Australia remain at the top of the World Test Championship standings. They have won seven of their eight matches, lost one, collected 84 points and have the best Points Percentage (PCT) of 87.50. Pakistan climbed to eighth after their win over the West Indies. They have won two and lost four of their six matches….
Dipam secretary said that after offloading 6.5% in LIC, public shareholding in the life insurance major is now at 10% level, MUMBAI: The government has mobilised Rs 31,552 crore by divesting a 6.5% stake in life insurance major LIC through the offer for sale (OFS) that closed on Wednesday. Compared to 82.2 crore shares that…
In the past, RBI officials have supported fees at least for large transactions MUMBAI: RBI governor Sanjay Malhotra said consumers already bear the cost of UPI transactions through the broader economy even if merchant fees are not explicitly charged.Responding to questions at a press conference on enabling merchant fees on UPI, Malhotra said it was…
Airtel Money has now achieved meaningful scale with Q1 revenue of over $400 million, growing at 26% year-on-year in constant currency terms NEW DELHI: Airtel Money is preparing for a London listing in the second half of 2026, Bharti Airtel executive VC Gopal Vittal said on Wednesday. Airtel Money is a mobile commerce service that…
Savita training with Pirmin Blaak With ten days to go before India’s opening match against China at FIH Women’s Hockey World Cup at Wagener Stadium in Amstelveen, the Netherlands, the Indian women’s team is fine-tuning every aspect of its preparation. For goalkeepers Savita Punia and Bichu Devi Kharibam, that has meant learning from one of…
Kumar described governance risks as isolated and manageable events rather than structural failures MUMBAI: HDFC Bank’s newly appointed chairman Rajiv Kumar said the lender’s corporate governance remains fundamentally uncompromised, while asserting that the board will ensure control functions stay fully empowered with zero tolerance for unethical practices.Addressing leadership changes and external scrutiny after the exit…
The shake-up comes during a pivotal juncture for Google DeepMind: the flagship version of its latest Gemini model remains unreleased Google parent company Alphabet on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role and as several leaders of its Gemini model, including veteran engineer…
The classification has gained attention after Tata Sons sought to de-register as an NBFC to avoid mandatory listing requirements MUMBAI: RBI governor Sanjay Malhotra indicated that Tata Sons continues to be on the list of upper layer NBFCs, even as the central bank is yet to release its updated classification based on revised principle-based criteria….
RBI noted that core inflation excluding precious metals stood at 2.3% to 2.5%, while headline inflation pressures were driven largely by supply-side factors MUMBAI: RBI raised its growth projections and lowered inflation estimates while the monetary policy committee voted unanimously to keep the repo rate unchanged at 5.25% and retain a neutral stance, signalling no…
Central bank is preparing to pilot the new currency substrate after securing govt approval for large-scale field trials MUMBAI: Polymer banknotes are likely to enter circulation at the beginning of FY28, RBI governor Sanjay Malhotra said, as the central bank prepares to pilot the new currency substrate after securing govt approval for large-scale field trials….