Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
Bethlehem Kudumba Unit offers a delightful and charming cinematic experience, blending trademark humour with a sweet, unconventional love story, gushes Sreeju Sudhakaran.
Shiromani Akali Dal chief Sukhbir Singh Badal underwent a 90-minute surgery for a 'kirpan' attack injury sustained inside a gurdwara in Nanded and is now stable, with doctors repairing a tendon and ulnar artery nerve.
In a highly sensitive and time-bound mission, a live donor heart was successfully transported aboard a Vande Bharat train from Surat to Ahmedabad on Friday for transplantation at a prominent cardiac teaching hospital in Gujarat's commercial capital.
Researching Japan was like going down a rabbit hole. There is just so much to see and do, but I finally decided we would stick to the 'Golden Route' of Tokyo, Osaka and Kyoto, notes Radhika Mittal.
A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.
The Supreme Court has directed the Centre to submit an affidavit detailing the steps taken to implement the recommendations of the Radhakrishnan panel and the Nandan Nilekani committee for institutionalising reforms in the National Testing Agency (NTA) and improving NEET exam processes.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
Ophthalmologist Dr Ravindra Mohan explains the potential risks of prolonged screen exposure and how excessive screen use in the dark can affect your eyes.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
'There is no college that can guarantee a Rs 14 lakh per annum (LPA) package,' clarifies rediffGURU Chocko Valliappa.
Procter & Gamble has announced the appointment of its India-born President and CEO, Shailesh Jejurikar, as the Chairman, effective August 1, 2026. He will succeed Jon Moeller, who is set to retire. Jejurikar, an IIM Lucknow alumnus, has been with P&G since 1989 and has held various senior leadership roles.
DIIs invested $22.8 billion in Indian equities in Q2CY26.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
ServiceNow Vice Chairman Nick Tzitzon highlights India's potential to develop an AI-native government model, emphasising enhanced public services, data privacy, and economic growth.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
Thousands of job aspirants in Jharkhand clashed with police during a protest against alleged exam irregularities, demanding a CBI probe and comprehensive reforms in the state's public service commissions.
The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
A consumer disputes commission in Mumbai has directed National Insurance Company Ltd to pay a liquor wholesaler over 1.2 crore for stock ruined during the 2017 Mumbai floods, deeming the claim rejection 'arbitrary and unreasonable'.
Former Jammu and Kashmir Chief Minister Farooq Abdullah surprised attendees at the Professional Golf Tour of India (PGTI) tournament in Srinagar by spontaneously singing the iconic Lata Mangeshkar song "Lag ja gale". His impromptu performance drew significant applause. Later, Abdullah addressed the audience, commending golfers and urging youth to work hard and avoid alcohol to achieve sporting excellence. He also mentioned government support for improving the Royal Springs Golf Course.
Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), emphasised the importance of young or Gen Z voices leading dialogues with youth, ahead of RSS chief Mohan Bhagwat's interaction with students in Mumbai. Dipke highlighted that youth protests, including those against the NEET paper leak, have compelled leaders to engage with Gen Z. He also expressed solidarity with students protesting alleged paper leaks in Jharkhand, criticising the government's handling of the issue.
BCCI secretary Devajit Saikia is set to meet Head Of Cricket VVS Laxman to review the rehabilitation management programme at the Centre of Excellence (COE) following a spate of injuries to key Indian players. The meeting aims to address concerns regarding player fitness and the effectiveness of the COE's injury management protocols.
India launched 'Suryapath Tiranga', a unique initiative involving over 50 Indian missions globally, to digitally relay images of the tricolour across multiple time zones, starting from Fiji, to mark the country's 80th Independence Day.
Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.
Nationalist Citizens Party of India leader Abu Taher attended a breakfast meeting hosted by Prime Minister Narendra Modi for NDA allies but asserted that his party is not part of the ruling alliance. He stated his attendance was solely to raise public issues directly with the Prime Minister.
BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.
A diabetic can safely enjoy occasional sweets if their overall blood sugar control is good and the portion is small, advises rediffGURU Komal Jethmalani, a nutritionist with nearly three decades of experience.
Punjab Kings' Nehal Wadhera said head coach Ricky Ponting personally approached him and offered reassurance at a time when his confidence was affected by his lack of runs during IPL 2026.
Abhijeet Dipke, convenor of the Cockroach Janta Party (CJP), has initiated the 'School Thik Karo' campaign from his native village in Hingoli, Maharashtra, to address the alleged neglect of government schools and advocate for a fee cap on private educational institutions.
Be aware of a set of costs that never appears on a college's fee page. They sit as clauses near the end of the state counselling body's prospectus and, in many states, not even there, warns Ashok Hegde, founder, neet2seat.
'The anger among the PoK public is unlikely to subside against Pakistani State in the near future.'
Consultant-Clinical Dietitian Sabah Ghare recommends why you must include seasonal fruits like jamun along with colourful veggies in your monsoon diet.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''
Lieutenant General Syed Aamir Raza's loyalty to Field Marshal Asim Munir during the turbulent times appears to have stood him in good stead, points out Rana Banerji, who headed the Pakistan desk at R&AW.
