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    A Vision for Responsible AI, Resilient Banking - Keynote Address [Contributions by RBI colleagues Ms. Chandni Trehan Saluja and Ms. Kavita Gangwal, De...
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August 20, 2026
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Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
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August 20, 2026
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August 20, 2026
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DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
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August 20, 2026
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
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August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
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August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
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August 19, 2026
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Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
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August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
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August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
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August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.

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Nashik TCS case accused Nida Khan arrested after absconding for weeks

May 8, 2026

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Nashik (Maharashtra), May 8 (PTI) Nida Khan, an absconding TCS employee accused in a case of alleged religious conversion and sexual harassment at the company's Nashik unit, was arrested in central Maharashtra's Chhatrapati Sambhajinagar with police claiming that a local AIMIM corporator had provided her shelter.

Following her arrest on Thursday, she was produced before the Nashik Road sessions court on Friday. The court remanded her in police custody till May 11.

After her name figured in a First Information Report registered at Deolali Camp police station, Khan (27) had moved the sessions court last month seeking anticipatory bail, pleading innocence and citing her three months pregnancy. Rejecting the plea on May 2, the court had said there seemed to be a "systematic plan" of brainwashing the victim.

Khan was produced before Additional Sessions Judge K G Joshi on Friday with the police seeking her custody for seven days. District Government Prosecutor A S Misar said there was an attempt to convert one of the victims who was given a burqa and given training for offering Namaz.

Khan had visited the victim's house and engaged in "activities related to Namaz and burqa," the prosecution claimed.

A detailed probe was being conducted into Instagram, YouTube links and reels that were repeatedly sent to the victim, said Misar.

As per the probe, the victim's name was to be changed to 'Haniya' and she was to be sent to Malaysia. Links to an alleged conversion racket at Malegaon in Nashik district also surfaced during the investigation, the prosecution said, adding that all these aspects needed a thorough probe and Khan's custodial interrogation.

Earlier, talking about Khan's arrest, Nashik Police Commissioner Sandeep Karnik said that a crime branch team from Chhatrapati Sambhajinagar, led by the city's police chief Pravin Pawar, had been tracking her movements for the past few days.

A Special Investigation Team (SIT) of the Nashik police is probing nine cases of allegedly molestation and harassment at TCS's local unit. It had earlier arrested eight persons, including a woman operations manager, by registering nine FIRs after allegations of exploitation, attempt of forceful conversion to Islam, hurting religious sentiments, molestation and mental harassment of women employees surfaced.

Nida Khan was accused of targeting employees in a WhatsApp group, pressuring them to pray and eat non-vegetarian food. She allegedly advised women employees to dress and behave in accordance with Islamic traditions.

Khan has also been booked under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, as the complainant in her case belongs to a Scheduled Caste.

According to police, local All India Majlis-e-Ittehadul Muslimeen (AIMIM) corporator Matin Patel harbouned Khan and her family in Chhatrapati Sambhajinagar for the past few days.

Sustained questioning of Patel led to Khan's arrest, and he was named as an accused in the case for allegedly providing shelter to Khan who was apprehended from Naregaon area, police said.

Her father Ejaj Bashir (52), mother Nilofar Ejaj (44), brother Mohammad Ejaj (20), and aunt Noorjehan Sheikh Ali (44), were also with her, officials said.

After the case came to light, TCS asserted that it has adopted a zero-tolerance policy towards harassment and coercion of any form for a long time, and the employees allegedly involved in sexual harassment at the Nashik office have been suspended.

Meanwhile, Nida Khan's arrest triggered a war of words between Maharashtra minister Sanjay Shirsat and AIMIM leader and former MP Imtiaz Jaleel.

Shirsat, who belongs to the Shiv Sena, said the police should investigate if AIMIM and Jaleel had any links to the TCS case. Jaleel hit back, asking why the minister was acting as if he was the police and the court.

Shirsat, who is the guardian minister of Chhatrapati Sambhajinagar, alleged that Jaleel had earlier openly supported Khan and made statements in her favour.

The AIMIM leader, on his part, said that Nida Khan was being treated as if she had killed many people.

"If the police have filed an FIR, they will act according to law. I will ask the police authorities about this and also my people. I will cooperate with them," he said, while claiming that Khan was a victim of a media trial.

Against the backdrop of the TCS case, the Maharashtra government on Friday directed strict implementation of the Prevention of Sexual Harassment (POSH) Act to safeguard women at workplaces.

All government and private establishments employing 10 or more persons must set up Internal Complaints Committees (ICCs) and register them on the Centre's She-Box portal, said an official release.

The directions were being issued following a "serious incident reported at a reputed multinational company in Nashik", the release said.

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