Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
At Rs 4.07 trillion, gross inflows were just shy of the record Rs 4.34 trillion mobilised in H2 of 2024, making it the second half-yearly period in which inflows crossed Rs 4 trillion.
The Cockroach Janta Party has significantly escalated its sit-in protest at Jantar Mantar, demanding the resignation of Dharmendra Pradhan.
Activist Sonam Wangchuk released a video detailing his experience at Safdarjung Hospital, where he alleged he was prevented from leaving despite a Delhi High Court order. Hospital authorities claim the video was recorded before they received the official court order and in a no-videography zone. Wangchuk, who was on a hunger strike for examination reforms, later ended his fast at Medanta Hospital after government assurances.
Supreme Court Justice Ujjal Bhuyan has criticised the collegium system for its lack of transparency in judicial appointments, specifically the absence of stated reasons for elevations. He argues that this opacity allows unsuitable candidates, who may hold unconstitutional views, to enter the judiciary, citing recent controversial remarks by a High Court judge.
I don't understand how someone so deeply moral can watch young people gather at Jantar Mantar, demanding accountability after another devastating NEET paper leak, and not ask why they have reached that point. I don't understand how Sonam Wangchuk has to sit on a hunger strike to make the country listen. I don't understand how students asking for responsibility from those entrusted with their futures are met with force instead of answers.
Why the industry's public position changed is difficult to say. What the developments did establish, though, is that ethanol-blended petrol has become one of the country's most politically and commercially sensitive policy issues.
'Users should protect their savings goals before allocating money to discretionary expenditure.'
WhatsApp is testing new ways for users in India to confirm their age as it prepares to comply with upcoming legal requirements, including those related to the Digital Personal Data Protection (DPDP) Act, the Meta-owned messaging platform said on Tuesday.
Union Minister Piyush Goyal has filed a police complaint after an AI-generated deepfake video, maliciously altering his remarks, surfaced on social media. The video falsely depicted him making threatening statements against students protesting the NEET examination. Government sources confirm many related links have been taken down, and Goyal has warned of strict legal action against those involved in its creation and dissemination.
The Delhi High Court has highlighted the need for a regulatory framework for the media, stating that freedom of the press cannot be a shield for irresponsible journalism or content that endangers public order. Justice Girish Kathpalia expressed concern over the unregulated nature of a significant section of the media, especially with the rise of social media, and stressed the importance of restraint, fairness, and responsibility. The court also criticised "self-styled reporters" for aggressive tactics and selective reporting that can deepen social divisions, while granting bail to two men accused of assaulting freelancers.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
'At the end of the day, it is just another technology produced by the human mind.'
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
The Resident Doctors' Association of AIIMS, Delhi, has appealed to President Droupadi Murmu for an independent, time-bound inquiry into the alleged use of force against peaceful protesters at Jantar Mantar and raised concerns over activist Sonam Wangchuk's reported inability to leave Safdarjung Hospital.
Prime Minister Narendra Modi has announced comprehensive reforms in the education system to combat paper leaks, following the passage of a new anti-paper leak law. He asserted that there would be no leniency for those involved in examination irregularities, highlighting the government's commitment to ensuring fair opportunities for students.
'Hiring within IT services firms is going to be very specialised.'
Indian table tennis players, including top seed Manush Shah and Harmeet Desai, showcased strong performances at the Commonwealth Table Tennis Championships, with a majority of home players advancing to the pre-quarterfinals in both men's and women's singles, despite a few setbacks.
Delhi Police has launched an investigation into an alleged unauthorised drone operation that captured footage of protesters at Parliament Street. The New Delhi district is a highly sensitive area requiring prior permission for drone flights, and legal action will be taken for violations. Thousands had gathered to protest alleged examination irregularities and demand the Education Minister's resignation, leading to clashes with security personnel.
Veteran Indian wrestler Vinesh Phogat lauded the nation's youth as the 'force that shapes the future' following Union Education Minister Dharmendra Pradhan's resignation amidst the NEET-UG 2026 paper leak controversy, stating that 'democracy won and fear lost'.
