RBI lending directive: No more pre-payment charges; borrowers to get freedom from 2026

The Reserve Bank of India (RBI) has prohibited banks and other regulated lenders from charging prepayment fees on floating-rate loans taken by individuals for non-business purposes. Effective January 1, 2026, this directive aims to increase transparency and borrower flexibility. The new rules consolidate previous circulars and ensure clear disclosure of any applicable prepayment charges.

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Ignoring AI in Computer Science could cost your career: OpenAI executive warns students risk falling behind

OpenAI executive Alexander Embiricos warns computer science students that ignoring AI could jeopardize their careers. As AI tools like GPT-5 Codex transform coding, students must embrace AI integration while mastering core principles. Building projects, developing adaptability, and balancing manual learning with AI are now essential. The future of software engineering demands curiosity, creativity, and continuous…

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‘Malayalam cinema is innovative and human; Bollywood lacks experimentation spirit’; says Makarand Deshpande

Bollywood star Makarand Deshpande expressed admiration for the Malayalam film industry, declaring it the epicenter of exceptional cinematic artistry in India. He emphasized its profound resonance with human experiences and its ground-breaking narratives, pointing out that this comes from an audience that truly understands the essence of film.

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European Commission plans to end this 16-year-old law for websites

The European Commission is considering eliminating cookie consent banners, aiming to reduce digital red tape. Proposed changes target the 2009 e-Privacy Directive, potentially allowing users to set cookie preferences in their browser settings. Tech industry representatives advocate for shifting cookie rules to the GDPR. Privacy advocates are concerned about expanding exceptions for essential tracking, fearing…

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India’s maritime sector: 95% of nation’s trade moves by sea; government eyes Rs 80 lakh crore push under Vision 2047

India’s maritime sector, crucial for 95% of trade by volume, is undergoing significant transformation under Maritime India Vision 2030. With over 150 initiatives and substantial investment, the plan aims to modernize ports, boost shipping capacity, and develop inland waterways, enhancing national competitiveness and global supply chain integration.

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