The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.
'After announcing that she will return to Bangladesh, if she does not, her credibility will suffer.'
Who is running the show in Dhaka? This kind of flip-flop, culminating in a last-minute decision to skip a maiden visit, can happen only when the remote is in the hands of one of the competing lobbies within the BNP -- one that appears determined to play a game of chess with India.
Buying a mature rocket technology gives companies the designs and hardware know-how, but not necessarily the decades of engineering wisdom needed to make it work.
India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.
Former Bangladesh cricket captain Shakib Al Hasan's ancestral home was attacked with petrol bombs and smashed windows after he participated in an online media interaction where ousted Prime Minister Sheikh Hasina vowed to return to Bangladesh despite facing a death sentence.
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
India's national security adviser was in Dhaka for roughly three-quarters of the day on Thursday to prepare the ground for Bangladesh Prime Minister Tarique Rahman's visit to New Delhi.
Kerala's state-run Bevco has reported record liquor sales during the first eight days of the Onam festive season, reaching Rs 771.29 crore, surpassing last year's figures. Officials anticipate this year's total sales will exceed the Rs 826.38 crore recorded in 2025, despite a slight dip in Uthradam day sales compared to the previous year.
World leaders have expressed their relief and condemnation following a shooting incident at the White House Correspondents' Dinner, emphasising that political violence has no place in a democracy.
World leaders have expressed relief and condemnation following a shooting incident outside the White House Correspondents' Dinner, where US President Donald Trump and other top officials were present. Leaders from various countries reiterated that political violence has no place in a democracy.
India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.
The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
The All India Football Federation (AIFF) has imposed a national ban on Churchill Brothers FC Goa for player registration, following a directive from the FIFA Disciplinary Committee due to unpaid dues to English forward Kurtis Owen Guthrie. The Goan club, however, claims the matter has been resolved with full payment made and a request sent to FIFA to lift the ban.
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
There is no answer to the question of how IN-SPACe invited EOIs for ISRO's mature rockets and whether it was based on any government policy decision.
Dinesh Trivedi's success or failure in this fragile diplomatic equilibrium will have consequences extending well beyond the Indian high commission in Dhaka. It will shape India's eastern strategic environment for years to come.
India's position appears to be anchored around three red lines: Hasina's safety and the guarantee of a fair trial; assurances that Bangladeshi territory will not be used for activities hostile to India; and the restoration of an inclusive democratic process in Bangladesh.
'Being the defending champions certainly gives us confidence, but every Olympiad is a new event and starts from scratch.'
It is about proving that the agency can still deliver when the stakes are high.
More than half of the bills introduced in the 18th Lok Sabha have been passed by both Houses in the same session, a significant acceleration compared to previous terms, raising concerns about the time available for legislative scrutiny and stakeholder consultations.
India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
India's outward foreign direct investment (FDI) plummeted by 47.9 per cent year-on-year to $3 billion in June 2026, according to the Reserve Bank of India (RBI), with declines across equity, debt, and guarantee commitments.
Supreme Court Justice V Mohana has recused herself from hearing the anticipatory bail plea of DMK leader V Senthil Balaji in a new corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC). The plea, seeking pre-arrest bail, was filed after the Madras High Court dismissed Balaji's petition. The case involves a systematic cash-kickback scheme and overcharging at TASMAC retail shops.
Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.
ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.
Why the industry's public position changed is difficult to say. What the developments did establish, though, is that ethanol-blended petrol has become one of the country's most politically and commercially sensitive policy issues.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).
India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.
Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.
Monthly gold imports have declined to 25-30 tonnes from 70-80 tonnes while recycling of old jewellery has increased following the recent hike in import duties.
The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.
One of the most important provisions this year is that qualifying NEET-PG does not automatically guarantee participation in counselling.
