Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
A roadside eatery in Muzaffarnagar, India, was vandalized by a group of Kanwariyas after they allegedly found onions in their food. The owners are now facing financial ruin.
From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.
The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.
A 20-year-old BTech student in Barabanki allegedly committed suicide, accusing his girlfriend and her family of blackmail and extortion in a video shared on social media. The family claims the girl's family had previously filed a harassment complaint and extorted money from them.
The Reserve Bank of India (RBI) has started winding down its short position in the dollar forward book, after a gap of seven months, on the back of a softening dollar, while infusing funds via open market operations (OMOs) to counter the resulting liquidity drain.
Robert Vadra, husband of Priyanka Gandhi Vadra, appeared before the Enforcement Directorate for questioning in connection with the Sanjay Bhandari money laundering case.
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Tariff-related uncertainties amid mixed global market trends also added to the pressure, analysts said. The 30-share BSE Sensex tanked 689.81 points or 0.83 per cent to settle at 82,500.47.
Decisive action has replaced dossiers and the new India can go to any extent to uproot terrorism, Defence Minister Rajnath Singh said on Monday while stating that Operation Sindoor was on pause as the armed forces had achieved the desired objectives.
A mother and daughter in Punjab are accused of defrauding men by promising marriage and emigration to Canada. The mother allegedly used her daughter's photos and videos to lure victims, collecting large sums of money with false promises of a wedding and relocation.
US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.
Double Olympic-medallist Neeraj Chopra showed his generous and compassionate side, surprising a fan with an all-expense paid trip to watch the Neeraj Chopra Classic, to be held in Bengaluru next week.
In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
The Congress party launched a scathing attack on the central government regarding the Pahalgam terror attack and Operation Sindoor, demanding accountability from Home Minister Amit Shah and clarification on the number of Indian jets downed during the operation.
'I don't see 88 per dollar now.'
'We need to be very vigilant as we are passing through some fraught times.'
A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.
'That way you're not hostage just to US sort of exports to India.'
Low-level lightweight radars; very short-range air defence systems (launchers and missiles); remotely piloted aerial vehicles; loitering munitions, including vertical take-off and landing systems; different kinds of drones; bullet-proof vests; ballistic helmets; quick-reaction fighting vehicles -- heavy and medium; and night sights for rifles (aiming devices that are visible in low light).
Overwhelmed by the loss of his youngest son in the 1990s, Fauja Singh found solace in running with a local club in Essex after moving out of India following the death of his wife and daughter.
'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'
By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.
State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.
Launching a fresh attack on HDFC Bank MD and CEO Sashidhar Jagdishan, Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Monday said the trust or its permanent trustee Prashant Kishor Mehta has no outstanding dues to the private bank. It has never borrowed a single rupee from the bank nor they are connected to the borrowing company (Splendour Gems Ltd) in question whatsoever, LKMM said in a statement.
Maharashtra Chief Minister Devendra Fadnavis on Wednesday said the incident of Shiv Sena MLA Sanjay Gaikwad slapping an employee of a canteen at the MLAs' hostel in Mumbai sends out a wrong message about all legislators that they indulge in misuse of power.
Congress MLA Nana Patole was suspended from the Maharashtra assembly for a day on Tuesday after he climbed the speaker's podium, demanding action against Bharatiya Janata Party MLA Babanrao Lonikar and Agriculture Minister Manikrao Kokate for allegedly 'insulting' farmers.
'The players can criticise my cricket ball. Can I criticise them for the bad shot or the bad ball? Long hop. You know what I mean? You've got to be sensible.'
Former Delhi deputy chief minister Manish Sisodia was on Friday questioned for over three hours by the Anti-Corruption Branch (ACB) in an alleged graft case related to the construction of classrooms in government schools here, officials said.
Valuations at current levels have historically corresponded single-digit returns.
The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said. The meeting was chaired by Commerce Secretary Sunil Barthwal.
It further said that the owners, master and crew of the vessel handled the ship in a negligent manner despite being aware of the dangerous cargo it was carrying.
In a little-known episode from the Emergency era, former prime minister Indira Gandhi quietly donated a significant sum of Rs 90,000 for treatment of her fiercest critic, Jayaprakash Narayan, the leader of the nationwide anti-Emergency movement.
So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.
'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'
The Pakistan Cricket Board (PCB) has claimed to have earned three billion rupees by hosting the ICC Champions Trophy, exceeding its target of two billion rupees.
The Pakistan Super League (PSL) next year is set to clash with the high-profile Indian Super League as the Pakistan Cricket Board (PCB) is mulling to hold the event in the same window as the IPL.
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