Self-styled godman Ashok Kharat, already jailed for alleged rape and fraud, has been arrested by the Enforcement Directorate in connection with a Rs 70-crore money laundering case. The arrest follows court approval and is part of an ongoing investigation into a large-scale extortion racket.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.
But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.
Suryakumar Yadav and Shubman Gill are missing from the list of probables for the Asian Games, while Vaibhav Sooryavanshi has been included in the 30-member squad submitted by the BCCI to the IOA.
Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.
Delhi Police have dismantled a cyber fraud operation that used a fake online investment platform to deceive victims, leading to the arrest of three individuals involved in the scheme.
Teenaged high jump star Pooja Singh shattered the national senior record en route winning the gold medal to lead a strong Indian show on the second day of the Asian U20 Athletics Championships here on Friday.
India's current account deficit rose sharply in the quarter ended June 30 to $13.7 billion, from $4.5 billion a year ago, due to lower invisible surplus and growth in imports outpacing exports.
A former district judge, accused of driving her daughter-in-law to suicide, claims her life is in danger as she and her son are remanded to judicial custody. She alleges assault by the victim's family lawyer and a media trial.
India's fertiliser subsidy bill is projected to increase by approximately 70,000 crore, reaching around 2.41 trillion in FY27, primarily due to rising import costs exacerbated by the ongoing West Asia crisis.
Teenaged high jump star Pooja Singh broke the national senior record en route to winning the gold medal at the Asian U20 Athletics Championships. The 19-year-old cleared 1.93m, bettering Sahana Kumari's 14-year-old record. India secured seven medals, including four gold, on the second day of the competition.
Congress leader Shashi Tharoor criticised the proposal to increase the Lok Sabha's strength to 850, while BJP leaders defended delimitation as a democratic necessity at the Stanford India Conference 2026.
The current account deficit was estimated at $1.04 billion in January-March. In addition, the surplus on capital account shrunk to $12.96 billion in April-June this year from $17.50 billion in the corresponding period last year due to stock market volatility and lower capital inflows. Net capital inflows fell 23.70 per cent to $13.2 billion during the first quarter this year as foreign institutional investors withdrew $5.18 billion from the country during the first quarter.
The Reserve Bank of India (RBI) has reported a significant increase in the use of the Indian Rupee (INR) for import and export invoicing and settlement, highlighting its growing internationalisation and mutual benefits for trading partners.
Akali Dal MLA Ganieve Kaur Majithia says her husband Bikram Singh Majithia will pursue his case through the courts and has not fled the country, despite allegations and a lookout circular.
The Securities and Exchange Board of India (Sebi) has proposed a new framework to manage strike prices for options contracts, aiming to ensure continuous availability of suitable contracts even during sharp intraday market swings. This move addresses concerns that extreme price movements can leave traders without appropriate options for hedging or positioning.
NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.
It rose to 5.3 per cent of GDP in the second quarter.
India's current account deficit hit a record high 4.8 per cent of gross domestic product in the fiscal year that ended in March
The United States military and Kuwaiti air defence forces successfully intercepted multiple Iranian ballistic missile and drone attacks targeting Kuwait and Bahrain, with Iran's state broadcaster claiming American military installations in Kuwait were deliberately targeted.
Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.
Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.
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Preliminary balance of payments data published on Monday showed that the current account deficit fell to $5.2 billion in the July-September quarter of 2013-14, or 1.2 per cent of gross domestic product.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.
A team from the Jharkhand State Legal Services Authority (JHALSA) is investigating allegations of sexual exploitation of a woman inmate at Birsa Munda Central Jail. The investigation was prompted by claims of abuse, pregnancy, and forced abortion, leading to calls for strict action and a high-level probe.
The Kerala High Court acquitted the first accused in the 2018 Attappadi Madhu lynching case, where a tribal youth was killed by a mob. The court also partly allowed the state's appeal and enhanced the punishment for the 16th accused.
The Maharashtra government has suspended Deputy Collector Abhijit Bhande-Patil for his alleged links with self-styled godman Ashok Kharat, who was arrested in March on rape and financial irregularity charges.
India's current account deficit widened to $6.1 billion and the trade deficit increased to $18.5 billion even as exports surged by 17 per cent in the first quarter of the current fiscal.
The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.
A new study suggests that using basalt rock instead of limestone in cement production could significantly reduce carbon dioxide emissions, offering a pathway to a greener construction industry.
Analysts predict that developments in West Asia and their impact on crude oil prices will heavily influence investor sentiment in the upcoming week. Global market trends, foreign investor activity, and rupee-dollar movement will also play a role.
Uttarakhand STF and Dehradun Police busted an international online betting syndicate and arrested five accused allegedly involved in facilitating betting on IPL matches.
The trade deficit stood at $10.14 billion compared with $9.22 billion in November, a trade ministry official said on Friday.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
Let's take a look at how countries are placed when it comes to current account deficit.
Seven women, including two wives of an accused peon, have been arrested in connection with an alleged embezzlement of Rs 5.5 crore from the District Inspector of Schools office in Pilibhit, officials said on Saturday.
The Odisha Gymnastics Association is under investigation for allegedly using the name of its deceased president to secure funds from the state government. A complaint questions the association's governance and financial practices, including the sanctioning of funds from multiple agencies for the same event.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
