The Jharkhand Criminal Investigation Department (CID) has arrested another person in connection with the alleged Hazaribag treasury scam, bringing the total number of arrests to six. The investigation, ordered by the Jharkhand government, focuses on the illegal withdrawal of money from the Hazaribagh Treasury. A Special Investigation Team (SIT) has been formed to handle the case.
The US Treasury Department is exploring the possibility of featuring Donald Trump's portrait on a new $250 note, pending congressional approval to amend the law that prohibits living individuals from being depicted on US currency.
The Jharkhand Criminal Investigation Department (CID) has uncovered a money trail of Rs 10 crore related to the Bokaro treasury scam, freezing several fixed deposits and arresting multiple individuals, including police personnel and an accountant.
Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.
Rajya Sabha Chairman C P Radhakrishnan stated he is constantly under pressure from Leader of Opposition Mallikarjun Kharge, particularly after disallowing Kharge's attempt to raise the alleged theft of Ayodhya Ram Temple donations. Radhakrishnan also mentioned disallowing Treasury benches from raising the "Jharkhand issue," asserting that state subjects cannot be debated in the House. The session saw continuous disruptions, leading to an adjournment.
Opposition parties in Jharkhand are demanding the release of salaries for police personnel, which have been withheld following the discovery of irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not been paid since March, prompting calls for a thorough investigation and prompt action from the state government.
Jharkhand's Finance Minister has ordered a statewide investigation into alleged fraudulent salary withdrawals from government treasuries, following reports of irregularities in multiple districts.
Union Home Minister Amit Shah has written to Lok Sabha Speaker Om Birla, requesting a debate on the ongoing student protests concerning the NEET paper-leak issue. Shah expressed his readiness to participate and answer all questions, emphasising that dialogue and discussion are crucial for democratic solutions.
An accountant in Bokaro district, India, has been arrested for allegedly embezzling over Rs 6 crore from the treasury's salary disbursement account. Investigations are ongoing to determine the full extent of the fraud.
The Hazaribag Superintendent of Police (SP) Office treasury scam has seen further developments with more arrests and a significant increase in the embezzlement amount to 28 crore. The investigation continues, with authorities pursuing leads in Bihar and freezing suspicious accounts.
ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
The Hazaribag Superintendent of Police (SP) Office treasury scam has widened, with more arrests made and the embezzlement amount increasing to Rs 28 crore. The investigation is ongoing, with teams sent to Bihar to trace the money trail and assets acquired through the scam.
Kharge, who is also the Congress President, demanded that cases should be registered, under the Untouchability Act, against those who purified the stage in Haldwani, and they should be arrested and sent to jail.
The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.
Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.
US intelligence agencies intercepted information indicating Iran had precise details of President Donald Trump's location in Ankara during a NATO summit, prompting a secretive departure due to a specific surface-to-air missile threat and the presence of a shoulder-fired missile near the summit.
Parliamentary Affairs Minister Kiren Rijiju asserted in Lok Sabha that the Opposition cannot dictate which minister responds to questions, amidst demands for Home Minister Amit Shah to address police action on protesting students. The House faced continuous disruptions, leading to adjournment.
Descendants of a Madhya Pradesh businessman are seeking repayment from the UK government for a Rs 35,000 loan made during World War I. The UK Debt Management Office has responded, asking for further documentation to examine the claim, which the family estimates to be worth crores today with interest.
A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.
Home Minister Amit Shah has offered to hold a comprehensive debate in Parliament on student protests and other pressing issues, but Congress leader Rahul Gandhi has swiftly rejected the proposal, demanding accountability for actions against students.
Prashant Kishor, founder of Jan Suraaj Party, secured a significant victory in the Bankipur Assembly bypoll, breaching a BJP bastion, while independent candidates sharing names with Bihar's political stalwarts, Lalu Prasad and Nitish Kumar, failed to make an impact and lost their security deposits.
Indian benchmark indices, Sensex and Nifty, opened in positive territory, primarily driven by a strong performance in IT stocks, sustained foreign fund inflows, and a dip in global crude oil prices, despite a hawkish stance from the US Federal Reserve. Track Sensex, Nifty on July 30.
Congress leader Rahul Gandhi has called for an independent Supreme Court-monitored high-powered committee to investigate alleged brutalities against students during protests. He also demanded the sacking of Union Home Minister Amit Shah, accusing him of culpability or incompetence regarding the police action, including the use of pellet guns. The BJP has refuted Gandhi's allegations, calling them baseless.
Uttar Pradesh Chief Minister Yogi Adityanath has accused anti-India forces of using social media to spread rumours and mislead society, calling it a 'medium' for conspiracies against the country. He also criticised the alleged historical neglect of Indian revolutionaries in favour of one political family.
Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.
Union Minister Jitendra Singh refuted Rahul Gandhi's allegations in Lok Sabha that Home Minister Amit Shah ordered firing on students protesting the NEET fiasco. Singh clarified that no bullets were fired, only tear gas was used, and the authority to order firing rests with a magistrate, not a minister. He also dismissed Gandhi's claims about Shah's cavalcade and foreign travel, criticising the opposition leader for making unsubstantiated remarks during a heated parliamentary debate.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
India's banking system liquidity has fallen to its lowest level in over three weeks, driven by robust credit growth and potential RBI intervention in the foreign exchange market, according to the latest data from the Reserve Bank of India.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.
Andy Burnham has officially taken office as the new UK Prime Minister, pledging to make politics more about problem-solving and usher in a 'circuit breaker' moment for the country with significant political and economic changes.
Leader of Opposition Rahul Gandhi launched a scathing attack on Home Minister Amit Shah, alleging he authorised police excesses against student protesters and was 'scared' to face Parliament. Gandhi also accused the RSS of controlling India's education system and promoting 'andhbhakts'.
Monday's proceedings demonstrated that the legislative debate has become inseparable from the broader political crisis surrounding the NEET controversy.
A heated exchange occurred in the Maharashtra assembly between Speaker Rahul Narwekar and Shiv Sena (UBT) MLA Aaditya Thackeray regarding the "act of God" defence for heavy rains and related incidents. The debate escalated to include climate change and alleged embezzlement at the Ram temple, leading to a brief adjournment.
Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.
ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
