A fire broke out at ONGC's NQG oil platform off the Mumbai coast on Monday morning due to a ruptured gas cooler finger. The fire was brought under control by personnel from a nearby platform, with no injuries reported. Despite the incident, a company official confirmed that operations have not been impacted, preventing potential significant revenue losses from the crucial Mumbai High field.
A private school in Thane, Maharashtra, is embroiled in controversy for allegedly fining students Rs 50 for bringing home-cooked fenugreek (methi) vegetable during the Jain festival of Paryushan. The school reportedly also directed students to eat at its canteen, charging Rs 20, sparking outrage on social media and prompting a notice from the local education department.
An Australian public servant of Indian origin, Suyash Sinha, has been arrested and denied bail in Canberra for allegedly stalking a woman and threatening to use government databases to obtain information about her and her family. Sinha, who became an Australian citizen last week, is accused of continuing to harass the woman after she rejected his advances, even claiming he could access her family's details through government systems. The case has been adjourned to November 4.
The Reserve Bank of India's recent measures, including a dedicated dollar window for state-run oil marketing companies and tightened foreign exchange derivative rules, are expected to provide near-term relief to the rupee's depreciation, but market participants believe global factors and balance of payment dynamics will continue to exert pressure in the medium term.
The Chhattisgarh Economic Offence Wing/Anti-Corruption Bureau (EOW/ACB) has filed its 10th supplementary charge sheet in the alleged liquor scam, accusing 20 individuals, including former state Congress treasurer Ramgopal Agrawal, and 22 firms. The 27,000-page document details illegal liquor production, hawala transactions, and investment of illicit proceeds. The scam, estimated by the ED to be between 2019 and 2022, involved a complex network of illegal liquor sales, duplicate holograms, and routing of funds.
The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.
Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.
A country that makes the isotope sets the timetable for everyone who needs it.
Congress MLA Jignesh Mevani and three others have been booked in a second FIR for allegedly obstructing police, creating commotion at a police outpost, and violating the poll code during the Gandhinagar civic body elections. The charges include unlawful assembly and rioting, stemming from an incident where Mevani and supporters allegedly interfered with police questioning a man at a Sector-13 police outpost on October 9.
'India should not trade away its energy security for temporary tariff relief. Neither signing a trade agreement nor stopping Russian oil purchases can protect it from future US action.'
Google's Gemini reportedly hacked three companies in the first known breakout, after the model accessed the internet and breached external systems during an evaluation of its cybersecurity capabilities.
When it pretends to be deaf, a situation can snowball into something it cannot contain. The government cannot dismiss public anger merely because protests are inconvenient or politically embarrassing, asserts Ramesh Menon.
State-run Oil and Natural Gas Corporation (ONGC) has made a significant gas discovery in the deep waters of the Mahanadi Basin off the Odisha coast, recording encouraging flow and sustained reservoir pressure, a breakthrough for India's deepwater exploration programme.
'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'
'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'
'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.
The Maharashtra Public Health Department has issued a directive making healthy foods and beverages mandatory in all government canteens and official events. The order aims to reduce the consumption of ultra-processed foods and combat the rising incidence of non-communicable diseases by promoting a menu designed with ICMR-NIN and FSSAI guidelines.
The gas spread to nearby residential areas, triggering panic. Many people experienced coughing and difficulty in breathing, it said.
A Shiv Sena (UBT) corporator in Mumbai has alleged that Rs 20,000 was stolen from her purse inside the Brihanmumbai Municipal Corporation (BMC) headquarters during a standing committee meeting, raising concerns about security.
Mumbai Mayor Ritu Tawde has instructed the Brihanmumbai Municipal Corporation (BMC) to withdraw a controversial Rs 3 crore tender for upgradation works around her official heritage bungalow in Byculla. The tender, issued by the BMC's zoo department, faced strong objections from the opposition, particularly Shiv Sena (UBT), which alleged misuse of public funds. Tawde clarified that the works were for the surrounding area, not the bungalow itself, and cited the tender's mention of the Mayor's bungalow as the reason for its withdrawal.
A significant fire broke out in the basement of the seven-storey Income Tax Office building at Churchgate, South Mumbai, on Monday afternoon, leading to the evacuation of numerous individuals, with no casualties reported so far.
The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.
Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
The Lok Sabha introduced four significant bills on Monday, including amendments to mines and minerals regulations, the establishment of a National Tribunals Commission, and the renaming of Kerala to Keralam, all while facing continuous protests from opposition members demanding a discussion on the July 20 police crackdown on students.
Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
The Brihanmumbai Municipal Corporation (BMC) and other key Mumbai offices received email threats warning of explosions, prompting a major security alert and investigation by Mumbai Police. The emails allegedly referenced Khalistan and targeted the Mayor's office, CMO, and BSE building.
The Indian government has allocated an additional 2 million tonnes of surplus broken rice from FCI stocks for its ethanol blending programme, while simultaneously issuing a detailed rebuttal to widespread misinformation regarding the E20 fuel, addressing concerns from water consumption to engine damage and environmental impact.
West Bengal police have seized a staggering Rs 28.5 crore in cash and 15 kg of gold from the residence of absconding stone trader Tullu Mondal's manager and brother-in-law, Minar Mondal, in Birbhum district, leading to his arrest.
A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
Think chocolate is just for eating? Think again. Chocolate is also all about competitions too and breaking records.
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.
A committee investigating the fatal Chembur tree crash has recommended fines of Rs 5 lakh on the roadwork contractor and Rs 2 lakh on the supervising consultant. The panel found no prima facie fault with BMC's garden and roads departments but suggested implementing a Standard Operating Procedure for urban tree safety and appointing tree experts to oversee pruning work to prevent future incidents.