Following Education Minister Dharmendra Pradhan's resignation amidst widespread student protests over the NEET paper leak, Congress leader Rahul Gandhi congratulated the youth, calling it a crucial step for education reform, and urged broader public action to hold the government accountable, demanding an apology from Prime Minister Narendra Modi.
Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.
Court-appointed administrator Justice Gita Mittal has proposed extensive constitutional amendments for the All India Tennis Association (AITA). These reforms aim to align AITA with the National Sports Governance Act, 2025, by significantly increasing athlete representation in decision-making bodies, downsizing the Executive Committee, and establishing independent ethics and dispute resolution committees. The changes, which include inducting Sportspersons of Outstanding Merit into key committees and reducing state association representation, await approval at an upcoming Extraordinary General Meeting.
Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra, along with Samajwadi Party chief Akhilesh Yadav, were forcibly removed and detained by Delhi Police during a protest outside Prime Minister Narendra Modi's residence, demanding justice for students protesting the NEET paper leak and condemning alleged police brutalities.
Govind Dev Giri Maharaj, treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, acknowledged supervisory lapses at the Ayodhya Ram temple following alleged donation theft, but stated he would not resign as he does not consider himself personally at fault. He estimated the theft could be around Rs 3 crore and criticised SBI for not verifying employee credentials.
The Supreme Court has informed the Centre that it will closely monitor the steps taken to curb NEET examination paper leaks, emphasising that 'ad hocism has caused trouble for years' and demanding a comprehensive overhaul of the examination process.
An accountant at a private cement plant in Uttar Pradesh was shot and injured by unidentified assailants. Police are investigating the attempted murder and the motive remains unknown.
FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.
The International Cricket Council (ICC) has announced 12 venues across South Africa, Zimbabwe, and Namibia for the 2027 ODI World Cup, marking the tournament's return to Africa after 24 years, with a new 57-match, three-stage format designed to enhance competitiveness and fan experience.
A brutal crackdown by Pakistani security forces on protesters in Pakistan-occupied Kashmir (PoK) over the last two days has reportedly left more than 30 civilians dead and over 33 injured, government sources said on Wednesday.
Model Rhiya Ahir, who gained viral attention for blocking a police van during student protests in Mumbai, has filed a complaint with cyber police alleging online harassment, deep-fake videos, and abusive trolling following her widely circulated protest image.
Activist Sonam Wangchuk has ended his 26-day indefinite hunger strike after Union Ministers JP Nadda and Jitendra Singh met him and conveyed the government's assurances regarding his demands, including not registering cases against peaceful protesters and considering compensation for NEET paper leak victims.
Congress leader Rahul Gandhi has intensified his criticism of the government, demanding the immediate removal of Education Minister Dharmendra Pradhan and an apology from Prime Minister Narendra Modi following alleged pellet gun injuries to student protesters.
Congress leader Rahul Gandhi has accused the Modi government of 'destroying' India's education system, expressing full support for protesting students and their demands, including the resignation of Education Minister Dharmendra Pradhan and an apology from Prime Minister Narendra Modi.
Union Minister J P Nadda has expressed the government's readiness for further talks with the protesting Cockroach Janta Party (CJP) regarding the NEET paper leak, offering his office or residence as venues. However, the CJP, leading protests at Jantar Mantar and demanding the Education Minister's resignation, insists on a neutral venue or the protest site itself for any future discussions, having previously rejected Nadda's invitations.
The Delhi police will not take any adverse legal action against individuals who participated in the Cockroach Janta Party-led protest in the national capital, but those with criminal background will have to face action, according to a Delhi government order.
'The anger among the PoK public is unlikely to subside against Pakistani State in the near future.'
'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''
An unidentified group hurled a petrol bomb at the BJP office in Sangrur, Punjab, prompting strong condemnation from party leaders who criticised the AAP government's handling of law and order. Police are investigating the incident, which caused no injuries but left a burn mark on the building.
As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.
