Sports Minister Mansukh Mandaviya is advocating for a Formula 1 race in India by 2027, with potential interest from multiple companies to operate the Buddh International Circuit.
'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'
Maharashtra's Chief Minister inaugurated the 'Missing Link' project on the Mumbai-Pune Expressway, designed to bypass a steep mountain pass, reduce travel time, and boost economic activity.
In its report, 'Asset Recovery Guidance and Best Practices', the global money laundering and terrorist financing watchdog, shared multiple examples from cases investigated by the ED, citing them as models of effective asset recovery practice and inter-agency coordination.
Delhi Police have dismantled an organised interstate auto-lifting syndicate involved in stealing high-end vehicles, tampering with chassis numbers, and fraudulently re-registering them using forged documents. Ten key members of the racket have been arrested, and 31 stolen luxury vehicles have been recovered.
Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.
The Delhi High Court has upheld a trial court's order declaring UK-based arms consultant Sanjay Bhandari a 'fugitive economic offender' in a money laundering case, allowing the Enforcement Directorate to proceed with confiscating his assets.
The Supreme Court has deferred the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms to May 8.
Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.
Gujarat Titans all-rounder Jason Holder delivered a match-winning spell to guide his side to a tense four-wicket victory over Punjab Kings in an Indian Premier League clash in Ahmedabad on Sunday, May 3, 2026.
Ebrahim Azizi, head of Iran's National Security Committee, stated that diplomatic talks with the US are governed by national interest and security, viewing negotiations as an extension of military efforts.
The Allahabad High Court dismissed a petition by an advocate seeking quick disposal of a maintenance case against his wife, calling it 'vexatious' and imposed a significant fine for concealing facts and misusing his wife's funds.
Two women, suspected to be linked to an interstate gang that allegedly defrauded a Gurugram exporter of Rs 2.49 crore and 50 tolas of gold, have been arrested. The accused are associated with a Gujarat-based film producer, who is considered the 'kingpin' of the gang.
The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.
The Jharkhand Criminal Investigation Department (CID) has uncovered a money trail of Rs 10 crore related to the Bokaro treasury scam, freezing several fixed deposits and arresting multiple individuals, including police personnel and an accountant.
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.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.
Bhuvneshwar Kumar's impressive performance in IPL 2026 has sparked debate about his potential return to the Indian T20I squad.
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.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.
The Enforcement Directorate on Friday said it has attached assets worth a combined Rs 8 crore of former Indian cricketers, actors and models like Yuvraj Singh, Robin Uthappa, former Trinamool Congress MP Mimi Chakraborty, Sonu Sood and some others as part of its money laundering probe against an 'illegal' betting app named 1xBet.
Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.
Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan
A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).
Police in Shopian district of Jammu and Kashmir have attached property worth Rs 10 lakh belonging to an alleged drug peddler as part of a crackdown on narcotics-related activities.
Jammu and Kashmir Lieutenant Governor Manoj Sinha has accused Pakistan of targeting the region's youth by flooding the streets with drugs, vowing to combat the menace and protect the younger generation.
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).
Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.
'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'
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 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.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
Commodity markets, especially the metals, are among the most volatile segments of the Indian financial ecosystem. To traders involved in commodity trading, it is not only helpful to keep track of the daily price changes but also necessary to make informed trading decisions. Commodities like gold, silver, copper, and aluminium react to many different factors, which makes it imperative for commodity traders to watch out for metal prices every day.
An Iranian tanker successfully bypassed the US Navy to deliver crude oil to the Asia-Pacific region, despite ongoing tensions and a US blockade.
Members of lottery 'king' Santiago Martin's family are contesting in the Tamil Nadu and Puducherry Assembly elections through three different political parties.
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.
Gurugram Police demolished illegal encroachments on government land in Pataudi, allegedly constructed by associates of jailed gangster Kaushal Chaudhary, as part of an ongoing effort to dismantle criminal networks' financial support.
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.
