Prices had started to ease following the government's decision to allow duty-free imports of 1 mt of raw sugar and would weaken further over the next 7 to 10 days.
Indian companies, including NBFCs, filed proposals with the RBI to raise $6.08 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in June, marking a significant increase from the previous month.
Chief Justice of India Surya Kant has stated that allegations of "maladministration" and "favouritism" made by Supreme Court judge Justice Sandeep Mehta against Acting Chief Justice of Rajasthan High Court Sanjeev Prakash Sharma cannot be adjudicated in the public domain, emphasising that Justice Sharma must be given a fair opportunity to respond.
Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.
'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'
Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.
Between cheering at Wimbledon and attending the FIFA final, Ananya Panday took to the runway as Gaurav Gupta's showstopper.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
A BEST bus operating on a wet lease crashed into a roadside divider on the Sion-Panvel highway in Mumbai's Mankhurd area, resulting in one fatality and ten injuries. The driver claimed brake failure. This incident marks the third major BEST bus accident in Mumbai this month.
A court in Washim, Maharashtra, has sentenced nine police personnel to life imprisonment for the 2011 custodial death of Begya Pawar. The court found them guilty of murder, wrongful confinement, and causing grievous hurt, ruling their actions were "serious and brutal" and not part of public duty. The victim died after being brutally beaten to extort a confession, and the police attempted to cover up the incident with a fabricated FIR.
'She taught us that acting wasn't something people did because they couldn't do anything else. It was a skill. A skill that needed to be constantly polished and shaped, and the respect you command with that.'
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
One of the finest minds in theatre, besides being an exceptional actor and filmmaker. She showed me just how much I still had to learn and understand.'
Vijaya Mehta's eyes were always twinkling, her smile was always warm, her sari usually a collector's piece. She put on no elder statesman airs. But when she was in director mode, she allowed her actors and technicians no slack. Deepa Gahlot doffs her hat to the undisputed doyenne of Marathi theatre and one of India's most influential directors and actors, who shaped the landscape of Indian experimental theatre.
Three friends died in a hit-and-run accident in Bahraich district, Uttar Pradesh, after their motorcycle was struck by an unidentified vehicle while returning from a wedding ceremony.
Shriram Mhasane leads the All India Chess Masters FIDE Classical tournament after the seventh round, held in Mumbai. Mhasane secured a victory against Arjun Singh, giving him a clear lead as the tournament progresses.
Palaash Mapara's impressive winning streak has propelled him to the top of the leaderboard at the All India Chess Masters tournament in Mumbai.
Police in Maharashtra's Beed district recovered a stolen tractor within two days and arrested the thief, Ramdas Asaram Shriram, after the farmer reported the theft from his property.
A special task force (STF) personnel and two gangsters were killed in a gunfight in Bihar's East Champaran district on Tuesday, officials said.
Shreyansh Somaiya defeated Palaash Mapara in the sixth round of the All India Chess Masters, ending Mapara's reign as the sole leader. Somaiya now shares the lead with Shriram Mhasane and AGM Rajveer Nahar.
India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.
The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.
A special task force (STF) personnel and two gangsters were killed in a gunfight in Bihar's East Champaran district. In a separate incident, police arrested five criminals after an exchange of fire in Patna.
A woman in Indore has been arrested for allegedly conspiring with her lover to murder her husband using hired shooters, in a case reminiscent of a previous high-profile murder.
A man in Faridabad, Haryana, has been sentenced to life imprisonment for the murder of his wife, whom he strangled after she refused to make him tea.
Indian stock markets are set to be influenced by ongoing developments in the US-Iran conflict, fluctuations in crude oil prices, and the latest quarterly earnings reports from major corporates, with foreign investor activity also playing a crucial role.
The son of a jailed kingpin has been arrested in connection with a large-scale codeine-based cough syrup trafficking network. The investigation has uncovered a multi-state racket involving shell companies and fake billing, with transactions worth crores of rupees.
A man and a teenager died in Maharashtra's Beed district after a power transmission tower collapsed during an attempt to steal high-voltage cables. Police are investigating the incident and have made several arrests.
A leopard entered a residential area in Sikar, Rajasthan, attacking and injuring a 65-year-old woman before being tranquillised by forest officials.
Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.
A court in Beed district, Maharashtra, has granted temporary release to Jairam Chate, an accused in the Santosh Deshmukh murder case, to attend his brother's post-death rituals under police protection. The decision has sparked controversy and objections from the victim's family.
Shriram Finance's (SHFL's) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25).
Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.
The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.
The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
Global risks include a potential delay in the US-India trade agreement, the possibility of a sharp correction in US equity markets, and renewed geopolitical tensions.
Less than 12 per cent of the exits were from companies with Rs 10,000 crore in market capitalisation or above.
Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
