Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.
Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).
Delhi Police have arrested Abas Khan, the alleged kingpin of a sextortion racket, from Rajasthan's Mewat region for allegedly duping a 21-year-old man of Rs 2.52 lakh through a fake video call and blackmail.
The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.
Delhi Police have arrested a man from Rajasthan for allegedly running an online shopping fraud racket, cheating people through fake social media advertisements offering discounted branded suits and sarees.
Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.
The CBI has taken custody of five individuals arrested in connection with the NEET-UG exam leak and apprehended two more suspects. The agency is investigating the potential involvement of insiders within the National Testing Agency (NTA). Protests continue across the country, demanding accountability and reforms in the examination process.
Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.
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.
A man impersonating an aide of Congress leader Rahul Gandhi has been arrested in Dehradun for allegedly swindling crores of rupees from ticket-seekers in multiple states.
The Supreme Court has expressed serious concerns about the rise in digital fraud, particularly digital arrest scams, and has directed the central government to develop a standard operating procedure to combat these crimes.
India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.
Cactus Technology Solutions Private Limited has been empanelled by the National e-Governance Division (NeGD) to provide AI and machine learning expertise for government-led digital initiatives.
Kanpur Police have dismantled a sophisticated cyber fraud syndicate, arresting eight individuals, including five bank officials, for facilitating mule accounts and hawala transactions worth Rs 125 crore.
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
Dr Dinesh Amalnerkar, president of the Maharashtra Academy of Sciences, has emphasised the need for Maharashtra to strengthen its semiconductor research and manufacturing ecosystem to compete with states like Gujarat and Telangana.
It said that when a retiree, who withdraws amounts in the range of Rs 10,000 or Rs 20,000, suddenly withdraws huge amounts, then the bank should issue an alert.
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.
The Unique Identification Authority of India (UIDAI) has announced that nearly 100 entities have been onboarded as offline verification seeking entities (OVSEs), marking a significant step in enabling secure, consent-based, and paperless verification through the Aadhaar offline mechanism.
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.
Alia Bhatt's first daytime appearance at the Cannes Film Festival 2026 instantly became one of her best red carpet moments ever as she walked in a soft, dreamy hand-painted gown inspired by the French Riviera.
Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.
Police in Belagavi, Karnataka, have arrested the operator of Shivam Associates, accused of running a multi-crore Ponzi scheme that promised high returns to depositors. The case has been registered under the BUDS Act and KPID Act, and will be transferred to the CID for further investigation.
Financial Services Secretary M Nagaraju has urged banks to adopt the MuleHunter AI tool developed by RBI to identify and prevent mule accounts used in cyber financial frauds. The meeting also discussed 'Operation Octopus' by Hyderabad Police and emphasised coordinated efforts and intelligence sharing.
Dehradun Police and the STF have arrested another person allegedly involved in the daylight killing of Jharkhand gangster Vikram Sharma three months ago.
Delhi Police have arrested two individuals for allegedly defrauding a man of approximately Rs 4.35 lakh in an online gas bill booking scam. The victim was tricked into installing a malicious mobile application that allowed the fraudsters to siphon off funds.
Police in Jharkhand's Chatra district have arrested a man for allegedly killing his brother after a heated argument. The accused initially tried to make the death appear accidental, but confessed after interrogation.
Godrej Consumer Products Ltd (GCPL) delivered a robust Q4FY26 performance, with steady demand in India and signs of stabilisation in international markets, despite persistent inflationary pressures. The company expects to maintain profitability in FY27 through strategic cost management and pricing adjustments.
Police in Karnataka have arrested an individual running a firm accused of operating a multi-crore deposit scam, attracting investments with promises of high returns. The case involves Shivaanand S Neelanavar and his firm Shivam Associates, also known as Acumen, who allegedly failed to return money to depositors after promising a 36 per cent annual return.
Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
The Advertising Standards Council of India (ASCI) has released draft guidelines for responsible labelling of synthetically generated Artificial Intelligence (AI) content in advertising, proposing a risk-based framework to ensure transparency and protect consumers.
Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.
A 39-year-old driver in Delhi, employed by a family for 15 years, has been arrested for allegedly exploiting an elderly Alzheimer's patient and siphoning off Rs 2.57 lakh through unauthorised UPI transactions.
Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.
Delhi Police have arrested five individuals from Uttarakhand's Udham Singh Nagar for their involvement in an interstate cyber fraud racket. The syndicate supplied mule bank accounts to cyber criminals, routing cheated money from online investment and task-based scams.
Kriti's glam, Rashmika's goof-up, and Shahid's banter. The trio made the song launch event for Cocktail 2 so much fun.
A 20-year-old man was arrested for allegedly posing as an employee of a digital payment platform and duping shopkeepers in East Delhi by claiming to check defective sound boxes.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances