Zerodha co-founder Nikhil Kamath noted regulatory barriers as a major hurdle for fintech firms entering banking, in response to a jest from Jay Kotak. This exchange occurred during a panel session at the Global Investors Meet 2025, highlighting innovation challenges in India's financial sector.
Related news
Gautam Adani, chairman of the Adani Group, attended the Maha Kumbh Mela and visited ISKCON's camp in Prayagraj. The Adani Group is providing free meals through the Mahaprasad Seva initiative, serving 50 lakh devotees. This effort, supported by 2,500 volunteers, exemplifies Adani's dedication to corporate social responsibility and community service.
Gamini, a South African female cheetah, and her four cubs were released into Kuno National Park, adding to the 17 cheetahs now in the wild, including 11 Indian-born cubs. With tourists receiving an improved opportunity to spot cheetahs on safari, MP CM Mohan Yadav highlighted this milestone in the cheetah reintroduction project.
Violence has surged in the Democratic Republic of the Congo, with the M23 rebel group seizing Goma, leading to mass instability. The jailbreak of over 4,000 inmates and attacks on embassies have intensified the chaos. Rwanda’s controversial involvement and the struggle over resource-rich territories exacerbate the conflict, risking broader regional unrest and severe humanitarian consequences.
A Jeju Air flight from Bangkok crashed at Muan International Airport in South Korea, likely due to bird strike and adverse weather. The Boeing 737-800 exploded and skidded on the runway, leaving only the tail section recognisable. Authorities rescued two critically injured crew members. Investigations are underway, with government and airline pledging support.
At least 31 Maoists and two security personnel were killed in a clash in Chhattisgarh's Bastar. Over 650 security forces launched a coordinated operation, recovering bodies and capturing weapons. Union home minister Amit Shah applauded the forces, promising to eradicate Naxalism by March 2026. Chief minister Vishnu Deo Sai praised the bravery of the forces.
Kyren Lacy, a 24-year-old former Louisiana State University football player, is dead. He was found in Houston on Saturday night. Reports suggest the cause of death is suicide. This follows a December 2024 car crash. Lacy was involved in the crash that killed a 78-year-old. The crash also injured two other people. He was a 2025 NFL prospect.
Shubman Gill's solid knock of 87, along with significant contributions from Shreyas Iyer (59) and Axar Patel (52), led India to a four-wicket win over England in the first ODI at Pune. Debutant Harshit Rana and Ravindra Jadeja claimed three wickets each, restricting England to 248, which proved insufficient as India chased down the target comfortably.
Rain washed out the first day of the Brisbane Test between Australia and India, leaving fans to entertain themselves in the stands. Spectators enjoyed food and drinks, with one grill master working tirelessly to keep up with demand. Despite the festive atmosphere, the lack of cricket disappointed many who had hoped for an exciting contest.
Four ninth-grade boys from Vizag, inspired by the film 'Lucky Bhaskar,' ran away from their hostel with the goal of amassing wealth like the movie's protagonist. CCTV footage captured their escape, and police are actively searching for them after their parents reported them missing.
A 53-year-old trader, Sajan Das, and his 23-year-old autistic daughter, Srija, were found hanging from the same rope in their Behala flat. Officials suspect it was a murder-suicide due to Sajan's distress over his daughter's condition and escalating treatment costs. No financial or personal issues have been identified.