'The Rs 30,954 crore inflows recorded in May 2026 reflects around 16 per cent year-on-year rise.'
India's net direct tax collections have surged by 16.4 per cent year-on-year to 6.51 trillion as of July 13, primarily driven by robust growth in corporate tax receipts, according to provisional data from the Central Board of Direct Taxes (CBDT).
Guided by Indian table tennis legend Sharath Kamal, the duo have established themselves among the world's elite through a series of impressive performances on the WTT circuit.
India's retail inflation rose to 4.38 per cent in June, driven primarily by costlier food items, pushing it above the Reserve Bank of India's median target of 4 per cent for the first time under the new series.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by escalating tensions in West Asia and a sharp rise in crude oil prices, alongside a bearish trend in other Asian markets.
India's leading FMCG companies, including Hindustan Unilever and Dabur, reduced their permanent workforce in FY26, even as most firms in the sector, such as Tata Consumer Products and Marico, increased median employee remuneration, reflecting a mixed trend in staffing and compensation strategies.
Rodri, Spain's midfield maestro, completed his collection of major football prizes by winning the World Cup, less than two years after a significant knee injury. Named the tournament's best player, he joins an elite group of footballers. Rodri highlighted the importance of overcoming adversity and praised his team's collective effort in their hard-fought victory against Argentina.
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
With the temperatures set to rise again in London, Wimbledon chiefs and accommodation organisers are making sure that the fans and players have what they need to keep cool.
Ongoing search operations are intensifying in Wayanad as one more individual is still missing after a devastating landslide at the Anakkompoyil Meppadi tunnel project claimed seven lives.
India's foreign exchange reserves saw an increase of USD 963 million, reaching USD 672.587 billion for the week ending June 19, as reported by the RBI. This rise follows a previous week's drop. While foreign currency assets decreased, the value of gold reserves significantly increased, contributing to the overall growth.
The body of Vikram Rana, the last person missing after the July 7 landslide at the Anakkampoyil-Meppadi tunnel project site in Kalladi, Wayanad, Kerala, has been recovered. This brings the death toll to eight. A massive search operation involving multiple agencies led to the discovery of the construction manager's body, concluding the search efforts.
Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.
Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.
The death toll from the Wayanad landslide has increased to six after three more bodies were recovered. The deceased include migrant workers from Uttar Pradesh, Himachal Pradesh, and Bihar. Search operations are ongoing for two missing individuals, while several injured remain hospitalised.
Nine individuals have been rescued from the debris of a three-storey building that collapsed at a waste management plant in Pimpri Chinchwad, near Pune. The collapse occurred after a large mound of garbage, loosened by heavy rains, crashed onto the structure. Multi-agency rescue operations are ongoing to find remaining trapped victims.
Delhi has seen a significant increase in fire-related fatalities this year, with 45 deaths reported between January and May 27, according to Delhi Fire Services data. The summer months have seen a sharp rise in fire emergencies, with garbage and rubbish fires accounting for a significant share of incidents.
Indian benchmark equity indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by a rally in IT stocks and global cues suggesting a more accommodative monetary policy after softer-than-expected US jobs data.
Kerala's Health Minister K Muraleedharan has announced increased inspections of eateries across the state due to a rise in infectious diseases. The Food Safety Department has been directed to conduct searches, and licences will be revoked for any violations of food safety norms.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.
Indian golfer Kartik Singh finished T-12 at the IGPL Morocco Rising Stars 2026 after carding 1-under 71 in the final round, with Thailand's Tanapat Pichaikool winning the title.
Global players' union FIFPRO has highlighted a "growing pattern of abuse," including racist and discriminatory attacks, against players at the World Cup, both online and in person. The union is demanding urgent collective action from football stakeholders, law enforcement, and social media platforms to protect players and ensure meaningful consequences for perpetrators.
Indian fast bowler Mohammed Siraj, who recently assumed charge as a Deputy Superintendent of Police in the Telangana Police, paid a courtesy call on Telangana Director General of Police CV Anand.
Opposition parties in Odisha, BJD and Congress, have criticised Chief Minister Mohan Charan Majhi, accusing him of a surge in police brutality. The allegations stem from a custodial death in Ganjam district and other instances of alleged police misconduct. The BJP has defended the government, stating that prompt action has been taken in response to these cases.
Brokerages are forecasting a strong first quarter (April-June/Q1) for Reliance Industries Ltd (RIL) in FY2026-27, with double-digit revenue growth, Ebitda increases of around 12 per cent, and net profit rising up to 10 per cent, primarily driven by its oil-to-chemicals (O2C), retail, and Jio businesses.
Indian benchmark indices Sensex and Nifty rallied in early trade, primarily driven by strong buying in IT stocks after Tech Mahindra reported a significant 28.4 per cent rise in its consolidated net profit for the June quarter.
The devastating floods sweeping Assam's Upper Assam region have exposed the humanitarian crisis unfolding in the state's tea gardens, with a pregnant worker delivering her baby inside a tea factory after rising floodwaters cut off access to a hospital.
A PL Capital report projects India's LPG subsidy bill to exceed Rs 1 lakh crore in FY27, creating a significant Rs 70,000 crore gap over the Union Budget's Rs 30,000 crore allocation, driven by the government and OMCs absorbing higher fuel and LPG price increases.
As heavy rains continued to pound Mumbai on Sunday, an 18-year-old motorcyclist and a senior citizen lost their lives in tree-collapse incidents, pushing the death toll from such tragedies in the city to three in less than a week.
Two separate fire incidents occurred in Noida on Friday morning, one in a 12th-floor flat of a high-rise residential society in Sector 75, leading to a full evacuation, and another in a building in Sector 52. Chief Minister Yogi Adityanath has taken cognisance of the incidents, directing immediate relief and rescue operations. No casualties or injuries have been reported in either incident, and the causes are under investigation.
You should look beyond a flat SIP, ensuring that your investments grow along with your income, expenses, and financial aspirations.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, primarily driven by heavy selling in HDFC Bank following its quarterly earnings and a sharp spike in Brent crude oil prices due to escalating tensions between the US and Iran. Track Sensex, Nifty
Shubman Gill climbed to eighth in the latest ICC Test batting rankings, while Harry Brook returned to the top spot, replacing England teammate Joe Root.
The focus is now on accelerating PSP development through faster approvals, better-quality detailed project reports (DPRs), simplified clearances, and early excavation permissions. Speaking at a recent event, Prasad said hydropower and PSPs would be central to supporting India's renewable energy expansion by providing the reliable and flexible capacity needed to balance rising solar and wind generation. "A huge amount of variability is getting introduced into the grid.
Racing Bulls driver Arvid Lindblad, who has Indian ancestral roots, attributes the rise of young athletes like Vaibhav Sooryavanshi across global sports to advancements in technology and better access to information from an earlier age.
Indian quarter-miler Vishal TK, fresh from a historic season where he became the first Indian man to break the 45-second barrier in the 400m, is set to make his Commonwealth Games debut in Glasgow. The 22-year-old, a four-time national champion and a key member of India's relay teams, is confident of delivering a breakthrough performance, crediting his rigorous training at Inspire Institute of Sports and the support system for his preparation. He aims to continue raising the bar for Indian athletics on the global stage.
FPIs have already withdrawn Rs 2.6 trillion from Indian equities in 2026, exceeding the outflows recorded in any previous full calendar year.
