The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.
Mohammed Siraj is poised to lead India's pace attack in the upcoming two-Test series against Sri Lanka, stepping into the crucial role in the absence of Jasprit Bumrah.
Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.
Jammu and Kashmir Police have attached immovable property worth Rs 71 lakh belonging to an alleged drug peddler in Udhampur as part of their drug-free campaign.
The Lok Sabha has referred the contentious Foreign Contribution (Regulation) Amendment Bill, 2026, to a 31-member joint parliamentary committee for thorough scrutiny.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
Prime Minister Narendra Modi addressed the 57th Convocation Ceremony of IIT Delhi, advocating for increased female participation among medallists and awardees. He also advised graduates against social media distractions, encouraged self-improvement, and inaugurated the Param Pragya AI supercomputing facility.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
In response to the NEET-UG 2026 paper leak controversy, the NTA has initiated a significant security upgrade, floating a Rs 7.5 crore tender for comprehensive, round-the-clock security services to protect its critical infrastructure and confidential examination materials.
Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.
Former India opener Shikhar Dhawan has expressed strong confidence in Rohit Sharma and Virat Kohli's ability to contribute significantly to India's 2027 ODI World Cup campaign, stating they will 'add great value to the team and help India win the World Cup'.
A prominent Pakistani Islamic scholar, Mufti Muhammad Taqi Usmani, has issued a fatwa declaring cryptocurrency trading "haram" under Islamic law. This ruling, which covers various digital assets including Bitcoin and stablecoins, states that they do not meet the Islamic definition of wealth, potentially impacting crypto adoption despite the government's efforts to regulate and promote the sector.
'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'
India's foreign exchange reserves increased by USD 964 million to USD 675.157 billion in the week ending July 10, according to the Reserve Bank of India.
The Tamil Nadu Assembly has adopted crucial resolutions against the National Eligibility cum Entrance Test (NEET) and the Foreign Contribution (Regulation) Amendment Bill, 2026, with the lone BJP member opposing both.
The Maharashtra government has proposed amendments to the Maharashtra Motor Vehicles Rules, 1989, making 'working knowledge of Marathi language' mandatory for cab drivers, with non-compliance potentially leading to suspension or revocation of driving licences.
Devdutt Padikkal hit an unbeaten 142 as India recovered from an early setback to reach 357/6 against Sri Lanka XI in Colombo.
Actor-politician Kangana Ranaut has made a significant U-turn, praising Gen Z as India's biggest strength and ambassadors of culture, days after controversially labelling them 'generation gutter.' Her new stance aligns with RSS chief Mohan Bhagwat's recent comments advocating for hearing out young protesters.
Real Madrid has announced a contract extension for Brazilian winger Vinicius Jr until June 2032, ending speculation about his future. The 26-year-old, a key player for the club, had been linked with Arsenal. This long-term deal secures one of Real's most valuable assets and follows a summer of significant squad strengthening.
My family produced a Malayalam movie in 1986. It had big actors in it. The songs were sung by K J Yesudas himself. The film starred two newcomers as the lead pair. It bombed.
Real Madrid forward Vinicius Jr is reportedly 'happy, cheerful and playing his football' under new manager Jose Mourinho, despite being in the final year of his contract and facing speculation about a potential move to Arsenal.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
The Odisha Vigilance Department has uncovered significant assets, including a farmhouse, a palatial building, plots, and bank deposits, during raids on an irrigation department engineer.
Sarfaraz Khan has been recalled to India's Test squad for the two-match away series against Sri Lanka, starting August 15, following an injury to Sai Sudharsan. This recall comes after two years of consistent performance and a significant physical transformation, including shedding 17kg.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.
Kovai Kings, a Tamil Nadu Premier League team, has secured VIDA as its title partner for the 2026 season. The team, now rebranded as VIDA Kovai Kings, also unveiled its new official jersey and will be led by M Shahrukh Khan and B Sai Sudharsan. This partnership aims to combine high performance with innovation and sustainability.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.
The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.
Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
Jammu and Kashmir Police have seized properties worth over Rs 55 lakh belonging to two drug peddlers in Rajouri and Udhampur districts as part of an ongoing crackdown on narcotics.
FIFA has vehemently denied a report claiming President Gianni Infantino sought assistance from the U.S. President Donald Trump's administration following the collapse of a multi-billion dollar plan to sell a stake in World Cup commercial rights, calling the allegations 'pure fiction'.
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
FIFA President Gianni Infantino reportedly sought support from the Trump administration following the collapse of his plan to sell a stake in World Cup commercial rights, facing mounting criticism and feeling 'isolated' by negative media coverage.
