India Financial News

State Bank of India, ICICI Bank and Axis Bank are facing challenges in servicing about 38,000 ATMs, many of which are running out of cash, people in the know said. SBI is the most affected, with nearly 14,000 ATMs becoming unserviceable, people in the know said. While 7,000-8,000 of those are managed by AGS Transact, there remaining are where the company provides cash replenishment services. ICICI Bank, one of the earliest banks to start withdrawing its ATMs from the AGS Transact network after facing service issues, is close to taking control of its ATMs. The private sector bank has moved out a majority of its ATMs to other ATM service providers like CMS Infosystems and Hitachi India. People aware of the issue said the lender had raised poor service issues with the AGS Transact board in December itself.

India’s bowlers stuck to their guns, attacking the stumps and keeping the batsmen honest. In turn, New Zealand’s finest seem to have got a measure not only of the conditions and opposition but of what was needed in a tournament final. At no time did New Zealand’s batting look under pressure, harried or hurried. It was as though they had mentally set themselves a target of something in the region of 250, and were planning their way there, rather than aiming for 300 and falling well short. Rachin Ravindra was a treat to watch for his 37 and Daryl Mitchell ensured that the innings was held together with 63. If New Zealand were kept on a tight leash by India’s spinners, with wickets falling just regularly enough to ensure that the game was always within grasp, Michael Bracewell, at No 7, kept New Zealand competitive with a breezy 53.

Waqf Amendment Bill passed, and the Opposition looking to raise the issue of US planning to impose reciprocal tariffs on India, and the political slugfest over language and the delimitation issues. The Finance Bill and Demands for Grants are the crucial items on the legislative agenda — approval for both is mandatory for completing the budgetary process. The discussion on the demand for grants for several ministries would be held in both houses of Parliament. President's Rule in Manipur

weekend freedom through a continuous onslaught of emails and text messages? At work, we feel like slaves to continuous deadlines and targets, and feel confined by day-to-day problems and workfires, which inevitably steal our available time. What are freedom and slavery? Despite living as slaves under imperial governments, Gandhi and Mandela were free humans. They did what they liked, thought what they wanted, and determined their priorities as they preferred. Even in prison, they expressed themselves in the context of their value systems, ignoring iron bars that locked their physical beings. Indian spirituality differentiates among mind, intellect and soul as three separate components of our being. Our mind is a centre of emotions, intellect is a place for logic and reasoning, and soul is our real self. In Bhagwad Gita, chapter 2.55, Krishn says that when one thoroughly casts off cravings of mind and is satisfied in the Self, he has a stable mind, Stithaprajna. Krishn prescribes meditation to achieve this stable mind.

Luxon, who will also be the chief guest at this year's Raisina Dialogue, will seek to beef up security and trade ties during his four-day visit, according to persons familiar with the development. The visit comes amid alarms in Wellington over the Chinese military's growing presence and engagement with the Pacific Island states.

health ministry has asked the Indian Premier League (IPL) and the cricket board to ban all forms of tobacco and alcohol advertising, including surrogate ads, at stadiums and related events, as well as during telecast sessions on national television. In a letter to IPL chairman Arun Singh Dhumal, director general of health services Atul Goel also sought doing away with the sale of tobacco and alcohol products in all affiliated events and sports facilities. The letter, dated March 5 and also addressing the Board of Control for Cricket in India, asked the sports bodies to discourage sportspersons (including commentators) from directly or indirectly endorsing products linked to alcohol or tobacco.

Virat Kohli and Anushka Sharma hugging each other at the Dubai stadium. India won another global cricket tournament with a four-wicket victory over New Zealand in the Champions Trophy final on Sunday. Rohit Sharma led the chase with 76 off 83 balls and Lokesh Rahul’s unbeaten 34 helped India cross the finish line on 254-6 in 49 overs to win the Champions Trophy for the third time.

