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The Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. This decision overturns previous rulings by lower tribunals. The court directed the reconstitution of the committee of creditors. Six banks are now included as financial creditors. Corporate guarantees were deemed financial debt under the Insolvency and Bankruptcy Code.
The Reserve Bank of India has launched Mission SAKSHAM. This initiative aims to build capacity across all urban cooperative banks nationwide. Approximately 1.40 lakh participants will undergo training. The program will enhance managerial and operational skills. It also focuses on improving compliance and strengthening institutional resilience. Board members, senior management, and employees in critical functions will benefit.
In a bid to streamline tax compliance, India's markets regulator Sebi is actively negotiating with the CBDT, the country’s tax authority. The proposal on the table suggests that foreign portfolio investors (FPIs) should have the autonomy to designate authorized signatories.
Riyan Parag is the captain of the Rajasthan Royals franchise in IPL. During Rajasthan Royals' IPL 2026 match against Punjab Kings, Parag was seen casually vaping in front of his teammates inside the dressing room.
Musk is suing OpenAI, Altman and company president Greg Brockman, alleging they abandoned the organisation’s founding mission of building artificial intelligence for the benefit of humanity.
The U.S. Department of Commerce has ordered chip equipment firms to halt tool shipments to China's Hua Hong, aiming to slow its advanced chip development. This action targets facilities believed to be producing sophisticated chips, including those for AI, impacting major U.S. suppliers like Lam Research and Applied Materials.
The UAE announced its withdrawal from OPEC effective May 1, stating the decision would have minimal impact on other members. Energy Minister Suhail al-Mazrouei emphasised respect for OPEC and Saudi leadership, noting the move followed a thorough review of the country's energy strategy.
Sheryl Sandberg, the COO of Meta emphasizes the importance of commitment and purpose in life. Her quote highlights that true fulfillment comes from pursuing meaningful goals rather than mere comfort, especially in today's work culture where purpose influences job satisfaction.
The statement emphasises a simple but important idea: the past influences the present. Experts say that history is not only about past events but also about the lessons that guide our future decisions. Ignoring or rewriting history can lead to repeated mistakes.
After days of scorching heat, several parts of north India on Tuesday witnessed a slight dip in maximum temperatures as light rain, accompanied by gusty winds and thunderstorms. Check predictions for tomorrow.
Vaibhav Sooryavanshi clobbered the likes of Marco Jansen, Lockie Ferguson and Arhdeep Singh to set the tone for Rajasthan Royals' chase of 223 against Punjab Kings in IPL 2026.
As King Charles steps into the US Congress chamber, the moment represents more than a diplomatic formality. It is a reaffirmation of a centuries-old alliance, delivered at a time when both nations face shifting global challenges.
Shaw, awarded the Nobel Prize in Literature in 1925, believed youth is defined by attitude, not age. He encouraged maintaining curiosity and playfulness to preserve vitality, emphasising that joy and creativity are essential for a balanced life amidst modern stresses.
Nifty 50 and BSE Sensex declined amid selling in banking, auto and IT stocks. Markets remain range-bound, awaiting triggers, with analysts highlighting key support and resistance levels while global cues and cautious sentiment continue to influence near-term direction.
HSBC upgraded U.S. equities to "overweight" from "neutral," citing strong earnings momentum and easing geopolitical risks. The brokerage also downgraded Europe ex-UK to "neutral" due to weaker activity and higher energy price risks. HSBC favors sectors with lower commodity input costs like banks, insurance, and technology.
Legendary NFL coach Vince Lombardi’s words continue to resonate decades later, highlighting why discipline and determination often matter more than talent or knowledge in the pursuit of success.
Yash Raj Punja took the wickets of Cooper Connolly and Prabhsimran Singh during Rajasthan Royals' IPL match against Punjab Kings. He made his IPL debut against KKR. Notably, these are the two professional matches, Yash has played so far.
