Two men have been arrested in Delhi for allegedly defrauding a resident of Rs 2 lakh through a fake online trading scheme.
Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
'Why not aspire for 8 or 9 or even 10 per cent?'
Indian benchmark equity indices, Sensex and Nifty, rebounded nearly 1 per cent, with the Sensex jumping 790.54 points to 76,991.22, driven by softening crude oil prices and strong buying in banking, financial, and IT shares.
Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.
India and the US have reported positive progress in recent trade talks in Washington, agreeing to maintain engagement to finalise a bilateral trade agreement, which now requires recalibration following new US tariffs.
The Enforcement Directorate has successfully auctioned a seized Hawker 800A aircraft for Rs 3 crore. This action is part of an ongoing money laundering investigation into a Hyderabad-based company, Capital Protection Force Pvt. Ltd., accused of defrauding investors of Rs 792 crore through a Ponzi scheme. The proceeds from the auction will be used for restitution to genuine investors.
Indian benchmark indices, Sensex and Nifty, extended their rally for the fourth consecutive day, driven by a significant drop in crude oil prices and strong performance from IT firms, despite mixed global cues.
162 officials of the Trade and Taxes department in Delhi, including three assistant commissioners, were transferred after Delhi Chief Minister Rekha Gupta discovered 'serious irregularities' during a surprise visit.
Former DMK Minister Anitha R Radhakrishnan was arrested in Authoor after the Madras High Court rejected his anticipatory bail plea concerning defamatory remarks made against Chief Minister C Joseph Vijay. The arrest has sparked strong condemnation from DMK leaders, including M K Stalin and Kanimozhi, who allege political vendetta and question the urgency of the action amidst other unresolved issues.
US President Donald Trump lauded Prime Minister Narendra Modi's 'calm, cool, killer' persona at the G7 leaders' lunch in France, underscoring the deeply strategic relationship and formidable diplomatic skills of the Indian leader ahead of their crucial bilateral meeting.
Donald Trump says several issues were settled during the final day of talks with Xi Jinping covering trade, tariffs, and diplomacy.
Lucknow Super Giants are reportedly set to release captain Rishabh Pant, with the wicketkeeper-batter likely to return to his former franchise Delhi Capitals in a major IPL trade, ESPNcricinfo reported.
Jharkhand Assembly Speaker Rabindra Nath Mahato has called for the formulation of a more effective and stringent policy to curb cybercrimes, fraud, and digital scams. He highlighted the dual nature of artificial intelligence, which simplifies life but also presents serious challenges through misuse. Various experts and MLAs at a workshop emphasised the importance of cybersecurity education, personal digital responsibility, and empowering legislators to strengthen institutional resilience against cyber threats.
The Bombay High Court has quashed a year-long externment order against a political leader, ruling that involvement in agitations and protests against the government cannot be the sole basis for such orders. Justice Madhav Jamdar stated that externment for opposing government decisions affects fundamental rights, including freedom of speech and expression.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
Morocco's impressive rise in global football is uniquely funded by its vast phosphate reserves, with the state-owned OCP Group investing heavily in national team development. This strategic investment, driven by a royal directive, supports training academies and infrastructure, contributing to the nation's recent successes like reaching the 2022 World Cup semi-finals and hosting the 2025 Africa Cup of Nations. The country's abundant phosphate resources provide a stable economic base for these ambitious sporting endeavours.
Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and rising oil prices unnerved investors. The 30-share BSE Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37.
A recently finalised peace deal between the US and Iran, set to be signed on June 19, is expected to significantly benefit India's economy by boosting exports to West Asia, stabilising the rupee, and easing inflationary pressures, according to exporters and experts.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
Iranian President Masoud Pezeshkian is on a state visit to Pakistan to discuss the full implementation of an agreement signed between Iran and the US, alongside regional and international developments. The visit also aims to strengthen bilateral cooperation across various sectors, following recent high-level talks between the US and Iran in Switzerland regarding regional security.
Lucknow had signed Pant for a tournament-record $3.21 million in the player auction before the 2025 season and put the wicketkeeper-batsman in charge of the squad.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.
Shares of Reliance Industries climbed nearly 3 per cent after its digital unit, Jio Platforms, filed draft papers for what could become India's largest-ever initial public offering, with the offering potentially raising around Rs 37,700 crore (USD 4 billion).
In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.
Prime Minister Narendra Modi and US President Donald Trump exchanged pleasantries and held a brief conversation at the G7 summit, their first in-person encounter in 16 months, setting the stage for high-stakes bilateral talks amidst continuing strain in India-US relations.
India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.
US President Donald Trump lauded Prime Minister Narendra Modi as a "very tough negotiator" and hinted at a future visit to India during their meeting on the sidelines of the G7 Summit, where they discussed trade, defence, and the West Asia crisis.
An innovation roadmap, a mechanism to double annual bilateral trade within next five years, and a joint artificial intelligence framework were among 13 outcomes to emerge from wide-ranging talks between Prime Minister Narendra Modi and President Emmanuel Macron on Sunday.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a positive trend in global markets, cooling crude oil prices following a US-Iran peace deal, and fresh foreign fund inflows.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
Former Indian cricketer Yuvraj Singh is slated to become the batting coach for Delhi Capitals for the 2027 IPL season. This marks his first coaching assignment in the league, joining a revamped support staff under Sourav Ganguly, who will serve as Director of Cricket.
Indian stock markets, including the Sensex and Nifty, rebounded significantly, driven by a decline in crude oil prices and positive global cues stemming from hopes of diplomatic progress in US-Iran negotiations.
Alpha is a botched up opportunity, rues Sukanya Verma.
The MDMK general council, led by Vaiko, has announced its decision to withdraw from the DMK-led Secular Progressive Alliance. The party accused the DMK of attempting to prop up an AIADMK government, which they claim goes against the people's mandate and the alliance's secular ideology.
India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).
Trump lauded the defence relations between India and US and affirmed support precisely for the PM Modi-led nation during conflict situations.
A man was apprehended in Mumbai for distributing suspicious tablets during a procession. One person who consumed a pill experienced adverse symptoms like vomiting and discomfort, though they are now out of danger. Police have registered a case under Bharatiya Nyaya Sanhita section 123, and further investigation is ongoing.
