The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours.
Jio Financial Services Ltd and Zomato Ltd will enter the National Stock Exchange's benchmark Nifty 50 index from March 28. As per the revisions, Bharat Petroleum Corporation Ltd. (BPCL) and Britannia Industries Ltd will be excluded from the index, according to a release from NSE Indices.
'We have carried out a big search operation on a big name in this industry.'
Glimpses from India and around the world that will make you smile and cry.
'It is a process that takes a certain amount of time and needs to be done keeping legal modalities in mind.'
Sensex sinks 573 pts on global tensions and high crude prices
The Russian, 28, whacked his racket into the net five times as his frustration boiled over during his opening victory against Thai wildcard Kasidit Samrej on Tuesday.
From the Sensex firms, Tata Motors, Titan, Eternal, Power Grid, Tata Steel, Larsen & Toubro, Mahindra & Mahindra and Hindustan Unilever were among the biggest laggards. Bajaj Finserv, Asian Paints and Tech Mahindra were the gainers.
Police personnel in Maharashtra's Beed district will now put up their name plates without surnames, in an attempt to eliminate caste-based discrimination. This follows an earlier directive by the Superintendent of Police (SP) Navneet Kanwat in January to address each other by their first name, and not surname. The move comes in the wake of the murder of a village sarpanch, allegedly by members of a dominant community, which had a caste angle. The new policy is being implemented across police stations and offices in the district, with nearly 100 name plates distributed so far.
The Securities and Exchange Board of India (Sebi) has approved a proposal from a startup to test fractional shares in its innovation sandbox, marking a potential shift in the Indian equity landscape. This represents a change in stance from 2021, when Sebi rejected a similar proposal in the regulatory sandbox, primarily due to concerns over the custody of fractional shares.
The Women in Blue did more than just win a trophy -- they proved that hard work, and believing in themselves, can turn failure into success.
South Africa continued their rampaging form in World Cup 2023 as they thrashed Bangladesh by 149 runs to jump to second place.
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
NDRF deploys cadaver dogs and rescue teams to flood-ravaged Dharali village in Uttarkashi, Uttarakhand, to search for survivors. ITBP evacuates pilgrims from Gangotri.
Francis Mascarenhas/Reuters captures scenes of villagers fetching water from the Vaitarna river, which flows from Trimbakeshwar to Palghar, and is also a source of water for Mumbai city.
ICICI Bank delivered satisfactory results in the second quarter of 2025-26 (Q2FY26), sustaining return on assets (RoA) of around 2.3-2.4 per cent and improving asset quality. Provisions declined 26 per cent year-on-year (Y-o-Y) and 50 per cent quarter-on-quarter (Q-o-Q).
Hint: She's closely related to the bride, Radhika Merchant.
From the Sensex firms, Infosys declined by 3.54 per cent. Power Grid, Eternal, HCL Tech, Tata Consultancy Services, Bharti Airtel, IndusInd Bank, NTPC and HDFC Bank were the major laggards. Sun Pharma, Adani Ports, Bajaj Finance, State Bank of India and Tech Mahindra were the gainers.
New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.
RBI cuts GDP growth projection to 6.6 per cent for current financial year, from earlier forecast of 7.2 per cent.
Among Sensex firms, Bharat Electronics rose the most by 4.26 per cent. HCL Tech gained 2.57 per cent, Bajaj Finance by 2.19 per cent, TCS by 1.99 per cent, Tech Mahindra by 1.88 per cent and Infosys by 1.85 per cent. Gains in Axis Bank and State Bank of India also supported the rally. However, Mahindra & Mahindra emerged as the biggest loser, falling by 2.47 per cent. Maruti dropped 1.53 per cent and Tata Motors by nearly 1 per cent due to profit-taking. UltraTech, Eternal and Power Grid were also among the laggards.
Police in Maharashtra's Beed district have registered a case against five persons after a purported video showing them attacking a man with a cricket bat surfaced on social media. The video, which appears to be from Bawi village, shows one Sachin Bhosale and four unidentified individuals beating a man with a cricket bat. Authorities are investigating the incident to identify the victim and ascertain the cause of the attack. The five individuals have been charged with causing hurt and using dangerous weapons.
From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, UltraTech Cement, Hindustan Unilever, Sun Pharma, Tata Consultancy Services, ITC and Asian Paints were among the biggest laggards. NTPC, Zomato, Tech Mahindra, Power Grid, Kotak Mahindra Bank and HCL Tech were among the gainers.
Hady Habib is the first man representing Lebanon to win a singles main draw match at a Grand Slam in the professional era.
Glimpses from India and around the world that will make you smile and cry.
Wicket-keeper Jonny Bairstow confident of England recall with T20 WC in sight.
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.
Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
Images from the ICC World Cup match between Afghanistan and Australia, at the Wankhede stadium in Mumbai, on Tuesday.
Reserve Bank on Tuesday cautioned public against "deepfake" videos of the governor being circulated on social media that claim the launch of or support to some investment schemes by the central bank. In a statement, the RBI cautioned public on "deepfake videos of Top Management" circulated over social media giving financial advice.
Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.
PVR INOX plans to shut down 70 non-performing screens.
JM Financial on Friday said the Reserve Bank of India has lifted restrictions imposed on its subsidiary JM Financial Products Ltd with regard to financing against shares and debentures. "We wish to inform you that the RBI, vide its letter dated October 18, 2024, has lifted the restrictions imposed by it on the company (JM Financial Products Ltd) through its order dated March 5, 2024," JM Financial said in a regulatory filing.
'The statistical confidence bands of the fan charts of the forecasts will provide a better sense of the potential variability of outcomes.'
Monty Panesar claimed India's pace spearhead Jasprit Bumrah will be a big threat for England's batters.
Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers.
On Thursday morning, Tata's mortal remains left the hospital in an ambulance. Here are the images:
De Kock combined with Markram (60) in a 131-run stand to steady the innings before he and Heinrich Klaasen tore apart the Bangladesh attack plundering 142 runs from 87 balls.
Rajinikanth's Jailor released in theatres to much frenzy among his fans.
The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.
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