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UDAN scheme revamp: Govt extends airline support to 5 years, expands VGF eligibility

The revised framework raises the flight threshold for underserved airports, introduces maintenance support for smaller cities, and aims to strengthen regional connectivity through improved route viability.

RBI Governor Sanjay Malhotra urges banks to adopt AI, strengthen cybersecurity

The central bank also highlighted customer service, fraud prevention, digital initiatives, and operational efficiency while reviewing key financial sector developments with public and private sector lenders.

IRCTC new website: Faster bookings, language support and improved passenger services

The upgraded platform will increase booking capacity, introduce features like seat preferences and fare comparison, and streamline reservations with a cleaner interface for millions of railway passengers.

Duty cuts, market access and more: What the India-UK trade deal changes

The agreement will lower tariffs on several British products entering India while giving Indian exporters duty-free access to nearly the entire UK market, with phased tariff reductions on select goods.

SEBI tightens employee rules with stricter investment and conflict-of-interest norms

The revised regulations expand disclosure requirements, introduce a two-year cooling-off period for former officials, and restrict certain investments by employees and their family members.

India's Russian crude imports hit record high despite softer global oil prices: CREA

A CREA report said India's imports of Russian crude rose 34 per cent in June to a record high, driven by higher purchases by major refiners even as Russia's overall oil export revenues declined amid softer global prices.

Apple sues OpenAI, alleges theft of confidential product information

The lawsuit claims the AI company obtained sensitive hardware details through former Apple employees, while OpenAI denied the allegations and said it does not seek competitors' trade secrets.

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