Despite the Reserve Bank of India's (RBI) and the government's recent initiatives to attract foreign capital, which are expected to alleviate pressure on long-duration bonds, most debt fund managers are maintaining a cautious stance, favouring shorter-duration papers due to global uncertainties and potential future rate hikes.
India's net direct tax collection has seen a robust 15 per cent increase, reaching approximately 5.21 trillion in the first two and a half months of FY27, as on June 17, driven by strong growth in both corporate and non-corporate tax segments.
The Maharashtra Congress has called for an inquiry into IPS officer Vishwas Nangre Patil's speech at a Hindu Sakal Samaj event, where he reportedly praised the RSS. The party alleges that the speech raises questions about his neutrality and adherence to All India Services (Conduct) Rules, especially concerning political neutrality and the requirement for prior permission for such public engagements. Nangare Patil was recently appointed Nagpur police commissioner, a city known for housing the RSS headquarters.
Prime Minister Narendra Modi expressed confidence that the BJP would form the next government in West Bengal after the assembly polls, asserting that he would return to the state for the oath-taking ceremony after results are announced on May 4.
The Assam government, led by Advocate General Devajit Saikia, has commenced arguments in the Zubeen Garg death case before a special fast-track court. The government aims to ensure no loopholes are left in the charge framing process, despite differing conclusions from Singapore Police.
Telugu actor Allu Arjun virtually appeared before a Hyderabad city court after being summoned in connection with a charge sheet filed in the 'Pushpa 2' premiere stampede case, which resulted in the death of a woman and injury to her son in December 2024. The court has posted the matter for July 6.
Items include luxury watches, jewellery, carpets, shawls, silverware and collectible artefacts with bidding prices reaching up to Rs 20 lakh.
President Droupadi Murmu conferred Padma awards upon 65 eminent personalities, including tennis legend Vijay Amritraj, actor Mammootty, and singer Alka Yagnik, in the second civil investiture ceremony. The awards recognised contributions across various fields, with Padma Vibhushan, Padma Bhushan, and Padma Shri categories.
Days after an altercation with a Bharatiya Janata Party block chief, IAS officer Rinku Singh Rahee, posted as sub-divisional magistrate (SDM) of Jalaun tehsil, has been transferred with immediate effect.
The family of Avinash Shukla, one of eight arrested in connection with the alleged theft of offerings from the Ram temple in Ayodhya, has stated he should be punished if guilty but receive justice if innocent. Shukla was involved in cash reconciliation, and Rs 20 lakh was reportedly recovered from him. The case follows allegations of embezzlement and an ongoing SIT investigation.
A caste recalibration is simmering just below the surface in UP.
Congress leaders on Monday termed the reorganisation of the Madhya Pradesh Waqf Board with the inclusion of two Hindu members as "inappropriate" and said they would challenge the decision in the Supreme Court.
Lawyers of the Faizabad Bar Association on Thursday took out a protest march here and submitted a police complaint seeking an FIR against Ram Mandir Trust general secretary Champat Rai, trust member Anil Mishra and temple official Gopal Rao over alleged embezzlement of donation funds.
The Cockroach Janta Party (CJP)'s protest at Jantar Mantar, demanding accountability for alleged examination irregularities, has entered its 15th day, garnering support from AAP MP Sanjay Singh and CPI(M) MP John Brittas. Climate activist Sonam Wangchuk continues his hunger strike, while a student leader from AISA was hospitalised after her condition turned critical.
A private security agency has denied involvement in the alleged embezzlement of donations at the Ram temple in Ayodhya. The agency stated it only recruited personnel for housekeeping at an SBI branch at the bank's request, disclaiming responsibility for their duties or the alleged theft, which is currently under SIT investigation.
''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'
Maharashtra's Shiv Sena minister Sanjay Shirsat sparked a political storm with his controversial comments regarding a fatal tree fall incident in Mumbai, which killed an 11-year-old boy and injured four others, initially suggesting such incidents are 'not in human hands' before clarifying his stance.
