The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.
Patan Police have busted a large-scale cyber fraud racket, arresting 14 individuals involved in illegal transactions worth Rs 398.43 crore through 13 'mule accounts'. The operation, dubbed "Operation Mule Hunt 2.0", uncovered a network linked to 228 inter-state cyber fraud complaints, where individuals were lured to open bank accounts used to channel proceeds of cyber crimes.
The internecine war within the Trinamool Congress took a new turn on Thursday with "party treasurer" Aroop Biswas writing to a bank seeking restrictions on the operation of the party's accounts, citing uncertainty over its legitimate leadership amid rebellions by MLAs and MPs.
rediffGURU Ulhas Joshi answers your mutual fund queries.
West Bengal minister Dilip Ghosh attended a fish festival, refuting claims that the BJP would restrict fish and meat consumption if it won the assembly elections. He accused former Chief Minister Mamata Banerjee of spreading false narratives during the campaign.
In south-eastern Kolkata's Patuli, hundreds of residents gathered outside the local police station to protest against Councillor Bappaditya Dasgupta, who was arrested on Saturday evening, on charges, including extortion, criminal trespass, criminal intimidation and attempted arson.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
The Trinamool Congress (TMC) has dismissed "baseless" rumours of a possible merger with the Congress, despite recent meetings between TMC supremo Mamata Banerjee and Congress leaders Sonia Gandhi and Rahul Gandhi, which occurred amidst significant internal rebellion within the TMC following its recent electoral defeat in West Bengal.
India defeated West Indies by 26 runs in their first Women's T20 World Cup warm-up match. Bharti Fulmali's unbeaten 56 and strong bowling performances from Shreyanka Patil and Radha Yadav secured the victory, despite a batting collapse by the West Indies.
The Supreme Court has granted bail to Shubham Saxena, accused of siphoning off Rs 22 crore from a real estate company, primarily due to his prolonged pre-trial detention of over four and a half years. This decision overturns a Delhi High Court ruling that had denied bail citing the gravity of the economic offence.
Former cricketer Reema Malhotra believes the Indian women's cricket team is a strong contender to win the upcoming ICC Women's T20 World Cup, largely because of its strong spin bowling resources.
The Consumer Affairs Ministry is developing machine-readable SMART standards using AI to reduce industry compliance burden. This initiative aims to modernise India's standards ecosystem, with the Bureau of Indian Standards transitioning from a regulator to a facilitator, promoting private sector testing and faster processes.
Former Rajya Sabha MP and TMC leader Santanu Sen resigned as the party's national spokesperson, citing the R G Kar rape and murder case controversy and the recent election defeat as reasons for his decision. His resignation highlights the internal dissent and organisational challenges facing the TMC.
Barely days after losing control of its legislature party in the West Bengal assembly, the Trinamool Congress is now staring at an even bigger political nightmare -- the possibility of the rebellion spreading to its parliamentary ranks.
Held during the Beating Retreat ceremony at JCP Stadium, the event was titled Jai Ho -- A Musical Salute to the Bravehearts and came ahead of the release of filmmaker Imtiaz Ali's new film Main Vaapas Aaunga, a cross border drama which features music by Rahman.
Veteran Rajya Sabha MP Sukhendu Sekhar Roy has suggested that the rebellion within the Trinamool Congress (TMC)'s legislative wing could extend to its Members of Parliament, following an unprecedented revolt by MLAs and the party's recent electoral defeat in West Bengal.
Senior Trinamool Congress MP Kalyan Banerjee has issued an ultimatum to party chief Mamata Banerjee, asking her to choose between him and her nephew Abhishek Banerjee, whom he blames for the party's recent turmoil. This comes as the TMC faces significant internal strife, including multiple Rajya Sabha MP resignations and claims of widespread defection among MLAs and MPs.
The ICC Women's T20 World Cup 2026 is set to bring together the world's top teams for a month of fast-paced, high-stakes cricket, as they compete for the biggest prize in the shortest format of the game.
Two outgoing West Bengal ministers, Sujit Bose and Rathin Ghosh, under scrutiny in a recruitment scam case, did not appear before the Enforcement Directorate (ED) as scheduled, citing health and post-election duties.
Leader of Opposition Ritabrata Banerjee claims 64 dissident TMC MLAs have submitted their names to the Speaker, constituting over two-thirds of the party's Assembly strength, and has called for a floor test to verify their claims of support amidst a widening split within the Trinamool Congress.
BJP leaders Rajeev Chandrasekhar and B B Gopakumar have accused both the UDF and LDF governments of pushing Kerala into an economic crisis. They criticised the lack of solutions from the ruling fronts, highlighted the state's high public debt, and questioned the allocation of revenue for development versus salaries and pensions.
A police inspector with the Telangana Cyber Security Bureau has been arrested by the Anti-Corruption Bureau (ACB) for allegedly demanding and accepting a bribe to protect the family and friends of an individual booked in a cyber fraud case.
India and China held constructive talks on the situation along the Line of Actual Control (LAC) in eastern Ladakh, emphasising that maintaining border peace and tranquillity enabled progress in normalising overall relations.
The 10th edition of the ICC Women's T20 World Cup, starting on June 12 in England, offers several exciting possibilities. Take a look at the contenders and challengers.
Chennai Super Kings (CSK) face another setback in IPL 2026 as all-rounder Ramakrishna Ghosh is ruled out for the season due to a foot fracture sustained during his debut match against Mumbai Indians.
Over Rs one lakh in currency notes damaged by termites was recovered from two suitcases in a college union room in Central Kolkata, prompting a police probe.
India's build-up for the Women's T20 World Cup suffered a setback after hosts England came from behind to clinch the three-match T20I series 2-1.
Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.
A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.
The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.
The dramatic development marked the culmination of a revolt that began with allegations of forged signatures on a letter proposing a Leader of Opposition and snowballed into an open challenge to the party leadership following the TMC's defeat at the hands of the BJP in the assembly elections.
A CID team visited the Trinamool Congress (TMC)'s central office in Kolkata as part of an investigation into alleged forged signatures of MLAs. The controversy, which involves a proposal for the Leader of Opposition, has triggered an unprecedented split within the party, with a rebel faction electing its own leader. TMC leaders prevented the CID from entering the premises, citing the absence of national general secretary Abhishek Banerjee.
Police in Sambhal, Uttar Pradesh, have registered a case against a postal assistant after suspicious transactions worth approximately Rs 4.5 crore were allegedly detected in his bank accounts.
The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.
Chennai Super Kings have signed South African all-rounder Dian Forrester as a replacement for the injured Jamie Overton for the remainder of the Indian Premier League.
Mayor Firhad Hakim has distanced himself from notices issued by the Kolkata Municipal Corporation (KMC) to properties allegedly linked to TMC leader Abhishek Banerjee, asserting that such matters are handled by the civic body's executive wing.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
The BJP experienced a mixed bag of results in the West Bengal Assembly elections, with several heavyweight candidates securing victories while others faced defeat. Key wins included Dilip Ghosh, Suvendu Adhikari, and others, but some prominent faces failed to win.
Karisma Kapoor makes a powerful return to the screen in Brown, a compelling series, applauds Deepa Gahlot.
Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.
