INTERNET AND MOBILE ASSOCIATION OF INDIA

Tea industry groups back panel's proposal for minimum sustainable price as costs outpace prices

Five tea industry associations have welcomed the government committee's recommendation for a minimum sustainable price for tea. This recommendation aims to address rising production costs that are exceeding the prices received by producers. The proposed benchmark price is linked to wage movements and consumer price indices, which will be reviewed periodically. Producers believe this pricing mechanism will help absorb wage increases and support investment in tea production.

India holds Pernod, Diageo Scotch shipments as investigators seek 150% tariff

Indian customs has detained dozens of containers of bulk Scotch imported by Pernod Ricard and Diageo, seeking a 150% tariff instead of the reduced 75% duty under the India-UK trade pact. The dispute persists despite assurances from the commerce ministry, raising concerns over supply disruptions and the trade deal's implementation.

Prosus widens India fintech play after years of consumer internet bets

The Amsterdam-listed technology investor is also close to investing in artificial intelligence-led credit management startup Oolka, people familiar with the matter said. Prosus evaluated credit-on-Unified Payments Interface (UPI) startup Kiwi in October and savings platform Jar in 2025 before deciding not to invest. Prosus declined to comment on specific deals.

'50 crore out of poverty': Piyush Goyal says India's next big aspiration is better mobility

These 7 private and public banking stocks have an upside of up to 20% in one year, according to analyst

When FPI money returns, there are two parts of the market that tend to draw it first: Financial services broadly, and banks within it. So the very thing that worked against these stocks when the FPIs were selling has started to work for them now that the foreigners are buying. Monday saw the first clear sign of it.

India well on track to achieve $1 trillion exports target for FY27: Piyush Goyal

Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.

Delhi's river tourism begins with the launch of Yamuna recreational cruise service

Delhi has launched its first ever recreational cruise service on the Yamuna River to encourage local tourism. This innovative program invites residents and tourists alike to explore the river's stunning landscapes and rich cultural heritage. With various engaging attractions on board, the service aims to stimulate regional economic activities and public involvement.

Bank holiday on Diwali/Bali Pratipada? Are banks open or closed today on November 10, 2026?

Bank holiday today: Bank branches in few states will be closed on November 10, 2026. This closure is due to the observance of Bali Pratipada and other festivals. Customers will be unable to conduct branch transactions on this day. However, digital banking services will remain available for various transactions. Customers can utilize UPI payments, ATM cash withdrawals, and online banking facilities during the holiday.

Indian organisations on edge as sites fail to Captcha AI intruders

Personal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US banks, including JPMorgan Chase, Bank of America, Wells Fargo and Morgan Stanley, reportedly flagged AI agents such as Meta’s Muse accessing customer accounts using login credentials voluntarily shared by users laying bare the risks of handing AI agents the keys to consumers’ digital lives.

SBI told to refund Rs 1.59 lakh with 9% interest after 68-year-old who never activated his ATM card lost money through multiple AePS transactions

The Rajkot District Consumer Disputes Redressal Commission has directed SBI to refund Rs 1,59,999 to a 68-year-old customer after unauthorised AePS withdrawals were reported from his savings account. The customer said he had never activated his ATM card or used digital banking. The bank must also pay 9% annual interest and Rs 10,000 towards litigation expenses.

Google says new Australian internet safety bill could cut off under-18s from Gmail

Australia's new internet policy may hold companies accountable for combating harmful content, imposing hefty fines for non-compliance. Google has warned that this could lead to strict age verification for email services. Other tech giants like Meta, TikTok, and Snap have echoed concerns about the potential for overzealous content moderation. While the Australian government emphasizes the need for these safeguards, critics fear the broad regulations could prompt excessive content removal.

Banks, schools, colleges and offices holiday tomorrow: What's open and what's closed on November 9, a day after Diwali; check latest announcements

November 9, 2026, will see different holiday arrangements across India following Diwali on Sunday. Gujarat and Tamil Nadu have announced additional holidays, while government offices in Mumbai, Pune and parts of Maharashtra will also remain closed. Banks will largely operate normally, subject to the RBI's city-wise holiday calendar.

Indian woman spends Rs 40,000 on customised pillow in Japan, filled with black Binchotan charcoal pipe beads, leaves netizens divided

Indian woman spent Rs 40,000 on a custom-made pillow from Nishikawa in Japan. She aimed to improve her sleep and alleviate neck discomfort. The pillow is tailored based on individual body measurements and sleeping habits. Experts highlight the importance of proper pillow support for reducing neck pain. Kaur's experience reflects growing awareness of the importance of quality sleep and investing in comfort.

