The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.
Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.
The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.
A 21-year-old Delhi University student was brutally stabbed to death at her home in Tilak Nagar. Police suspect a known acquaintance, Imran, committed the crime out of rage over her talking to another person. Imran is currently absconding, and multiple police teams have been formed to apprehend him as investigations continue.
A 36-year-old man was found hanging in his Gurugram home, with his wife detained by police following allegations from his family that she sought a divorce and may be involved in his death. The couple's seven-year-old son reportedly recorded a video of his father hanging.
Police in Mau, Uttar Pradesh, have arrested a married woman and her alleged lover for the murder of her former partner, Asgar Ali. The investigation revealed the murder stemmed from a love affair and personal rivalry, with the victim allegedly objecting to the woman's new relationship. Another accused remains at large.
Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.
The Delhi government is set to introduce a comprehensive drone policy aimed at creating over 1,000 jobs and regulating drone operations. The policy will focus on establishing research clusters, flight testing facilities, and providing subsidies, while also addressing drone usage for government purposes like traffic management and surveillance, considering the city's extensive 'no drone zones'.
NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.
'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'
'Getting involved with an ex has never ended well,' warns rediffGURU Archana Deshpande, life coach and founder of TransformMe Life Skills Coach.
New dematerialised (demat) account additions in India reached a six-month high in July, with 2.89 million new accounts opened, driven by a buoyant initial public offering (IPO) market and a broad-based rally in equities.
A 19-year-old mechatronics engineering student was brutally murdered in Coimbatore, leading to a political controversy in Tamil Nadu. While his family alleges he was targeted for exposing drug abuse on campus, police and college management claim the attack stemmed from personal enmity and a retaliatory clash. Eight arrests have been made, and the issue was raised in the Legislative Assembly, with the Opposition demanding an inquiry into the conflicting narratives.
Finance Minister Nirmala Sitharaman clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers, and aims to support banks and fintech in infrastructure investment. She countered Congress leader Jairam Ramesh's claims, stating that a committee will decide on MDR only after Parliament passes the Taxation and Other Laws (Amendment) Bill, 2026, a process currently stalled by parliamentary disruptions.
A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
In a shocking incident Friday night, a Protection of Children from Sexual Offences Act accused allegedly killed a minor victim, her mother, and her grandmother under the Shabad police station limits in the Rangareddy district.
India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.
Sony Pictures Networks India (SPNI) has seen its revenue grow by over 9 per cent to 7,064 crore, driven by the strong performance of SonyLIV, Sony SAB, and Sony Entertainment Television (SET), said Gaurav Banerjee, head of SPNI.
Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.
'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
A 13-year-old girl in Keralam is suspected of playing a key role in the murder of her elderly relative, Sivankutty, with her minor boyfriend and two friends allegedly carrying out the crime. The teenagers reportedly planned the murder to steal gold and money for a high-end mobile phone and a motorbike. The boyfriend allegedly made a video call to the girl during the assault, showing her the killing. All four minors have been apprehended, and investigations are ongoing, with a possible 'bad touch' revenge motive also being explored alongside the primary theft motive.
A new report highlights that publishers need to adopt clear records, AI-specific provisions, and transparent disclosure of AI use to manage legal and commercial risks as the copyright framework around artificial intelligence evolves. Jointly developed by SS Rana & Co and Ficci, the 'Copyright In The AI Age' report emphasises practical governance measures while courts and regulators work on legal principles. It also addresses concerns about authorship, creators' rights, and research integrity amidst increasing AI integration in publishing.
Meera tells Rishika Shah/Rediff how a relationship that seemed perfect from the outside turned into a marriage she walked away from within a year.
India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.
Their Supreme Sacrifice for the Motherland will Never be Forgotten.
The number of individuals reporting a gross total income of 100 crore or more in their income tax returns has quadrupled to 576 in Assessment Year 2025-26, up from 142 in AY 2021-22, according to data shared in Parliament.
The Securities and Exchange Board of India (Sebi) has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year, imposing a total penalty of Rs 1.48 crore, for the unauthorised pledge of ZEEL's Hyderabad land to secure loans for promoter-linked Essel Group entities.
RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
Two policemen, including one from the MP police special task force, have been arrested in Bhopal for allegedly luring and raping a 17-year-old Dalit girl. The main accused, Santosh Sen, is charged under POCSO and SC/ST Act, while his colleague, Jitendra Rajput, is accused of abetment.
India's banking system liquidity has fallen to its lowest level in over three weeks, driven by robust credit growth and potential RBI intervention in the foreign exchange market, according to the latest data from the Reserve Bank of India.
'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'
Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
Indian benchmark indices, Sensex and Nifty, closed almost unchanged due to profit-taking in blue-chip stocks, geopolitical uncertainties, fluctuating oil prices, and weak Asian market trends, despite cooling US inflation offering some support.
