Three suspected bank robbers under police custody were killed in Peshawar, Pakistan, after unidentified gunmen attacked the police escort team. The suspects were being taken to identify crime scenes when the ambush occurred, resulting in a shootout and a subsequent search operation for the attackers.
An intensified DVAC probe into a multi-crore liquor scam, allegedly involving former DMK Minister V Senthil Balaji, has led to a suggestion to privatise retail liquor sales in Tamil Nadu. The investigation targets alleged collusion in TASMAC bar licences, transport tenders, and procurement, with the Madras High Court dismissing Balaji's anticipatory bail plea. The FIR details systemic corruption, significant revenue loss, and illicit fund generation, prompting political reactions.
The Lok Sabha has approved an amendment to India's anti-paper leak law, introducing stricter punishments including jail terms of up to 10 years and fines of up to Rs 50 lakh, in response to recent large-scale student protests and the NEET paper leak case.
Misir Besra, a banned CPI (Maoist) politburo member with a bounty of over Rs 1 crore and wanted in 141 cases, has been arrested from Jharkhand's Dhanbad district. His arrest is considered a significant achievement in anti-Maoist operations in the state.
BJP MP Kangana Ranaut and Cockroach Janta Party (CJP) spokesperson Saurav Das have engaged in a sharp verbal exchange, escalating the controversy surrounding Ranaut's 'Generation gutter' remarks aimed at young protesters.
FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."
'I don't see fear becoming a dominant factor for retail investors.'
The Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.
Parliament on Thursday passed a bill to amend the anti-paper leak law to introduce stricter punishments, with the government expressing its commitment to go the extra mile to safeguard the interests of students, who are the country's future.
Two years after the devastating Mundakkai-Chooralmala landslides in Wayanad claimed 298 lives, survivors continue to grapple with profound grief and trauma. Despite government rehabilitation efforts providing new homes in Kalpetta, many families face lingering emotional scars and financial hardships, highlighting the long-term impact of the tragedy.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
Indian stock market benchmark indices closed higher, driven by strong performance in blue-chip bank shares and a positive trend in global markets, with hopes of progress in US-Iran peace negotiations also contributing to optimism.
A 23-year-old B Tech gold medallist in Kanpur died by suicide, leaving a note apologising for his inability to secure a government job despite numerous attempts. His family stated he was under severe stress after failing competitive examinations for various sectors. Police are investigating the incident.
Trinamool Congress leader Derek O'Brien questioned the Enforcement Directorate's decision to freeze three of the party's bank accounts, worth Rs 440 crore, under the anti-money laundering law. He controversially asked when the ED would freeze "temple funds," in an apparent reference to alleged financial irregularities at the Ram temple in Ayodhya, amidst opposition demands for a judicial probe into the matter.
More than a dozen companies, including quick commerce firm Zepto, logistics platform Shiprocket, and housing finance company Truhome Finance, are preparing to launch their initial public offerings (IPOs) next month, collectively aiming to raise over Rs 25,000 crore.
A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.
LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.
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.
Mizoram has declared a full holiday for educational institutions and a half-day for government offices to allow residents to watch the FIFA World Cup final. Chief Minister Lalduhoma highlighted the state's passion for football and the importance of the sport to its youth.
Saransh Jain's domestic success motivated by his cancer-affected dad's inspiring note. Saransh received his India Test call-up for the Sri Lanka tour on Tuesday.
Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.
Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.
India's foreign exchange reserves increased by USD 7.26 billion to USD 674.193 billion for the week ending July 3, as reported by the Reserve Bank of India. This surge follows a previous week's drop and comes after Prime Minister Narendra Modi's appeals to conserve forex.
The data may include details of foreign bank accounts, investment accounts, certain financial investments, interest income, dividends and other specified financial income held by Indian tax residents abroad.
A Delhi court acquitted five men accused in a 2018 dacoity-cum-murder case at a Corporation Bank branch, citing the prosecution's failure to establish their involvement beyond a reasonable doubt. Key eyewitnesses and bank staff could not identify the accused during the trial.
The Indian government has informed the Lok Sabha that the income-tax return (ITR) e-filing portal is functioning in a 'largely stable and efficient manner' despite a significant increase in traffic during the peak filing season. However, it acknowledged transient technical issues and disclosed that contractual penalties have been imposed on Infosys for project delays and service-level agreement failures.
The Bankipur assembly bypoll is a high-stakes electoral debut for Jan Suraaj Party founder Prashant Kishor as he challenges the BJP in a constituency that has been a BJP stronghold for nearly two decades.
The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.
The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.
Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.
Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.
The Reserve Bank of India (RBI) has removed the prior approval requirement for non-bank entities to form tie-up arrangements for facilitating outward remittance services through banks in India, aiming to streamline the process and enhance efficiency.
The Central Bureau of Investigation (CBI) conducted searches at multiple locations in Chandigarh and Panchkula in connection with a Haryana bank scam case and seized financial records and digital evidence linked to the alleged fraud.
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
The Enforcement Directorate conducted searches in Kolkata as part of an investigation into alleged fund routing from TMC's bank accounts for purchasing an Embraer jet and an AgustaWestland helicopter. The probe suggests Rs 160 crore was transferred to Carewell Aviation, with Rs 112 crore used for aircraft. The ED suspects the arrangement was designed to camouflage the true purpose of transactions. This comes amidst frozen TMC bank accounts and ongoing internal party disputes.
Incessant overnight rainfall has triggered severe flash floods and landslides in Jammu and Kashmir's Poonch and Rajouri districts, resulting in at least eight fatalities and six people missing, prompting Chief Minister Omar Abdullah to cut short his Delhi visit to personally monitor the situation.
India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Amidst widespread student protests over the NEET paper leak, the Indian government has introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, in the Lok Sabha. The bill proposes significantly stricter punishments, including jail terms of up to 10 years and fines of up to Rs 50 lakh for individuals involved in paper leaks, and up to Rs 10 crore for organised crimes, aiming to enhance transparency and fairness in public examinations.
