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Parli Thermal Power Station asked to stop operation of 2 units for non-compliance of pollution norms
Parli Thermal Power Stations (PTPS) had not conducted the annual...
AI has led to industrialisation of cybercrime, says Indian Cybercrime Coordination Centre CEO
``The biggest change that has come is that now cybercrime is being...
DGCA orders detailed probe of AI’s Boeing Dreamliners, Black Box of ill fated air craft recovered
The Aircraft Accident Investigation Bureau (AAIB) has confirmed the recovery of the Digital Flight Data Recorder (DFDR), commonly referred to as the black box, from the rooftop of a building at the site of the Air India Flight AI-171 crash in Ahmedabad New Delhi:...
CCPA issues advisory to e-commerce platforms for self-audit within 3 months to detect dark patterns
CCPA has also issued notices to e-commerce platforms in some cases that have been found violating the Guidelines for Prevention and Regulation of Dark Patterns New Delhi: The Central Consumer Protection Authority (CCPA) has issued advisory to all e-commerce platforms...
RBI focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
Sanjay Malhotra,Governor,Reserve Bank of India Explaining Friday's cut, RBI Governor Sanjay Malhotra said inflation had softened significantly, giving space for continuing policy easing and front loading of rate cuts. The central bank has a 4% inflation target MUMBAI:...
Central Bank ventures into insurance, buys stakes in Generali’s Indian life and general insurance JVs
Central bank acquired acquired equity stake of 24.91 per cent of Future Generali India Insurance Company for Rs 451 crore. It also bought a 25.18 per cent stake in Future Generali India Life Insurance for a cash consideration of Rs 57 crore as part of the insolvency...
RBI considers easing bank ownership rules as foreign interest grows
Banking remains one of the most guarded sectors of the Indian economy. While foreigners including portfolio investors can own up to 74%, regulations limit a strategic foreign investor's stake to 15%. MUMBAI: The Indian banking regulator is signalling possible rule...
3 PSU general insurers need Rs 152-170 billion to achieve a solvency ratio of 1.50x in FY 2026, says ICRA
“Gross domestic premium income(GDPI) growth is expected to improve in FY2026 supported by pricing discipline in commercial lines and low base, continued growth in health and increase in vehicle sales vis-à-vis FY2025. Private insurers are expected to expand their...
India poised to remain fastest growing major economy in FY26: RBI
The RBI flagged global financial market volatility, geopolitical tensions, trade fragmentation, supply-chain disruptions and climate-induced uncertainties as factors posing downside risks to the growth outlook and also upside risks to the inflation outlook. Mumbai:...
RBI to continue with supervisory measures for early risk identification
The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, RBI...
E-commerce platforms must comply with guidelines on ‘dark patterns’: Food Minister Pralhad Joshi
E-commerce players need to submit an audit report to the department of consumer affairs. He said a joint working group will also be set up for effective implementation of the guidelines and curb this unfair trade practice. New Delhi: Union Food and Consumer Affairs...
Deadline to file income tax returns extended till September 15
“To facilitate a smooth and convenient filing experience for taxpayers, it has been decided that the due date for filing of ITRs, originally due on July 31, 2025, is extended to September 15, 2025,” the Central Board of Direct Taxes (CBDT) said in a statement on...