Indian benchmark indices Sensex and Nifty extended their rally for a second consecutive session, driven by a decline in Brent crude oil prices below USD 100 per barrel and strong buying in banking stocks and Reliance Industries.
The data may include details of foreign bank accounts, investment accounts, certain financial investments, interest income, dividends and other specified financial income held by Indian tax residents abroad.
Congress leader Rahul Gandhi launched a scathing attack on the BJP-RSS, labelling them a "bunch of jokers" with no understanding of India, and criticised Prime Minister Narendra Modi's foreign policy as merely "hugging leaders." He also claimed the RSS has become an instrument of large capital, serving Adani and Ambani, and vowed that the Congress would keep pressure on the government until Modi and Shah resign. The BJP hit back, calling Gandhi immature and out of depth.
US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.
The Indian Army has launched 'Bharat Rice', a superior-quality rice for defence forces, aimed at improving ration quality and logistics. This initiative, spearheaded by the Directorate General of Supplies and Transport, involves direct supply to Army Supply Depots, including remote areas, and an MoU with FCI for infrastructure utilisation during contingencies. Defence Minister Rajnath Singh highlighted its significance for soldier welfare, operational readiness, and national security, emphasising logistics as combat power.
Indian Captain Smit Machchhar will receive Israel's Presidential Award for Civilian Heroism for his bravery in fighting off an attack from his co-pilot on a flydubai flight, preventing a potential catastrophe. President Isaac Herzog announced the honour, which will be presented once Machchhar recovers.
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
The Indian stock market experienced a significant downturn, with the Sensex crashing over 1,000 points and the Nifty hitting a fresh 52-week low, driven by sustained selling from foreign institutional investors, the RBI's monetary policy tightening, and elevated Brent crude prices.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, driven by a moderation in crude oil prices, despite persistent selling by Foreign Institutional Investors (FIIs) and mixed global market cues.
The National Testing Agency (NTA) is conducting Joint CSIR-UGC NET, a national-level examination to determine the eligibility of Indian candidates for various academic and research opportunities at Indian universities and colleges through the computer based test (CBT) mode. These include the junior research fellowship (JRF), appointment as an assistant professor, eligibility for both assistant professor positions and PhD admission and admission to PhD programmes.
BCCI Vice-President Rajiv Shukla has confirmed that Indian cricketers participating in the upcoming Asian Games in Japan will stay in designated accommodation provided by the Organising Committee, which, while comfortable, will not be five-star hotels due to scarcity in Nagoya. Both BCCI and IOA have addressed the arrangements, ensuring player comfort and suitable facilities.
A special CBI court in Mumbai has ordered the issuance of proclamation against billionaire jeweller Jatin Mehta, his wife, and another individual in a Rs 146.35 crore bank fraud case involving Canara Bank. The court allowed the CBI's plea to secure the presence of the absconding accused but declined the immediate attachment of their properties, citing lack of material evidence. The accused are reportedly residing in the United Kingdom.
The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.
The Centre has announced a major bureaucratic reshuffle, appointing Prakash Rajpurohit as Deputy Election Commissioner and approving appointments for 27 civil servants at joint secretary and equivalent levels across various ministries and departments.
Delhi Police have arrested 11 individuals involved in multiple "digital-arrest" scams, recovering over Rs 12 crore. The scams, linked to handlers in Southeast Asia, have affected 78 complainants nationwide, totaling Rs 73 crore. A retired scientist was defrauded of Rs 1.25 crore, with the entire amount frozen. The investigation uncovered a network arranging mule bank accounts and using cryptocurrency for commissions.
The UAE has initiated an investigation into a serious incident aboard a flydubai flight from Dubai to Tel Aviv, which was forced to divert and land in Saudi Arabia. An Indian pilot was reportedly stabbed by his co-pilot during the flight, leading to an emergency landing. Authorities are examining all circumstances, including potential links to terrorist activity, asserting UAE jurisdiction over the UAE-registered aircraft.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.
Indian benchmark indices Sensex and Nifty rebounded in early trade after two days of losses, driven by easing crude oil prices and strong buying in blue-chip IT stocks, despite continued global uncertainties. Track Sensex, Nifty on September 30.
External Affairs Minister S Jaishankar stated that the world is entering an age of flux marked by conflicts and tariff volatility, requiring India to respond effectively to these challenges. He reiterated India's consistent stance on the Russia-Ukraine conflict, advocating for dialogue and diplomacy, and highlighted India's efforts to engage with both sides. Jaishankar also emphasised India's role in championing the voice of the Global South and navigating complex strategic partnerships in a multi-aligned world.
Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.
The US Citizenship and Immigration Services (USCIS) has announced a significant increase in fees for the EB-5 Immigrant Investor Programme, effective November 30. This programme allows foreign investors, including many from India, to obtain permanent residency by investing in US commercial enterprises and creating jobs. The fee hikes, some more than doubling, are intended to fund USCIS operations, which are largely supported by fees rather than taxes.
