He is expected to be produced before a special Prevention of Money Laundering Act court on Saturday where the ED will seek his remand for custodial interrogation.
Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.
The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek.
'It is imprudent on the part of Indian insurance companies to invest out of the shareholders' fund in a private limited company.'
'Health and motor insurance will continue to be our two most important segments'
Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.
India and China have held their first diplomatic talks since withdrawing troops from two face-off points in eastern Ladakh, reflecting on the lessons learned from the border row to prevent future incidents. The two sides agreed to maintain peace and tranquillity in border areas, prepare for the next meeting of Special Representatives on the boundary question, and highlighted the importance of regular exchanges and contacts at diplomatic and military levels. The talks come after the completion of the disengagement process from the last two friction points, following an agreement finalized in October 2022.
Prof Anantha Chandrakasan has been named Massachusetts Institute of Technology's new provost, the first Indian-American to serve in this leadership role.
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
The students, including members of Bangladesh Scouts, were seen controlling the traffic movement at several places, the Dhaka Tribune newspaper reported.
Forty-one Border Road Organisation labourers working to clear snow near the high altitude border village of Mana in Uttarakhand's Chamoli district were trapped under an avalanche on Friday.
'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'
Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania as chairman & managing director for a term of five years effective from July 1, 2024, along with his proposed remuneration. "The shareholders of the company at their Annual General Meeting (AGM) held today (June 27) have approved the re-appointment of Singhania. "The AGM commenced at 3 pm and concluded at 4:05 pm," Raymond Ltd said in a regulatory filing.
The Boxing Federation of India (BFI) has rejected former Sports Minister Anurag Thakur's nomination for the upcoming elections, citing his ineligibility.
Quick commerce (Qcom) platforms are bringing upon a rapid change in the behaviours of online shoppers, with 31 per cent of buyers relying on the fast delivery option for grocery needs, according to a new study.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'
Moody's Ratings on Tuesday projected general government debt to stabilise above 80 per cent of GDP over the next three years, down from 89.3 per cent in 2020-21. "General government interest payments to fall to around 24 per cent of general government revenue over the next two years from over 28 per cent in fiscal 2020-21, although this remains much higher than the median 8.7 per cent recorded by Baa-rated peers," Moody's Ratings associate managing director Gene Fang said in a post-Budget reaction.
Punjab Police have arrested five people, including the mastermind, in connection with recent grenade attacks on police stations in the state. The terror module is allegedly backed by the banned Babbar Khalsa International (BKI) and Pakistan's Inter-Services Intelligence (ISI). The arrests come after a series of grenade attacks on police stations in Punjab, with the BKI claiming responsibility for some of the attacks. The police are continuing to investigate the incidents and are expecting more arrests.
ELSS investments require a long-term commitment of at least seven years.
Steel maker JSW Steel's Q3 results, announced on January 24, 2025, after market hours, failed to meet Street expectations. The company reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24.
The war game held under the leadership of the Director General of the Ministry of Transportation and Road Safety, Moshe Ben Zaken, was attended by the Deputy Minister of Transportation, Rabbi Uri Makleb, the management of the National Authority for Public Transportation, representatives of the Home Front Command, chairmen and CEOs of all the public transportation companies, during which a photo was shown.
Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.
With November 22, 23 and 24 being among the most auspicious dates for marriage this year, hotels across the country are all booked, as are wedding-related ancillary services.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
No author in the Malayalam literary canon has influenced and profoundly changed the way normal people interact with each other than the ever-relevant, eclectic yet elusive body of work left behind by MT Vasudevan Nair, notes Arjun Menon.
Adityanath asked the chief secretary and the director general of police to conduct a thorough review of the Maha Kumbh Mela arrangements on Thursday. "Every aspect related to security and public convenience must be carefully examined to ensure seamless arrangements for Basant Panchami," he said.
An inquiry committee will be formed to probe the derailment of 25 wagons of a freight train near Vrindavan in Mathura district, a senior official said on Thursday.
The accused were allegedly trying to flee to Nepal, which shares a border with Bahraich district in Uttar Pradesh, the officer said.
The fear of losing purchasing power due to inflation and low-interest rates has led many to explore safe alternatives to fixed deposits with high returns
Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.
The share of investments held by the top 10 investors across smallcap mutual fund schemes has been on a decline, falling to a 14-month low in March 2025, shows an analysis of data from the Association of Mutual Funds in India (Amfi). The median smallcap scheme has 2.03 per cent of its investments coming from the top 10 investors, compared to 2.43 per cent a year ago.
Security forces in Jammu and Kashmir resumed an anti-terrorist operation in Kathua district, a day after a deadly encounter killed three terrorists and three policemen. Seven others were injured in the gunbattle. The operation began on Thursday morning after a group of suspected Jaish-e-Mohammad terrorists infiltrated from across the International Border. While the bodies of three terrorists were found, the fate of two others remains unknown. The operation, centered near Jakhole village, saw intense clashes involving police, army, and CRPF forces.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
The Supreme Court of India has ordered a status quo on a private well located near the entrance of the Sambhal Jama Masjid, prohibiting any action regarding the well without its permission. The order came in response to a plea by the mosque's management committee, which challenged a lower court order that allowed a survey of the mosque, citing concerns over violence and loss of life during previous surveys. The court also instructed the authorities to file a status report within two weeks.
'I enjoyed my fiery exchanges with Akshay Kumar, who was extremely gracious and generous when the camera was not rolling. I enjoyed locking horns with him in court.'
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) has surprised the street with a better than expected performance in its oil-to-chemicals (O2C) division in October-December 2024 (Q3FY25). RIL executives attributed it to favourable feedstock sourcing and higher volumes. However, they also listed cost optimisation and other measures.
'MNCs now recognise India's capacity for innovation and its pivotal role in substantive contributions to global product development.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances