Elon Musk's brain-computer interface company, Neuralink, achieved a major milestone on Monday -- its first successful human implantation. While details about the patient and the exact purpose of the implant remain confidential.
Reserve Bank of India (RBI) has imposed a penalty of Rs7.25 lakh on five cooperative banks, for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs5 lakh has been imposed on Dr Panjabrao Deshmukh Urban Cooperative Bank Ltd from Maharashtra.
The 'PM GatiShakti Summit: Towards Logistics Efficiency and Integrated Infrastructure Planning', organized by the Federation of Indian Chamber of Commerce & Industry (FICCI), in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT) took place in New Delhi.
Private sector lender AU Small Finance Bank on Tuesday informed exchanges that it has appointed Harun Rashid Khan, former deputy governor of the Reserve Bank of India (RBI), as non-executive chairman following approval from the shareholders.
Prime Minister Narendra Modi is set to address India’s first-of-its-kind mobility show, which aims to showcase the country’s growing role as a global hub for mobility. The event, Bharat Mobility Global Expo, will be organised during February 1-3 in the national capital.
Tata Motors surpassed Maruti Suzuki (India) (MSIL) to become the most-valuable automobile company, in terms of market capitalisation (m-cap), after a gap of seven years. The combined m-cap of Tata Motors (Rs 285.51 crore) and Tata Motors DVR (Rs 29,119 crore) stood at Rs 3.146 trillion.
India finished at the fifth spot in the inaugural FIH Hockey5s Men's World Cup Oman 2024 in Muscat after defeating Egypt in their final game by 6-4. India took a strong lead in the first half with five goals to Egypt's one. Egypt tried a comeback in the second half by scoring three goals in the second half but India held their ground and secured the victory.
As the Khelo India games ended , Maharashtra bagged the overall championship for the fourth time in six editions with 57 gold, 48 silver and 53 bronze for a total of 158 medals. Host Tamil Nadu ended second in the medal tally with a total of 97 medals, including 38 gold, 20 silver and 39 bronze while Haryana finished third with 35 gold, 22 silver and 46 bronze.
Reserve Bank of India has directed Paytm Payments Bank Ltd to stop onboarding new customers with immediate effect and has barred it from accepting deposits after the 29th of February. RBI said in a press release that action is being taken against Paytm for persistent non-compliance and continued material supervisory concerns in the bank.
World Interfaith Harmony Week is celebrated annually in the first week of February. The week transforms into a global platform for fostering peace and understanding. Established in 2010 by the United Nations General Assembly, it serves as a powerful reminder of the importance of dialogue, respect, and collaboration across different faiths.
India has added five more wetlands to the List of Wetlands of International Importance, or the Ramsar List, taking the number of such sites in the country to 80. The announcement of adding five more sites, three in Karnataka and two in Tamil Nadu, to the list was made by Federal Minister of Environment, Forest and Climate Change Bhupender Yadav.
The government has slashed the import duty by 5 percent on some parts used for manufacturing of mobile phones. According to a Finance Ministry notification, duty has been lowered on components such as battery cover, front cover, middle cover, main lens, back cover, GSM Antenna, SIM socket, screw and and other mechanical items of plastic and metal.
The Competition Commission of India (CCI) has approved subscription of compulsorily convertible preference shares of API Holdings Limited by Goldman Sachs India AIF Scheme-1 and Goldman Sachs India Alternative Investment Trust AIF Scheme-2.
The Indian Coast Guard was established on February 1, 1977, to prevent the sea-borne smuggling of goods that hampered the economy. The responsibilities of the Coast Guard include offshore security, marine safety, and coastal security as well as safeguarding India’s Exclusive Economic Zone (EEZ).
The Reserve Bank of India’s (RBI) Digital Payments Index, a measure of the extent of digitisation of payments across the country, increased to 418.77 in September 2023 from 395.57 in March 2023. The RBI-DPI has been constructed with March 2018 as the base period, that is, the DPI score for March 2018 is set at 100.
Retail inflation for industrial workers eased marginally to 4.91 per cent in December from 4.98 per cent in November 2023, mainly due to lower prices of certain food items.
Food inflation stood at 8.18 per cent (in December 2023) against 7.95 per cent of the previous month (November 2023) and 4.10 per cent during the corresponding month (of December 2022) a year ago.
The BRICS group, a key platform for emerging markets and developing countries, has officially welcomed five new members: Egypt, Iran, Saudi Arabia, the United Arab Emirates, and Ethiopia.
Their membership took effect on Monday, marking a significant expansion for the bloc originally founded by Brazil, Russia, India, China, and South Africa.
India's goods and services tax (GST) collection in January 2024 stood at ₹1,72,129 crore, registering a 10.4% Year-o-Year (Y-oY) growth over the revenue of ₹155,922 crore collected in January 2023, the finance ministry said in a statement. It is the second highest monthly collection ever and marks the third month in this financial year with collection of ₹1.70 lakh crore
The billionaire sultan who rules Malaysia’s Johor state was sworn in as the nation’s new king under a unique rotating monarchy system. Sultan Ibrahim Iskandar, 65, took his oath of office at the palace and signed the instrument of the proclamation of office in a ceremony witnessed by other royal families, Prime Minister Anwar Ibrahim and Cabinet members.