West Bengal Chief Minister Mamata Banerjee has declared that the TMC will proceed with its planned sit-in protest against alleged attacks on party leaders and workers, as well as the Railways' hawker eviction drive, despite the police denying permission for the event.
An administrative inquiry has been ordered after a man in Odisha's Keonjhar district was allegedly forced to carry his sister's skeleton to a bank as proof of death to withdraw money. The BJD has alleged further mistreatment, claiming he was made to walk 3 km to re-bury the remains.
Tata Consultancy Services (TCS) will make an additional provision of USD 70 million in Q1 FY2027, bringing its total provision to USD 220 million, after the US Supreme Court declined to review a lower court ruling in a trade secrets dispute with Computer Sciences Corporation (now DXC Technology).
Shops and markets in Pakistan-occupied Kashmir remained closed following a protest call by the Joint Awami Action Committee (JAAC), amidst reports of over 20 deaths in recent police action. The JAAC, now outlawed, is demanding subsidised flour and electricity, and the abolition of "refugee seats." Authorities have offered a reward for the arrest of JAAC leaders, while the PoK "Prime Minister" has called for negotiations.
Beauty and lifestyle retailer Nykaa has announced a multi-year collaboration with OpenAI to integrate AI-driven shopping experiences through ChatGPT. This partnership will allow users to receive conversational recommendations for beauty and fashion products, with Nykaa fulfilling these queries. Additionally, OpenAI's technologies will be deployed across Nykaa's internal operations to boost productivity.
Adani Group and Brazilian aerospace firm Embraer have selected Dholera, Gujarat, as the location for a final assembly line for Embraer's regional jets. This strategic collaboration, formalised by an MoU in January, aims to boost India's Regional Transport Aircraft programme and align with the Aatmanirbhar Bharat initiative and UDAN scheme. Embraer sees immense potential in the Indian market across various aviation segments.
Indian benchmark stock indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by positive global market trends and a significant softening of crude oil prices following a peace deal between the US and Iran.
IT services giant Wipro has launched an Applied AI Centre of Excellence (CoE) in Bengaluru, focusing on Anthropic's Claude models. This initiative aims to accelerate enterprise AI adoption, train 10,000 experts, and integrate AI into core business workflows and Wipro's internal operations.
Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.
During his visit to Kedarnath Dham in Rudraprayag, Uttarakhand, Reliance Industries Chairman and Managing Director Mukesh Ambani donated Rs 10 crore (Rs 100 million) to the temple committee to support the development of pilgrim facilities and infrastructure.
Former IPL commissioner Lalit Modi has sensationally revealed that life-threatening intimidation from underworld don Dawood Ibrahim and his crime syndicate was the primary reason for his permanent retirement from cricket administration. Modi detailed how his unyielding stance against match-fixing and refusal to cooperate with the D-Company's multi-billion-dollar betting empire led to direct threats, including a phone call from Dawood and subsequent assassination attempts.
Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.
Indian liquor brands are increasingly focusing on Hindi heartland states like Uttar Pradesh, Rajasthan, and Haryana as the next major growth engine for premiumisation, driven by expanding luxury portfolios, craft spirit launches, and upgraded retail experiences, as state governments embrace reforms.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
India's unemployment rate reached an 11-month high of 5.5 per cent in May, up from 5.2 per cent in April, according to the National Statistics Office, indicating a softening labour market as labour-force participation also eased.
The daughter of an Indian-origin high school teacher based in Melbourne, who went missing in Amritsar last month, has appealed to Punjab Chief Minister Bhagwant Mann for help in tracing her father.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a positive trend in global markets, cooling crude oil prices following a US-Iran peace deal, and fresh foreign fund inflows.
Using an expletive in his post on X, Navarro said, "Fact: India didn't buy Russian oil in large quantities before Russia invaded Ukraine. It's blood money and people are dying."
Police in Gurugram have arrested four individuals in connection with the shooting at the residence of Saurabh Yadav, event organiser for singer Rahul Fazilpuria. The arrested individuals are accused of providing logistical support to the shooters, who remain at large.
