E1 SETTLEMENT PROJECT
Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 crore
In a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account safety. Allegedly, 187 transactions involved 36 separate accounts. RTGS services have since been restored without further complications.
Israel election 2026: Netanyahu might be finished but his policies toward the Palestinians will largely endure
Israel's elections are anticipated to end Prime Minister Netanyahu's long political career while his settlement policies may endure. Many Israelis support settlement expansion despite deep divisions regarding Netanyahu's leadership and character. Netanyahu's opponents aim to address settler violence yet largely oppose a two-state solution. While new leadership might slow down settlement activities, significant changes seem improbable.
Health insurance claim settlement: Which insurers are fastest at paying approved claims?
According to data from ILM Research (previously known as Beshak Research), 15 of 31 non-life insurers paid out over 95% of their approved health claims (including cashless hospitalisation claims, where the insured does not have to pay out of pocket) within a month in financial year 2025-26, while the rest were slower.
Infosys shares fall 4% after IT major lowers FY27 guidance. What are Goldman Sachs, Nomura, others saying?
Infosys shares fell sharply on Monday after the IT major cut its FY27 revenue growth guidance to 1-2% from 1.5-3%, citing pricing pressure and a challenging demand environment. While Nomura remains bullish, Goldman Sachs, Morgan Stanley, Citi and Choice Institutional Equities flag growth concerns, with differing ratings and target prices.
RBI data centre to strengthen payment systems, cyber resilience
The Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on third-party cloud providers. Prime Minister Narendra Modi also inaugurated a cybersecurity training institute, which will develop expertise in emerging technologies. The data centre will support critical systems like RTGS and NEFT for efficient financial transactions.
F1's India comeback is gathering speed, but the road to the starting grid is far from clear
Formula 1’s return to Africa has revived hopes of an Indian Grand Prix comeback, with talks involving Formula One Management, the Adani Group and the government gaining momentum. The bigger challenge is not convincing F1 of India’s market potential but fixing the tax, customs and policy problems that drove the race out in 2013, while finding space on an already crowded calendar.
- Go To Page 1
Cabinet expansion, reshuffle likely in 2-3 days, names finalised: J-K CM advisor Nasir Wani
A cabinet expansion and reshuffle in Jammu and Kashmir is anticipated in the coming days. The government aims to balance development with the preservation of heritage, highlighting financial constraints. Development projects worth Rs 20-30 crore are ongoing or nearing completion in various constituencies. Efforts are made to improve local tourism, especially in Manasbal, while support for local artists is emphasised.
Europe Rare Temple Discovery: 1,500-year-old marble carving of mother goddess & 3 nymphs found at ancient Bulgarian sanctuary
Archaeologists have discovered a rare marble carving of the ancient goddess Cybele alongside three nymphs at the Balak Dere archaeological site in southeastern Bulgaria. The temple, believed to have been used for pagan worship from the third century AD, was destroyed by fire around the middle of the fifth century. The discovery could offer new clues about ancient religious practices in the region.
China banned TBM exports, but India is building its own tunnel boring machines; Ashwini Vaishnaw shares progress & status of 125-km Rishikesh-Karnaprayag railway line with 16 tunnels
Tunnel Boring Machine India: India is expanding its domestic tunnel boring machine (TBM) manufacturing capabilities as work progresses on the 125-km Rishikesh-Karnaprayag railway line through the Himalayas. Railway Minister Ashwini Vaishnaw said India now manufactures 8-metre and 15-metre TBMs and plans to produce machines exceeding 16 metres, amid fresh Chinese restrictions on the technology. The railway project involves 16 tunnels and 19 bridges, with around 83% of its route passing through tunnels.
In 2018, Columbia Ventures bought Jacksonville's Union Terminal Warehouse for $4.6 million; 7 years later, a $73 million overhaul transformed it into a mixed-use complex
Atlanta-based developer Columbia Ventures bought the property in December 2018 for $4.6 million in 2018. It invested $73 million for the redevelopment. The historic warehouse was reopened on March 6, 2025, as a mixed-use property. It had 228 apartments and space for offices, food businesses and makers.
A Rs. 48 crore profit on paper, a Rs. 231 loss in reality: How a debt ‘turnaround’ can be an accounting illusion
A company struggling with losses suddenly reports a profit. Its financial position appears to improve, raising hopes of a turnaround. But what if the improvement has little to do with its actual business performance? And this is when companies face questions from auditors and regulators over financial figures that present a different picture from the underlying reality.
JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investment
JSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable investment of Rs 7,500 crore from both parties, this ambitious project targets an increased production capacity of 9.5 million tonnes by FY31. In addition, further investments will support improvements in other steel and mining activities, reinforcing their competitive edge and significantly upgrading their product range.
Trump ordered to sit for deposition in $10b BBC lawsuit – his previous $10b case against CBS ended in a $16m settlement
President Trump has been ordered by a federal judge to sit for a deposition by December 11. The order comes after the BBC claimed that Trump was stalling in his defamation lawsuit against them. Trump's lawsuit concerns an edit of a documentary aired by the BBC that he alleges depicts him falsely. While the BBC has issued an apology, the broadcaster maintains that Trump did not suffer any damages.
eMudhra shares crash another 4%, down 40% in 3 sessions. What's behind this free fall?
eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. The segment contributes about 1% of its global revenue. The development follows a sharp 37% decline in eMudhra shares over the previous two trading sessions.
