India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee - Wholesale segment shall commence on November 1, 2022," the RBI said in a statement on 'Operationalisation of Central Bank Digital Currency-Wholesale (e?-W) Pilot'. It also announced that the first pilot in digital rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.

Several exchanges are facing a cash crunch with committed investment not coming from venture capital funds and trading activity seeing a sharp decline, reports Rajesh Bhayani.

A globe spanning, 15-year investigation has led to the repatriation of 307 antiquities by the United States that were stolen and trafficked from India and valued at nearly four million dollars, the majority seized from disgraced art dealer Subhash Kapoor.

Borrowers should be careful if the app promises too-quick disbursal, and doesn't provide adequate information on the terms of the loan, such as interest rate, repayment schedule, etc.

'Mumbai's corroding infrastructure, Delhi's pollution, Bangalore's rain water drainage, Kolkata's electricity -- these are all real and serious life threatening situations.'

Gaurav Mohta, chief marketing officer, Home First Finance Company, answers home loan queries.

The high court in London on Tuesday began hearing evidence from two leading experts in the field of psychiatry to determine the level of suicide risk faced by Nirav Modi if he is extradited to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay heard from Andrew Forrester, Professor of Forensic Psychiatry at Cardiff University, and Seena Fazel, Professor of Forensic Psychiatry at Oxford University, in the final stages of the extradition appeal being pursued by the 51-year-old diamond merchant. The two psychiatrists weighed up Nirav's level of depression, which could pose a "substantial" or "elevated" risk of suicide.

Chandrayaan-1 X-ray fluorescence spectrometer detected sodium from its characteristic line in X-rays which opened up the possibility of mapping the amount of sodium on the moon, ISRO said.

The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases with a view to bolstering India's digital economy, making payment systems more efficient, and checking money laundering. In a concept note on Central Bank Digital Currency, the RBI said CBDC is aimed to complement, rather than replace, current forms of money and is envisaged to provide an additional payment avenue to users, not to replace the existing payment systems. "Supported by state-of-the-art payment systems of India that are affordable, accessible, convenient, efficient, safe and secure, the Digital Rupee (e?) system will further bolster India's digital economy, make the monetary and payment systems more efficient and contribute to furthering financial inclusion," the paper said.

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Abdullah issued a white paper on development undertaken in Jammu and Kashmir during the rule of "Abdullah and Sons" -- as Shah referred the family in his speech at a rally in Baramulla district -- to counter the allegations of corruption.

Tulsi Tanti, the founder chairman and managing director of Suzlon Energy and a renowned expert on renewable energy, died due to cardiac arrest on Saturday evening. Tanti, 64, who was also the chairman of the Indian Wind Turbine Manufacturers Association, was on his way to Pune from Ahmedabad when he suffered a cardiac arrest, a company official said. He is survived by his daughter Nidhi and son Pranav.

The chief minister said certain steps by the government, including the introduction of an electric vehicle policy in 2020 and 24-hour electricity supply, had led to an 18.6 per cent decline in air pollution levels in the last four years.

Colonel Ajay Kothiyal, Kirti Chakra, Shaurya Chakra, is one of the most decorated soldiers to join politics. He still has two bullets lodged inside his body sustained in a gun battle with terrorists in J&K.

The Punjab police on Friday claimed to have busted an ISI-backed terror module jointly handled by Canada-based gangster Lakhbir Singh alias Landa and Pakistan-based gangster Harvinder Singh Rinda with the arrest of two of its operatives.

Increasing sugar production shall create problems for the industry, whereas boosting ethanol output can bring rich returns, Union Minister Nitin Gadkari told sugar mills on Wednesday. Speaking at a conference on sugar and ethanol, organised by the Indian Sugar Mills Association, Gadkari surprised the audience comprising senior executives of sugar mills by stating that the future will become bleak for the industry if it continues to churn out high quantities of sugar. "We need more ethanol than sugar. Also, bio-ethanol is the way to go as it can be stored for a longer duration as compared to conventional ethanol. "If you increase sugar production, it will create more problems for you.

Tamil actress Pauline Jessica, popularly known as Divya, is believed to have died by suicide in her rented flat in Chennai

Aam Aadmi Party MLA Amanatullah Khan, who was arrested on Friday in connection with an alleged corruption case, was sent to a four-day Anti-Corruption Bureau's (ACB) custody for questioning on Saturday.

'It is easier to make friends with strangers as they are non-judgmental.'

