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.
The Food Safety and Standards Authority of India (FSSAI) has clarified that the display of expiry and 'best before' dates on packaged food products sold on e-commerce platforms is governed by the Legal Metrology (Packaged Commodities) Rules, 2011, which are administered by the Department of Consumer Affairs (DCA).
Railways' Sonam Uttam Maskar won gold in the women's 10m air rifle event at the Kumar Surendra Singh Memorial Shooting Championship, with Elavenil Valarivan taking silver. Tilottama Sen, Sanvi R.P. also secured titles in junior and youth categories respectively.
India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).
A 55-year-old man died after falling into an open manhole in Mumbai during heavy rains, leading to the Brihanmumbai Municipal Corporation (BMC) suspending four officials and initiating a homicide case against the responsible contractor for alleged negligence.
The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food business operators, including Emami Healthy & Tasty and Plan B, for using misleading brand names, trade names, and product claims that violate the Food Safety and Standards Act, 2006.
Delhi Police have arrested a 36-year-old woman, Vaishnavi Chavan Chauhan, for allegedly stealing a gold mangalsutra from a devotee at Gurdwara Bangla Sahib. The stolen ornament has been recovered from her possession following a complaint lodged by the victim.
Three individuals have been arrested in Nagpur, Maharashtra, for allegedly murdering two fruit vendors following a dispute over work-related issues. The victims sustained severe head injuries and died on the spot after being attacked with bricks, stones, and a sharp weapon.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.
Delhi Police have arrested a 24-year-old man for allegedly killing two people in Uttam Nagar due to personal rivalry. The accused had been on the run since December and was declared a proclaimed offender.
Patan Police have busted a large-scale cyber fraud racket, arresting 14 individuals involved in illegal transactions worth Rs 398.43 crore through 13 'mule accounts'. The operation, dubbed "Operation Mule Hunt 2.0", uncovered a network linked to 228 inter-state cyber fraud complaints, where individuals were lured to open bank accounts used to channel proceeds of cyber crimes.
A Delhi court has ordered the immediate release of a man mistakenly arrested in connection with a fatal clash between two families during Holi in Uttam Nagar. The court criticised the investigating officer for not taking prompt action despite knowing about the wrongful arrest.
India's unemployment rate reached an 11-month high of 5.5 per cent in May, up from 5.2 per cent in April, according to the National Statistics Office, indicating a softening labour market as labour-force participation also eased.
Himanshu Dhillon secured a dramatic last-shot victory in the men's 10m air rifle at the T4 national selection trials. Deeksha Vaishya won the women's air rifle, and Suraj Sharma topped the men's 25m rapid-fire pistol event, with these results impacting national rankings and Asian Games team selections.
The Consumer Affairs Ministry is developing machine-readable SMART standards using AI to reduce industry compliance burden. This initiative aims to modernise India's standards ecosystem, with the Bureau of Indian Standards transitioning from a regulator to a facilitator, promoting private sector testing and faster processes.
Ishan Kishan has all the requisite skills to be a successful Test batter but unfortunately the Indian red ball squad doesn't have any place for him, former skipper and ex-selection committee chairman Krishnamachari Srikkanth said.
The Supreme Court has granted bail to Shubham Saxena, accused of siphoning off Rs 22 crore from a real estate company, primarily due to his prolonged pre-trial detention of over four and a half years. This decision overturns a Delhi High Court ruling that had denied bail citing the gravity of the economic offence.
The Jharkhand High Court has reserved its order in the criminal appeal filed by Rahul Verma and Lakhan Verma, who were convicted for the murder of Dhanbad Judge Uttam Anand. The incident occurred on July 28, 2021, when an autorickshaw hit Anand during his morning walk.
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
rediffGURU Ulhas Joshi answers your mutual fund queries.
A police inspector with the Telangana Cyber Security Bureau has been arrested by the Anti-Corruption Bureau (ACB) for allegedly demanding and accepting a bribe to protect the family and friends of an individual booked in a cyber fraud case.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Police in Sambhal, Uttar Pradesh, have registered a case against a postal assistant after suspicious transactions worth approximately Rs 4.5 crore were allegedly detected in his bank accounts.
Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.
BJP leaders Rajeev Chandrasekhar and B B Gopakumar have accused both the UDF and LDF governments of pushing Kerala into an economic crisis. They criticised the lack of solutions from the ruling fronts, highlighted the state's high public debt, and questioned the allocation of revenue for development versus salaries and pensions.
A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.
'His charisma, charm and skills remain untouchable.'
The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.
Twenty-two rowers have been inducted into the Target Olympic Podium Scheme (TOPS) Development Group to prepare for the Asian Games in Aichi-Nagoya, Japan. The selection, made by the Mission Olympic Cell, includes prominent names like Balraj Panwar and Arvind Singh.
The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.
A man has been arrested in Delhi for allegedly stabbing a juvenile multiple times due to the victim's relationship with the man's sister. The incident occurred in Meera Bagh, where the victim was left for dead in a drain.
Gujarat cyber police have arrested 13 individuals allegedly involved in a network responsible for 982 cyber crimes across India, resulting in losses of over Rs 631 crore.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
Delhi Police have arrested a social media influencer for allegedly posting objectionable content targeting the family of the late businessman Sunjay Kapur.
Union Minister Virendra Kumar has directed officials to ensure swift justice for the family of Tarun Khatik, who was killed in Uttam Nagar, Delhi. The minister met with the victim's parents and assured them of support at both central and state levels.
Police in Bareilly have uncovered a sophisticated child trafficking ring, allegedly kingpinned by a nurse, that targeted vulnerable women and arranged illegal sales of newborns. The racket was exposed after the abduction of a toddler, leading to multiple arrests and the identification of a wider network involving fake medical practitioners and links to private hospitals and IVF centres.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
Gujarat police have uncovered cyber frauds worth Rs 2,289 crore and arrested 638 individuals as part of 'Operation Mule Account 1.0', a state-wide crackdown on online criminals launched in 2025.
A 29-year-old man died after allegedly setting himself on fire outside his wife's residence in northwest Delhi. The incident occurred after his wife left him due to domestic violence and allegations that he misrepresented himself as an Indian Forest Service officer.
