Financial transactions at Mahakumbh anticipated to be between Rs 2 lakh crore and Rs 3 lakh crore

According to staffing and recruitment services firms, the 45-day spiritual festival is projected to generate around a million gig and temporary jobs this season.

State officials view the Mahakumbh as a cornerstone of their broader strategy to establish Uttar Pradesh as India’s premier destination for religious and cultural tourism.

Motilal Oswal invests Rs 100 cr in seafood startup Captain Fresh

Founded in 2019 by Utham Gowda, Captain Fresh recently raised $7 million from British International Investment to expand its business.

Motilal Oswal Wealth Limited has invested Rs 100 crore in the Bengaluru-based B2B seafood startup Captain Fresh- which has appointed Axis Capital and Bank of America as bankers for its forthcoming IPO.

RBI sets up 8-member panel on ethical use of AI

The panel (set up by RBI) is expected to submit its report within six months of its first meeting.(Image source: Moneycontrol)

The committee by the Reserve Bank of India will establish a governance framework to guide ethical AI adoption across financial institutions including banks, non-banking financial companies, fintechs, and payment system operators.

Govt mulls reforms to combat unauthorized use of national symbols, including hefty fines, jail terms: Report

The proposed overhaul of these laws comes amid a surge in applications from non-governmental organizations, trade bodies, and private firms seeking permission to use terms like “India,” “Commission,” “Corporation,” and “Bureau” in their names.

Government seeks to tighten penalties for misuse of national emblems, names, and photographs of top leaders, with potential fines of up to Rs 5 lakh and imprisonment, as per media reports.