'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
FedEx and ServiceNow have expanded their collaboration to develop an AI-powered supply chain solution aimed at optimising workflows and enhancing customer experiences. The partnership was announced at the Knowledge 2026 AI conference in Las Vegas.
Police in Beed, Maharashtra, busted a prostitution racket, rescuing three women and booking three individuals involved in running the operation.
Somewhere between couture and chaos, the Met Gala 2026 decided subtlety was overrated.
Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.
Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.
Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.
Police in Arunachal Pradesh have busted a sex racket operating from a resort in Roing, rescuing four women and arresting several individuals.
Adobe has announced the opening of a new office in Noida, its seventh in India. The new campus will house over 700 employees and signifies Adobe's continued focus on driving innovation from India.
Union Finance Minister Nirmala Sitharaman has warned that the ongoing West Asia crisis is not merely a geopolitical issue but will directly lead to higher fuel costs for common people and businesses, impacting shipping, input availability, and export orders.
LAMF allows investors to access liquidity while staying invested.
IBM and Yotta Data Services have announced a partnership to deliver an agentic artificial intelligence (AI) platform for enterprises and government organisations in India, leveraging IBM WatsonX Orchestrate and Yotta's Shakti Cloud.
Maruti Suzuki India reported a significant 147 per cent year-on-year increase in mini-car sales (Alto and S-Presso) during April-May 2026, reaching 32,341 units, driven by eased production constraints and a surge in demand for CNG vehicles amidst rising fuel prices.
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.
A tribal woman walked nearly 3 km carrying her 90-year-old mother-in-law on her back to a bank to collect the latter's Rs 500 monthly pension, pending for four months due to incomplete KYC (Know Your Customer) formalities, in Chhattisgarh's Surguja district.
From Mexico to Canada, across 16 stadiums in wildly different climates, the continental tournament is putting turf science to its ultimate test. The goal: creating living surfaces that can withstand kicks, studs, tackles and scorching summer heat.
Customs officers at Delhi airport arrested three Sri Lankan passengers arriving from China for allegedly smuggling marijuana worth Rs 11.63 crore.
IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.
Customs officials at Kempegowda International Airport seized 5.78 kg of hydroponic ganja, valued at 2.02 crore, from a passenger arriving from Bangkok. In a separate incident, officials intercepted four female passengers from Bangkok and seized 11.72 kg of hydroponic ganja, valued at 4.10 crore.
Delhi Police are investigating a blocked roof exit and the use of cooking heaters in guest rooms as key factors in the recent Malviya Nagar hotel fire that killed 21 people. Hotel owner Lavkesh Bajaj has been arrested, and a Look Out Circular issued against his wife, while the manager remains absconding.
Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.
Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.
A gang of armed robbers targeted a State Bank of India branch in Surat, Gujarat, looting Rs 50 lakh in cash after threatening staff and customers.
Magnus Carlsen reflects on the challenges of ageing and memory as he struggles at the Norway Chess tournament, revealing his reliance on coffee and longing for a distraction with the Champions League final.
ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.
Fintech company Pine Labs has acquired Shopflo, an online checkout optimisation platform, for Rs 88 crore in an all-cash deal aimed at providing a unified commerce platform for merchants.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Four passengers arriving from Bangkok at Bengaluru's Kempegowda International Airport were arrested for smuggling hydroponic ganja worth over Rs 21.5 crore.
Police in Jamtara, Jharkhand, have arrested three individuals for allegedly defrauding people by obtaining bank account details under the guise of supplying LPG cylinders.
India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.
A 27-year-old woman has accused her husband and in-laws of physical, mental, and sexual harassment, alleging religious deceit and torture in Maharashtra and Bihar.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
Kangana Ranaut has defended Aishwarya Rai Bachchan's Cannes 2026 appearances, shutting down critics by stating, "Fashion and style is a self-expression, it is one's own interpretation of life and their attitude, no woman owes anything to anyone, Ash looks great!!"
Uttarakhand STF and Dehradun Police busted an international online betting syndicate and arrested five accused allegedly involved in facilitating betting on IPL matches.
Delhi Police have busted a racket selling counterfeit branded garments and accessories in Vasant Kunj, arresting one person and seizing a large stock of fake products.
A passenger arriving from Bangkok was apprehended at Bengaluru's Kempegowda International Airport with hydroponic ganja valued at Rs 3.89 crore.
Former Samajwadi Party MLA Irfan Solanki and his associates have been booked on charges of assault and intimidation following a clash at a goat market in Kanpur. The incident has sparked tension in the area, with traders demanding police action.
SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.