Shoaib Akhtar called India as the best team of the Champions Trophy, saying the Men in India deserve to lift the trophy. «The best team of the tournament has won the Champions Trophy. That too without dropping a single match!!» said the Pakistani bowler in a post on his social media platforms. India won another global cricket tournament with a four-wicket victory over New Zealand in the Champions Trophy final on Sunday.

La Nina may not be sufficient to offset the rising temperatures in a warmer future. As India grapples with unusually high temperatures, the India Meteorological Department (IMD) has predicted an early and intense summer this year, with prolonged heatwaves. The country recently saw its warmest February since 1901, along with one of the driest winters in recent history, which has raised concerns about the ongoing climate crisis. Human-caused climate change is leading to a «new normal» of warmer winters and shorter springs. However, scientists emphasize that annual weather patterns, known as «year-to-year variability,» still play a crucial role in influencing seasonal conditions.

Digvijaya Singh on Sunday said he was asked not to speak against the RSS while campaigning in Gujarat for fear of «angering Hindus» and hailed Rahul Gandhi's tough talk in that state a day earlier on those in the party helping the ruling BJP. Addressing Congress workers in Ahmedabad on Saturday, Gandhi had said the party's first job was to separate two groups of Congress workers and leaders — ones who carry the party ideology in their hearts and stand with the public and the others who were cut off from the public, «half of whom are with the BJP». He had underlined the need to filter out such leaders and workers and had warned of strict action, even removals. In a post on social media platform X on Sunday, Singh congratulated Gandhi for his statement and said, «I remember when I went to Gujarat to campaign as the Chief Minister of MP, I was instructed not to speak against the RSS. Hindus will get angry.»

Odisha government on Sunday issued an advisory to all collectors given the India Meteorological Department's (IMD) forecast on the rise in the daytime temperature. In a weather bulletin, the IMD said that the daytime temperature would rise by 3 to 5 degrees Celsius during the next four to five days in the state. The maximum temperature is expected to increase to about 40 degrees C and above over isolated places of Sundergarh, Jharsuguda, Sambalpur, Sonepur, Boudh and Bolangir districts during the next five days, it said. Given this forecast, the office of the Special Relief Commissioner (SRC), Odisha, advised the collectors to circulate the hot weather warning message among the public.

Lenskart cofounder and CEO Peyush Bansal has stood out for building an omni-channel retail business in a competitive eyewear sector. The Gurgaon-based company managed to balance rapid scale with operational performance, growing to more than 2,500 stores in India and Southeast Asia, while keeping losses in check. “Businesses need to be built around a purpose and a mission, and sitting with India Inc’s top bosses, my belief has been further reinstated today,” said Bansal, who was adjudged the Entrepreneur of the Year at the ET Awards. “We are driven by the purpose of giving vision to people and I believe if you stay close to those values, rest everything will fall in place,” Bansal said, adding that the recognition takes the expectations from the company higher.

Rohit Sharma’s journey as India’s white-ball captain has been nothing short of extraordinary. At this moment, no proof is needed to claim that. India have been crowned as Champions for the record third time, and Hitman deserves all the appreciation for this one. While no one can erase the harsh memories of November 19, 2023, where India lost the ODI World Cup to Australia, Sharma, led India to a T20 World Cup victory in June last year and now it's the Champions Trophy. With multiple ICC trophies, Asia Cup titles, and record-breaking performances, he has now cemented his place as one of India's greatest leaders in limited-overs cricket.

Rohit Sharma and his men overcame a fierce challenge from New Zealand on Sunday to clinch their third Champions Trophy title in style. Both India and New Zealand have tasted success in this tournament before. India's last triumph came in 2013, while they finished as runners-up to Pakistan in 2017. The Men in Blue also shared the title with Sri Lanka in 2002 after a rain-marred two-day final. New Zealand, on the other hand, won the Champions Trophy in 2000—then known as the ICC Knockout Trophy—defeating India in the final at Nairobi, Kenya. To this day, it remains the Black Caps’ only ICC limited-overs title.