The Bihar government, led by Chief Minister Samrat Choudhary, has renamed the Sanjay Gandhi Biological Park as 'Patna Zoo' and the Sanjay Gandhi Institute of Dairy Technology as 'Bihar State Institute of Dairy Technology'. The cabinet also approved significant allocations for electricity subsidies, college establishments, and infrastructure projects.
Chief Minister Devendra Fadnavis has ordered an immediate stay on the controversial Maharashtra Right to Information (RTI) rules following a backlash from transparency advocates and a hunger strike threat by veteran anti-corruption activist Anna Hazare.
Dhaka and Beijing on Thursday agreed to strengthen cooperation on the management of the Teesta and other rivers and signed 13 agreements to bolster bilateral ties following talks between Bangladeshi Prime Minister Tarique Rahman and Chinese Premier Li Qiang.
Sports Minister Mansukh Mandaviya led the FIT India Cyclothon in Mumbai, advocating for cycling as a sustainable mode of transportation. The event, attended by Narsingh Yadav and Jackie Shroff, highlighted the importance of cycling for personal health, environmental sustainability, and energy conservation, especially amidst global fuel supply concerns.
Matthew Hayden cautions young cricketers against blindly copying Vaibhav Sooryavanshi's fearless batting style, backs Shubman Gill's consistency, and raises concerns over the future of bilateral ODI cricket amid the franchise boom.
The Department of Personnel and Training (DoPT) in India is actively integrating artificial intelligence (AI) into government processes to enhance efficiency, transparency, and accuracy. Initiatives include AI-enabled solutions for salary processing, grievance handling, and training content development, with a focus on data security and ethical use.
A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, prompting immediate evacuations. The incident occurred despite stringent airspace regulations in the Chinese capital, with details on casualties and the aircraft's origin still unclear.
Under the lens over serious lapses in the donation management system at the Ram Mandir in Ayodhya, the treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, Govind Dev Giri, has said that all audit reports were "safe" and that he had no role in the daily donation collection process at the temple.
A police team in Kochi intervened to help a NEET candidate who was about to be denied entry to her examination centre due to a missing passport-size photograph. Their timely action, involving contacting a studio owner on a Sunday, ensured the student could sit for the crucial medical entrance test.
90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.
Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.
Kerala's Leader of Opposition, Pinarayi Vijayan, has called on the state government to implement urgent measures to prevent wildlife attacks after an elephant attack killed a woman and injured her child in Idukki.
Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.
Cockroach Janta Party (CJP) founder Abhijeet Dipke is set to appear before a Ministry of Electronics and Information Technology (MeitY) committee regarding the withholding of the group's X account. This development comes amidst an ongoing CJP protest at Jantar Mantar demanding the resignation of Union Education Minister Dharmendra Pradhan over alleged exam irregularities and the NEET paper-leak controversy.
Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.
Chinese Foreign Minister Wang Yi is set to attend the BRICS National Security Advisors meeting in New Delhi on June 22-23. The high-level gathering will address international security challenges, regional issues, and prepare for the upcoming BRICS Summit in India. Wang Yi is also expected to hold bilateral talks with India's NSA Ajit Doval, focusing on India-China border issues.
India is adopting a two-pronged strategy for artificial intelligence development, focusing on open-source models and indigenous innovation to counter global access restrictions on advanced AI technologies. The government aims to support local developers and ensure AI creates tangible economic impact across various sectors, rather than being solely driven by market speculation.
GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).
Prime Minister Narendra Modi held a telephonic conversation with Iranian President Masoud Pezeshkian, discussing recent developments in West Asia and reiterating India's emphasis on the importance of freedom of navigation in the Strait of Hormuz. Modi welcomed the recent peace understanding between the US and Iran, stressing dialogue and diplomacy for regional stability. India will also send representatives to the burial ceremonies of Iran's late Supreme Leader.
'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'
Maharashtra Chief Minister Devendra Fadnavis has ordered probes into multiple allegations of sexual harassment and forced religious conversion at a Spanish multinational in Pune, a government-run ITI in Solapur, and a TCS unit in Nashik. The CM highlighted a pattern of such incidents in corporate firms and suggested forming a panel of women legislators to review existing laws and recommend improvements.
Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.
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.
