Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.
India's toll collection growth is projected to moderate to 5-7 per cent year-on-year in FY27, a 150-200 basis points reduction, primarily due to the economic impact of the West Asia conflict and a slowdown in commercial traffic, according to Crisil Ratings.
India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.
A Trinamool Congress councillor of the Kolkata Municipal Corporation was arrested on Tuesday on charges of extortion, cheating, and allegedly collecting kickbacks from beneficiaries of various projects.
A five-year-old girl died after allegedly falling from a toy train at Mandore Garden in Jodhpur. The girl sustained fatal injuries after being run over by one of the train's wheels. Police are investigating the incident.
Police in Ghaziabad, Uttar Pradesh, have registered FIRs against two madrasas for allegedly operating illegally without proper registration or approval from the Minority Welfare Department. The action follows the sealing of these institutions in the Khoda area and is linked to the recent murder of a 17-year-old, Surya Chauhan, whose alleged killer was later killed in a police encounter. Three individuals have been named in the FIRs, with one madrasa specifically cited for lacking various essential certificates.
Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.
Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.
Meerut police have solved the case of a missing 17-year-old girl, arresting a 42-year-old man who allegedly murdered her over a monetary dispute and disposed of her body in a drain.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
A rare albino buffalo nicknamed 'Donald Trump' due to its distinctive hairstyle has been sold in Bangladesh ahead of Eid al-Adha, capturing widespread attention on social media and local news.
Six police encounter in five days in Bihar, the first such action to deal with criminals in decades.
The Economic Offences Wing (EOW) of Odisha Police has arrested another person from Bhubaneswar for his alleged involvement in a bank loan fraud case worth Rs 6.88 crore.
The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.
The Enforcement Directorate conducted raids across Maharashtra and Gujarat as part of a money laundering investigation against Mohammad Salim Dola, an alleged drug trafficker associated with the Dawood Ibrahim gang.
The ICC has approved trialling the use of pink balls in Test matches to maximise play in bad light, along with allowing coaches on the field during drinks breaks. Cricket Canada has been suspended due to breaches of membership obligations.
A man accused in the lynching of GRP constable Soumya Ranjan Swain was arrested in Bhubaneswar, bringing the total arrests in the case to 17. The constable was allegedly beaten to death by a mob on May 7 after being accused of attempted rape.
rediffGURU T S Khurana answers readers' personal income tax queries
Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.
The US Department of Homeland Security has clarified that not all immigrants seeking green cards will be required to return to their home country to make such applications, partially walking back a previous announcement.
Royal Challengers Bengaluru's director of cricket, Mo Bobat, discusses the importance of strategic team building at the IPL auction and the team's focus on skill and character in player selection.
Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.
The US government on Friday issued a new policy memo tightening rules for foreign nationals on temporary visas seeking permanent residency, stating that persons wanting a Green Card must return to their home country to apply, except in "extraordinary circumstances".
A 17-year-old tourist from Sonbhadra died after an alleged scuffle with private security guards at the Namo Ghat in Varanasi. Police have detained four people in connection with the incident and are reviewing CCTV footage.
Authorities in Ghaziabad intensified verification drives and sealed three unrecognised madrassas in the Khoda area following the murder of a 17-year-old boy. The incident has led to heightened security measures and political reactions.
Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.
'Customers do not recover the original making charges paid on old jewellery. Sentimental value is lost when heirlooms are exchanged.'
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
The Indian Under-20 men's team has been drawn into Group B alongside Uzbekistan, Syria, and Bangladesh for the AFC U-20 Asian Cup China 2027 Qualifiers, scheduled to take place in Tashkent from August 25 to September 6.
'Shivakumar's relationship with the BJP and the RSS is not adversarial in the way Siddaramaiah's has been.' 'Siddaramaiah has publicly attacked the RSS on record; Shivakumar has made no such statement at any point.' 'He vociferously defended the Karnataka government's celebration of Ram temple consecration with RSS-ish arguments.'
Initially appointed on an interim basis to replace Ruben Amorim, the former United midfielder, Michael Carrick has exceeded expectations and transformed the mood around Old Trafford, with the club's players backing him for the job.
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.
India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.
West Bengal minister Agnimitra Paul defended the detailed application form for the Annapurna Yojana scheme, stating it ensures benefits reach only Indian citizens. She also announced stringent waste-related penalties and a 'Swachh App' to improve urban cleanliness.
Police in Jhansi have arrested four individuals involved in an online betting racket during Indian Premier League (IPL) matches, seizing transaction records worth approximately Rs 1.5 crore and uncovering cryptocurrency links.
The Wrestling Federation of India (WFI) has appealed to the Supreme Court against a Delhi High Court order that permitted wrestler Vinesh Phogat to participate in the selection trials for the 2026 Asian Games.
West Bengal Chief Minister Suvendu Adhikari denies political vendetta in the signature forgery probe involving TMC MP Abhishek Banerjee, stating the investigation stems from complaints by TMC MLAs.
India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.
Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.
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