Public and private sector banks in India experienced significant deposit growth in the July-September quarter of FY27, largely propelled by foreign currency non-resident (bank), or FCNR(B), deposits mobilised under the Reserve Bank of India's concessional swap window, which closed on August 31.
Aviation security watchdog BCAS is conducting trials of full body scanners at Bengaluru and Cochin airports. The trials aim to collect data to refine algorithms, addressing privacy concerns and ensuring the technology is suitable for Indian passengers before wider deployment across airports.
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
Five Indian nationals aboard a Kuwait-flagged tanker were safely shifted ashore after the vessel was struck by a projectile in the Strait of Hormuz, the Embassy of India in Oman said.
Nepal has condemned a drone attack on Saudi Arabia's Shaybah oilfield that resulted in the death of a Nepali migrant worker and injuries to others. The incident, which also killed a Filipino national and injured Indian and Pakistani nationals, occurred amid escalating tensions between Saudi Arabia and Yemen's Houthi rebels. Another attack on King Fahd International Airport also claimed an Indian life.
Indian benchmark equity indices, Sensex and Nifty, significantly recovered from sharp early losses, driven by buying in State Bank of India and Reliance Industries, alongside fresh foreign fund inflows, despite declines in Axis Bank and HDFC Bank.
Indian benchmark stock indices, Sensex and Nifty, rebounded on Friday, driven by value buying in banking, oil & gas, and auto shares following recent sharp losses. The Sensex climbed 315.20 points to settle at 73,895.74, while the Nifty rose 77.40 points to 23,140.50.
Indian batters G Kamalini and Sneh Rana, Australian captain Sophie Molineux, and Sri Lanka skipper Chamari Athapaththu are among 146 players shortlisted for the Women's Premier League auction in Kochi on October 28, competing for 27 available slots.
Two Indian nationals have been charged in a US federal court for their alleged involvement in a transnational scheme to distribute counterfeit Ozempic, a popular diabetes drug. The scheme involved obtaining fake drugs from China, deceptive packaging, and continued even after FDA warnings, with the accused facing significant jail time if convicted.
Sustained selling by foreign investors is weighing on domestic equities, with the benchmark Sensex and Nifty 50 down 15.60 per cent and 14.4 per cent, respectively, this year.
The controversy surrounding actor Imran Khan's participation in a Mumbai protest, and BJP leader Kirit Somaiya's demand for his deportation, raises critical questions about the legal rights of Overseas Citizen of India cardholders to engage in political dissent and the grounds for their expulsion from India.
Indian benchmark indices Sensex and Nifty traded lower in early sessions due to profit-taking and significant foreign institutional investor (FII) outflows, despite strong performance from IT stocks like Tech Mahindra. Track Sensex, Nifty on October 16.
The Indian rupee depreciated by 43 paise to close at 94.81 against the US dollar, influenced by a negative trend in domestic equity markets, surging crude oil prices, and significant foreign institutional investor outflows.
Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.
Bollywood actor Imran Khan, an American national, has been issued a notice by Mumbai Police directing him to leave India by October 28 for allegedly violating immigration laws by participating in a political protest.
India has issued a fresh advisory for its nationals, particularly Umrah pilgrims, in Saudi Arabia due to ongoing flight cancellations and regional tensions. The Indian Consulate in Jeddah is providing assistance, coordinating with Saudi authorities, and helping facilitate the early return of affected individuals amidst disruptions caused by drone and missile attacks.
Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
India's Aditya Bhandarkar has taken a two-shot lead after the second round of the PGTI Qualifying School in Ahmedabad. Bhandarkar, who was tied sixth overnight, shot a three-under 69 to reach a total of four-under 140. Md Siddikur Rahman, Joysurjo Dey, and Vedant Sirohi are tied for second. The halfway cut was made at 12-over 156, with 80 players advancing.
The Reserve Bank of India has opened a special dollar window for three public sector oil marketing companies (OMCs) to meet their daily dollar requirements, aiming to curb the rupee's depreciation amidst global economic uncertainty. Additionally, the RBI has introduced new regulatory measures for the foreign exchange market, including reducing the threshold for derivative transactions without underlying exposure and introducing a Foreign Exchange Risk Reserve (FERR).
'There is more trust in Shivam Dube because he has done it for India. Nitish Kumar Reddy has bowled well for SRH, but so far for India in T20Is, unfortunately, he hasn't played that role yet.'
