Latest News, Updates & Breaking Headlines
People show their mobile phones during the nationwide test of the new ‘Cell Broadcast Alert System’, in Patna on Saturday Phones shrieked. Screens flashed. A commuter lunged for an emergency chain. Theatre audiences froze. Patients gripped chairs. With tensions in West Asia already on edge, many feared the worst as confusion swept cities — before…
India’s financial ecosystem has undergone a major transformation in recent years, with the Unified Payments Interface (UPI) emerging as the centrepiece of the country’s digital payments revolution. Just ten years ago, financial transactions in the country were slow and largely cash-dependent but now, they are just a touch or click away, enabling instant, seamless and…
The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the government moves to tighten oversight of supplies disrupted by the ongoing Middle East war.The oil ministry has issued the Petroleum and Natural Gas (Furnishing…
A Zepto software developer, Kritika Kumari, was stranded in Dubai amidst escalating Middle East conflict. NEW DELHI: Stranded in Dubai as the Middle East erupted into chaos, Kritika Kumari, a software developer at quick commerce platform Zepto, found herself navigating a tense mix of uncertainty, canceled flights, and missile strikes — and still managed to…
Veteran investor George Noble warns OpenAI is “falling apart” despite its $500 billion valuation. He cites internal “Code Red” alerts, declining ChatGPT traffic, massive quarterly losses of $12 billion, and unsustainable costs for tools like Sora. Key departures and Elon Musk’s lawsuit further highlight significant internal turmoil and financial strain. Veteran investor George Noble has…
India’s Unified Payments Interface (UPI) has been recognised as the world’s largest retail real-time payment system by transaction volume, accounting for nearly half of all such transactions globally, the government told Parliament on Monday.Citing an International Monetary Fund (IMF) report titled ‘Growing Retail Digital Payments (The Value of Interoperability)’ dated June 2025, the government said…
The Airports Authority of India (AAI) is set to launch an online monitoring system that will track airport development projects in real time, as the state-owned operator steps up oversight of ongoing capital works, PTI reported citing a senior official .The platform, which has been under development for around a year, will allow round-the-clock review…
NEW DELHI: To deal with the upcoming Chhath rush, the railways is using real-time heat-mapping of 35 major stations to monitor heavy passenger movement, rushing standby unreserved trains close to these stations to clear the surge of travellers and creating holding areas for crowd control. These measures are based on passenger data from the festive…
India’s new real-time cheque clearance system, introduced by the Reserve Bank of India to speed up payments, is facing early teething issues.Many customers have reported delays as the bank staff is struggling with new processes, and technical glitches are affecting cheque processing, ET reported.The first phase of the continuous clearing and settlement process under the…
MUMBAI: India took a step closer to becoming a global financial hub with the launch of the foreign currency settlement system (FCSS) at GIFT IFSC, Gujarat, by FM Nirmala Sitharaman during the Global Fintech Fest here. “Currently, foreign currency transactions at IFSCs are routed through correspondent banks, taking 36-48 hours for settlement. The new FCSS…
