If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).
The Nifty 50 firms' contribution to the overall earnings of India Inc has steadily declined, reaching its lowest share in at least 21 quarters at 47.1 per cent in Q4FY26, down from 51.8 per cent a year earlier.
'It is disappointing that a craft, which is protected by the Geographical Indication Tag, Polo Ralph Lauren has turned it into a cheap wrap skirt, that too, printed.'
The CBI has arrested three individuals, including an IndusInd Bank assistant manager, in connection with a Rs 1.6 crore "digital arrest" scam. The arrests followed searches in Telangana and Andhra Pradesh.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.
'There is no doubt about the antiquity of Tamil Nadu.'
LIC offices will remain open during normal working hours on Tuesday for customer convenience, following an advisory from Irdai. CoinDCX commits to invest in cybersecurity infrastructure, and PayNearby introduces UPI QR-based cash withdrawals.
The Karnataka government has announced the installation of a 25-qubit quantum computing system at the Indian Institute of Information Technology (IIIT), Dharwad and IIIT-Raichur, enhancing the state's quantum computing ecosystem.
Pakistan has written to India seeking information about the Svalkot hydroelectric project on the River Chenab, according to the Foreign Office spokesperson.
An IED blast in Lakki Marwat district, Khyber Pakhtunkhwa province, Pakistan, injured five police officers. The attack, claimed by Fitna-al-Khawarij (a term used for TTP terrorists), involved an IED planted on a motorcycle. Security measures have been increased in the region following a surge in violence.
Another official said that India is planning to enhance its current hydropower capacity of around 3000 megawatts on the rivers that were earlier being used by Pakistan and a feasibility study in this regard is planned, the official said
India has suspended the Indus Waters Treaty with immediate effect, accusing Pakistan of breaching the pact by refusing to negotiate modifications and engaging in sustained cross-border terrorism. The decision follows a recent terror attack in Jammu and Kashmir that killed 26 people. Pakistan has rejected India's move, calling it an "act of war."
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.
In his address, Sharif praised US President Donald Trump, saying his "efforts for peace helped avert a ... war in South Asia".
India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.
The Indus system of rivers comprises the main river -- the Indus -- along with its five left bank tributaries, namely, the Ravi, the Beas, the Sutlej, the Jhelum and the Chenab. The right bank tributary, the Kabul, does not flow through India.
India has asserted that the Indus Waters Treaty with Pakistan will remain in "abeyance" until Islamabad "credibly and irrevocably" abjures support to cross-border terrorism. External Affairs Ministry spokesperson Randhir Jaiswal said that any bilateral talks with Islamabad will only be on vacation of illegally occupied territories of Kashmir by Pakistan. He also said that India is open to discussing the handing over of terrorists whose list was provided to Pakistan some years ago. India on April 23 announced a raft of punitive measures against Pakistan including suspension of the Indus Waters Treaty after the Pahalgam terror attack that killed 26 civilians.
Weeks after India placed the 1960 Indus Waters Treaty (IWT) in abeyance following the April 22 Pahalgam terror attack, Pakistan has signalled its willingness to discuss New Delhi's long-standing concerns about the treaty, sources said.
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.
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.
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.
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
The Securities and Exchange Board of India (Sebi) has significantly reduced the number of draft offer documents returned or rejected, dropping from 17 in FY25 to just two in FY26, thanks to a more facilitative and engagement-first regulatory approach.
Despite recent share price dips, Bharti Airtel is strategically positioned for growth, driven by investments in data centres via Nxtra, a potential tariff hike, and strong performance in Africa, alongside efforts to deleverage and expand its subscriber base in underpenetrated rural markets.
Pakistan's former foreign minister Bilawal Bhutto-Zardari on Monday said his country will go to war if India denies Islamabad its fair share of water under the Indus Waters Treaty (IWT).
Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.
'It has the potential to sow seeds of furthering discord when the direction of the discourse is aimed at propagating the perceived supremacy of 'cultural nationalism' from a distant past over the prevailing dominance of 'Constitutional nationalism',' argues N Sathiya Moorthy.
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.
India has stopped releasing water from the Baglihar Dam on the Chenab River and is planning similar measures at the Kishanganga Dam on the Jhelum River, following a recent terror attack in Jammu and Kashmir. These hydroelectric dams offer India the ability to regulate water releases. This decision potentially affects the Indus Waters Treaty, a decades-old agreement between India and Pakistan governing the use of the Indus River and its tributaries. The Baglihar and Kishanganga dams have been points of contention between the two nations in the past.
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.
The Centre is planning to undertake a study to look into ways to maximise the use of the quantum of water from the three rivers that Pakistan had earlier used under the Indus Water Treaty, now that the agreement has been suspended, officials said.
IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.
A Pakistani senator has warned that India's approval of a hydel power project on the Chenab River will further inflame tensions between the two countries, particularly in light of the suspended Indus Waters Treaty.
Emergency legal and constitutional consultations were held in response to India's unilateral move, and preliminary groundwork has been completed after which it has been decided to formally serve a diplomatic notice to India over the suspension of the treaty
India has accused Pakistan of violating the spirit of the Indus Waters Treaty by engaging in acts of terrorism and refusing to modify the treaty. India's Permanent Representative to the UN, Ambassador Parvathaneni Harish, addressed the UN Security Council, highlighting Pakistan's disinformation regarding the treaty and its continued support for cross-border terrorism. He stated that India has always acted responsibly as an upper riparian state and that Pakistan's actions have jeopardized civilian lives, religious harmony, and economic prosperity. India has suspended the treaty until Pakistan ends its support for terrorism.
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.
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.
Crude oil prices experienced a significant drop following the announcement of a US-Iran ceasefire and the reopening of the Strait of Hormuz, leading to heavy selling by traders.
'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'
