Pakistan on Friday said that the X account of its ministry of economic affairs was hacked and an appeal was posted on it for more international loans to meet the 'heavy losses' caused by the current tensions with India.
Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.
Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.
Bharti Airtel and Tata Group have terminated discussions for a merger of their direct-to-home (DTH) business, according to a Bombay Stock Exchange (BSE) filing on Saturday.
United States President Donald Trump has expressed strong disapproval of Israel and Iran 'violating the ceasefire' he announced earlier in the day and said the two countries have been fighting 'so long and so hard that they don't know what the f*** they're doing'.
Amidst growing panic over Trump's ban on Harvard's international student enrolment, overseas education consultants have this advice for Indian students.
The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).
Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.
While six of them have been held from Punjab, five were nabbed from neighbouring Haryana, and one from Uttar Pradesh.
The security forces are on high alert after Tuesday's terror attack in Pahalgam left 26 people, mostly tourists, dead.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.
The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.
'The chief minister believes the poorest of the poor have the first right on government resources.'
The Securities and Exchange Board of India (Sebi), in a circular dated April 11, 2025, warned investors about rising fraud and manipulation linked to the securities market on social media platforms.
Pakistan's Ministry of Economic Affairs X account was hacked and a fake appeal was posted, calling for more international loans to help defuse tensions with India following the Pahalgam terror attack. The post urged the international community to help de-escalate the situation and requested more loans to address "heavy losses" caused by the tensions. The hacking incident occurred during a crucial meeting of the IMF executive board to decide on the next installment of a USD 7 billion loan for Pakistan.
'China has thus far been cautious, emphasising its focus on development rather than weaponising water resources.'
India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.
Jaish-e-Mohammad chief Maulana Masood Azhar has acknowledged that 10 members of his family and four close associates were killed in India's missile attack on the outfit's headquarters in Bahawalpur. The statement attributed to Azhar said those killed included his elder sister and her husband, a nephew and his wife, another niece, and five children from his extended family. The attack also claimed the lives of one of Azhar's close associates and his mother, along with two other close companions.
Markets regulator Sebi has launched a centralised database portal for corporate bonds in a bid to create a single, authentic source of information on such securities. The portal -- Bond Central-- has been developed by Online Bond Platform Providers Association (OBPP Association) in collaboration with Market Infrastructure Institutions (MIIs) comprising stock exchanges and depositories.
Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.
'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'
India has secured international support in its fight against terrorism, with Russia, Japan, and the United Arab Emirates expressing solidarity and a commitment to working together to combat the threat. This follows a recent terrorist attack in Pahalgam, India, which claimed 26 lives. Multi-party parliamentary delegations from India briefed the leaderships of these countries on Operation Sindoor, India's response to the attack, and discussed ways to enhance cooperation in counter-terrorism and combating radicalism. These developments highlight the growing global consensus against terrorism and the importance of international collaboration to address this shared challenge.
Dravida Munnetra Kazhagam's Lok Sabha MP Dayanidhi Maran has accused his brother Kalanithi Maran of "financial crimes," and asked him to restore the entire shareholding position of Sun TV and related companies to their original state or face legal and regulatory action.
Four students, including an Indian, at Michigan public universities have filed a lawsuit against the US Department of Homeland Security (DHS) and immigration officials, alleging their student immigration status was unlawfully terminated. The lawsuit claims the students' status in the Student and Exchange Visitor Information System (SEVIS) was illegally terminated without proper notice or explanation. The American Civil Liberties Union (ACLU) of Michigan, representing the students, says they were targeted by the Trump administration without a valid reason. The lawsuit seeks to reinstate the students' status to allow them to complete their studies and avoid the risk of detention and deportation. The case is part of a growing trend of lawsuits against the Trump administration's immigration crackdown on higher education. Experts warn that these actions could deter future international scholars from choosing the US as their academic destination, undermining the reputation of US universities.
A Bob Dylan biopic, Mohanlal's vendetta, super serious Suriya and more on OTT this week.
Indian students at Harvard, on condition of anonymity, shared their concerns and experiences of the last few months during which the prestigious university has seen relentless attacks by the Trump administration.
The Enforcement Directorate (ED) has said that while certain documents and furniture have been burnt in a fire at its Mumbai office, there is no impediment to probes or trials as files are also stored digitally. The fire broke out on Sunday at the mezzanine floor of the ED's Mumbai Zonal Office-I, located in the Kaiser-I-Hind building. The agency said that the fire was caused by a short circuit and that the office is now operational from a different location. The ED is also in the process of establishing a standalone office space in Mumbai.
The Enforcement Directorate on Thursday continued its searches at places linked to Karnataka Home Minister G Parameshwara as part of the probe into alleged gold smuggling-linked money laundering case against Kannada actress Ranya Rao and others, official sources said.
The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.
In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India.
The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.
Six members of a family were found dead inside a car parked in Haryana's Panchkula, while one more died on the way to a hospital, police said on Tuesday, suspecting a suicide pact. Police are investigating the incident from all angles.
'Increasingly, they treat gold as a financial asset in their portfolio rather than just as jewellery.'
A soldier of the special forces of the army was killed in an encounter between security forces and terrorists following a search operation in Jammu and Kashmir's Udhampur district on Thursday, officials said. The firing took place in the Dudu-Basantgarh area during a cordon and search operation that was launched based on information about the presence of terrorists. The deceased soldier has been identified as Havaldar Jhantu Ali Sheikh of 6 Para of the Special Forces. The operation was still underway when the last reports came in from the spot, they added. Four suspects were also picked up for the area for questioning. This is the third encounter between terrorists and security forces in Jammu in the past over 24 hours.
'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'
The Government Law College, Mumbai, is inviting applications for its one year part-time Diploma Course in Securities Laws 2025-26.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
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