A political controversy has erupted in Navi Mumbai after Maharashtra Deputy CM Eknath Shinde's name was omitted from official invitation cards for a civic event, leading to protests by Shiv Sena workers. The incident has also exposed infighting within the BJP, with an MLA accusing a minister of sabotaging her projects and falsely claiming credit.
Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms.
The United States has announced new sanctions targeting Iran's 'shadow oil economy,' accusing Tehran of using illicit oil revenues to fund the Islamic Revolutionary Guard Corps (IRGC) and its regional activities.
Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.
The Nadia district administration has launched an investigation after 173 male names were detected in the beneficiary list of the 'Lakshmir Bhandar' scheme meant for women in Dhubulia area.
A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.
The Enforcement Directorate has attached assets worth Rs 634 crore of a Unitech Group realty project in Noida as part of a money laundering investigation linked to alleged fraud with homebuyers.
The Bihar education department has requested madrasas, Sanskrit, and other government-aided minority schools to provide details regarding the number of students, teachers, and non-teaching staff to ensure proper utilisation of government aid.
RSS chief Mohan Bhagwat has firmly rejected demands for the organisation to register itself, asserting that the Sangh operates openly and has nothing to hide. Responding to Karnataka Home Minister Priyank Kharge's call for registration, Bhagwat stated that such demands are politically motivated and that the government is well aware of the RSS's existence and activities.
'First-time or conservative investors should avoid narrow sectoral funds.'
The International Cricket Council has suspended Canada over breaches of the national board's membership obligations, weeks after the global governing body's anti-corruption unit launched an investigation into Cricket Canada.
The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.
Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.
Indian benchmark indices, Sensex and Nifty, closed almost flat in choppy trade as investors remained cautious due to ongoing uncertainty in West Asia, relentless foreign fund outflows, and anticipation of the RBI's monetary policy decision.
Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.
'Allocating 5 to 10 per cent of one's portfolio and staying disciplined through market cycles helps in having a positive investment experience.'
A parliamentary committee has voiced concerns over ongoing examination irregularities despite government measures, recommending the Ministry of Education publish a time-bound roadmap for reforms. The panel also urged a nationwide blacklist of firms involved in exam processes and suggested utilising the National Testing Agency's financial surplus to enhance its capabilities.
Villagers in Mathabhanga, West Bengal, have started receiving refunds of 'cut money' they paid to local toughs to access government scheme benefits during the previous TMC regime. The BJP claims this is due to their rise to power, while the TMC denies any involvement in the illegal collections.
The CBI successfully coordinated the repatriation of Ganesh Balaso Kale, a cybercrime suspect from Thailand, and Vainket Garg, wanted for murder and other offences, from Georgia, demonstrating effective international law enforcement cooperation.
Net investments into equity mutual fund schemes in India remained elevated at approximately 38,440 crore in April, despite a slight dip from March's high and a 3% month-on-month decline in Systematic Investment Plan (SIP) inflows.
Pakistan has increased its defence budget by 17.6 per cent to PKRs 3,000 billion for the upcoming fiscal year, as announced by Finance Minister Muhammad Aurangzeb. The federal budget, estimated at PKRs 18,771 billion, targets 4 per cent GDP growth, with significant allocations for debt service and pensions. Prime Minister Shehbaz Sharif highlighted economic stability and ongoing discussions with the IMF, while the opposition protested Imran Khan's incarceration during the budget session.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
The National Company Law Tribunal (NCLT) in Mumbai has admitted a petition filed by State Bank of India (SBI) seeking to initiate personal insolvency proceedings against industrialist Anil Ambani. This action is related to Ambani's alleged personal guarantees for loans extended to Reliance Communications (RCom), from which SBI is attempting to recover over 1,200 crore.
Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.
Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
The unprecedented rally in artificial intelligence (AI)-linked stocks has led to Indian companies being excluded from the top 10 constituents of the MSCI Emerging Markets (EM) Index for the first time in over two decades, raising concerns about concentration risk.
The Delhi government has announced a comprehensive audit of the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The audit, initiated by the DSIIDC, aims to identify financial irregularities, fund diversions, and their financial impact within these public-private partnership projects.
The Delhi High Court granted interim bail to Baramulla MP Sheikh Abdul Rashid, who is imprisoned in a terror-funding case, following his father's death. The court stipulated that Rashid must be accompanied by police officials during his release.
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
Trinamool Congress MP Deepak Adhikari, also known as Dev, has urged West Bengal Chief Minister Suvendu Adhikari to expedite the long-pending Ghatal Master Plan, a crucial flood-management project for his constituency. Dev received assurances that the project, aimed at mitigating annual floods in the low-lying Ghatal area, would be taken forward, with hopes for budget allocation by the BJP government.
A former industries extension officer in Thiruvananthapuram has been arrested by the Vigilance and Anti-Corruption Bureau (VACB) for allegedly misappropriating Rs 3.57 crore from a self-employment scheme for women. The officer, Praveen Raj T R, is also implicated in two other similar cases involving significant amounts.
PGA Tour winners Viktor Hovland and Ryan Fox are confirmed to participate in the second DP World India Championship at the Delhi Golf Club from October 15-18. They will join other European Ryder Cup stars like Tommy Fleetwood, Rory McIlroy, and Justin Rose in the USD four million event, which is a key part of the Race to Dubai.
'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'
Bihar Police have arrested four individuals in Muzaffarpur for allegedly operating a network that sold fake question papers for various examinations, including NEET-UG, to aspirants and their parents via social media. The arrests followed information from a previously apprehended associate, Manish Jha, and further investigation is ongoing.
Wimbledon has announced a record 64.2 million prize money pot for this year's championships, a 20% increase from last year, marking the biggest annual rise in its history. This significant boost comes amidst growing demands from players for a larger share of Grand Slam revenues, with increases across all rounds and a substantial rise for singles champions and first-round losers.
In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.
Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.
Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
