World Champion D Gukesh lost to Nodirbek Abdusattorov at the Prague International Chess Festival after blundering from a strong position.
Aravindh Chithambaram defeated D Gukesh at the Prague International Chess Festival, while Jorden van Foreest maintains his lead in the tournament.
India Ratings & Research (Ind-Ra) has projected the aggregate fiscal deficit of states to rise to 3 per cent of gross domestic product (GDP) in 2026-27 (FY27), from an estimated 2.8 per cent in 2025-26 (FY26), citing higher revenue expenditure amid election-related pressures and scheme cost-sharing requirements.
World Champion D Gukesh faced a surprising defeat against Jorden van Foreest at the Prague International Chess Festival, while Aravindh Chithambaram drew his game.
World champion D Gukesh was held to a draw by David Navara in the fourth round of the Prague International Chess Festival, while Jorden van Foreest took the lead with his third victory.
Indian Grandmasters D Gukesh and Aravindh Chithambaram had contrasting results in the second round of the Prague International Chess Festival, with Gukesh drawing and Aravindh winning his game.
World champion D Gukesh drew with Hans Moke Niemann in the first round of the Prague International Chess Festival.
Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.
Gold prices experienced a significant drop in futures trading due to global selloff, inflation concerns, and a strong US dollar. Analysts predict a continued downward trend amid geopolitical tensions and potential rate hikes.
D Gukesh played out a draw with compatriot Aravindh Chithambaram, the result ending the reigning world champion's title hopes on a tough day for Indian players in the Tata Steel Masters 2026 in Wijk Aan Zee, The Netherlands, on Saturday.
World champion D Gukesh stayed in the hunt with a clinical endgame win in Round 10 of the Tata Steel Masters, while Arjun Erigaisi slipped to another defeat and slid down the standings at Wijk Aan Zee.
A fugitive gangster wanted in connection with a triple murder and narcotics trafficking cases has been deported and arrested in Punjab, India, marking a significant breakthrough in the fight against cross-border organised crime.
Tata Steel Masters: Gukesh bounces back with a win against Fedoseev
Precious metal prices surged in futures trading, with silver hitting Rs 2.93 lakh per kg and gold nearing Rs 1.68 lakh per 10 grams, driven by safe-haven demand following US-Israel strikes in Iran and retaliatory attacks.
Any potential tariffs on pharmaceutical imports into the US are unlikely to impact the credit profiles of Indian firms except for a short-term pricing blip, according to a report by India Ratings and Research (Ind-Ra). The report stated that the US generics market contributes around 35 per cent to the total revenue of the leading Indian pharma firms.
World champion D Gukesh was himself to blame as he fell into a blindspot and made an unimaginable blunder to go down to Nodirbek Abdusatorov of Uzbekistan in a sixth round match of the Tata Steel chess
Tata Steel Masters: Gukesh slumps to another defeat against Giri
World champion D Gukesh resigned on his 37th turn against Germany's Matthias Bluebaum at Tata Steel Masters Chess.
Shashi Tharoor met Priyanka Chopra over the weekend, and won the Internet over.
The fourth T20I between India and South Africa was called off on Wednesday owing to poor visibility after a dense layer of smog engulfed the Ekana Stadium raising serious questions about BCCI's scheduling of matches in northern part of India during peak winter month.
Indian artificial intelligence (AI) startup Sarvam launched two indigenous large language models (LLMs) specifically trained on Indian languages on Wednesday.
Banks are depending more heavily on the market for certificates of deposit (CDs), whose worth climbed to a record Rs 5.75 trillion in the fortnight to January 15, owing to deposit tightness in the system.
Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of Chartered Accountants of India (ICAI) has said in its FAQs on the new labour codes.
Saikia confirmed that discussions were on regarding a possible adjustment in playing hours owing to Guwahati's early sunrise and sunset.
Silver and gold prices snapped a two-day rebound and declined sharply up to 10 per cent in the futures trade on Thursday amid weak trends in the international markets and a strong US dollar.
The Supreme Court has sought responses from the Centre, the CBI and others on a plea filed by a 78-year-old retired banker who was duped of Rs 23 crore after allegedly being put under "digital arrest" for nearly a month.
Silver and gold prices declined sharply in the futures trade on Friday as traders booked profits at elevated levels after a record-breaking rally, tracking a bearish sentiment in global markets and a rebound in the US dollar.
Global Rating agency Moody's on Wednesday said it was reviewing IndusInd Bank's risk management capabilities, and its leadership transition, with the private sector lender grappling with accounting lapses pertaining to its derivatives transactions. "The financial impact of the derivatives losses is quite manageable considering IndusInd Bank's strong capital.
The incident took place in the morning, a senior police official from Jalandhar said over the phone.
Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.
Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.
Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. The interest slabs and rates for higher balance accounts remain unchanged. Despite the revision, the bank continues to offer one of the highest savings account interest rates in the industry among mid-sized banks.
IndusInd Bank has appointed a professional firm to conduct investigation for identifying the root cause of accounting discrepancies relating to its derivatives portfolio. As per an estimate, Rs 2,100 crore discrepancy in accounting may impact 2.35 per cent of the Bank's net worth.
The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.
IndusInd Bank on Tuesday said global rating agency Moody's has placed the bank's baseline credit assessment (BCA) under review for a possible downgrade. The rating review comes days after IndusInd Bank disclosed a Rs 2,100 crore discrepancy in accounting with an estimated impact of 2.35 per cent of the bank's net worth.
A national rollout will take place after the pilot test in which SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank and Punjab & Sind Bank are participating.
'...the only match that really counts is the one at the end. And that will be our focus. Trying to play our best game when it counts.'
External auditor PwC is likely to submit its report to IndusInd Bank's board on Friday regarding accounting discrepancies in its derivatives portfolio, sources said. As per an estimate, Rs 2,100 crore discrepancy in accounting may impact 2.35 per cent of the bank's net worth.
Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting to the tune of Rs 2,100 crore. The private sector lender, on March 10, disclosed about some discrepancies in its derivatives portfolio which could have an adverse impact of about 2.35 per cent of the bank's net worth as of December 2024 as per its internal review.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
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