India Rolls Out AI-Driven ‘Payment Tripwire’ to Combat UPI Fraud Surge

A Digital Lifeline Under Threat Unified Payments Interface (UPI), the backbone of India’s digital payment revolution, has transformed the way citizens transact. However, its widespread adoption has also made it a target for increasingly sophisticated fraud schemes. With financial scams growing in both volume and complexity, the Indian government is now taking a bold step…

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Nayara Energy Sues Microsoft Over Unilateral Service Suspension Amid EU Sanctions Row

A Legal Battle Rooted in Geopolitical Tensions Russia-linked Indian oil refiner Nayara Energy has initiated legal proceedings against Microsoft, accusing the U.S.-based tech giant of unilaterally halting critical software services. The conflict stems from Microsoft’s interpretation of recent European Union sanctions targeting Russian energy interests. Nayara, backed by Russian oil major Rosneft, argues that Microsoft’s…

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UPI May Not Stay Free: Hints RBI

A Digital Lifeline for India In the last few years, the Unified Payments Interface (UPI) has revolutionized the way India transacts. From street vendors to large businesses, UPI has enabled seamless, real-time money transfers with a few taps on a smartphone. With over 60 crore transactions occurring daily, it has become an essential tool in everyday life and a symbol…

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Odisha Charts a New Course: 5-Year Lift Irrigation Master Plan Unveiled

Strengthening the Backbone of Odisha’s Agriculture Odisha, with its largely agrarian economy, has long relied on monsoonal rains and traditional canal systems to sustain its agricultural output. While surface irrigation systems like major and medium canals support a significant portion of farmland, a vast number of regions—especially uplands and interior blocks—continue to lack reliable water…

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Chanda Kochhar Guilty in ₹64 Crore Bribery Scandal: ICICI–Videocon Case Reignites Focus on Corporate Misconduct

A Star Banker and a Scandal That Shook India’s Banking Sector Chanda Kochhar was once hailed as a trailblazer in Indian finance—a symbol of merit, ambition, and women’s leadership in corporate India. As CEO and Managing Director of ICICI Bank, the country’s second-largest private lender, Kochhar wielded significant influence over India’s banking landscape. However, that…

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Explosive Trade: India’s HMX Exports to Russia Defy U.S. Sanctions Warnings

Sanctions, Strategy, and a Risky Trade Since Russia’s full-scale invasion of Ukraine in 2022, the United States has warned the world of severe consequences for aiding Moscow’s war effort. A critical part of this deterrence campaign involves sanctions targeting entities supplying military-grade materials to Russia. Despite this, a startling revelation has emerged: an Indian company shipped $1.4 million…

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