NITI Aayog unveils roadmap on AI to empower 490 million informal workers

IANS | October 8, 2025 5:49 PM

New Delhi, Oct 8 (IANS) NITI Aayog on Wednesday released a pioneering study to systematically explore how artificial intelligence (AI) and frontier technologies can be harnessed to transform the lives and livelihoods of India’s 490 million informal workers who are the backbone of the nation’s economy.

SBI working to simplify KYC process: Chairman CS Setty

IANS | October 8, 2025 5:17 PM

Mumbai, Oct 8 (IANS) State Bank of India (SBI) Chairman CS Setty said on Wednesday that the bank is working on simplifying the Know Your Customer (KYC) and re-KYC processes to make them more user-friendly.

UPI reaches 500 million consumers, 65 million merchants, says report

IANS | October 8, 2025 5:11 PM

Mumbai, Oct 8 (IANS) With over 500 million consumers and 65 million merchants, unified payments interface (UPI) has evolved from a digital payment platform into a daily habit, driving financial inclusion, enabling access to credit, and fuelling growth for micro and small enterprises across India, according to a report released here on Wednesday.

DGCA fines IndiGo Rs 20 lakh for lapses in pilot training

IANS | October 8, 2025 4:17 PM

New Delhi, Oct 8 (IANS) The Directorate General of Civil Aviation (DGCA) has imposed a fine of Rs 20 lakh on IndiGo for alleged lapses in pilot training at Category C aerodromes, airline’s parent company, InterGlobe Aviation, informed the stock exchanges on Wednesday.