No material concerns, HDFC Bank has sound financials: RBI

IANS | March 19, 2026 11:52 AM

New Delhi, March 19 (IANS) The Reserve Bank of India (RBI) on Thursday said that HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound financials, professionally run board and competent management team, after the resignation of part-time chairman Atanu Chakraborty over alleged “ethical differences” in one of the biggest private lenders.

'India has emerged as leading force in AI applications'

IANS | March 19, 2026 7:32 AM

Washington, March 19 (IANS) India has emerged as a leading force in the application of artificial intelligence and is third in core AI creation after the United States and China, Indian-origin scientist Dr Taraknath Woddi said, pointing to the country’s growing strengths and untapped potential in the sector.

Direct tax collections up 7.19 pc at Rs 22.80 lakh crore

IANS | March 18, 2026 9:45 PM

New Delhi, March 18 (IANS) Net direct tax collections went up 7.19 per cent (on-year) to Rs 22.80 lakh crore (up to March 17), according to the latest provisional data released by the Income Tax Department on Wednesday.