SBI employees’ strike on May 25-26: Why bank staff are protesting, key demands, and will banking services be affected?

SBI employees’ strike on May 25-26: Why bank staff are protesting, key demands, and will banking services be affected?

SBI employees’ strike: Employees of State Bank of India (SBI), the country’s largest public sector lender, have announced a two-day nationwide strike on May 25 and 26, raising concerns over staffing shortages, outsourcing, pension-related issues and working conditions, according to an ET report.The strike has been called by the All India State Bank of India…

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AI risk warning: Banks must prepare for cyber threats from advanced models like Mythos, says DFS Secretary Nagaraju

AI risk warning: Banks must prepare for cyber threats from advanced models like Mythos, says DFS Secretary Nagaraju

Financial Services Secretary M Nagaraju on Thursday warned banks and financial institutions to strengthen cyber security systems and operational resilience, cautioning that advanced artificial intelligence models such as Anthropic’s “Mythos” could pose serious risks to the banking sector if released publicly, PTI reported.Addressing the Indian Banks’ Association (IBA) conference on Risk Management in Mumbai, Nagaraju…

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Stock market today (May 7, 2026): Which are the top gainers and losers in BSE Sensex and Nifty50 today? Check list

Stock market today (May 7, 2026): Which are the top gainers and losers in BSE Sensex and Nifty50 today? Check list

Benchmark equity indices ended marginally lower on Thursday after a highly volatile session, as continued foreign fund outflows and geopolitical uncertainties kept investors cautious, PTI reported.The 30-share BSE Sensex declined 114 points, or 0.15 per cent, to settle at 77,844.52. During the day, the benchmark swung 671.49 points between a high of 78,384.70 and a…

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Mozambique LNG project has achieved 42% completion: BPCL

Mozambique LNG project has achieved 42% completion: BPCL

New Delhi: Bharat Petroleum Corporation Ltd (BPCL) on Thursday said the Mozambique LNG project has achieved 42% completion following resumption of work after force majeure condition was lifted in Nov 2025.Located in Offshore Area 1 Concession in Mozambique and operated by French energy giant TotalEnergies, an investment of around $20 billion is estimated for the…

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Trai proposes stricter complaint rules for telcos; penalties may go up to Rs 50 lakh per quarter

Trai proposes stricter complaint rules for telcos; penalties may go up to Rs 50 lakh per quarter

Telecom regulator Trai on Thursday proposed a stronger consumer grievance redressal framework for telecom operators, including penalties of up to Rs 50 lakh per quarter for improper handling or disposal of customer complaints, PTI reported.The proposed Telecom Consumers Complaint Redressal (Fourth Amendment) Regulation, 2026 aims to make complaint registration and tracking more transparent and accessible…

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