The Enforcement Directorate (ED) conducted searches in Jaisalmer, Rajasthan, investigating the alleged misuse of Rs 5.10 crore in foreign donations from a non-FCRA registered Belgian entity for proselytisation activities. Two local residents are accused of receiving funds without proper registration, disguising them as educational or cultural services, and using them to influence vulnerable communities.
Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.
The devastating flash floods wreaked havoc across Nepal, with the ministry of external affairs on Thursday stating that 84 Indian nationals have been rescued while 290 remain uncontactable as the Himalayan nation stepped up search, rescue and relief operations following the disaster that has claimed more than 390 lives.
Nasscom said while the visa programme has been used by companies to address the skill gap in the US by bringing in foreign employees, the number of H-1B employees from Indian companies have come down substantially over the last decade.
India's foreign trap shooting coach, Peter Wilson, has voiced his disappointment over the exclusion of World Championship bronze medallist Zorawar Singh from the Asian Games squad. Wilson highlighted Zorawar's calibre and the "great shame" of his omission, attributing it largely to the National Rifle Association of India's (NRAI) selection policy which prioritises domestic trials over international results. He also addressed the Indian shotgun team's recent poor World Cup performances and discussed the need for systemic changes to improve access to shotgun shooting in India.
India is closely monitoring the health of Captain Smit Machchhar, an Indian pilot who bravely saved a flydubai flight despite being stabbed by his co-pilot. Machchhar, initially treated in Saudi Arabia, has been moved to Abu Dhabi for further medical care, with Indian diplomatic missions providing full support.
A train attendant was arrested at Thane railway station for allegedly possessing 61 bottles of Goa-manufactured Indian-Made Foreign Liquor (IMFL) worth Rs 71,560. The seizure was made by the state excise department based on a tip-off, and the attendant has been charged under the Maharashtra Prohibition Act.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Indian pilot Captain Smit Machchhar has been hailed as a hero by Israeli leaders for his extraordinary bravery in thwarting an alleged mid-air attack by his co-pilot on a flydubai flight. Despite being stabbed and seriously injured, Machchhar managed to open the cockpit door, allowing passengers and crew to overpower the attacker and prevent a catastrophic disaster. The flight, carrying 174 passengers, safely landed in Saudi Arabia, and Machchhar is recovering.
Supreme Court Justice Ujjal Bhuyan has unequivocally stated that any process disenfranchising Indian citizens is arbitrary and violates the Constitution.
The Delhi High Court on Wednesday sought a report from jail authorities regarding the non-appearance of separatist leader Yasin Malik for a virtual hearing in a terror funding case. The National Investigation Agency (NIA) is seeking the death penalty for Malik, who is currently serving a life term, arguing that his guilty plea should not preclude capital punishment for a terrorist. Malik had previously expressed a desire to argue in-person against the NIA's plea.
A dozen companies, including major players like Jio Platforms and Zetwerk Manufacturing Business, are poised to launch Initial Public Offerings (IPOs) in October, continuing India's strong fundraising momentum in the primary market. These offerings span diverse sectors, reflecting sustained investor interest in businesses with robust growth prospects.
'If Gyanesh Kumar had some shame he would have resigned and would have taken agni pariksha.'
The death toll from flash floods in central Nepal has surged to 734, with nearly 2,500 people still missing. India has intensified its rescue and relief efforts, sending additional aid, technical teams, and forensic experts, while also working to locate and rescue over 275 missing Indian nationals.
The Enforcement Directorate (ED) has claimed that Rs 860-Rs 880 crore generated from an alleged liquor scam in Chhattisgarh during the previous Congress regime was delivered to the Pradesh Congress Committee office in Raipur. The agency filed a supplementary chargesheet against former PCC treasurer Ramgopal Agrawal and provisionally attached his properties worth Rs 9.06 crore. The ED alleges a liquor syndicate controlled the state excise department, generating over Rs 2,883 crore in illegal proceeds.
The Reserve Bank of India (RBI) net purchased a record $18.65 billion in July, driven by inflows from its concessional swap facility, leading to a significant increase in India's foreign exchange reserves.
The proposed order will state that students currently in Classes 7, 8 and 9 who have opted for two foreign languages under the existing framework will be allowed to continue with the same combination until Class 10.
Russia has expressed gratitude for India's readiness to contribute to resolving the Ukraine conflict, while Ukraine's Foreign Minister praised India's ceasefire proposal as the "broadest" among those received. President Putin also acknowledged Prime Minister Modi's "very good ideas" for a mutual settlement, highlighting India's intensified diplomatic efforts focusing on Black Sea safety, grain exports, and energy supplies.
India has accumulated experience organically and in public, through blood, sweat and toil -- one commissioning and one agreement at a time -- and is called a regional power. China has accumulated hulls, by misdirecting its industrial capacity, and is mistakenly called a superpower. The Indo-Japan defence agreement pushes this theory to its limits without ever naming the dragon in the room, points out Dr Abhishek Puri.
