Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.
Online search-engine leader Google Inc. is preparing to introduce an electronic payment system later this year in a move that would pose a financial threat to one of its biggest advertisers, Internet auctioneer eBay Inc.\n\n
The United States and the European Union have strongly criticised India's trade policies at the World Trade Organization review, highlighting concerns over high tariffs, quality-control orders (QCOs), and restrictions on digital trade and services, which they argue undermine India's economic openness.
Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
A labour contractor has been apprehended in connection with the collapse of a five-storey building in Delhi's Satya Niketan, which resulted in seven deaths. The building owners are in judicial custody, and investigations are scrutinising construction work and a controversial rent agreement that disclaimed liability for tenant casualties. Authorities are also planning new policies to regulate PGs and ensure safety.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.
Flipkart-backed Scapic Innovations, operating as super.money, has launched splitStore, a credit-linked e-commerce platform targeting Gen Z. It allows customers to split payments into interest-free installments, with the goal of contributing 20% to total revenue by December and transforming how India shops by providing instant access to products for new-to-credit users.
In its June 2025 review, the International Monetary Fund spotlighted India's Unified Payments Interface as the world's most dominant retail instant-payment network, moving more transactions than any other system on the globe.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.
Jharkhand students are protesting alleged recruitment exam irregularities with creative and non-violent methods, including mock job "rate cards," satirical posters, and recitations from the Mahabharata. Their agitation, spearheaded by the JPSC-JSSC Reforms Manch, focuses on demanding reforms, cancellation of the 14th JPSC Civil Services Examination, and an independent probe, while adhering to a strict code of conduct against abusive language.
Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.
The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.
Southern chief ministers fear population stabilisation could reduce their parliamentary representation and tax devolution benefits.
The Reserve Bank of India (RBI) is developing digital public infrastructure and payments intelligence platforms using artificial intelligence and application programming interfaces to improve customer experience and strengthen the payments ecosystem.
A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.
...and 3 lakh for harassment.
The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.
The much-delayed graded payments system for Indian cricketers is unlikely to be finalised before the Asia Cup, BCCI sources said.
'Improved law and order and transparent governance have helped change UP's investment image.'
FinMin working to ensure all govt transactions are done electronically, says official
Following alleged thefts at the Ram temple in Ayodhya and other incidents, prominent temples across India, including Baba Balak Nath Temple in Himachal Pradesh and Ambaji temple in Gujarat, are implementing stringent new rules for counting offerings. These measures include mandatory pocketless clothing for staff, extensive CCTV surveillance, metal detector frisking, and promoting digital payments to ensure transparency, honesty, and accountability in donation management.
Two individuals have been arrested for allegedly tampering with the CCTV surveillance system at the M Chinnaswamy Stadium during an IPL match between RCB and GT. The accused reportedly disrupted surveillance coverage by damaging network video recorder systems and optical fibre connections.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Tata Sons has the balance sheet to support them, for now.
'It is a tradeoff between convenience and fraud prevention.'
A senior Microsoft executive says India is uniquely positioned to lead the next phase of global AI deployment, driven by a massive developer base, rapid enterprise adoption, and robust digital public infrastructure.
Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.
Across India, Gen Alpha students (born between 2010 and 2024) are increasingly taking to the streets to protest against poor school infrastructure, lack of teachers, and unhygienic conditions, leading to some significant wins and drawing attention to the declining state of public education.
L&T Technology Services (LTTS) has announced a strategic partnership with Anthropic to integrate its Claude AI models into LTTS' engineering processes and AI platforms. This collaboration aims to redefine engineering work by enabling faster decision-making, streamlining workflows, and accelerating innovation for global clients, coinciding with Anthropic's new rupee-denominated pricing for Indian customers.
The Securities and Exchange Board of India (Sebi) is working on a new payment system for the secondary market, which could prevent brokers from accessing their client funds. It will be on the lines of the Application Supported by Blocked Amount (ASBA) process used for subscribing to initial public offerings (IPOs), where funds move out of an investor's bank account only after the trade is confirmed. Sebi chairperson Madhabi Puri Buch on Wednesday said that despite the challenges, the new system would be ready in a few months.
The Rajya Sabha has passed The Bankers' Books Evidence Bill, 2026, which aims to replace a British-era law and allow digital and virtual records to be admissible as evidence in courts. This legislation aligns with contemporary digital banking practices and extends a uniform evidential framework to various financial entities, including NBFCs and fintech companies. Finance Minister Nirmala Sitharaman highlighted the bill's role in strengthening public confidence and safeguarding customer privacy. The bill's passage, however, saw an Opposition walkout over unrelated issues.
Taxpayers must provide more details to support deduction and exemption claims.
The Jharkhand government has cancelled 44 recruitment examinations conducted by the state Public Service Commission (JPSC) and an outsourced agency since 2014, including the JSSC Combined Graduate Level (CGL) examination, following a 25-day student agitation over alleged irregularities. This decision has led to protests from around 2,000 candidates who had already been appointed to various state government departments after clearing the JSSC-CGL exam.
The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.
