New Delhi, Aug 5 — Chinese AI models like DeepSeek have a serious limitation due to the censorship on information in the authoritarian state and are distrusted by many governments and users worldwide even though they are cheap and capable, according to an article published by East Asia Forum.When…
Chennai, Aug 5 — The Chief Minister C. Joseph Vijay-led TVK government in Tamil Nadu has increased financial assistance for traditional fishing families during the annual fishing lean and ban periods from Rs 6,000 to Rs 7,000 per family, a move expected to benefit around 1.93 lakh families across…
New Delhi, Aug 5 — India’s shift to electric vehicles is becoming a key economic driver, with EV sales rising 46-fold from about 50,000 units in 2016 to 2.3 million units in 2025 and the market is projected to grow to $191.04 billion by 2034 at a CAGR of 54.94 per cent, the government said on…
New Delhi, Aug 5 — The Bankers' Books Evidence Bill, 2026, introduced by the government in the Parliament, is aimed at retiring a 135-year-old colonial law for a digital-era banking system in India.The Bill repeals and replaces the Bankers' Books Evidence Act, 1891, with a technology-neutral legal…
Mumbai, Aug 5 — Indian equity benchmarks ended marginally higher on Wednesday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 per cent and maintained its neutral policy stance, broadly in line with market expectations.The Sensex settled 152.05 points, or 0.19…
New Delhi, Aug 5 — India is likely to continue outperforming most major global economies despite persistent global uncertainties, supported by strong domestic consumption and rising exports, HSBC Mutual Fund India Chief Executive Officer Kailash Kulkarni said on Wednesday.In an exclusive interview…
New Delhi, Aug 5 — Social media platforms, including Meta, must comply with the law of the land, IT Ministry sources said on Wednesday, as a parliamentary panel asked Meta CEO Mark Zuckerberg to issue an "unqualified apology" within three days over the brief removal of Prime Minister Narendra…
New Delhi, Aug 5 — The India Meteorological Department (IMD) has issued a below-normal rainfall forecast for the 2026 Southwest Monsoon season due to the El Nino event, thereby providing advance guidance for preparedness and planning by the stakeholders concerned, the Parliament was informed on…
New Delhi, Aug 5 — Premium apparel brand Monte Carlo Fashions on Wednesday reported a wider consolidated net loss of Rs 23.4 crore for the quarter ended June 30 (Q1 FY27), compared to a net loss of Rs 16.2 crore in the corresponding quarter of the previous financial year (Q1 FY26).On…
New Delhi, Aug 5 — The government on Wednesday operationalised the inventory-based cross-border e-commerce facilitation framework by notifying detailed procedures for registration, inventory management, compliance, reverse logistics and dispute resolution under the Foreign Trade Policy (FTP),…
New Delhi, Aug 5 — India’s booming pre‑owned vehicle market presents a fast, practical opportunity to cut urban pollution for which the government must adopt a time‑bound national retrofit policy to convert in‑use petrol and diesel vehicles to Auto LPG, an industry body said on Wednesday.The Indian…
New Delhi, Aug 5 — The Directorate of Revenue Intelligence (DRI) on Wednesday uncovered an alleged attempt to bypass India's ban on imports from Pakistan by routing goods through a third country and misdeclaring their origin. In the operation, officials seized 364 metric tonnes of dry dates worth…
Mumbai, Aug 5 — RBI Governor Sanjay Malhotra said on Wednesday that costs have to be paid by someone for the sustainability of the public infrastructure for digital payments to run the UPI system, but this may not fall on general consumers.He was responding to a question, at a press conference…
New Delhi, Aug 5 — A Parliamentary Standing Committee on Wednesday took strong exception to the temporary removal of Prime Minister Narendra Modi's video from Facebook and has sought an apology from Meta CEO Mark Zuckerberg within three days.According to a letter sent to the Secretary of the…
New Delhi, Aug 5 — Industry bodies and economists broadly welcomed the Reserve Bank of India’s decision on Wednesday to keep the benchmark repo rate unchanged, saying the move should bolster business confidence.The Associated Chambers of Commerce and Industry of India (ASSOCHAM) said the decision…
New Delhi, Aug 5 — The Department of Posts in the Delhi Circle has set up special counters at 34 major post offices along with railway stations -- Delhi Railway Station and New Delhi Railway Station -- to facilitate timely delivery of Rakhi consignments, an official statement said on Wednesday.The…
Mumbai, Aug 5 — RBI Governor Sanjay Malhotra said on Wednesday there is no proposal to prematurely close the Foreign Currency Non-Resident (Bank), or FCNR (B), deposit incentive scheme.The RBI Governor was responding to a question at a press conference here after the announcement of the monetary…
New Delhi, Aug 5 — The Reserve Bank of India's decision to keep the policy repo rate unchanged at 5.25 per cent reflects a balanced approach to managing inflation risks while supporting economic growth amid global uncertainties, industry body PHD Chamber of Commerce and Industry (PHDCCI) said on…
Mumbai, Aug 5 — Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said the central bank is targeting the introduction of polymer currency notes by FY28 with field trials currently underway to assess their performance before a broader rollout.Speaking to IANS at the post-Monetary…
New Delhi, Aug 5 — Artificial intelligence gave a lifeline to developing countries, allowing them to achieve in a decade 'what might otherwise take a century', but only if their governments rapidly close gaps in power, connectivity, skills and institutional quality, a report has said.The report…
New Delhi, Aug 5 — India's services sector remained in expansion territory in July due to healthy export demand and continued hiring, according to the HSBC India Services PMI data released on Wednesday.The seasonally adjusted HSBC India Services PMI Business Activity Index came in at 53.3 in July…