Indian Banks Collected Over ₹26,170 Crore in Minimum Balance Penalties Between FY23 and FY26
Indian banks collected more than ₹26,170 crore in penalties for failing to maintain the Minimum Average Balance (MAB) in savings…
From the newsroom
Apple Leads India’s Record $9.8 Billion Smartphone Export Growth in Q1
India’s smartphone exports reached a record $9.8 billion in the first quarter of FY2026-27 (April–June 2026), driven primarily by robust…
India to Launch Regulated Coal Exchange by 2027
India is set to establish its first regulated coal exchange by 2027, marking a major reform in the country’s coal…
Samsung raising DRAM production up to 15%
Samsung Electronics is reportedly planning to increase its DRAM (Dynamic Random Access Memory) production by up to 15% as demand…
Russia Places Telegram Founder on Wanted List Over Terrorism Charges
Russian authorities have placed Telegram founder Pavel Durov on the country’s federal wanted list over terrorism-related charges, marking a dramatic…
Microsoft Unveils Cost-Efficient MAI AI Models With Up to 89% Lower GPU Inference Costs
Microsoft has unveiled a new generation of its Microsoft AI (MAI) models, claiming they can reduce graphics processing unit (GPU)…
OpenAI Releases Codex Security CLI to Help Developers Detect Security Flaws
OpenAI has introduced Codex Security CLI, a new open-source command-line security tool designed to help developers identify, analyze, and remediate…
OpenAI Launches GPT Transcribe and GPT Live Transcribe
OpenAI has introduced GPT Transcribe and GPT Live Transcribe, two new speech recognition models designed to power next-generation voice applications…
Pangram has released Pangram 4, a new model for detecting AI-generated text
AI detection startup Pangram Labs has unveiled a new version of its AI-generated text detector that it claims achieves an…
IRDAI Approves Patanjali and DS Group’s ₹4,500 Crore Acquisition of Magma General Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has approved the ₹4,500-crore acquisition of Magma General Insurance by a…