Students and families must stress test repayment capacity based on Indian salary standards.
The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.
Indian benchmark indices Sensex and Nifty rebounded in early trade, tracking a recovery in global equity markets and an easing of hostilities between Israel and Iran, after a sharp fall in the previous session.
A devastating fire at a bed-and-breakfast in South Delhi's Malviya Nagar has killed at least 21 people, including foreign nationals. Eyewitnesses describe heroic efforts by local residents who broke windows, used blankets, and spread mattresses to help patrons escape the inferno, with some jumping from upper floors.
Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
The Directorate of Revenue Intelligence (DRI) has dismantled a gold smuggling syndicate at Mumbai's international airport, seizing 2.6 kg of gold in wax form, valued at approximately Rs 4.20 crore.
Indian benchmark equity indices Sensex and Nifty closed higher, recovering from previous losses, driven by a global market rebound, a pause in Israel-Iran hostilities, and a rally in bank stocks.
India on Friday reiterated that it follows a structured bilateral mechanism for the deportation of illegal Bangladeshi nationals and expressed hope that pending nationality verification requests with Dhaka would be expedited, amid fresh allegations by Bangladesh that the Border Security Force (BSF) was attempting to push people across the border.
Bengaluru police have arrested eight individuals, including a foreign national, for allegedly selling drugs in the city. The operation resulted in the seizure of drugs, vehicles, and other items worth Rs 27.42 crores.
A devastating fire at a bed and breakfast hotel in Malviya Nagar, South Delhi, has claimed 21 lives, including foreign nationals. The incident has brought intense scrutiny to the densely packed area, a popular hub for patients seeking affordable accommodation near Max Hospital, raising serious concerns about fire safety compliance and building norms in such establishments.
The Directorate of Revenue Intelligence (DRI) has dismantled a major gold-smuggling syndicate at Chhatrapati Shivaji Maharaj International Airport, seizing 3.2 kg of gold worth Rs 5 crore. Seven individuals, including Bangladeshi and Sri Lankan nationals and three airport staff, have been arrested in connection with "Operation Golden Nexus."
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
Venezuela's Interim President Delcy Rodriguez is in New Delhi on her sixth visit to India.
US President Donald Trump has amplified a highly surreal, artificial intelligence-generated music video across his social media network, showcasing an array of fantastical digital avatars that depict him as a globally revered icon.
India's foreign exchange reserves saw a significant drop of USD 7.511 billion, settling at USD 681.384 billion for the week ending May 22, as the Reserve Bank of India intervened in the forex market due to rupee pressure and the lingering effects of the Middle East conflict.
Jay Mishra, a key accused and associate of the owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court. Mishra is implicated in the hotel's operations and lack of security, with the police probe widening to examine his and the owner's roles in the tragedy.
Punjab Police have dismantled a significant cross-border illegal arms, drugs, and hawala network, apprehending four individuals and two juveniles, including an Afghan national. The operation led to the recovery of heroin, pistols, cartridges, and drug money, with investigations ongoing to identify further links.
The Delhi High Court has quashed cases registered by the Delhi Police and the Enforcement Directorate against news portal NewsClick and its editor-in-chief Prabir Purkayastha, citing that the continuation of the FIR was 'a gross abuse of the process of law' and the investment was an economic decision that 'did not spell out any criminal offence'.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
A Chinese official stated that India and China should view each other as cooperative partners and opportunities for development, not rivals or threats. This statement came in response to Russian President Vladimir Putin's comments on the independent and strong ties Russia maintains with both nations, emphasising non-interference in India-China relations.
India has strongly protested to the United States after three merchant ships with Indian crew members were attacked by the American military off the coast of Oman, resulting in the deaths of three Indian nationals.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.
The US Central Command (CENTCOM) confirmed striking the Guinea-Bissau-flagged oil tanker MT Jalveer, carrying 20 Indian seafarers, in the Gulf of Oman for allegedly violating the US blockade against Iran. This incident marks the third commercial vessel attacked by US forces in the region this week, with three Indian seafarers previously losing their lives in an attack on the MT Settebello.
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.
A grenade attack at a private hospital in Punjab's Gurdaspur district resulted in damage to the emergency ward, but no injuries. Police swiftly arrested a suspect with links to a foreign-based handler, and an investigation is underway to uncover the entire network behind the attack.
Indian equity benchmark indices Sensex and Nifty declined in early trade, driven by persistent concerns over the unresolved US-Iran situation and continued outflows from foreign institutional investors.
Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed to have targeted and destroyed hangars of F-35 fighter jets and struck 21 American air and naval bases across West Asia and the Gulf region, including the US Army's command and control centre at the Al-Azraq base in Jordan and the US Fifth Fleet headquarters in Bahrain.
A fire in a five-storey residential building in southeast Delhi's Govindpuri area resulted in three fatalities and two critical injuries. Eight people were rescued, and an electrical short circuit is suspected as the cause.
Jay Mishra, a key accused and associate of the hotel owner in the south Delhi hotel fire that killed 22 people, has surrendered to a court and been remanded to police custody. Mishra is believed to have played a crucial role in the hotel's operations, and his arrest is a significant development in the ongoing investigation into the tragic blaze.
A devastating fire at a hotel in Malviya Nagar, New Delhi, resulted in the deaths of at least 21 people, including six foreigners. Investigations reveal severe fire safety violations, such as sealed windows, non-functional sensor gates, overcrowding, and the absence of a fire No Objection Certificate, which turned the building into a death trap.
A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.
US Secretary of State Marco Rubio met with Pakistan's Foreign Minister Ishaq Dar amid American demand that countries mediating the peace talks with Iran join the Abraham Accords and establish diplomatic and economic ties with Israel.
Uttarakhand Chief Minister Pushkar Singh Dhami has intervened in the arrest of Keshav Negi, a cook, in connection with the recent Malviya Nagar hotel fire in south Delhi that killed 21 people. Dhami spoke with Delhi Chief Minister Rekha Gupta, who assured a fair probe, while the Uttarakhand Congress condemned the arrest, questioning the basis of holding a cook responsible for fire safety.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism, linking India's UPI with Nepal's NPI. This system allows real-time money transfers via mobile banking, enhancing convenience for travellers and businesses, fostering financial inclusion, and strengthening economic ties between the two nations.
In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.
Gurugram police are initiating a special verification drive to identify and deport Bangladeshi migrants residing unlawfully in the city. The campaign will involve inspections across various areas, and residents are encouraged to report illegal foreign nationals and ensure police verification for tenants and employees, with authorities prioritising national security.
'We caught General Pervez Musharraf talking over the phone with his Chief of General Staff Lieutenant General Mohammad Aziz. Musharraf was visiting China; Aziz was in Rawalpindi.'
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