The Reserve Bank of India (RBI) has mandated that banks must dispose of immovable assets acquired against bad loans within seven years through public auction, effective October 1, 2026, and has also barred their sale back to the original borrower or related parties.
Indian benchmark indices, Sensex and Nifty, closed higher, primarily driven by bank stocks and encouraging US inflation data, which fuelled expectations of a less aggressive Federal Reserve monetary policy. However, escalating US-Iran hostilities tempered investor sentiment, leading to some profit-taking.
'The made-up stories really angered me. Forget angering me, it actually made me feel, okay, if they want to play this game, let me play along.'
The Delhi High Court has reserved its verdict on petitions filed by riders Anush Agarwalla and Sudipti Hajela, who challenged their exclusion from India's dressage team for the upcoming Asian Games. The athletes appealed a single judge's earlier decision that upheld the Equestrian Federation of India's selection process. The court heard arguments from all parties, including the EFI, which maintained that the best riders were selected and opposed external interference.
Bollywood has captured the essence of India's youth activism and student protests, from fighting corruption in Yuvaa to demanding accountability in Rang De Basanti.
Ajinkya Rahane, known as 'Jinx', has retired from international cricket at 38, leaving behind a legacy of quiet resolve, exceptional captaincy, and crucial innings that often came when India needed them most.
The Jharkhand High Court has reserved its order in the criminal appeal filed by Rahul Verma and Lakhan Verma, who were convicted for the murder of Dhanbad Judge Uttam Anand. The incident occurred on July 28, 2021, when an autorickshaw hit Anand during his morning walk.
Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.
As the Medical Counselling Committee (MCC) web site opens for NEET-UG registration, aspiring medical students are urged to avoid simple, yet costly, mistakes during the online counselling process, with experts advising thorough preparation and careful choice filling.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
India's foreign exchange reserves saw a substantial increase of USD 9.063 billion, reaching USD 697.121 billion for the week ended April 3, 2026, according to the Reserve Bank of India (RBI). This surge follows a previous week's decline and brings the reserves closer to their all-time high.
A nine-judge Supreme Court bench has reserved its order on petitions related to discrimination against women at religious places, including the Sabarimala temple, and the scope of religious freedom.
Fahadh Faasil turned down a significant role in Alejandro Gonzlez Irritu's upcoming film Digger, citing accent training demands and uncompensated expenses as key factors.
WhatsApp is introducing an optional username feature, allowing users to connect and chat without needing to share their phone numbers. This privacy-focused update will roll out gradually, enabling users to reserve unique usernames and offering greater control over personal information, especially in group chats or when interacting with businesses.
Indian equestrian Anush Agarwalla secured second place at the CDI1 Prix St. Georges in Germany with a score of 70.147%. This impressive performance comes as he challenges his exclusion from the Indian dressage team for the 2026 Asian Games in the Delhi High Court, despite being India's highest-ranked dressage rider and a past Asian Games medallist.
BJP sources said the government would introduce a fresh Bill on the issue and has reached out to parties that opposed the earlier legislation.
The Horticulture Department conducts a site visit at the Bamboo development project at Thingthelh.
WhatsApp has released detailed FAQs on its upcoming username feature, outlining measures to address concerns around impersonation, scams, and unwanted contact, amidst government scrutiny.
An Indian crew member was killed and six other Indian nationals were among eight injured when Iranian cruise missiles struck two UAE tankers, Mombasa and Al Bahiyah, in the Strait of Hormuz, escalating regional tensions and drawing strong condemnation from the UAE.
Delhi Police has significantly increased security across New Delhi ahead of the Monsoon session of Parliament and a proposed "Chalo Sansad" march by the Cockroach Janta Party (CJP). Additional personnel, barricades, and vehicle checks are in place, with authorities stating no permission has been granted for the march. The heightened vigil follows CJP founder Abhijeet Dipke's hunger strike and activist Sonam Wangchuk's call for the July 20 march from the hospital.
Former India all-rounder Yuvraj Singh has urged the team management and selectors to provide clear communication to senior players Rohit Sharma and Virat Kohli regarding their roles and selection for the upcoming ODI World Cup, stressing the importance of backing them fully.
India pacer Mayank Yadav has described the two-year injury-enforced absence from international cricket as the most difficult phase of his young career, admitting that battling repeated setbacks at the age of 22-23 tested him mentally.
India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.
India's retail inflation rose to 4.38 per cent in June, driven primarily by costlier food items, pushing it above the Reserve Bank of India's median target of 4 per cent for the first time under the new series.
For the first time, winners of the FIFA World Cup 2026 will receive bespoke championship rings, a tradition inspired by American sports. These custom-designed rings, featuring the World Cup trophy and team identity, will be awarded to the champions and also made available to fans.
The BCCI on Monday invited bids for the title sponsorship rights for its domestic and international home events, with the current agreement with IDFC FIRST Bank nearing the end of its tenure.
Former India women's cricket captain Anjum Chopra believes that merely replacing Harmanpreet Kaur as captain will not solve the fundamental issues plaguing the team, citing a significant lack of quality back-up options across all departments.
A special fast-track court in Guwahati has reserved its order on the bail application of Shyamkanu Mahanta, a key accused in the Zubeen Garg death case, with the decision expected on April 30.
Prime Minister Narendra Modi announced that Parliament is on the verge of creating 'new history' by amending the Women's Reservation Act this week, ensuring its implementation by 2029. He highlighted the unanimous passage of the law in 2023 and the collective demand for its early enforcement.
The Central Reserve Police Force (CRPF) has implemented a revised Standard Operating Procedure (SoP) for its personnel in Manipur, mandating the use of bulletproof vehicles and restricting stray movements, following recent ambushes on Assam Rifles troops. Concurrently, two elite CoBRA battalions have been deployed to conduct operations against armed miscreants, aiming to strengthen security and restore peace in the violence-hit state.
The Delhi Traffic Police has issued an advisory for heavy vehicular movement and restrictions around the Parliament complex ahead of the Monsoon Session and a planned 'Chalo Sansad' march by the Cockroach Janata Party (CJP). Security has been significantly intensified across New Delhi, with additional personnel, barricades, and checks to manage traffic and maintain law and order during the protest against alleged NEET irregularities.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
New capital exposure norms implemented by the Reserve Bank of India (RBI) from July 1 have led to a noticeable drop in trading volumes, with Multi-Commodity Exchange (MCX) options premium ADTV falling by nearly 40 per cent in early July.
The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.
WhatsApp has asserted that username reservation relating to well-known public figure names is restricted only to their legitimate account owners, and termed as "false" any claims that people are reserving popular or well-known usernames.
The Indian government is reportedly developing new proposals to increase Lok Sabha seats by 50 per cent across all states. This initiative aims to address concerns from southern states regarding potential political power reduction due to population-based delimitation, while also facilitating the operationalisation of the women's quota law before the 2029 Lok Sabha elections.
Indian benchmark indices Sensex and Nifty surged in early trade, driven by a rally in IT stocks and tempered expectations of US Federal Reserve monetary tightening following softer-than-expected US jobs data. Track Sensex, Nifty on July 3.
The Shri Ram Janmabhoomi Teerth Kshetra Trust on Wednesday deferred the selection of its first chief executive officer (CEO) by a month after receiving 5,200 applications for the post and decided to appoint a secretary in the interim to meet growing administrative requirements.
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