Violent clashes were witnessed in Bengal on Wednesday, September 13, 2022, during the Bharatiya Janata Party's Nabanna Abhijan (March to Secretariat) protest against the Mamata Banerjee government's alleged corruption.

Modi said said that Kingsway or Rajpath, a symbol of slavery, has now been consigned to history and has been erased forever.

Here are the comparative before-and-after images of the renovated Central Vista Avenue.

From witnessing the dawn of Independence to playing host to annual Republic Day celebrations for over seven decades, the historic Rajpath in India's power capital has seen the colonial rule and basked in the glory of a free, democratic nation.

Retired POTUS Barack Obama and former First Lady Michelle Obama visited the White House for the unveiling of their official portraits on Wednesday, September 7, 2022, more than five years after they left their home on 1600 Pennsylvania Avenue.

Prime Minister Narendra Modi will on Thursday inaugurate the newly-christened Kartavya Path -- a stretch from Rashtrapati Bhavan to India Gate that will have red granite walkways with greenery all around, refurbished canals, state-wise food stalls, new amenity blocks and vending kiosks.

According to the government, it symbolises a shift from erstwhile Rajpath being an icon of power to Kartavya Path being an example of public ownership and empowerment.

The New Delhi Municipal Council on Wednesday approved a proposal to rename Rajpath as 'Kartavya Path'.

More than 55,000 Indians have been approved to study in the US in 2022.

The Centre has decided to rename Rajpath and Centre Vista lawns stretching from the Rashtrapati Bhavan to India Gate in New Delhi as 'Kartavya Path', official sources said.

The redevelopment project of the Central Vista -- the nation's power corridor -- envisages a new triangular Parliament building, a common central secretariat, revamping the three-km Rajpath, a new prime minister's residence and office, and a new vice-president's enclave.

RCMP said they received a report that the two suspects, identified as Damien Sanderson and Myles Sanderson, may have been travelling in the Arcola Avenue area in Regina.

The Supreme Court is likely to pronounce on Monday the quantum of sentence against fugitive businessman Vijay Mallya, an accused in the bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, in a contempt case where he has been found guilty. A bench comprising Chief Justice Uday Umesh Lalit and Justice S Ravindra Bhat on March 10 had reserved its order on the punishment in the contempt case against Mallya, saying the proceedings against him have hit a "dead wall". The top court had heard senior advocate and amicus curiae Jaideep Gupta on various aspects related to the contempt law and the punishment, and had granted one last opportunity to lawyer Ankur Saigal, counsel for Mallya, to file his written submissions on the sentencing aspect.

The Supreme Court on Tuesday sought the response of the National Human Rights Commission (NHRC), National Commission for Women (NCW) and the National Commission for Minorities (NCM) to pleas challenging the constitutional validity of polygamy and 'nikah halala' among Muslims.

Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created investment asset class by market regulator Sebi in 2021. Further, fund houses including Kotak Asset Management Company have filed draft documents with the markets regulator to float silver ETF as well as silver ETF fund of funds for investors, information with the Securities and Exchange Board of India (Sebi) showed. These NFOs (new fund offers) are providing an opportunity to the investors to digitally invest and own silver which is easily tradable during market hours.

A fly-past by a 220-ft-long majestic Indian tricolour, made of khadi, over the iconic Hudson river and the display of a giant billboard at Times Square are among the highlights of the grand celebrations planned to mark 75 years of India's Independence in New York this week.

By framing the right question, Satya Nadella directed his team's attention to searching for the right answer, which opened up a treasure trove of new business opportunities, which would have remained undiscovered but for framing the right question.

Equity mutual funds attracted Rs 8,898 crore in July, a 43 per cent decline compared to the preceding month as markets continued to remain volatile amid concerns over inflation and rate hike expectations. For the 17th straight month, equity mutual funds witnessed inflows in July. The net inflows in July were lower compared to Rs 15,495 crore seen in June, Rs 18,529 crore in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi) on Monday.

'It pains me to see that a lot of women still think there is no way out of a bad marriage.'

Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.

With rapid adoption of emerging technologies, the Information Technology and Business Process Management (IT-BPM) industry is expected to generate about 3 lakh jobs this fiscal year, according to a report. The IT-BPM workforce is on the trajectory to grow 7 per cent in FY23, with the overall headcount increasing from 5.1 million to 5.45 million (close to 3 lakh jobs being created), the report by TeamLease Digital, the specialised staffing division of TeamLease Services said. The 'Digital Employment Outlook Report for H1-2023' highlighted that the demand for digital skills will grow 8.4 per cent by the end of this fiscal year.