Amitesh Kumar Jha, CEO of Swiggy's quick commerce platform Instamart, has resigned to pursue other opportunities, with Nandita Sinha, formerly CEO of Myntra, appointed as his successor effective August 3, 2026.
Liquidity stress in smallcap funds has fallen to its lowest level since February 2024, with the average time to liquidate 50% of portfolios dropping to 27 days in June from a peak of 44.2 days in January 2026, driven by a sharp recovery in smallcap stocks and increased trading volumes.
Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.
RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.
The number of individuals who declared a gross income of Rs 100 crore or more in their income-tax returns had risen to 301 in 2022-23, moderated slightly to 284 in 2023-24, then climbed to 415 in 2024-25.
Hindustan Unilever Ltd (HUL) reported a 3.17 per cent year-on-year decline in consolidated net profit to Rs 2,680 crore for the June quarter, even as revenue from product sales surged by 10.26 per cent to Rs 17,149 crore, marking its highest growth in 13 quarters.
Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''
The incident involved compromise of an employee's email account, resulting in unauthorised access to certain data.
The Calcutta High Court has instructed the Enforcement Directorate to submit a report regarding its investigation into the arrest of TMC leader and former West Bengal minister Sujit Bose, who was apprehended in connection with a money laundering probe related to an alleged municipality recruitment scam.
While the new Brezza keeps its tried and tested 1.5 litre NA engine, there is now an additional 1.0l turbo petrol unit with a 6-speed manual gearbox to tempt younger buyers, points out Somnath Chatterjee.
The CBI has revealed that Shivraj Raghunath Motegaonkar, a coaching centre owner arrested in the NEET paper leak case, allegedly paid Rs 5 lakh to an NTA panel member, P V Kulkarni, for leaked chemistry questions. The agency recovered handwritten notes matching NTA's master question sets from Motegaonkar's phone, taken days before the exam.
As they say some doors open because of who you know, and some, it turns out, open just because of where you're from, recalls Binu Alex.
A Motor Vehicle Inspector (MVI) in Nagpur, Sajan Shaligramji Shende, who had previously filed a complaint with the Anti-Corruption Bureau (ACB) about corruption within the RTO, has himself been arrested in a bribery case. Shende was allegedly involved in illegally collecting money at the Khursapar RTO border checkpost. The ACB acted on a complaint from a truck owner regarding a Rs 500 bribe, leading to the arrest of Shende and another individual, Praveen Baburao Gaidhane, and the recovery of Rs 47,000 in cash. Both are booked under the Prevention of Corruption Act.
The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.
A former Indian under-19 cricketer, who is a co-owner of the Lanka Premier League (LPL) franchise Jaffna Kings, was arrested by Sri Lanka's sports anti-corruption investigators on Friday over allegations of attempting to bribe a player.
Dhamaal 4, the latest instalment in the comedy franchise, struggles with lazy writing, recycled jokes, and an over-reliance on self-referential humour, despite a committed cast.
Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.
Bihar Police have arrested four individuals in Muzaffarpur for allegedly operating a network that sold fake question papers for various examinations, including NEET-UG, to aspirants and their parents via social media. The arrests followed information from a previously apprehended associate, Manish Jha, and further investigation is ongoing.
Police in Tripura have launched an investigation after a video surfaced online showing a woman displaying bundles of cash. Authorities are questioning individuals connected to the woman to determine the source and purpose of the money.
Bengaluru police recovered Rs 14 lakh lost by BJP MP's wife in a cyber fraud through 'digital arrest'.
Delhi Police have arrested a 26-year-old man for allegedly siphoning off Rs 1.48 lakh from his paralysed brother-in-law's bank accounts after gaining the family's trust as his caretaker.
A police sub-inspector in Mathura, Uttar Pradesh, has been arrested for allegedly running an illegal extortion racket targeting local shopkeepers and operating an unauthorised parking scheme. The officer, Shashank Kaushik, is accused of using two history-sheeters, who are now absconding, to collect "protection money" from vendors. A departmental inquiry is underway, and an FIR has been registered under relevant sections of the Bharatiya Nyaya Sanhita and the Prevention of Corruption Act.
Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore for the quarter ended June, primarily attributed to higher expenses, despite an increase in total income.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.
These nations officially top the list when it comes to maximum number of official days off.
India is 2nd on the list of nations where people work the longest hours.
The number of individuals reporting a gross total income of 100 crore or more in their income tax returns has quadrupled to 576 in Assessment Year 2025-26, up from 142 in AY 2021-22, according to data shared in Parliament.
Indian stock markets ended a five-day losing streak, with the Sensex surging 776 points and the Nifty gaining 228 points, driven by a significant drop in crude oil prices and easing geopolitical tensions in West Asia.
India is projected to attract between $80 and $85 billion through the Reserve Bank of India's (RBI) concessional swap facility, designed to boost foreign currency inflows, according to an SBI research report.
Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.
Dreamfly Innovations is setting up a 40,000-sq ft aviation battery manufacturing facility in North Bengaluru with an investment of Rs 40 crore. This plant will produce advanced batteries for various drone applications, supporting India's growing drone economy and domestic drone makers.
'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'
The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.
The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions in the West Asia, which improved market sentiment and reduced inflation fears. Track Sensex, Nifty on July 27.
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The case for long-term investment in gold, however, remains intact.
Read all account documents, ask questions, and conduct basic due diligence before agreeing to become a joint holder.
