In a major move to curb cyber-crimes and financial frauds, the Department of Telecommunications (DoT) and the Financial Intelligence Unit-India (FIU-IND) on Thursday signed a comprehensive Memorandum of Understanding (MoU) to enhance data sharing and inter-agency coordination.

The MoU was signed by Sanjeev Kumar Sharma, Deputy Director General of the AI & Digital Intelligence Unit (DIU) at DoT, and Amit Mohan Govil, Director of FIU-IND, in the presence of Dr. Neeraj Mittal, Secretary (Telecom), and Arvind Shrivastava, Secretary (Revenue).

Speaking on the occasion, Dr. Neeraj Mittal highlighted the growing importance of technology in governance. “Departments have leveraged technology to achieve their respective goals. While this is an essential first step, true progress lies in transcending departmental boundaries to address existing gaps. Developing synergies by learning from each other is crucial,” he said.

The UAE has unveiled its first Sovereign Mobility Cloud at the Dubai World Congress for Self-Driving Transport, marking a major step in the country’s autonomous mobility strategy. Enabled by Core42’s Sovereign Public Cloud and powered by Microsoft Azure, the platform establishes a secure digital infrastructure for next-generation transportation.

The Sovereign Mobility Cloud is designed to accelerate autonomous mobility while ensuring all data is hosted within the UAE and governed under national regulations. It will support high-definition mapping, telematics, fleet operations, traffic management, and digital twins, creating a trusted environment for collaboration among government, industry, and research institutions.
The initiative will also enable live traffic management, fleet tracking, and integration of autonomous vehicles, while providing regulatory sandboxes and test hubs to advance innovation. Microsoft and Core42 will supply the sovereign-enabled cloud foundation and technical expertise, while Space42 will lead deployment through pilots and commercial rollouts.

Prime Minister Narendra Modi met Russian Deputy Prime Minister Dmitry Patrushev in New Delhi on Thursday (September 25, 2025) and discussed plans of creating a common agricultural food exchange that will help in boosting agriculture trade among the BRICS member-countries. Mr. Modi conveyed his greetings to President Vladimir Putin saying he is looking forward to welcoming him for the 23rd India-Russia annual summit to be hosted here later this year.

“Happy to meet Russia’s Deputy Prime Minister Dmitry Patrushev at the World Food India 2025. We discussed ways to strengthen our win-win cooperation in agriculture, fertilizers and food processing,” said Mr. Modi after the meeting.

Ravichandran Ashwin on Thursday made history when he become the first male Indian cricketer to play in the Big Bash League after the Sydney Thunder signed up the spinner after he retired from the Indian national team and the India Premier League. His retirement from both the India team as well as the IPL thereby opened doors for the tweaker to play in an overseas league.

As per the BCCI, it only allows retired Indian players to ply their trade in foreign leagues with Dinesh Karthik, Ambati Rayudu, Yusuf Pathan, Suresh Raina and Robin Uthappa among the other retired stars to play in overseas franchise tournaments.

A team of scientists from the Centre for Peninsular Aquatic Genetic Resources (PAGR) Kochi- the regional centre of ICAR-National Bureau of Fish Genetic Resources (NBFGR), Lucknow- have discovered a new species of eel, previously unknown to science, from the Colachel coast in Kanniyakumari district.

The species has been named Apterichtus Kanniyakumari to honour the district’s cultural, linguistic, historical, and geographical significance. Two specimens were collected from Colachel fish landing centre during deep-sea trawling at a depth of 100 metres. Detailed morphological analysis, vertebral counts, and DNA-based molecular studies confirmed that the eel represents a species new to science.

The discovery has been published in the internationally renowned peer-reviewed journal Zootaxa, corresponded by T T Ajith Kumar, Scientist of NBFGR and a native of Karungal in Kanniyakumari district.

The Reserve Bank of India (RBI) on Monday (September 22) said it has cancelled the certificate of registration (CoR) of New Delhi-based Datta Finance and Trading Pvt Ltd due to irregular lending practices.

The CoR has been cancelled by the RBI as the NBFC has violated guidelines on code of conduct in outsourcing of financial services in its digital lending operations, the central bank said in a release.

The company violated the norms by outsourcing its core decision-making functions such as sourcing of customers, conducting their due diligence, disbursement of loans, servicing of loans, recovery of loans granted as well as KYC verification to the service provider, it said.

Shares of Mazagon Dock Shipbuilders Ltd have surged over by 0.36% as the PSU has signed a partnership with the Tamil Nadu Government to develop a world-class greenfield shipyard on India’s Eastern Coast. This framework is under the Government of India’s Maritime Amrit Kaal Vision 2047.

The MoU has been signed by the Ministry of Defence, with guidance from Tamil Nadu, the state’s nodal agency for investment promotion and facilitation, to explore the development of a world-class greenfield shipyard on India’s eastern coast.

Nvidia will invest up to $100 billion in OpenAI and supply it with data centre chips, the companies said on Monday, marking a tie-up between two of the highest-profile players in the global artificial intelligence race.

The move underscores the increasingly overlapping interests of the various tech giants developing advanced AI systems. The deal gives chipmaker Nvidia a financial stake in the world's most prominent AI company, which is already an important customer.

From October 1, 2025, China will introduce a new K Visa aimed at recruiting overseas young science and technology talent. The move is timed to capitalise on US restrictions on the H-1B visa program, which make it harder for American companies to hire foreign workers.

Starting the 2026 H-1B visa season, US employers will be required to pay a one-time $100,000 fee for filing petitions to hire overseas workers. H-1B visas, a key route for highly skilled foreign workers in specialty occupations, allow holders to settle in the US, pursue a green card, and eventually obtain citizenship. The increased fees, which range from $1,000 to $100,000, have significantly reduced the likelihood of foreign workers securing US job offers.

In an industry-first move, Jio Payments Bank Limited, a subsidiary of Jio Financial Services Limited, has introduced ‘Savings Pro’, a feature that allows customers to earn higher returns on surplus funds in their bank accounts through automated investments in overnight mutual funds. The initiative aims to turn idle balances into productive investments, offering a seamless, fully digital experience.

With Savings Pro, customers can upgrade their accounts in just a few clicks via the JioFinance app. Users set a threshold amount—starting at ₹5,000 during the initial launch—and any balance exceeding this amount is automatically invested into select ‘Growth’ plans of Overnight Mutual Funds, which carry low risk.