- IBM to pay $17 million as settlement linked to anti-DEI probe — What was the tech major accused of? April 11, 2026The settlement comes as the first resolution from the US Justice Department's unit formed last year called “Civil Rights Fraud Initiative” to crack down on DEI policies using a civil anti-fraud law.
- Kalshi wins reprieve from Arizona criminal case at CFTC’s urging April 11, 2026Kalshi Inc. won a temporary reprieve from criminal prosecution in Arizona when a judge suspended the case at the behest of a federal regulator.
- Sam Altman's home hit by Molotov cocktail, OpenAI CEO shares rare family photo in first reaction — ‘We try to be…’ April 11, 2026San Francisco police arrested a 20-year-old man for allegedly throwing a Molotov cocktail at Sam Altman's home in the city and for making threats outside the artificial intelligence startup's headquarters, OpenAI said on Friday.
- RBI proposals for large NBFCs leaves Tata Sons as only unlisted one April 11, 2026The RBI has proposed changes to regulations for non-banking financial companies, simplifying criteria for upper layer NBFCs. The status of Tata Sons, which faces internal disagreements among its shareholders on a listing, remains unclear as it had previously surrendered its NBFC licence.
- Bessent, Powell warned bank CEOs about Anthropic model risks, sources say April 10, 2026USA-BANKS-ANTHROPIC-CYBERSECURITY:Bessent, Powell warned bank CEOs about A
- Fuel shortages from Iran war threaten Asia’s biggest food staple April 11, 2026Iran War: Farmers across Southeast Asia face a crisis as missiles flew in th Middle East. Soaring fuel and fertilizer prices, driven by the Middle East conflict, are forcing many to abandon their rice fields. This situation threatens food supplies as planting for the next season becomes unaffordable.
- RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+ April 11, 2026Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classification. This change could affect Tata Sons' plans to avoid listing. Government-owned NBFCs may also face stricter regulations. The RBI aims for a clearer, simpler system for all.
- RBI's Utkarsh 2.0 places focus on better service April 10, 2026RBI's new plan places emphasis on improving customer service and financial inclusion, alongside efforts to strengthen market infrastructure and pricing transparency, particularly in government securities. Technology adoption, including artificial intelligence and digitalisation of internal processes, is expected to play a central role.
- Rice export rules relaxed for select European countries April 10, 2026India has eased rice export rules for many European nations. An inspection certificate from EIC/EIAs is now only required for exports to the EU, UK, Iceland, Liechtenstein, Norway, and Switzerland. Other European countries are exempt for six months. New rules also align feather and skin export policies with EU and UK regulations.
- Wholesale rice prices up 7% as West Asia ceasefire fuels export rush April 10, 2026Indian rice prices have seen a significant jump at the wholesale level. This surge follows a recent ceasefire between the US and Iran, leading to a rush of export orders. The impact is expected to be felt by consumers soon. Disruptions had previously caused prices to fall.
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