India's unemployment rate reached an 11-month high of 5.5 per cent in May, up from 5.2 per cent in April, according to the National Statistics Office, indicating a softening labour market as labour-force participation also eased.
Flows from overseas Indians into Non-Resident Indian (NRI) deposit schemes have fallen by 24.17 per cent to approximately $11.04 billion between April 2025 and February 2026, down from $14.56 billion in the previous year, according to Reserve Bank of India (RBI) data.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
Mumbai police arrested a social media influencer, Abu Jabir Hussain Gayasuddin Talukdar, for allegedly making derogatory remarks about a Hindu religious leader in his videos, following a complaint by a Bajrang Dal activist.
An EY India report suggests that banks must compete on customer experience and evolve physical branches into phygital advisory hubs. The report highlights the importance of anticipating customer needs and blending digital tools with human interaction.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire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.
An NRI from the US was arrested in Bengaluru for allegedly possessing live ammunition rounds after leaving them at a hotel. The accused, Arman Mutaahar, admitted to illegally possessing the ammunition and is now in judicial custody.
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 Uttarakhand Special Task Force has arrested the alleged mastermind of a cheating racket in an SSC recruitment examination from Saharanpur in Uttar Pradesh. The accused, Shubham Bhatnagar, allegedly provided remote access to candidates to solve papers illegally.
rediffGURU Ulhas Joshi answers your mutual fund queries.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
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.
A 40-year-old school teacher was killed in a hit-and-run accident on the Mumbai-Ahmedabad highway in Palghar district, Maharashtra. Police are investigating the incident and searching for the driver.
Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.
The Election Commission reports that poll-related seizures, including cash, drugs, and liquor intended to sway voters, have surpassed Rs 1000 crore in West Bengal and Tamil Nadu.
Analysts predict that the ongoing US-Iran conflict, fluctuations in crude oil prices, and foreign institutional investor (FII) flows will be the primary factors influencing Dalal Street this week, with inflation concerns adding to investor anxiety.
The Uttar Pradesh Special Task Force (STF) has busted an alleged racket involved in rigging Staff Selection Commission (SSC) online recruitment examinations using proxy servers and dummy candidates, arresting seven people from Greater Noida.
The Nizam's Institute of Medical Sciences (NIMS) in Hyderabad has achieved a significant milestone by completing 2,000 kidney transplants, making it one of the leading institutions in India for this procedure. The majority of these transplants were performed free of cost under government schemes.
Police in Budgam, Jammu and Kashmir, have registered a case against a man for allegedly operating a fake WhatsApp account in the name of the Senior Superintendent of Police (SSP) Budgam.
The National Payments Corporation of India (NPCI) is set to consider linking the ATM interchange fee to the Wholesale Price Index (WPI), alongside a potential hike from the current 19 to 21-22, which could impact customer charges for transactions beyond the free limit.
Seven pilgrims were killed and others injured after being struck by a speeding truck in Gujarat's Surendranagar district. The incident occurred on the Lakhtar-Viramgam highway as the group walked to Bahucharaji as part of a religious procession.
A social media influencer was arrested for allegedly uploading a reel containing abusive language with a Russian woman at the historic Gwalior Fort in Madhya Pradesh.
Delhi Police have arrested three individuals for their alleged involvement in an online investment fraud of Rs 10 lakh. The accused lured a complainant with promises of high returns on stock market investments before ceasing communication after receiving the funds.
Rupert Lowe, leader of the far-right Restore Britain party in the UK, has sparked controversy with anti-immigration posts targeting Indian and Pakistani immigrants, leading to a social media backlash and raising concerns ahead of a crucial by-election.
The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.
India's foreign direct investment (FDI) inflows are projected to surpass $90 billion in 2025-26 (FY26), driven by robust policy reforms, free trade agreements, and strong economic growth, according to DPIIT Secretary Amardeep Singh Bhatia.
Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.
The combined market valuation of four of India's top-10 most valued firms, including State Bank of India, Bharti Airtel, Tata Consultancy Services, and Larsen & Toubro, eroded by Rs 1 lakh crore last week amidst a volatile and range-bound equity market.
A foetus was discovered in a government hospital bathroom in Nahan, Himachal Pradesh, leading to an investigation into the alleged sexual assault of a minor girl who suffered a miscarriage on the premises.
A 55-year-old man, Ganesh Kashinath Pawar, accused in a cheque bounce case, died of a heart attack at Beed district jail in Maharashtra. He was in judicial custody after failing to appear in court.
The FM proposed a rule-based automated process for small taxpayers in FY27 Budget.
Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.
The Bank Nifty is currently trading at a 43.5 per cent discount to the Nifty 50, near its widest gap since 2015, reflecting investor pessimism despite the banking sector's strong earnings growth.
Credit card adoption is rapidly expanding beyond India's major metropolitan areas into Tier-II and Tier-III cities, driven by increasing incomes, digital awareness, and the integration of RuPay credit cards with UPI, according to a new report by SBI Card.
India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.
Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.
Police in Amravati, Maharashtra, have arrested a second suspect in connection with the sexual exploitation and circulation of obscene videos involving minor girls, after a victim's family reported continued contact from the accused.
Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.
