Adani Group Calls Reports of Airline Launch Baseless and Factually Wrong

India may toughen anti-cheating law with jail terms beyond 10 years

The Indian government is planning to amend the Public Examinations (Prevention of Unfair Means) Act, 2024 to increase the maximum jail term for offenders beyond the current 10-year ceiling. The proposed amendment is expected to be taken up by the Cabinet shortly, according to sources cited by the Times of India. The 2024 law was enacted to tackle paper leaks, cheating, and organised malpractice in major public examinations such as UPSC, SSC, and NTA-conducted tests. Under the existing provisions, offenders face penalties of up to 10 years in prison and a fine of up to Rs 1 crore. The anticipated changes signal the government's intent to impose stricter deterrents against exam fraud.

RBI steps in to lift rupee 22 paise as Brent crude crosses $100/barrel

The Indian rupee gained 22 paise against the US dollar in early trade, supported by the Reserve Bank of India's intervention in currency markets. The recovery came despite Brent crude oil prices crossing the $100-per-barrel threshold, driven by escalating Middle East tensions and disruptions to shipping routes. Foreign institutional investors continued to pull money out of Indian markets, while domestic equities remained weak, limiting further gains for the rupee. The combination of global risk factors and capital outflows had put pressure on the currency before the central bank stepped in to stabilize it.

Gold Rate Today, July 24: Check 18, 22 and 24 carat gold prices in Chennai, Mumbai, Delhi, Kolkata and other cities

Cricket Australia open to hosting landmark 150th Ashes Test in India

Cricket Australia has indicated it is open to staging the 150th anniversary Ashes Test in India, acknowledging the country's growing significance in global cricket. The move reflects the substantial commercial opportunities that come with hosting marquee matches in the Indian market. Separately, the Big Bash League is also set to host a match in Chennai in December. However, scheduling the historic Test in India poses logistical challenges due to the country's already packed cricket calendar.