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RBI enhances customer protection for electronic banking transactions

New Delhi, June 24 -- To enhance protection for customers, the Reserve Bank of India has asked banks to put in place a mechanism for compensation of up to Rs.25,000 for small value fraudulent electron... Read More


Beyond SEZs: Companies want more than Industrial parks

New Delhi, June 24 -- The debate over Karnataka's proposed AI City in Bidadi extends far beyond a single 9,000-acre project. It raises a larger question about the future of industrial development in I... Read More


India among Everpure's key APJ markets amid AI-led data centre boom

New Delhi, June 24 -- India is emerging as one of Everpure's core markets, driven by investments from telecom operators, banks, and digital-native companies, as AI fuels demand for data storage, sover... Read More


Markets rebound as global uncertainty eases; crude falls, RBI calms rate hike concerns

New Delhi, June 24 -- Equity markets staged a smart recovery on the back of positive signals including the slide in crude oil prices and RBI dousing the fear of possible rate hike to control soaring i... Read More


AI coding costs to surpass average developer's salary by 2028: Gartner

New Delhi, June 24 -- Gartner has predicted that the financial cost of AI coding tools will overtake the average software developer's salary by 2028. This rapid escalation is driven by a massive surge... Read More


G-Secs rally on RBI Guv's 'it is premature to talk about a rate hike' comments; Brent crude oil price fall also lends support

New Delhi, June 24 -- Government securities (G-Secs) rallied on Wednesday as RBI Governor Sanjay Malhotra said it is premature to talk about a rate hike and Brent crude oil price fell to below $76 a b... Read More


ED accuses Rajesh Exports of FEMA violations, 'significant departures' from trade norms

New Delhi, June 24 -- A day after pan-India searches at premises of Rajesh Exports Ltd, the Enforcement Directorate (ED) on Wednesday accused the gold refiner and jewellery manufacturer of indulging i... Read More


Tech Mahindra CEO's salary jumps 12% to Rs.67.55 crore in FY26

New Delhi, June 24 -- Tech Mahindra CEO Mohit Joshi's salary jumps by 11.76 per cent to Rs.67.55 crore in FY26, 1,085.27 times the median emloyee salary, as per the company's annual report. Joshi's s... Read More


S&P upgrades Bharti Airtel to BBB+ on strong India, Africa growth outlook

New Delhi, June 24 -- Bharti Airtel (Airtel) has been upgraded to a 'BBB+' rating from 'BBB' by S&P Global Ratings, reflecting strong growth in Africa and India and balance sheet discipline. The ... Read More


Ex-ante competition regulation is crucial in the AI age, especially for India's start-up ecosystem: Kush Amlani, Director-Global Competition, Mozilla

New Delhi, June 24 -- It's been two years since the Indian government proposed a draft Digital Competition Bill that pushes for a digital services regulation with an ex-ante (proactive) approach rathe... Read More