Police in Beed, Maharashtra, arrested a 48-year-old bootlegger and seized illicit Indian-Made Foreign Liquor (IMFL) and a motorcycle worth Rs 1.11 lakh. The accused was intercepted on Friday night following a tip-off.
Indian benchmark equity indices, Sensex and Nifty, ended sharply lower, with the Sensex tumbling 876.37 points and the Nifty dropping below 22,900, primarily due to a decline in private bank stocks like HDFC Bank and Axis Bank, alongside weak global market trends.
Indian equity benchmarks Sensex and Nifty rallied up to 1 per cent in early trade, driven by strong performance in IT stocks, Reliance Industries, and favourable global market sentiment, rebounding from previous losses.
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
Indian benchmark indices Sensex and Nifty opened higher, extending their previous session's rally, driven by a decline in global oil prices, despite continued selling by Foreign Institutional Investors.
An Army officer's wife has been booked in Jammu for alleged espionage, accused of using AI tools like ChatGPT and Claude to write analytical papers on sensitive national security issues for Chinese intelligence operatives. The well-qualified freelance researcher, who had an IT internship with the UN, is cooperating with investigators after being intercepted at Jammu Tawi railway station. The probe focuses on her alleged contacts with foreign nationals and the nature of the sensitive documents found on her mobile phone.
BrahMos Aerospace expects to develop the first prototype of its next-generation BrahMos-NG missile by 2027 or 2028, while a missile with a range of 1,500 km remains part of its future roadmap and is currently at the conceptual stage, the company's CEO and managing director Dr Jaiteerth Joshi said.
Indian benchmark indices Sensex and Nifty saw a sharp rebound in early trade, driven primarily by a rally in IT stocks and a decline in crude oil prices, even as global markets faced selling pressure due to US inflation concerns. Track Sensex and Nifty on
Indian benchmark indices Sensex and Nifty saw an early rebound, driven by strong performances from blue-chip HDFC Bank and major IT firms like HCL Tech, which reported a significant rise in net profit. Track Sensex, Nifty on October 13.
An 11-member Indian team, including medical personnel and tunnel rescue experts, has arrived in Nepal to assist with rescue operations following devastating flash floods that killed over 500 people and left nearly 2,000 missing. Nepal has requested international aid for specialised tasks and Bailey bridges to restore transport services in the affected areas.
Amid escalating debate comparing youth protests in India to political unrest and regime changes in Nepal and Bangladesh, Cockroach Janata Party (CJP) activist Abhijeet Dipke on Tuesday issued a video statement on X.
The Swadeshi Jagran Manch (SJM) has urged the Indian government to deny permission to Elon Musk's Starlink for commercial satellite broadband services, citing national security concerns. The RSS-affiliated organisation highlighted issues with data bypassing Indian gateways and the potential for misuse by hostile actors, advocating for indigenous solutions.
Foreign Portfolio Investors (FPIs) withdrew Rs 13,138 crore from Indian equities in the first half of September, driven by heightened global uncertainty, rising crude oil prices, firm US bond yields, and a strong dollar, impacting risk appetite.
The Aam Aadmi Party (AAP) has claimed that Punjab Chief Minister Bhagwant Mann was detained for three hours at the Delhi airport upon his return from Paris and subsequently fined Rs 50,000. AAP media in-charge Baltej Pannu alleged that the incident was due to "tremendous pressure from above" and linked it to the Centre's repeated denial of permission for Mann's foreign visits, accusing the central government of obstructing Punjab's progress.
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
External Affairs Minister S Jaishankar will host US Secretary of State Marco Rubio in Mumbai on October 20 for talks aimed at strengthening the Comprehensive Global Strategic Partnership. Discussions will cover energy, trade, defence, and critical technologies. The visit also includes celebrations for the 250th anniversary of US Independence. This meeting follows earlier confusion regarding Rubio's visit and will also touch upon the India-US bilateral trade agreement, which both sides are close to concluding. The MEA clarified that hosting foreign dignitaries outside Delhi is a common practice.
Glimpses of Indian Air Force aircraft flying in formation during Exercise Tarang Shakti 2026 in Jodhpur on Wednesday, October 7, 2026.
CDSCO has warned consumers against using two unauthorised Pakistani whitening creams after finding excessive heavy metals and regulatory violations.
