Senior CPI(M) leader V Sivankutty has criticised the Kerala UDF government for allegedly spreading misinformation about the Centre's PM SHRI scheme and attempting to implement it despite earlier opposition. He clarified that the previous LDF government froze the agreement over concerns about the National Education Policy and that funds received were not for PM SHRI. The scheme continues to be a politically contentious issue in the state.
Four promising Indian tennis players, including Manas Dhamne and Vaishnavi Adkar, have been inducted into the Government of India's Target Asian Games Group (TAGG) scheme, which provides comprehensive support for high-performance athletes. This move, welcomed by AITA, aims to strengthen India's presence in international tennis.
Israel Weapons Industries (IWI) has delivered the first batch of NEGEV 7.62x51 light machine guns to India under the 'Make in India' initiative, marking a significant step in India-Israel defence cooperation and indigenous defence manufacturing.
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
Congress Councillor Amit Bhandari has been arrested in Dehradun for his alleged involvement in an organised land fraud scheme. The arrest follows the interrogation of the scheme's alleged mastermind, Pradeep Saklani, who revealed the names of accomplices.
India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.
India has successfully negotiated the protection of its steel export interests under the free trade agreement with the UK, ensuring 85 per cent of its outbound shipments remain outside Britain's steel safeguard measures. This consensus addresses a key sticking point ahead of the comprehensive economic and trade agreement (CETA) coming into force on July 15.
Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.
India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.
Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.
The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.
Outward remittances under the Reserve Bank of India's Liberalised Remittance Scheme (LRS) saw a 7.85 per cent year-on-year contraction in April 2026, primarily driven by reduced international travel spending due to global uncertainty stemming from the US-Iran conflict.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new Retirement Income Scheme (RIS) and drawdown options under the National Pension System (NPS), offering greater flexibility for managing pension savings post-retirement. Additionally, PFRDA has eased annuity surrender rules, allowing exits in cases of critical illness or for older contracts with explicit surrender clauses.
As the rupee weakens, wealthy families are accelerating investments in global assets.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
The Sports Ministry's Mission Olympic Cell (MOC) has sanctioned Rs 35.46 lakh for overseas training stints for Paralympic medallists Ajeet Singh (javelin) and Pranav Soorma (club throw) to prepare them for the upcoming Asian Para-Games in Japan. Both athletes, part of the TOPS core group, will train in Germany and Czechia respectively, with Pranav also participating in multiple championships.
Amid cross-voting, National Democratic Alliance-supported Independent candidate Parimal Nathwani on Thursday won one of the two Rajya Sabha seats in Jharkhand, defeating the Congress's Pranav Jha, an official said.
Rebel Trinamool Congress MP Kakoli Ghosh Dastidar announced that 20 dissident Lok Sabha members from TMC have merged with the Nationalist Citizens Party of India (NCPI) and pledged support to the NDA under Prime Minister Narendra Modi. The group expects its numbers to increase to 22 and clarified they have no connection with rebel TMC MLAs in West Bengal. Dastidar also highlighted the alleged non-implementation of central schemes in West Bengal by the previous TMC government.
US authorities have shut down an India-based call centre operation that allegedly defrauded hundreds of elderly Americans of millions of dollars through tech support scams, following a years-long investigation.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.
India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.
Net mutual fund inflows into active equity schemes in India plummeted by 40 per cent month-on-month in May, reaching a one-year low of 22,908 crore, primarily due to weaker lump-sum investments and increased redemptions amidst significant market volatility and global uncertainties.
The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.
Police in Lucknow busted a gang that misused the Mudra loan scheme to create fake GST firms and commit input tax credit fraud worth approximately Rs 1.3 crore.
The FIFA-AIFF Telangana Academy, a new high-performance football training centre for boys and girls, has been launched in Hyderabad. This initiative, a collaboration between FIFA, AIFF, and the Telangana government, aims to nurture young talent with comprehensive support, including residential facilities and medical care. It marks India's first girls' football academy of its kind.
The National Democratic Alliance (NDA) is set to hold a crucial meeting to celebrate Prime Minister Narendra Modi becoming India's longest continuously serving elected prime minister, surpassing Jawaharlal Nehru's record of 4,399 days.
Semiconductor startup C2i Semiconductors announced it has taped out a smart power stage chip designed for artificial intelligence infrastructure, marking a significant milestone for India's ambitions in domestic semiconductor production.
'Exploration should be made easier and companies should be given operational flexibility.'
The Centre on Monday informed the Supreme Court that the Central Board of Secondary Examination has come up with a new policy for the evaluation of private students, who were affected by the cancellation of Class XII board examination in Gulf countries due to the recent Iran-US war.
Direct plans of mutual fund schemes added nearly 21 million individual investor folios in FY26 (as of February), surpassing regular plans' 15 million net additions, marking only the second time direct plans have outpaced regular plans in annual folio growth, despite turbulent equity markets.
India is set to celebrate Commonwealth Games Day on May 24 across 8,000 locations, with a main event in Ahmedabad, featuring sporting stars and a focus on fitness and national pride.
The Indian government is set to revamp its Target Olympic Podium Scheme (TOPS), focusing on quarterly athlete evaluations and prioritising high medal-yielding sports like aquatics and cycling to improve performance at the Olympic Games.
An e-service centre operator in Navi Mumbai is accused of defrauding multiple individuals of over Rs 20 lakh by promising business loans under the 'Stand-Up India' scheme and then disappearing after collecting processing fees.
Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.
rediffGURU Ulhas Joshi answers your mutual fund queries.
The Meghalaya Football Association (MFA) felicitated state footballers Sanfida Nongrum and Ribansi Jamu for their pivotal roles in India's victory at the SAFF Women's Championship 2026. The players, who contributed significantly to India reclaiming the title, were honoured with cash rewards and recognition, inspiring young girls in the state to pursue football.
Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.
Suryakumar Yadav is expected to be removed as India's T20 captain due to a prolonged period of poor form. Shreyas Iyer and Tilak Varma are the leading contenders to take over, with discussions ongoing within the BCCI and selection committee, including head coach Gautam Gambhir's preferences.
Ten Indian nationals living illegally in the US have been indicted for conspiring to stage armed robberies at convenience stores to fraudulently obtain visas.
