Despite outward displays of cordiality, a formal visit by King Charles III to the US revealed underlying tensions between the leaders, highlighted by subtle rebukes and contrasting views on key issues.
The Jammu and Kashmir Police have dismantled a major narcotics network with interstate and cross-border links, arresting the most-wanted drug kingpin Gulzar Ahmad alias Lau Gujjar and several associates.
The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.
The Enforcement Directorate (ED) conducted raids at the residences of a senior Kolkata Police officer and a businessman in connection with a money laundering case.
A Special Investigation Team (SIT) of Madhya Pradesh Police dismantled an interstate cannabis smuggling syndicate, arresting six individuals from Odisha, Rajasthan, and Madhya Pradesh after a 25,000 km investigation.
Assam Chief Minister Himanta Biswa Sarma has strongly criticised the Congress party for making what he claims are unverified allegations against him and his family, including accusations of undeclared assets and multiple passports held by his wife. Sarma has vowed to pursue legal action against Congress leaders, including Pawan Khera, and has accused them of spreading misinformation.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
The Enforcement Directorate conducted searches at multiple locations in a money laundering case linked to an alleged Rs 145 crore fraud involving fixed deposits of the Panchkula Municipal Corporation.
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
Gautam Buddh Nagar police have arrested two more individuals, Himanshu Thakur and Satyam Verma, in connection with the recent violence during worker protests in Noida. The accused are alleged to have orchestrated provocative activities and violence during the demonstrations.
The Congress party in Kerala has expressed a lack of faith in the Special Investigation Team (SIT) probing the alleged misappropriation of gold from the Sabarimala Sree Ayyappa Temple, stating that a thorough investigation will be conducted if the UDF comes to power.
Gold and silver prices saw a significant decline in the national capital, with silver falling by Rs 7,800 to Rs 2.43 lakh per kilogram and gold by Rs 1,500 to Rs 1.54 lakh per 10 grams, as investors booked profits amid persistent doubts over the durability of the West Asia ceasefire.
The United States Central Command (CENTCOM) has confirmed the implementation of a naval blockade on Iranian ports, enforcing strict measures on vessels entering or departing, significantly escalating tensions between the two nations.
Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.
Delhi Police arrested a man within six hours for allegedly staging a Rs 17 lakh gunpoint robbery in Rohini to siphon off his employer's money. The complainant, Abhishek, was later identified as the mastermind behind the fabricated robbery.
Police in Nellore district, Andhra Pradesh, have busted an organised online cricket betting racket, arresting 12 people and seizing cash, mobile phones, and a television. The syndicate operated through online platforms, using multiple bank accounts and PhonePe numbers for fund transfers.
The Indian rupee depreciated by 34 paise to close at 93.78 against the US dollar, marking its third consecutive session of decline. This fall is attributed to escalating crude oil prices driven by uncertainty surrounding US-Iran peace talks and fresh attacks in the Strait of Hormuz, alongside significant foreign institutional investor outflows from domestic equity markets.
The United States has clarified that its naval blockade in West Asia targets Iranian ports and coastline, not the Strait of Hormuz, applying to all ships regardless of nationality. US officials warned Iran against threatening commercial ships and hinted at ceasefire negotiations as an alternative.
The Enforcement Directorate (ED) conducted raids on the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and another individual as part of a money laundering investigation against an alleged criminal syndicate in West Bengal.
Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).
The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.
Lucknow Super Giants' Global Cricket Director Tom Moody praises Mohammad Shami's leadership and wisdom, while also providing updates on injured players Mayank Yadav and Mohsin Khan. RCB's Rasikh Salam Dar discusses his preparation and learning from senior players.
Six individuals from Gujarat, Rajasthan, and West Bengal have been arrested in Goa for allegedly running an online betting racket linked to the Indian Premier League (IPL).
Godrej Properties closed FY26 with record bookings and presales, exceeding its annual guidance, but brokerages express concerns over weak cash-flow generation and the ability to sustain growth amidst a muted real estate market.
Goa Police's Crime Branch busted an illegal IPL cricket betting racket, arresting 10 individuals after raids on two villas in Ribandar and Kadamba Plateau. Authorities seized mobile phones, laptops, SIM cards, and cash worth approximately Rs 28 lakh.
The Enforcement Directorate conducted raids at the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and a local businessman as part of a money laundering probe against an alleged criminal and his linked syndicate.
Members of lottery 'king' Santiago Martin's family are contesting in the Tamil Nadu and Puducherry Assembly elections through three different political parties.
'The grounds shown by the investigating officer (IO) for issuance of non-bailable warrant were 'entirely based on presumptions and conjectures, and are not supported by any material on record',' the court said.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Five masked gunmen robbed a Bank of Maharashtra branch in Singrauli, Madhya Pradesh, stealing gold and cash worth Rs 5.7 crore. One suspect has been arrested in Bihar.
Kapil Chugh, accused of masterminding a Rs 1,825 crore GST refund fraud, has been arrested by DGGI officers upon his return from Dubai. He is alleged to have evaded investigation and is wanted in other economic criminal cases.
The Enforcement Directorate conducted fresh searches on the Merlin Group, a Kolkata-based real estate company, as part of an ongoing money laundering investigation. The searches follow previous raids on the group and its promoters, with the ED investigating alleged financial links between the company and West Bengal government officials.
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
The Enforcement Directorate conducted fresh searches against entities being probed in connection with the money laundering case against Kolkata-based real estate company Merlin Group and others. The action follows previous raids on April 8 and focuses on alleged financial links between the company and West Bengal politicians and officials.
The Hazaribag Superintendent of Police (SP) Office treasury scam has widened, with more arrests made and the embezzlement amount increasing to Rs 28 crore. The investigation is ongoing, with teams sent to Bihar to trace the money trail and assets acquired through the scam.
S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.
The Indian rupee appreciated by 23 paise to settle at 92.91 against the US dollar, driven by a weakening American currency, retreating crude oil prices, and renewed foreign institutional investor (FII) inflows amid increasing hopes of easing geopolitical tensions.
US President Donald Trump has shared an article suggesting that the option of enforcing a naval blockade was available in the context of Iran, as peace talks ended in a stalemate in Islamabad after differences of opinion arose between the two parties on the Strait of Hormuz and Iran's nuclear capacities.
The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.
Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.
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