including a Pakistani national believed to be a spy.
The Central Bureau of Investigation (CBI) has filed a chargesheet against Samarth Singh and Giribala Singh, the husband and mother-in-law of former actor Twisha Sharma, alleging that their mental cruelty drove her to suicide.
India's head coach Gautam Gambhir's standing in red-ball cricket faces a crucial test as the team embarks on a two-Test series against Sri Lanka.
What Every Indian Must Know About the Quit India Movement.
Australian pacer Josh Hazlewood has become the ninth Australian bowler to take 300 Test wickets, achieving the milestone during the first Test against Bangladesh in Darwin with his 14th career five-wicket haul.
Watch Bollywood acting coach Atul Mongia talk about the secrets behind great acting on this latest episode of The Rediff Podcast.
A government school teacher in Tenkasi, Tamil Nadu, has been booked for allegedly caning 10 Class 10 female students, causing severe hand injuries and preventing them from taking exams. The incident led to a police case under the Bharatiya Nyaya Sanhita and Juvenile Justice Act after a parent's complaint.
The Indian Racketlon team, captained by Vikramaditya Chaufla, is set to defend its title at the Racketlon World Championships in Rotterdam, the Netherlands. The six-member squad, including last year's champions, will compete in the Challenge Cup, aiming to showcase India's growing prowess in the unique multi-racket sport.
Former Australian cricketers Adam Gilchrist and Kerry O'Keeffe praised Cameron Green for his fighting century against Bangladesh in the first Test in Darwin on Sunday, despite Australia suffering a nine-wicket defeat.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
India's burgeoning franchise volleyball ecosystem, particularly with dedicated Under-21 tournaments like the Guardians Trophy, is creating a structured pathway for young players. This initiative aims to develop talent from the grassroots to professional levels, fostering cultural adaptation and skill enhancement, with the ultimate goal of strengthening the senior national team and achieving Olympic qualification.
Iga Swiatek fought back from a break down in the deciding set to defeat Elina Svitolina 6-3, 1-6, 6-3 at the Canadian Open.
A devastating fire in a 12-storey residential building in Mumbai's Vile Parle area resulted in the deaths of a toddler and a woman, and injuries to six others, including a fireman. The blaze, which erupted on the 11th floor, spread rapidly before firefighters extinguished it. An investigation into the cause is underway.
Amit Malviya paid the price because he committed the cardinal mistake of himself 'becoming' the BJP's IT Cell and its social media. Malviya's removal contains a message to others -- never try to become bigger than the job that has been assigned, explains Nilanjan Mukhopadhyay.
Arsenal manager Mikel Arteta has expressed his squad's hunger and motivation to win the Community Shield against Manchester City, aiming to start the new season with a trophy after a busy recruitment period.
Student protests against alleged examination irregularities in Jharkhand have intensified, with six demonstrators on hunger strike demanding the cancellation of the 14th Jharkhand PSC Civil Services Examination and an independent probe. The agitation, which has garnered political support from both opposition and ruling allies, is set to impact the Monsoon Assembly Session, even as a CID investigation progresses and prohibitory orders are issued.
SC Delhi staged a remarkable second-half comeback, scoring five goals to defeat debutants FC Raengdai of Manipur 5-1 in the Durand Cup quarter-finals. After conceding an early goal, Joseph Sunny's brace, along with goals from Rodriguinho, Juan Sebastian Pena, and Augustine Lalrochana, secured their place in the semifinals.
A school teacher in Kerala has been suspended after a controversial question in a Social Science Club Freedom Quiz 2026 questionnaire identified V D Savarkar as the freedom fighter who received the maximum punishment from the British. The incident in Kasaragod district sparked widespread protests and criticism from Left organisations, leading to an inquiry and disciplinary action.
Rishabh Pant's dismissal for 39 against Sri Lanka in the first Test in Galle has once again brought his shot selection under intense scrutiny, with fans and former cricketers criticising his inability to convert starts into bigger scores.
A 40-year-old man allegedly strangled his two minor daughters, aged 5 and 10, inside a five-star hotel room in Bengaluru before attempting suicide. A note found at the scene cited a marital dispute and suspicion of his wife's infidelity as the motive.
As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.
Former India cricket captain Sourav Ganguly has publicly addressed the alleged death threats received by him and his family over the past six months, stating that the matter has been reported to the police and expressing confidence in their action.
Former India batter Ajinkya Rahane is set to begin his Test commentary career with the Sony Sports Network during India's upcoming two-match series in Sri Lanka.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
A R Ameen, A R Rahman's only son, escaped with minor injuries after his Porsche was involved in a collision with a cab in Chennai.
The Students and Alumni of the National Law School of India University (NLSIU) in Bengaluru have opposed Chief Justice of India Surya Kant and Bar Council of India chairman Manan Kumar Mishra attending the upcoming convocation of the varsity.
Raul Fernandez of Trackhouse Racing secured a dominant victory at the British MotoGP, leading from the start after championship leader Jorge Martin faced an early technical issue. Despite Martin's setback, he recovered to finish second, extending his overall championship lead. Marco Bezzecchi finished third, while defending champion Marc Marquez had a challenging race, finishing seventh.
Former Pakistan Test spinner and chief selector Iqbal Qasim has criticised the current generation of Pakistani cricketers for prioritising financial gain, particularly through leagues like the PSL, over dedicated skill development and game awareness, attributing this to a lack of vision among selectors and a general disinterest among young players.
Journalist Kuldip Nayar's autobiography recounts Pakistan founder Muhammad Ali Jinnah's despairing remark, "What have I done?", after witnessing the mass displacement during the 1947 Partition. The article also details Nayar's own grim experiences of the communal violence and human tragedy at the time, highlighting the immense upheaval that accompanied the division of the subcontinent, now commemorated as Partition Horrors Remembrance Day.
India and China held diplomatic talks to review the situation along the Line of Actual Control (LAC), discussing boundary delimitation, border management, and trans-border cooperation. Both nations stressed the importance of maintaining peace and tranquillity for bilateral relations and agreed to continue using existing channels to resolve outstanding issues.
The West Bengal government has revoked the Banga Bibhushan award from Rajya Sabha MP Ananta Maharaj following his controversial remarks describing Netaji Subhas Chandra Bose as a 'war criminal' and questioning the Azad Hind Fauj's role in India's freedom struggle.
Is this one car with options, or three distinct vehicles? Rajesh Karkera/Rediff.com finds out.
