'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'
The Indian nationals sanctioned include Varun Pula, who owns Marshall Islands-based Bertha Shipping Inc., which owns and operates Comoros-flagged vessel PAMIR.
Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,33,600 per 10 grams on Friday.
'This will split the Marathi and Shiv Sena vote.' 'The BJP has conducted 3 surveys indicating they shall secure 109 seats in the BMC.' 'They do not wish for the Shinde Sena to demonstrate excessive strength in the BMC.' 'If the Thackerays secure 60-70 seats, that will affect Shinde's seats.'
The banking sector could see better loan growth in the third quarter of financial year 2026 (Q3FY26) with improved net interest margins (NIMs), though the full impact of latest rate cuts will be largely felt in the fourth quarter. There may be lower slippage in unsecured loans and microfinance institutions (MFIs) along with steady recovery trends, which should lower credit cost.
A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24). The RBI's dollar purchases increased in FY24, supported by robust capital inflows endorsing the economy's health.
China executed Bai Tianhui, a former top official of a state-owned financial firm, for accepting bribes totaling CNY 1.108 billion (about USD 157 million).
Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shake-up for the super-rich nears, according to a UK media report on Sunday.
The US Fed's interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global movements and foreign investor activity also influencing sentiment, according to analysts. Stock markets ended the last week on a subdued note, with benchmark indices Sensex and Nifty closing flat.
I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.
Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off after suffering mark-to-market (MTM) losses on earlier hedges.
China has made serious inroads into Latin America, which the US may now be hinting is simply not ok: Stay in your lane, Xi! In simple terms, China will no longer have access to Venezuelan oil, points out Rajeev Srinivasan.
NCP (SP) head Sharad Pawar criticized Maharashtra Deputy Chief Minister Ajit Pawar's 'vote or no funds' remark, deeming it inappropriate to seek votes based on financial assurances. He also stated that the state government's aid to farmers is insufficient.
'We expect modest returns in 2026 versus the steep gains seen over the past few years.'
The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.
Glimpses of US President Donald Trump's arrival in Tokyo, Japan, for the second stop on his Asia tour, October 27, 2025.
Congress MP Manish Tewari has introduced a bill in Lok Sabha that seeks to allow parliamentarians to take an independent line in voting on bills and motions other than those affecting the government's stability in a bid to free them from "whip-driven tyranny" and promote "good lawmaking".
Congress leader Rahul Gandhi accuses the BJP of 'vote chori' in collusion with the Election Commission, calling it an anti-national act. He raised concerns about election reforms and institutional capture.
Congress MP Priyanka Gandhi Vadra challenged Prime Minister Narendra Modi to a Lok Sabha debate on Jawaharlal Nehru's 'mistakes' to address criticisms and focus on current issues like unemployment and inflation.
President Donald Trump on Friday signed an executive order retroactively lowering tariffs on a range of agricultural imports, including beef, tomatoes, coffee and bananas, with the change taking effect from November 20, CNN reported.
Parliamentary Affairs Minister Kiren Rijiju stated the government is ready to discuss the special intensive revision of electoral rolls, but cautioned the Opposition against setting timelines. This comes after the Opposition demanded an immediate discussion on the matter, citing concerns over the safety of BLOs and the importance of the issue for democracy.
Among the Sensex firms, Infosys, HCL Technologies, Bajaj Finance, Asian Paints, Tata Motors Passenger Vehicles, Tata Consultancy Services, Bharti Airtel, Titan, Bajaj Finserv, Reliance Industries and Larsen & Toubro were the gainers. Trent Ltd, Eternal, Power Grid, UltraTech Cement, Mahindra & Mahindra, Axis Bank, State Bank of India, Adani Ports, Hindustan Unilever and NTPC were the laggards.
Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore.
The Jammu and Kashmir legislative Assembly was disrupted after a BJP MLA alleged the government was neglecting some Kishtwar areas because "nationalist Hindus" reside there. The remarks were deemed communal by other members, leading to a heated debate.
Rajya Sabha Leader of Opposition Mallikarjun Kharge assured Chairman CP Radhakrishnan of cooperation from the Congress party in the smooth conduct of the House, while also urging him to treat the Opposition and Treasury benches equally. He also mentioned the previous Chairman, triggering protests.
Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Growth in the core income slowed for the country's second largest private sector lender, but the treasury operations helped it report a 14.62 per cent rise in its post-tax profit at Rs 11,059 crore on a standalone basis. The core net interest income (NII) growth came at a multi quarter low of 7.3 per cent to Rs 19,553 crore for the reporting quarter.
The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.
US President Donald Trump has said that India should not be "dumping" rice into the United States market and he will "take care" of it, while stressing that tariffs will solve the "problem" easily.
Trump claimed that he "got a call from Prime Minister Modi saying, 'we're done'. I said, 'you're done with what?'" Trump said and claimed Modi replied: "We're not going to go to war."
India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.
Bajaj Finance, Bharat Electronics, Tata Steel, Tata Consultancy Services, NTPC, Trent, Asian Paints and Axis Bank were the major laggards among Sensex stocks. However, Tech Mahindra, ICICI Bank, Power Grid, Hindustan Unilever and Reliance Industries were among the gainers.
Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
The rupee continued to face pressure in the first half of the current financial year (FY26), hitting fresh lows against the dollar, due to strengthening of the greenback, rising crude oil prices, and foreign outflows. Rupee has depreciated by 3.7 per cent so far in the current financial year after starting at a good note in April.
A Bangladesh court has convicted former Prime Minister Sheikh Hasina and British MP Tulip Siddiq in a land scam case, sentencing them to imprisonment. The verdict also includes other government officials and Hasina's sister, raising questions about extradition and political motivations.
The KSTDC's post on 'X' on October 28, promoting its two-night and three-day tour package to the hill station said, " Seeking thrill or tranquillity? Find both in Wayanad! Trek scenic trails, chase waterfalls & meet the wild with KSTDC. Your perfect nature escape awaits."
In a measured but scathing attack, Congress MP Priyanka Gandhi Vadra on Monday accused the Bharatiya Janata Party of committing a 'big sin' by creating a controversy over Vande Mataram and claimed that the government pushed for a debate on the national song as the West Bengal assembly polls were approaching.
The rupee is undervalued as compared to its peers, shows the latest data from the Reserve Bank of India (RBI), even as the local currency keeps hitting new lows.
Opposition parties in India are demanding a discussion on the Special Intensive Revision (SIR) of electoral rolls and national security in the upcoming Winter Session of Parliament. They raised concerns about federalism, national security, and the purity of voter lists during an all-party meeting.
From the Sensex firms, Infosys climbed 3.86 per cent. HCL Tech, Tata Consultancy Services, Axis Bank, Kotak Mahindra Bank, Titan and Tech Mahindra were also among the gainers. However, Eternal, UltraTech Cement, Bharti Airtel and Adani Ports were among the laggards.