Gurugram Police demolished an eight-story building allegedly used as a paying guest accommodation by convicted drug smuggler Satpal alias Kalu. The demolition was a joint effort with the municipal corporation, targeting properties acquired through drug trafficking proceeds. Authorities also demolished property illegally occupied by another alleged drug peddler.
60 per cent of hospitals are directing investments towards IT capability building, 50 per cent towards business intelligence tools and data lakes, and a significant share into AI-led use cases such as clinical documentation (72 per cent), decision support systems (64 per cent) and imaging (60 per cent).
Two men have been arrested in Faridabad for allegedly blackmailing a woman using camera-fitted glasses to record objectionable material and extorting money from her.
Police in Karnataka have arrested an individual running a firm accused of operating a multi-crore deposit scam, attracting investments with promises of high returns. The case involves Shivaanand S Neelanavar and his firm Shivam Associates, also known as Acumen, who allegedly failed to return money to depositors after promising a 36 per cent annual return.
A Delhi court has ordered the confiscation of several properties belonging to UK-based arms consultant Sanjay Bhandari under the Fugitive Economic Offenders Act, following his declaration as a fugitive in a money laundering case.
A Deputy Superintendent of Police (DySP) rank officer in Kerala was arrested by Vigilance officials after allegedly accepting a bribe of Rs 50,000. The officer attempted to escape by jumping from the first floor of his house but was apprehended after a chase.
Amid cross-voting, National Democratic Alliance-supported Independent candidate Parimal Nathwani on Thursday won one of the two Rajya Sabha seats in Jharkhand, defeating the Congress's Pranav Jha, an official said.
A 61-year-old man from Mangaluru was allegedly cheated of Rs 2.07 crore by cyber fraudsters posing as officials of central investigative agencies in a 'digital arrest' scam, police said.
Delhi Police have arrested three individuals for their alleged involvement in an online investment fraud of Rs 10 lakh. The accused lured a complainant with promises of high returns on stock market investments before ceasing communication after receiving the funds.
A special CBI court in Thane acquitted a former central government employee accused of accepting a bribe, citing insufficient proof of demand despite the recovery of currency notes.
Delhi Police have arrested Rakesh Sharma, wanted in connection with a blackmail and extortion case in Gurugram. Sharma allegedly extorted money from a woman by threatening to circulate private videos of her. He was apprehended near the Patiala House Courts Complex.
India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.
Delhi Police have arrested two individuals from Jharkhand for allegedly defrauding a 65-year-old man of over Rs 10 lakh through a cyber fraud involving APK files.
A 35-year-old bank employee in Delhi has been arrested for allegedly facilitating a cyber fraud racket by opening a bank account using forged documents. The employee misused his position to help fraudsters siphon off money through a fake account, which was part of a larger scheme involving fake investment offers on social media.
Mumbai police have registered a case against a man for allegedly duping seven persons of Rs 91 lakhs on the promise of awarding them works of different government departments.
Two wanted criminals from Bihar were arrested in Rishikesh following a police encounter. The accused, identified as Aamir and Anwarul Haq, sustained bullet injuries and were wanted for a recent shooting in Rishikesh and a fatal robbery in Bihar. The arrests occurred during a vehicle checking drive for the Char Dham Yatra.
Two wanted criminals from Bihar were arrested in Rishikesh following a police encounter. The accused, identified as Aamir and Anwarul Haq, sustained bullet injuries and were wanted for a recent shooting in Rishikesh and a fatal robbery in Bihar. The arrests occurred during a vehicle checking drive for the Char Dham Yatra.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Gen Z is a generation that has been raised in a digital-first era, where shopping, payment, and monetary transactions are done within seconds via smartphones. Moreover, the new flexibility offered by investing platforms is encouraging young investors to opt for investment frequencies that align with their spending patterns and lifestyle. This change has brought up an interesting debate on whether daily and weekly SIPs are better than monthly investments.
