Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.
The Nationalist Citizens Party of India (NCPI), previously obscure, has gained national attention after 20 rebel TMC MPs merged with it. The Tripura-based party now claims to be the largest parliamentary bloc from West Bengal, holding 20 Lok Sabha seats. Its registered address in Howrah is linked to a couple running an NGO, and a founder member has expressed support for PM Modi and a desire to join the NDA.
The India Meteorological Department forecasts the southwest monsoon to arrive in Kerala in the next two to three days, slightly delayed from the typical June 1 start. The department also predicts below-normal rainfall for the season due to emerging El Nino conditions.
The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.
The Indian government has amended the Foreign Contribution Regulation Act (FCRA) rules, introducing stricter regulations for NGOs receiving foreign funds. Key changes include mandatory selection of predefined purposes and areas of operation, restrictions on foreign nationals as key functionaries, and explicit exclusion of proselytisation from certain faith-based activities. The amendments also introduce minimum spending limits, enhanced financial accountability, and increased transparency requirements, including social media disclosure and ultimate donor identification.
Two men have been arrested in Tumakuru, Karnataka, for allegedly conspiring with a Pakistan-based individual via social media to carry out activities detrimental to India's national security, including planning a murder and blasts. The Intelligence Bureau had been monitoring the suspects.
Authorised push payment frauds have emerged as a growing challenge globally as scammers increasingly rely on social engineering techniques to persuade users to transfer money voluntarily, making recovery more difficult even when transactions are authenticated.
Former India goalkeeper PR Sreejesh has publicly criticised Hockey India's decision to remove him as junior men's team coach after 17 months, questioning the preference for foreign coaches. Hockey India has rejected Sreejesh's claims, stating his contract ended as scheduled and a new coach was selected through a formal process.
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.
Former India goalkeeper PR Sreejesh has publicly criticised Hockey India for removing him from his role as junior men's team coach after just 17 months, questioning the organisation's preference for foreign coaches. Hockey India has rejected Sreejesh's claims, stating that his contract ended as scheduled and a new coach was selected through a formal process.
Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."
The Supreme Court has criticised RTI activism, calling it a "new business," while denying anticipatory bail to an activist accused of obstructing road construction work and intimidating public servants in Punjab.
'We should expect extreme heat, extreme rains, floods, landslides and maybe cyclones. Not just this year, in the coming year as well.'
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
The Centre on Monday informed the Supreme Court that the Central Board of Secondary Examination has come up with a new policy for the evaluation of private students, who were affected by the cancellation of Class XII board examination in Gulf countries due to the recent Iran-US war.
The NIA has declared former TMC MLA Saokat Molla absconding in connection with the Bhangar blast case in West Bengal, intensifying searches and alerting border agencies to prevent his escape. Three arrests have been made in the case, with Molla identified as a prime suspect.
Two men have been arrested in Tumakuru, Karnataka, for allegedly conspiring with a Pakistan-based individual via social media to carry out activities detrimental to India's national security, including planning a murder and blasts. The Intelligence Bureau had been monitoring the suspects.
Indian states significantly increased their reliance on market borrowings to finance gross fiscal deficits in 2025-26, with the share of market borrowings rising to 76.3 per cent, even as the weighted average cut-off yield on State Government Securities (SGS) and spreads over central government securities also increased.
A fresh plea has been filed before the Supreme Court challenging a Madhya Pradesh High Court order, which said that the disputed Bhojshala complex in Dhar district was a temple dedicated to Goddess Saraswati.
Producer and former Central Board of Film Certification chairman Pahlaj Nihalani was known for backing several commercially successful entertainers and his controversial tenure at the CBFC.
Chief Economic Advisor V Anantha Nageswaran highlights the challenges of digital access, data governance, interoperability, and cyber security in India's digital public infrastructure (DPI), despite its world-class scale.
The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.
rediffGURU Nayagam PP, career counsellor and founder of EduJob360 explains why cracking the UPSC exam is a dream for lakhs of young Indians.
Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.
The government has appointed Lieutenant General NS Raja Subramani (Retd) as the next Chief of Defence Staff (CDS), who shall also function as the secretary to the government of India, department of military affairs, with effect from the date of assumption of charge and until further orders.
Eighteen of India's 28 states exceeded the fiscal deficit ceiling of 3 per cent of GSDP in FY25, a deterioration comparable to the Covid year of 2020-21, according to the Comptroller and Auditor General (CAG). The report also noted a decline in states reporting a revenue surplus, with Bihar, Mizoram, and Telangana moving into deficit.
Nikhat Perveen, who is fondly called Chunchun by her family, was very emotional while writing this feature about her beloved father. As you read this Father's Day special, you will realise why.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
Lt Gen NS Raja Subramani (retd) has been appointed as India's next Chief of Defence Staff, succeeding Gen Anil Chauhan. Vice Admiral Krishna Swaminathan has been named the next Chief of the Naval Staff, succeeding Admiral Dinesh K Tripathi. Lt Gen Subramani's primary mandate will be to implement the military theaterisation plan and bolster tri-services synergy.
The Enforcement Directorate is investigating a large-scale cyber fraud operation involving 5,300 Indian SIM cards used from Cambodia by a Malaysian national-led gang, duping people of hundreds of crores. The probe follows raids in Rajasthan and Punjab, identifying 30 bank accounts linked to the fraud.
In a bid to wrest control of the Trinamool Congress, its rebel faction led by Leader of the Opposition Ritabrata Banerjee on Monday elected MLA Arup Roy as chairperson, marking the sharpest challenge yet to the authority of party founder Mamata Banerjee.
The Delhi High Court has upheld the Indian government's decision to temporarily restrict access to Telegram, citing the messaging app's capacity for 'automated dissemination' of large content, which could facilitate misinformation during the crucial NEET-UG retest.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
A 36-year-old man from Tamil Nadu was released by police in Meerut after an investigation found no evidence of criminal or anti-national activities. The man was initially detained after being found under suspicious circumstances.
TMC leader Jahangir Khan, a close aide to Abhishek Banerjee, was made to walk through areas of Falta as part of an investigation into the 2021 post-poll violence. Khan, currently in police custody, was arrested while allegedly trying to flee and is being investigated for his role in the alleged violence.
Congress general secretary Jairam Ramesh has alleged that the BJP's "real and ultimate target" in seeking a two-thirds majority in the Lok Sabha is to amend the Constitution to end reservation, rather than genuinely implement women's reservation.
The Central Board of Secondary Education (CBSE) has lodged a formal complaint with the Delhi Police regarding a series of coordinated cyber attacks targeting its post-result services portal. The board confirmed that all attacks were successfully mitigated, and no data breach or compromise of information was detected. The attacks aimed to destabilise the platform and potentially extract information, occurring amidst existing controversies for CBSE concerning alleged mismatches in Class 12 answer sheets.
The CBI successfully coordinated the repatriation of Ganesh Balaso Kale, a cybercrime suspect from Thailand, and Vainket Garg, wanted for murder and other offences, from Georgia, demonstrating effective international law enforcement cooperation.