India finalises association with Horizon Europe for research and innovation collaboration

India has concluded negotiations with the European Union to associate with Horizon Europe for research cooperation. The agreement aims to create a long-term framework for collaborative R&D projects between India and the EU. Indian researchers will have access to European consortia and cutting-edge research infrastructure through this partnership. The collaboration seeks to deepen talent mobility and co-develop critical technologies and standards effectively.

Netflix India's FY26 net up 6% at Rs 90 crore

Netflix India reported a 6% year-on-year rise in net profit to Rs 90 crore in FY26. Total income increased by 17% to Rs 4,477 crore, primarily through subscriber growth. Expenditure also rose by 17%, impacting profit margins and performance. Meanwhile, Los Gatos Production Services India experienced a decline in net profit, indicating challenges in the content production sector.

EU and India conclude negotiations on association to Horizon Europe to push innovation ties

India and the European Commission have completed negotiations for India’s association with Horizon Europe. The agreement is expected to enhance scientific cooperation between Europe and India significantly. Researchers from India will gain access to Horizon Europe funding and can lead joint projects addressing pressing global challenges. This association aims to facilitate collaboration in various fields, including health, climate, and energy.

Dhanteras bank holiday: Will banks be open or closed today, November 6, 2026?

Banks in India will remain open on Dhanteras, which falls on November 6, 2026? Although most transactions can be completed online, some may require in-person visits. It is advisable for customers to check with their banks about specific transaction requirements beforehand. Dhanteras is not a holiday under the Negotiable Instruments Act.

Mahadev betting app co-promoter Ravi Uppal arrested in UAE

Uppal, who is wanted in the Mahadev betting syndicate case, allegedly operated the betting network along with fellow promoter Sourabh Chandrakar. The development comes days after Chandrakar was brought to India following his detention in Oman. Like Chandrakar, Uppal too had renounced his Indian passport and taken the citizenship of the Republic of Vanuatu.

IndiaAI Mission's three indigenous AI models target offline mobile access, secure use in critical sectors

Three indigenous artificial intelligence (AI) models launched under the Centre's IndiaAI Mission are being developed for applications ranging from offline access on mobile phones to secure use in critical sectors such as defence, cybersecurity and banking.

Soket Labs, ZenteiQ launch indigenous foundation models under IndiaAI Mission

Soket Labs and ZenteiQ introduced new artificial intelligence foundation models under the IndiaAI Mission initiative. These models include EKA-1, Dhir 2B, and Dhir 5B, which were unveiled during a launch event. The event featured key government officials, including MeitY Secretary S Krishnan. This launch is part of the government's efforts to enhance India's indigenous AI capabilities. Such initiatives aim to support the growth of foundational AI technologies within the country.

Telcos to face up to Rs 20 lakh fine per quarter per circle for complaint redressal lapses

Telecom Regulatory Authority of India has introduced new rules for telecom operators and internet providers to enhance complaint redressal. These providers will face penalties up to Rs 20 lakh if they fail to resolve consumer complaints quickly. The rules require complaint centres to operate 24 hours with human representatives available for assistance. Consumers will now have a shorter time frame of 15 days to appeal complaint resolutions.

IDBI Bank strike on November 2 and 3, 2026: Bank advises customers to use digital channels; removes fee on non-IDBI ATM withdrawals

IDBI Bank strike today: IDBI Bank employees initiated a two-day strike on November 2 and 3, 2026, opposing the sale of the bank's majority ownership. The proposed transaction involves transferring IDBI Bank's stake to Canadian investor Fairfax Financial Holdings. IDBI Bank has encouraged customers to utilise digital services and complete essential transactions before the strike. The United Forum of IDBI Officers & Employees mentioned intimidation from bank management against striking employees.

Smart fridge, security camera, video doorbell, router, car, thermostat: Everyday devices hackers can exploit and how to protect them

Cyberattacks involving supermarket refrigerators and freezers have raised concerns about the security of everyday internet-connected devices. From smart appliances and security cameras to routers, thermostats and connected cars, several products could be vulnerable to hacking. Here is what cybercriminals could do after accessing these devices and the precautions users can take to protect themselves.