Swiggy narrows loss in Q2; eMudhra cofounder on what went wrong
Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.
Nippon AMC gets Sebi nod for settlement in Yes Bank AT1 case
Nippon Life India Asset Management Company has obtained in-principle approval from Sebi regarding a settlement case involving mutual fund investments in Yes Bank's AT1 bonds. With a settlement payment of ₹96.8 crore, including management fee reversals, this comes after a show-cause notice was issued in August 2024 due to alleged non-compliance. The final ruling from Sebi is still anticipated by the company and its representatives.
Trump says Camp Lejeune settlement payments could speed up, but there’s a catch
President Donald Trump has promised to speed up Camp Lejeune settlement payments for veterans and families affected by contaminated drinking water, but only if Republicans win control of the House and Senate in the November midterm elections. Here’s what claimants need to know about the pledge, compensation amounts and pending claims.
Stock crash alert! eMudhra shares plunge 37% in just two sessions. What’s unfolding?
eMudhra shares plunged 37% in two sessions after a critical security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. MeitY said its Indian digital signature and eSign services remain unaffected. The affected global TLS business contributes around 1% of revenue, but reputational risks remain.
Beyond the ballot: Why Israel's next leader may stick to Netanyahu's doctrine
Israel's upcoming election is unlikely to change its aggressive stance towards Iran and Palestinian statehood. Even if Benjamin Netanyahu retains power, he may escalate military actions and settlement expansions. The election reflects a broader trend of hardline politics, where consensus exists against Palestinian statehood. Regional policymakers expect continued confrontations while underlying issues remain unaddressed. The situation may lead to prolonged tensions in the Middle East with unresolved conflicts persisting.
Dividend alert! Last day to buy HDB Financial, Tech Mahindra, LTM among 10 stocks for dividend rewards
Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (October 23), making them eligible for the dividend.
Rs 1.7 lakh next-gen Xbox? Project Helix launch reportedly set for 2028
Microsoft's next-generation Xbox, codenamed Project Helix, could cost between $1,200 (approximately Rs 1.13 lakh) and $1,800 (approximately Rs 1.69 lakh), according to Fortune. The report says the range reflects internal projections, with the final price potentially lower if Microsoft subsidises the console. Project Helix will support Xbox and PC games, while alpha hardware is expected to reach developers in 2027.
In 2004, Florida researchers attached 36 recycled oyster shells to each reef mat; restored Mosquito Lagoon reefs later reached about 1,000 live oysters per m²
Researchers along Florida’s Atlantic coast are using recycled oyster shells to restore damaged oyster habitats. Restoration mats that include used shells are designed to create surfaces for juvenile oysters to settle. Within years, these restored areas achieved densities akin to natural reefs, indicating successful recovery efforts. The benefits extend beyond oysters, aiding in water purification and providing habitats for other marine life.
CBDT makes Form 173A mandatory to claim tax exemption on interest and gains from government securities
The Central Board of Direct Taxes has introduced Form 173A for income-tax exemption claims. This new form includes detailed information to be submitted by foreign institutional investors. Exemptions are available for interest and capital gains on government securities according to recent amendments. The Income-tax Act, 2025, provides these exemptions starting from April 1, 2026. The additional requirements aim to streamline the process for eligible investors and organizations.
PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge
PC Jeweller shares rallied 26% in two sessions after Cupid promoter Aditya Kumar Halwasiya bought 5.10 crore shares worth Rs 73.60 crore. The jewellery maker recently repaid its dues to 14 consortium banks, achieving debt-free status ahead of schedule.
Spain offers an abandoned village with 12 stone houses for €0, but there's a catch
In the heart of Galicia lies A Barca, a deserted village now available for just €0. While its enchanting stone houses whisper tales of history, the reality is that significant funds perhaps over €2 million are needed for restoration and essential infrastructure upgrades. The future hangs in the balance as the town looks for an investor willing to invest in reviving this lost gem.
Govt invokes catastrophic failure event clause against 2 highway developers
In a decisive move, the Highways Ministry has invoked regulations regarding catastrophic failures involving two contractors after significant incidents. One project in Tamil Nadu was marked by serious pavement issues, whereas a tragic reinforcement cage collapse occurred in Uttar Pradesh, resulting in loss of life. As a result, both companies face stringent penalties, including poor ratings and restrictions on bidding.
In the 1890s, a new gold process helped turn Mercur, Utah, into a boomtown of over 2,500; by 1913, the mine had closed, and the original townsite was abandoned, though mining later resumed
In the late 19th century, Mercur, Utah, became an influential mining hub fueled by new gold extraction methods, notably cyanide processing which efficiently mined low-grade ore. However, by the early 1910s, falling profit margins resulted in mine closures, contributing to the town's deterioration. Revival efforts in later decades were unsuccessful, leaving Mercur as a poignant testament to the dual nature of mineral riches.
Cloudera settles with the US government, barred from PERM program for two years over labour discrimination allegations
Cloudera has agreed to a $2 million settlement amidst claims of discrimination against qualified American employees. The company will create a $1.4 million fund to aid eligible workers and incur penalties of $600,000. Additionally, Cloudera faces a two-year prohibition from the employment-based green card labour certification program. This settlement is part of a Justice Department initiative aimed at safeguarding the rights of workers in the U.S.
Load More
