The Supreme Court has agreed to examine Sebi's challenge to a Securities Appellate Tribunal (SAT) decision that cleared Wadia Group Chairman Nusli Wadia, Bombay Dyeing, and others of allegations of fraudulent financial reporting.
Taxpayers must provide more details to support deduction and exemption claims.
India was on Friday accorded the vice presidency of the Financial Action Task Force (FATF), the global body that sets standards for combating money laundering and terrorist financing, for the first time.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn as escalating tensions in West Asia led to a sharp surge in crude oil prices, coupled with fresh foreign fund outflows and a weakening rupee.
Thousands of protesters, including children, students, and the elderly, gathered in central Delhi for the Cockroach Janta Party's 'Chalo Sansad' march towards Parliament. The protest, coinciding with the Monsoon Session, led to clashes with police, who used tear gas and lathi-charge, resulting in injuries to both sides and suspension of internet services. Despite police action and barricades, protesters repeatedly attempted to reach Parliament, leading to a day-long standoff.
Non-banking financial companies (NBFCs) in India saw their overall credit growth accelerate to 14.2 per cent year-on-year in May, primarily driven by significant increases in loans against gold jewellery and commercial real estate, according to recent Reserve Bank of India (RBI) data.
The most financially successful borrowers will not necessarily be those who have the easiest access to credit. They will be the ones who understand how to manage it wisely
After four consecutive months of outflows, foreign portfolio investors (FPIs) have turned net buyers in Indian equities in July, investing over Rs 15,157 crore, driven by improving domestic macroeconomic indicators, a stable rupee, and better global risk sentiment.
'I don't see fear becoming a dominant factor for retail investors.'
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.
Businesses across sectors are positioning themselves to capitalise on the expected surge in demand.
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.
A Kargil War Hero looks back at the victory of Tiger Hill and the men who didn't return.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by softer-than-expected US inflation data which has reinforced expectations of a less aggressive monetary policy stance from the Federal Reserve, providing relief to global risk assets.
The Supreme Court on Thursday refused to consider a batch of contempt petitions alleging that demolitions were carried out in violation of its 2024 judgment and asked aggrieved parties to approach the high courts concerned.
Air India, IndiGo, and Air India Express are temporarily reducing their domestic flights due to surging jet fuel prices and lower travel demand. The airlines are cutting flights by 10 to 22 per cent in the coming months.
The data may include details of foreign bank accounts, investment accounts, certain financial investments, interest income, dividends and other specified financial income held by Indian tax residents abroad.
The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.
Avoid builders with very large commitments.
'Control your A, B, C and D.' 'A is A1C, keep your A1C below 7 per cent.' 'B is blood pressure, so keep your blood pressure at 130/ 80 or at least below 140/ 90.' 'C is cholesterol. The bad cholesterol is the LDL cholesterol, and it should be kept below 100, preferably below 70 or 50.' 'D is discipline like diet, exercise, sleep, no smoking, etc.' 'People with diabetes who follow A, B, C and D can live up to even 100 years of age without any complications.'
India's foreign policy establishment is adjusting with alacrity in real time -- an extraordinary spectacle in itself, considering the manifest reluctance to indulge in public diplomacy critical of American moves, observes Ambassador M K Bhadrakumar.
Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.
Prime Minister Narendra Modi has been conferred with Indonesia's highest honour, the 'Bintang Adipurna of the Republic of Indonesia' medal, by President Prabowo Subianto, recognising his leadership in strengthening bilateral relations and furthering Indonesia's unity, continuity, and prosperity.
Millions of people, including international representatives, are expected to attend the funeral of Iran's Supreme Leader Ayatollah Ali Khamenei in Tehran. His death occurred at the start of the US-Israel war on Iran. US President Donald Trump announced a week-long pause in bombing for the funeral, while India was represented by Governor Syed Ata Hasnain and MoS External Affairs Pabitra Margherita. The event is anticipated to be one of the largest gatherings in Iran's history, with ceremonies delayed due to security concerns.
Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.
Selected students will receive a grant of up to Rs 12,000 to cover their academic expenses.
Three Air India narrowbody aircraft at Delhi's Indira Gandhi International Airport were damaged when ground support equipment, moved by sudden strong winds and rain, collided with them. All three planes were taken out of operation, with two expected to return soon.
Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.
Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.
Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.
Haryana showcased its wrestling prowess by sweeping all three overall team titles men's freestyle, Greco-Roman, and women's wrestling at the U-23 National Wrestling Championships held in Rohtak. The host state secured top honours with significant points, while Services Sports Control Board and Maharashtra also performed strongly, with individual athletes from various states claiming gold medals across different weight categories.
India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.
India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month low of 56.5 to 59.0 in February, indicating a sharp rate of expansion.
US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.
Heavy monsoon rains have severely impacted Mumbai and its surrounding areas, leading to landslides, suspension of train services, and at least 13 fatalities over the past few days. The Mumbai-Pune Expressway was also shut due to a concrete pillar collapse and waterlogging.
Former India captain Bhaichung Bhutia believes Lionel Messi needs to win the 2026 World Cup to truly equal Diego Maradona's legendary status, despite Messi's 2022 triumph. Bhutia rates Maradona higher due to his single-handed 1986 World Cup victory, while also tipping Spain as slight favourites over Argentina in the upcoming final.
Heavy rainfall has caused severe waterlogging across Mumbai, disrupting traffic and daily life. The India Meteorological Department issued a red alert for Mumbai and surrounding districts, advising precautions. Specific areas recorded over 200 mm of rainfall, and the IMD forecasts continued heavy rains for the Konkan region, Goa, South Gujarat, Odisha, and Central India.
Five people, including two school students, have died after a local train struck a pool car at an open level crossing in West Bengal's Murshidabad district. The gateman has been arrested, and a railway permanent way inspector suspended for alleged dereliction of duty.
