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RBI Eases Reorganisation Rules for Bank Groups in New Financial Services Framework

RBI’s Final Financial Services Guidelines Offer Flexibility While Tightening Compliance Norms

The Reserve Bank of India has released its final framework on financial services undertaken by commercial banks, easing restructuring requirements that had raised concerns across major banking groups. The revised guidelines—part of the Commercial Banks – Undertaking of Financial Services, 2025 framework—strike a balance between operational flexibility and enhanced regulatory discipline.

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Arjun Erigaisi Defeats Carlsen, Enters Knockouts at Freestyle Chess Grand Slam

Arjun Erigaisi Shines at Freestyle Chess Grand Slam Finals With Win Over Carlsen

Indian Grandmaster Arjun Erigaisi produced one of the standout performances of the Freestyle Chess Grand Slam Finals in South Africa, defeating world No. 1 Magnus Carlsen during the round-robin stage. The victory helped him clinch third place in the standings and set up a quarterfinal clash with Germany’s rising star Vincent Keymer.

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India–Bangladesh Release Fishermen in Goodwill Maritime Exchange

India and Bangladesh Conduct Humanitarian Exchange of Detained Fishermen

India and Bangladesh have completed a reciprocal release of fishermen who had inadvertently crossed the international maritime boundary in the Bay of Bengal. The coordinated action highlights the maturing bilateral mechanism that prioritises humane treatment, livelihood protection and timely resolution of maritime detentions.

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India–Brazil Maritime Ties Strengthen as Navy Chief Visits Brazil

India Deepens Naval Cooperation as Admiral Tripathi Begins Brazil Visit

Indian Navy Chief Admiral Dinesh K Tripathi has begun a four-day official visit to Brazil, marking a significant step in strengthening maritime collaboration between the two countries. The engagement underscores the expanding India–Brazil Strategic Partnership, in which naval cooperation and ocean security remain key areas of focus.

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Microsoft Unveils $17.5 Billion AI Investment Plan to Accelerate India’s Digital Future

Microsoft’s $17.5 Billion AI Commitment Positions India as a Key Global Innovation Hub

Microsoft CEO Satya Nadella has announced a landmark $17.5 billion investment to supercharge India’s Artificial Intelligence ecosystem, following a strategic meeting with Prime Minister Narendra Modi in New Delhi. The announcement marks Microsoft’s largest-ever regional investment and reinforces India’s emergence as a central pillar in the global AI landscape.

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