The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.
Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.
Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty50 and BSE Sensex performance and key global triggers.
The world volleyball body FIVB has revoked the Volleyball Federation of India's recognition with immediate effect for breach of legal and administrative requirements.
Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.
The Indian rupee appreciated by 23 paise to settle at 92.91 against the US dollar, driven by a weakening American currency, retreating crude oil prices, and renewed foreign institutional investor (FII) inflows amid increasing hopes of easing geopolitical tensions.
Heinrich Klaasen plays down his poor record against Chennai Super Kings ahead of SRH's Rivalry Week clash, backing his form and approach in spin-friendly conditions.
World Earth Day 2026 is celebrated on April 22 to promote environmental protection. Know its history, significance, theme, inspiring quotes, and why it matters more than ever today.
Sunrisers Hyderabad bowling coach Varun Aaron praised Abhishek Sharma's maturity and cricketing mind after his unbeaten 135 against Delhi Capitals in the IPL. Aaron also highlighted the skills of pacers Sakib Hussain and Eshan Malinga.
Five officials, including three members of the Special Task Force (STF), sustained injuries in a crude bomb explosion in Begusarai district, Bihar, during a search operation related to robbery cases.
The increasing use of models, algorithms, and code across the financial industry is reshaping how outcomes are generated. However, their limitations, such as explainability, embedded bias, and model drift may not be immediately apparent and may emerge only as these technologies gain scale, warns RBI deputy governor Shirish Chandra Murmu.
The IndiaAI Mission, under MeitY, has selected 10 Indian AI startups for its Global Acceleration Programme, aimed at fostering international growth and innovation.
Sunrisers Hyderabad will look to capitalise on their home advantage when they face Delhi Capitals in a crucial mid-table Indian Premier League clash. Both teams are level on points, making this a key match for their IPL campaign.
Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.
The Indian banking sector is projected to experience a steady 9-13 per cent industrial credit growth in the first half of 2026, driven by capital expenditure, infrastructure development, and sectoral demand recovery, according to a Ficci-IBA survey.
India's passenger vehicle (PV) industry is projected to experience moderated growth in FY27, following a strong rebound in H2FY26, primarily due to the high base effect, absorbed pent-up demand, and the lingering impact of geopolitical tensions in West Asia.
The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.
Analysts have largely maintained a bullish outlook on HDFC Bank and ICICI Bank following their Q4FY26 results, though their perspectives on future growth drivers differ. HDFC Bank's near-term performance is tied to accelerating loan growth, while ICICI Bank is seen as a strong candidate for a valuation rerating.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.
'Monsoon is the pran (life) of our water system.' 'A weak monsoon will have a very negative impact on crops and people's lives.'
Mumbai Police have registered a case against 13 individuals accused of defrauding ten people of 1.54 crore by promising government jobs. The accused are currently at large, and the investigation is ongoing.
Mumbai Indians, struggling with inconsistent performances, face a confident Gujarat Titans side looking to extend their winning streak in the Indian Premier League.
...is a way out, notes Prem Panicker in his must read blog on the Iran War. What the indefinite extension produces is a prolonged condition of not-war-not-peace, in which oil markets cannot stabilise, Asian refineries cannot plan, European governments cannot stop subsidising consumption they cannot afford, and the next flashpoint -- a seized tanker, a miscalculated drone strike, a Truth Social post that claims too much -- is one news cycle away.
Two senior Indian volleyball players have quit the national camp in Ahmedabad, citing concerns over incompetent coaches, poor facilities, and politics within the Volleyball Federation of India (VFI).
Five young men were arrested in Hyderabad for performing dangerous motorcycle stunts and riding with multiple passengers without helmets, after a video of their actions went viral on social media.
A 36-year-old man has been arrested in Thane, Maharashtra, for allegedly impersonating a CBI officer and defrauding people with false promises of jobs in the central agency.
A police constable in Jharkhand is under investigation for allegedly defrauding people of Rs 39.60 lakh by promising cheap auctions of seized vehicles.
The Indian Air Force is set to procure a compact, indigenous unmanned aerial vehicle (UAV) system for its elite Special Forces unit, designed to operate in extreme conditions and high altitudes.
ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.
Indian shipyards Mazagon Dock Shipbuilders Limited (MDL), Garden Reach Shipbuilders & Engineers Limited (GRSEL), and Cochin Shipyard Limited (CSL) are set for substantial growth, driven by a significant pipeline of Indian Navy orders and diversification into commercial and export markets. The Navy's share in defence spending is approximately 21 per cent, ensuring robust order visibility for these domestic players.
Supreme Court judge Justice B V Nagarathna has cautioned against the over-reliance on Artificial Intelligence (AI) in the judiciary, emphasising the need for judicial independence from algorithmic influence. She stressed that AI should only serve as a tool and not replace human judgement, which is guided by legal reasoning, constitutional values, and a deep sense of justice.
The Indian commodity market has experienced significant growth over the past decade, allowing Indian traders to capitalise on price fluctuations in commodities such as gold, crude oil, and natural gas. Earlier, commodity trading required substantial capital as these contracts were only available in bulk quantities. But to make the commodity market more accessible, exchanges such as the Multi-Commodity Exchange (MCX) have launched smaller and more flexible commodities contracts, including mini and micro contracts. These changes in the commodity lot size have changed the way small traders trade in commodity markets.
A major fire near the main unit of the newly built Rajasthan refinery of HPCL has postponed the inauguration by Prime Minister Narendra Modi. The fire, which broke out near the crude distillation unit, was doused in about two hours with no reported casualties.
Rising living expenses, fear of contract hiring cast shadow on real gains.
Controversy escalates in Goa over alleged objectionable remarks against St Francis Xavier, with protests and police complaints filed. The Congress demands the sacking of a minister, while the CM calls for maintaining communal harmony.
Attacks on polio vaccination teams in Pakistan's Balochistan and Khyber Pakhtunkhwa provinces have resulted in casualties and raised concerns about the safety of health workers and the progress of polio eradication efforts.
Delhi Police have dismantled a counterfeit toothpaste manufacturing unit in Khanjawala, arresting the owner and seizing a large quantity of fake toothpaste and manufacturing equipment.
Former India off-spinner R Ashwin believes Chennai Super Kings' skipper Ruturaj Gaikwad missed an opportunity to regain form in the IPL match against Sunrisers Hyderabad. Ashwin analyses Gaikwad's struggles, while also praising SRH bowler Eshan Malinga.
Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.
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