A 47-year-old man from Palakkad has been arrested for allegedly cheating a Thiruvananthapuram resident of over Rs 1.19 crore in an online trading scam.
Life Insurance Corporation of India (LIC) announced a significant 23 per cent increase in its net profit for the March quarter, reaching Rs 23,420 crore, alongside a rise in total income and premium collections.
The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.
The Supreme Court has scheduled a July hearing for the Rs 500 crore money decree case involving Ras Al Khaimah Investment Authority (RAKIA) and industrialist Nimmagadda Prasad, following the failure of a mediation process led by former Chief Justice of India U U Lalit.
Mumbai Police have arrested a man for allegedly cheating a couple of Rs 30 lakh by promising them a flat in a Slum Rehabilitation Authority's building in Andheri.
The Indian Coast Guard and Gujarat ATS seized 115 kg of cocaine, valued at approximately 1,150 crore, from a container vessel off the Mundra coast in a joint operation.
Eight people have been arrested in Ahmedabad for allegedly stealing 2.1 kilograms of gold jewellery worth Rs 2.58 crore from an Akasa Air cargo shipment. The theft involved a pre-planned racket, with two Akasa Air employees among those arrested. The airline has terminated their services and is cooperating with the police investigation.
The Reserve Bank of India (RBI) has declared a record Rs 2.87 lakh crore dividend to the government for the 2025-26 financial year, offering significant financial flexibility amidst global economic uncertainties.
Five individuals have been arrested in Indore, Madhya Pradesh, for allegedly possessing mephedrone worth Rs 1 crore. The arrests were made following a tip-off, leading to the interception of a car and two motorcycles. The accused were apprehended after attempting to flee, and a kilogram of the drug, along with a country-made pistol, was recovered.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
Police in Dahod, Gujarat, seized over Rs 2.56 crore in unaccounted cash from a car during a routine vehicle check. The cash was being transported from a courier firm to Vadodara, and the driver could not provide documentation for the money's source.
Gold prices in the national capital fell by Rs 600 to Rs 1.64 lakh per 10 grams, influenced by tentative progress in US-Iran negotiations, which reduced demand for precious metals. However, unresolved tensions surrounding the Strait of Hormuz continue to keep traders cautious.
A gold jewellery firm in Bengaluru was allegedly cheated of Rs 3 crore by three men posing as wholesale buyers who decamped with ornaments.
A 35-year-old man from Thane district was allegedly cheated of Rs 2 lakh in a US dollar exchange fraud in Navi Mumbai. The victim was shown bundles appearing to contain US currency, but they turned out to be paper rolls and soap bars.
Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.
Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.
India's fertiliser subsidy bill is projected to increase by approximately 70,000 crore, reaching around 2.41 trillion in FY27, primarily due to rising import costs exacerbated by the ongoing West Asia crisis.
State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.
A jewellery trader in Thane was allegedly cheated of Rs 14 lakh by six individuals who promised to sell him gold at a discounted price but failed to deliver.
Two men in Gurugram hired an SUV from a rental shop and sold it in Rajasthan for Rs 2.3 lakh. Police arrested the accused, who have a prior criminal history.
PepsiCo India plans a significant investment of Rs 5,700 crore by 2030 to enhance its production capabilities, focusing on its concentrate plant in Madhya Pradesh, a unit in Assam, and land acquisition in Tamil Nadu to expand its snack business footprint in South India.
India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.
A bomb threat at Jaipur's Sawai Man Singh Hospital caused panic after a caller demanded Rs 40 crore, threatening to blow up the premises. A search operation found no suspicious objects, and the caller was traced to Haryana and detained.
Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.
The CBI arrested two middlemen and another person in a Rs 13-lakh bribery case involving senior officers of the Punjab Vigilance department, following a late-night raid and chase.
Amul and Mother Dairy, India's largest dairy product retailers, have increased milk prices by Rs 2 per litre, marking the second such hike in 13 months. This move is expected to intensify inflationary pressures, already fuelled by global conflicts, and will impact household budgets across the country.
The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.
Delhi Police have arrested a driver who masterminded a robbery of his employer's cash, after initially claiming he was robbed by motorcycle-borne assailants.
The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.
Assam Police's Special Task Force seized narcotics valued at Rs 21.36 crore and arrested five persons in Kamrup district. The operation was based on intelligence about a large consignment being transported from Manipur.
The CBI has registered an FIR in the death of Twisha Sharma, booking her husband and mother-in-law.
The Supreme Court granted bail to the wife of the alleged 'kingpin' of a Rs 3,700-crore scam and directed that no court shall de-freeze the assets attached by the probe agencies in the case till the trial in the FIRs against the accused are concluded.
Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.
Two unidentified men allegedly robbed a residence in east Delhi's Trilok Puri, stealing cash and jewellery worth approximately Rs 8 lakh after tying up a lone woman in the house.
The University of Gloucestershire is looking for international student-athletes for funded study and training opportunities in the UK.
Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.
The CBI's investigation into the NEET-UG 2026 paper leak has revealed that the leaked question paper allegedly reached Rajasthan through an accused, with students paying significant sums for access. The investigation is ongoing, with authorities questioning individuals and tracing the money trail.
Delhi Police have arrested three members of a gang posing as police officers who robbed a Rajasthan resident of Rs 50 lakh in Delhi's Pitampura area. Police recovered Rs 33.5 lakh in cash and the motorcycle used in the crime.
The Election Commission reports a significant increase in seizures of inducements during recent assembly elections, with Tamil Nadu leading in cash seizures and West Bengal in liquor and drugs.
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