Reserve Bank of India’s (RBI) NEW DELHI: The Reserve Bank of India (RBI) imposed penalties totalling Rs 54.78 crore on regulated entities (REs) during the fiscal year ending March 31, 2025, for contraventions and non-compliance with statutory provisions and regulatory directions.According to the RBI’s Annual Report for 2024-25, released on Thursday, the central bank undertook…
Representative Image (AI-generated) Nearly 200 migrants trying to cross the Channel from France to Britain in small boats were rescued between late Friday and late Saturday, French coastal authorities said.A total 184 people were picked up in four different rescue operations, the maritime prefecture for France’s Channel and northern region said in a statement on…
LONDON: Britain will invest £1.5 billion ($2 billion) in new weapons factories to ramp up defence production capacity, the government said on Saturday, ahead of a major review of its armed forces and military strategy.The Strategic Defence Review, due to be published Monday, will assess the threats facing the UK amid Russia’s ongoing war in…
In a notable shift for a country long defined by post-war pacifism, a growing number of young Germans are rethinking careers in the defence sector, driven by the ongoing war in Ukraine and broader global instability.German arms manufacturers, traditionally absent from public recruitment events, participated for the first time in a job fair at Karlsruhe…
NEW DELHI: The Mumbai consumer commission has directed Flynas, a Saudi-based budget airline, to pay over Rs 1.25 lakh in compensation to a passenger for losing her baggage.The commission termed the airline’s conduct as “mala fide negligence” and said it had “purposely avoided all the logical actions to find the lost bag,” as stated in…
US senator Cory Booker (Video grab from X @nicksortor) A gesture made by US senator Cory Booker at the California Democratic convention on Saturday is drawing widespread comparisons to a similar move by Elon Musk earlier this year, and now, Musk himself has weighed in.Booker concluded his speech to delegates with an extended-arm gesture that…
The annual quota for EB-5 vias is restricted, with India allocated roughly 700 visas. (AI image) US President Donald Trump’s mounting restrictions on student visas, has many Indians presently in the US and prospective college applicants considering the EB-5 visa route. This visa scheme offers a route to permanent residency or Green Card for foreign…
(Pic credit: Krystal McKay’s Facebook) A Canadian man’s lottery dream turned into a legal nightmare after his girlfriend allegedly cashed in his $3.6 million winning ticket and then disappeared from his life.Lawrence Campbell of Winnipeg claims he purchased the 5 million Canadian dollar ticket but was unable to collect the prize himself because he had…
NEW DELHI: India is set to witness a sharp rise in demand for Artificial Intelligence (AI) professionals, with reports projecting a need for one million skilled workers by 2026.As the nation aims to become a $23–35 trillion economy by 2047, higher education—especially in engineering—is being reshaped to keep pace with the fast-changing job market driven…
This is a representative AI image A Florida mother has been arrested after allegedly killing her 6-year-old son in a twisted attempt to exorcise “demons” from his body, authorities said. The child’s decomposing remains were found nearly two weeks later, still lying in his bed.Rhonda Paulynice, 41, was taken into custody Friday after police discovered…
