The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.
SBI General Insurance aims to achieve a 10 per cent market share among private and standalone health insurers within approximately five years, up from its current 7.17 per cent, said Naveen Chandra Jha, managing director and chief executive officer, SBI General Insurance.
The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.
Police in Arunachal Pradesh have arrested three individuals in connection with two separate cases of sexual assault against minors in Tawang and East Kameng districts.
India's unemployment rate for individuals aged 15 and older increased to 5.1 per cent in March 2026, up from 4.9 per cent in February, primarily due to a rise in joblessness in urban areas, according to government data.
OpenAI reports India is a leading AI market with strengths in coding, data analysis, and reasoning, but adoption is heavily concentrated in top cities, highlighting a significant regional disparity.
The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.
Amritpal Singh Mehron, the main suspect in the murder of social media influencer Kanchan Kumari, has been arrested after being deported to India from the Middle East.
Unidentified individuals opened fire at the residence of a social media influencer in Thane, Maharashtra, prompting a police investigation. No injuries were reported, but a vehicle was damaged in the incident.
Telangana Cyber Security Bureau (TGCSB) arrested five individuals for supplying over 600 Indian SIM cards to a cyber fraud syndicate operating from Cambodia, which defrauded Indian citizens of crores of rupees.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
Amritpal Singh Mehron, the primary suspect in the murder of social media influencer Kanchan Kumari, has been arrested after being deported to India from the Middle East. He was apprehended at Delhi's airport and is now in police custody.
A Gurugram court has sentenced an irrigation department executive engineer and a computer operator to four years' imprisonment each in a corruption case registered by the Anti-Corruption Bureau in December 2022.
A social media influencer in Pilibhit, Uttar Pradesh, was arrested after allegedly making derogatory remarks against the Valmiki community in a video posted online, leading to protests and road blockades.
The net liquidity surplus in the banking system fell to Rs 16,875 crore on Thursday the latest data by the Reserve Bank of India (RBI) showed, lowest since 22 January.
The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.
The Enforcement Directorate (ED) has attached fresh properties worth over Rs 5,000 crore as part of its money laundering investigation against Chandigarh-based PACL (Pearls Group), accused of orchestrating a Rs 48,000 crore ponzi scheme.
A social media influencer's home in Thane, Maharashtra, was attacked in a shooting. Police apprehended one suspect after a chase, during which two bystanders were injured.
The Central Board of Indirect Taxes and Customs (CBIC) has enabled UPI, debit, and credit card payments for Customs duty on the ICEGATE portal, enhancing ease of doing business for importers and exporters.
Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.
A bank manager in Ghaziabad was shot dead by a security guard following disputes over salary and leave, leading to the arrest of the guard and an accomplice.
Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.
Indian benchmark stock indices Sensex and Nifty rallied for the second consecutive day, closing nearly 1 per cent higher, driven by gains in metal and auto sectors and positive global market trends.
Uttam Ghosh gives us his unique take on the longer work hours debate.
Indian benchmark stock indices Sensex and Nifty rebounded, closing over 1% higher, mirroring a global equities recovery after recent losses due to geopolitical tensions.
The Reserve Bank of India's 2024 norms for the voluntary conversion of Small Finance Banks (SFBs) into universal banks, particularly the subjective 'diversified loan portfolio' criterion, are proving to be a significant hurdle, with Ujjivan SFB and Jana SFB having their applications returned.
The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.
The Supreme Court has criticised the Ghaziabad police's investigation into the rape and murder of a four-year-old girl, summoning senior officials and demanding a court-monitored probe.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
A Deloitte report reveals that Indian enterprises are leading the world in large-scale AI adoption, but are facing a significant skills gap in AI expertise.
The Telangana government's salary structure reveals surprising figures, with senior sweepers earning up to 2 lakh and chief engineers drawing 7 lakh monthly.
Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.
Bihar Police arrested 141 people in a state-wide crackdown on mule bank account networks allegedly used for cyber fraud. The operation, 'Cyber Prahar 2.0', led to the registration of 86 FIRs and uncovered collusion by bank employees.
Mumbai hotels and restaurants are facing potential closures due to a critical shortage of commercial LPG cylinders, with similar disruptions reported across India. The crisis stems from revised government priorities for domestically produced natural gas, impacting the hospitality sector and potentially affecting tourism.
The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.
Maharashtra's Sarvesh Anil Kushare and Tamil Nadu's Vithya Ramraj secured victories in high jump and 400m hurdles respectively at the Indian Athletics Series in Ranchi. Sarun Payasingh also won the men's long jump event.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.
India's unemployment rate saw a marginal decrease in February 2026, according to the Periodic Labour Force Survey (PLFS). The survey highlights changes in urban and rural unemployment rates, as well as labour force participation and worker population ratios.
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