India's eight core infrastructure sectors recorded a two-month high growth of 1.7 per cent in April, primarily boosted by strong performances in steel, cement, and electricity production, according to government data.
Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.
Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.
Kerala Chief Minister Pinarayi Vijayan has condemned the attack on Enforcement Directorate (ED) officials following a search at his rented residence, calling it a serious offence. He also defended the ED's investigation into financial dealings involving his daughter's firm.
The Enforcement Directorate (ED) arrested Punjab industries minister Sanjeev Arora in a new money laundering case following raids at his residence and other locations.
Punjab Chief Minister Bhagwant Mann and AAP national convener Arvind Kejriwal met jailed state minister Sanjeev Arora in Gurugram. Arora is in judicial custody in connection with an alleged money-laundering case.
The Supreme Court has urged the Kapur family, including Rani Kapur and Priya Kapur, to resolve their dispute over the family trust through mediation, appointing a former Chief Justice to oversee the process.
Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.
The Delhi Gymkhana Club, a historic landmark in Lutyens' Delhi, is facing eviction as the government seeks to reclaim its land for defence infrastructure, raising concerns about the future of this elite institution.
HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.
CPI(M) leaders, including Brinda Karat and M A Baby, were detained during a protest outside the ED headquarters in Delhi against searches at the residence of former Kerala chief minister Pinarayi Vijayan.
Indian stock markets are set to be influenced by developments in US-Iran negotiations, crude oil prices, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.
CPI(M) General Secretary M A Baby and other Left leaders were detained by Delhi Police during a protest against ED searches at former Kerala CM Pinarayi Vijayan's residence. The CPI(M) alleges excessive force was used, while police state around 50 protesters were detained and released.
Businessman Robert Vadra unconditionally withdrew his petition in the Delhi High Court challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
A gold jewellery firm in Bengaluru was allegedly cheated of Rs 3 crore by three men posing as wholesale buyers who decamped with ornaments.
NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.
Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.
The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.
India's move to privatise PSLV rocket production through IN-SPACe has triggered debate over national security, ageing technology and the agency's role.
Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.
Businessman Robert Vadra has approached the Delhi High Court to challenge a trial court's decision to summon him in connection with a money laundering case related to a land deal in Shikohpur, Haryana.
A special SEBI court convicted two directors and their five firms, linked to late stockbroker Harshad Mehta, for failing to provide information during a 1998 investigation into the manipulation of shares belonging to BPL and Videocon.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.
Japanese automaker Honda plans to introduce over 10 new models, including electric vehicles and compact SUVs, in India by 2030, identifying India as one of its three key markets for future growth.
The Enforcement Directorate conducted fresh searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering investigation. Raids were carried out at multiple locations, including Arora's residence and business premises, following a new case registered under the Prevention of Money Laundering Act (PMLA).
India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.
Aequs Group, in collaboration with IIT-Dharwad, has established an advanced research and development facility for materials science and manufacturing innovation at the IIT-Dharwad campus.
The Enforcement Directorate has opposed Robert Vadra's petition in the Delhi High Court, challenging a trial court order that summoned him in a money laundering case linked to a land deal in Haryana's Shikohpur.
The Enforcement Directorate has requested police protection for homebuyers and witnesses in a money laundering case involving Ocean Seven Buildtech Pvt Ltd, following reports of threats and intimidation.
The Central Bureau of Investigation (CBI) conducted searches at seven premises linked to Reliance Communications Ltd, an Anil Dhirubhai Ambani Group company, in connection with a fraud case involving thousands of crores of rupees.
Leading stock exchange BSE Ltd announced a 61 per cent increase in consolidated net profit to Rs 795.47 crore for the March quarter, driven by higher income, and reported its highest-ever performance in its 150-year history for the full financial year 2025-26.
The Enforcement Directorate has frozen Rs 526 crore in bank deposits and seized gold jewellery worth Rs 3.5 crore along with Rs 11 lakh in cash after concluding searches in a money laundering case against online gaming platform Gameskraft.
The CBI has filed a chargesheet against AVJ Developers, bank officials, and others for allegedly cheating financial institutions and homebuyers in Greater Noida.
State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.
Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.
Balrampur Chini Mills Ltd anticipates annual revenue of approximately Rs 2,000 crore from its new bio-plastic plant in Uttar Pradesh, scheduled for commissioning in the December quarter. The company is investing over Rs 3,000 crore in the Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
A special PMLA court in Gurugram has remanded Punjab Industries Minister Sanjeev Arora in Enforcement Directorate's custody for a week in an alleged Rs 100-crore GST fraud-linked money laundering case.
Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.
A Delhi court has ordered the framing of charges against directors of Three C Shelters Pvt Ltd in connection with the stalled Greenopolis housing project in Gurugram, citing a prima facie case of cheating, forgery, and criminal conspiracy for allegedly misleading homebuyers.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances