Headlines

RBI proposes asset-based criteria for PSU inclusion in upper layer NBFC

The Reserve Bank of India on Friday proposed an overhaul of the framework for identifying upper-layer non-banking finance companies (NBFCs), suggesting a shift to an asset-size-based criterion and inclusion of government-owned entities, PTI reported.Under the draft ‘Reserve Bank of India (Non-Banking Financial Companies’ Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026’,…

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Google Maps to get better with directions with future updates, here’s what’s changing

Google Maps is updating its Fused Orientation Provider (FOP) API to improve direction accuracy in busy areas. The update combines gyroscope, accelerometer, and magnetometer data, reducing magnetic interference and benefiting Google Maps and third-party apps on Android 5.0 or above. We keep hearing about Google Maps fiasco from across the globe where it directed people…

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Piyush Goyal holds talks with Kuwait, UAE, GCC to restore trade flows, energy supplies; exporters face disruption

Commerce and Industry Minister Piyush Goyal on Friday held separate discussions with his Kuwaiti and UAE counterparts, as well as with the GCC Secretary General, on containing disruptions in energy supplies and restoring trade flows at the earliest amid the ongoing West Asia crisis. India’s trade with West Asia has been disrupted severely because of…

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EY talent chief says AI has changed who joins the company; EY now requires all early-career applicants to complete …

Artificial Intelligence is not just reshaping how corporate America works, but it’s also rewriting the rules for who gets hired and how careers progress. The Big Four firm EY says that AI is now central to its recruitment, onboarding, and promotion process, marking a dramatic shift in the traditional consulting career path. In an interview…

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