It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.
Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.
A 35-year-old bank employee in Delhi has been arrested for allegedly facilitating a cyber fraud racket by opening a bank account using forged documents. The employee misused his position to help fraudsters siphon off money through a fake account, which was part of a larger scheme involving fake investment offers on social media.
'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'
Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.
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.
Madhya Pradesh Congress MLA Rajendra Bharti has been disqualified from the state legislative assembly after being convicted in a bank fraud case involving the tampering of bank records to secure illegal interest payments.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
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.
Haryana's Chief Minister Nayab Singh Saini reviewed the progress of the Haryana AI Development Programme (HAIDP), a Rs 474-crore initiative developed with the World Bank, focusing on AI skilling, startup incubation, and ethical AI governance.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
Satluj is a chilling reminder of what happens when a state is allowed to become judge, jury and executioner, asserts Sreeju Sudhakaran.
Argentina and England are set to clash in a World Cup semi-final, marking their first such encounter, a match deeply rooted in decades of historical and footballing rivalry, including infamous incidents involving Antonio Rattin, Diego Maradona's 'Hand of God' goal, and the Falklands War.
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
Indian benchmark indices Sensex and Nifty rebounded in early trade, recovering from previous losses, driven by softening crude oil prices and renewed buying interest in blue-chip stocks. Analysts note that the fall in Brent crude below USD 77 has removed significant macro headwinds for India, contributing to market stability.
Union Home Minister Amit Shah criticised Shiv Sena (UBT) chief Uddhav Thackeray, accusing him of aligning with Congress to use infiltrators as a vote bank. Shah asserted that India is not a "dharmashala" and vowed to expel all infiltrators. He also commented on the impending split within the Sena (UBT), stating that Eknath Shinde now leads the only true Shiv Sena.
India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.
A 20-year-old hotel receptionist in Delhi has been arrested for allegedly stealing a guest's mobile phone and fraudulently transferring Rs 1.10 lakh from his bank account using IMPS transactions. Police have recovered the stolen phone and frozen a significant portion of the stolen amount.
'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
Foreign investors have largely been exiting one part of the market while domestic investors have been enthusiastically accumulating another, points out Debashis Basu.
The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.
...exceeding their 49,340 crore equity selloff.
Gujarat's Gir Somnath police have busted a massive cyber fraud racket involving over Rs 310 crore in suspicious transactions through mule bank accounts, arresting five individuals. This operation, part of the state-wide "Operation Mule Hunt 2.0," is considered the district's largest cybercrime case to date, aiming to recover victims' money and curb illegal account rentals.
Kylian Mbappe and Ousmane Dembele shared a warm embrace in France training ahead of the FIFA World Cup quarter-final against Morocco, easing rumours of tension as Les Bleus chase another semi-final appearance.
A private bank official has been arrested in Haryana in connection with a 150 crore discrepancy in the accounts of Panchkula Municipal Corporation.
Indian stock market benchmark indices Sensex and Nifty rebounded in early trade, driven by a decline in crude oil prices, supportive global cues, fresh foreign fund inflows, and buying in blue-chips like Reliance Industries and HDFC Bank. Track Sensex, Nifty movement on June 22, 2026.
The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.
Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.
S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.
Loans against gold jewellery in India surged by an impressive 128 per cent year-on-year to nearly 4.28 trillion in February 2026, according to the latest Reserve Bank of India (RBI) data, significantly outpacing overall retail loan growth.
The move is to strengthen oversight, improve compliance, and boost patient confidence.
HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.
Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.