Champions Trophy title in style. Both India and New Zealand have tasted success in this tournament before. India's last triumph came in 2013, while they finished as runners-up to Pakistan in 2017. The Men in Blue also shared the title with Sri Lanka in 2002 after a rain-marred two-day final. New Zealand, on the other hand, won the Champions Trophy in 2000—then known as the ICC Knockout Trophy—defeating India in the final at Nairobi, Kenya. To this day, it remains the Black Caps’ only ICC limited-overs title.

Rohit Sharma and his deputy Shubman Gill stirred memories of cricketing legends Sourav Ganguly and Sachin Tendulkar by becoming only the third opening pair to achieve a century-plus partnership in a Champions Trophy final. The atmosphere was electric as India faced New Zealand in front of a packed crowd in Dubai on March 8, both teams vying for the prestigious Champions Trophy. New Zealand, bolstered by a late innings rally from Daryl Mitchell (63) and Michael Bracewell (53-), managed to post a challenging total of 251/7. In response to this significant target, Rohit and Gill set a brisk pace for the chase with their dynamic batting. Rohit took the role of the aggressor while Gill balanced both an offensive and defensive approach. Together, they constructed a solid opening partnership of 105 runs, marking themselves as just the third pair in history to reach this milestone in a Champions Trophy final.

Uddhav Thackeray on Sunday accused the BJP of poisoning society and asked his supporters to respond to the ruling party's favoured 'Jai Shri Ram' slogan with 'Jai Shivaji' and 'Jai Bhavani'. He was addressing Sena (UBT) workers at an event here. «If anyone says Jai Shri Ram, do not let the person leave without making sure that he says Jai Shivaji and Jai Bhavani. »The BJP has poisoned our society. I am going to give the BJP a tough time for what they have done to our society," he said.

Amit Shah on Sunday laid the foundation stone of the Rs 316.82 crore 'Para High Performance Centre' in Gandhinagar virtually and reiterated India's resolve to host the 2036 Olympics. He said 10 big stadiums are going to be built at the Sardar Patel Sports Complex, located next to the Narendra Modi Cricket Stadium, he said. «India has resolved to hold the 2036 Olympic Games in these 10 complexes. Gujarat has already started preparations for this event,» Shah said. The Para High Performance Centre will play an important role in providing world-class training to Gujarat's para athletes through excellent infrastructure for state-level, national-level and international competitions, Shah said.

central banks are getting a painful refresher in economic theory. Monetary authorities in China, India and elsewhere have waged a prolonged campaign against the strong dollar, using a mix of official reserves and opaque derivatives trades to defend their currencies. But their moves have pushed up borrowing costs for local banks just when slowing economies need more liquidity. China’s overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields. Banking liquidity in India suffered its highest deficit in at least 14 years earlier this year and overnight borrowing costs jumped. Liquidity also dried up in Indonesia and Malaysia following central bank currency interventions. These moves are explained by what economists call the impossible trinity, the idea that countries can’t simultaneously control their currencies, independently set interest rates and allow capital to move freely across borders. Something will break or give way.

«If the third child is a boy, we will give a cow and a calf. Will make a fixed deposit of Rs 50,000 if the third child is a baby girl. The Indian population has to rise,» Appala Naidu told PTI on Sunday. The parliamentarian said he was inspired by the calls given by Chief Minister N Chandrababu Naidu and Prime Minister Narendra Modi to raise India's population.

Subscribe to enjoy similar stories. The copyright suit filed by top music labels such as Saregama, T-Series and Sony, concerned about the unauthorized use of their sound recordings by Microsoft-backed Open AI, reflects the broader challenges posed to India’s music business. Entertainment and legal industry experts say labels which hold the rights to extensive music catalogues face the risk of their content being used without proper compensation or acknowledgement.