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 Delhi High Court on Wednesday passed an interim order directing the removal of allegedly infringing online content targeting Alakh Pandey, CEO and Founder of edtech platform Physics Wallah, in a suit seeking protection of his personality and publicity rights against the…
Chennai, Aug 5 — The Chief Minister C. Joseph Vijay-led TVK government in Tamil Nadu will establish a dedicated Artificial Intelligence (AI) and innovation city, named 'Arivagam', as part of a major push to position the State as a hub for AI, deep-tech industries and technology-driven…
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…
Thiruvananthapuram/New Delhi, Aug 5 — A proposal to bring together eight premier scientific and research institutions in Thiruvananthapuram under a coordinated research cluster received an encouraging response from the Centre on Wednesday, with Union Minister for Science and Technology Dr Jitendra…
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 — A fake call from a person posing as an HDFC Bank executive proved costly for a Delhi resident, leading to the fraudulent use of his credit card and a loss of more than Rs 1 lakh. The Cyber Police Station of East District has cracked the case and arrested two accused allegedly…
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…
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…
Mumbai, Aug 5 — The Reserve Bank of India (RBI) on Wednesday projected consumer price inflation at 5 per cent for FY27, while expecting it to rise further in the near term.Announcing the Monetary Policy Committee's (MPC) decision to keep the repo rate unchanged at 5.25 per cent, Malhotra said…
New Delhi, Aug 5 — The Indian economy has remained resilient amid persisting global headwinds, RBI Governor Sanjay Malhotra said on Wednesday, adding that high frequency indicators available so far point towards steady domestic demand in Q1 2026-27.Private consumption remained robust. Investment…
New Delhi, Aug 5 — More than 6.64 crore jobseekers have registered on the National Career Service (NCS) portal since its inception, with 2.89 crore active jobseekers currently on the platform, an official statement said on Wednesday.In the Lok Sabha, Union Labour and Employment Minister Mansukh…
New Delhi, Aug 5 — Terming India as the fastest-growing economy amid persistent global uncertainties, the Reserve Bank of India (RBI) on Wednesday projected real GDP growth at 6.7 per cent for FY27, 10 bps higher than its previous projection of 6.6 per cent in the prevision Monetary Policy…
New Delhi, Aug 5 — The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting.The Standing Deposit Facility (SDF) rate also remained at 5 per cent, while the Marginal Standing…
Mumbai, Aug 5 — Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the outcome of the Monetary Policy Committee's (MPC) three-day meeting on Wednesday, with economists and market participants widely expecting the central bank to keep the benchmark repo rate unchanged at 5.25…
Seoul, Aug 5 — E-commerce giant Coupang said on Wednesday it swung to a net loss in the second quarter from a year earlier due to fines related to a massive data breach.In the three months that ended in June, the U.S.-listed company shifted to a net loss of 865 billion won (US$570 million) from a…