Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.
Narcotics worth Rs 18.63 crore were destroyed in Navi Mumbai as part of the 'Nasha Mukt (Drug Free) Navi Mumbai' campaign. The destruction involved drugs seized in 55 cases and is part of a larger effort that has seen drugs worth Rs 38.45 crore seized in 114 cases. Recent crackdowns include busting a gang from Punjab involved in heroin and opium peddling.
Reliance Industries Ltd on Friday reported almost a flat net profit of Rs 18,645 crore for the third quarter, as weakness in its retail business offset gains in other segments, according to a company filing.
Four passengers arriving from Bangkok at Bengaluru's Kempegowda International Airport were arrested for smuggling hydroponic ganja worth over Rs 21.5 crore.
The driver allegedly took the tourist on a longer route before dropping her at the hotel
Haryana Police arrested a man for allegedly defrauding another of Rs 1.8 lakh by posing as a Faridabad Sessions Judge's driver and promising assistance in an attempted murder case.
Customs officials at Delhi's IGI Airport seized suspected marijuana worth Rs 18.57 crore from abandoned trolley bags inside an aircraft arriving from Bangkok.
The Jharkhand Criminal Investigation Department (CID) has uncovered a money trail of Rs 10 crore related to the Bokaro treasury scam, freezing several fixed deposits and arresting multiple individuals, including police personnel and an accountant.
rediffGURU Patrick D'souza, CAT expert and founder of Patrick100 explains how to pick a management course and college that will boost your career.
India's state-run oil marketing companies (OMCs) are projected to incur under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27 if current loss levels persist, according to rating agency Icra.
Eight of India's top-10 most valued firms saw their combined market valuation increase by Rs 1,87,497.45 crore last week, with Bharti Airtel emerging as the largest gainer, reflecting a positive trend in the equities market.
Reliance Industries is expected to report largely flat performance for its fourth quarter (January-March, Q4) of FY26, with weakness in the oil-to-chemicals (O2C) business and muted retail growth likely to offset steady gains in the telecommunications segment.
Mumbai Police have registered a case against a man for allegedly posing as the son of a former Gujarat MP and cheating a businessman of lakhs of rupees on the promise of good returns on share market investments.
Cameron Green is tipped to surpass fellow-Australian Mitchell Starc (Rs 24.75 crore) and command the highest price by an overseas player but he won't take home more than Rs 18 crore.
Sri Lankan pacer Matheesha Pathirana is set to join Kolkata Knight Riders, providing a much-needed boost to their struggling bowling attack as they seek their first win in the IPL season.
Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.
Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.
Net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.
Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.
Two men have been arrested in Delhi for allegedly defrauding a resident of Rs 2 lakh through a fake online trading scheme.
Mumbai police arrested three individuals for allegedly possessing 37 kg of ganja in the western suburbs. The suspects were intercepted on Marve Road while attempting to sell the contraband, which is valued at Rs 18.5 lakh. The arrested individuals are natives of Uttar Pradesh and residing in Bhiwandi. An investigation is underway to determine the source of the drugs and the intended customers.
Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.
Playing his first game in front of his home fans at the M A Chidambaram Stadium in Chennai, Samson again disappointed with the bat as he was dismissed after scoring just seven.
Shivam Dube's poor IPL 2026 form for Chennai Super Kings stems from role confusion and lack of impact, despite a decent strike rate.
Rishabh Pant and Ajinkya Rahane face increasing pressure as captains in the IPL, with their teams, Lucknow Super Giants and Kolkata Knight Riders, struggling to find form and consistency.
HDFC Bank reports a 12% credit growth for the March quarter, alongside the unexpected resignation of its chairman, Atanu Chakraborty, due to ethical concerns.
Delhi Police have dismantled an interstate cyber fraud network, arresting three individuals involved in digital arrest and investment scams that defrauded victims of over Rs 80 lakh.
Rising living expenses, fear of contract hiring cast shadow on real gains.
Police in Kanpur have arrested the alleged mastermind of an illegal kidney transplant racket, who had been evading arrest for two weeks. The arrest brings the total number of accused in custody to ten, as the investigation widens to uncover a potentially multi-state and international organ trafficking network.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
Bengaluru police have arrested a prime suspect and several minors in connection with a series of mobile phone thefts that occurred during an IPL match at Chinnaswamy Stadium. Twenty-one mobile phones, valued at Rs 18 lakhs, have been recovered.
The Delhi government's 2026-27 budget prioritises social welfare, introducing the 'Vayo Anand' scheme for senior citizens' recreational activities and constructing an integrated complex for children in juvenile reform homes.
Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.
Khalin Joshi wins the Andhra Open Golf Championship, marking his seventh professional title with a dominant performance. Akshay Sharma finishes runner-up after a course-record final round.
CSK captain Ruturaj Gaikwad confirmed that he will open the batting alongside new recruit Sanju Samson this season.
Madhya Pradesh Congress MLA Rajendra Bharti has been disqualified from the state legislative assembly after being convicted in a bank fraud case involving the tampering of bank records. The disqualification has sparked a political row, with the Congress party alleging a violation of democratic process.
Indian batter Sanju Samson arrived in Chennai ahead of the 19th season of the Indian Premier League, on Thursday.
Fugitive businessman Vijay Mallya responds to criticism of his investment in Royal Challengers Bangalore (RCB) after the franchise was sold for nearly USD 2 billion.
A Delhi court has convicted Congress MLA Rajendra Bharti and a former bank employee in a case involving cheating and forgery of bank records to illegally obtain interest payments.
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