Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.
A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.
A woman from Delhi recounts the harrowing experience of a boat capsizing at Bargi Dam in Madhya Pradesh, highlighting alleged negligence and lack of safety measures.
India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.
India is set to compete in the Billie Jean King Cup Asia-Oceania Group I ties, aiming for promotion to the 2026 play-offs. Despite a setback with Shrivalli Bhamidipaty's withdrawal, the team hopes to capitalise on home advantage.
The Enforcement Directorate (ED) has filed a prosecution complaint against Anil Nutrients Ltd, its director, and six others in connection with a money laundering case involving an alleged fraud of Rs 47.88 crore with Bank of India.
The Infinix Note 60 Pro is now on sale across India -- the entry model is equipped with 8 GB memory and 128 GB storage. It is priced at 31,999.
Delhi Police have dismantled an organised interstate auto-lifting syndicate involved in stealing high-end vehicles, tampering with chassis numbers, and fraudulently re-registering them using forged documents. Ten key members of the racket have been arrested, and 31 stolen luxury vehicles have been recovered.
Delhi Police arrested a 22-year-old woman for allegedly providing mule bank accounts to an interstate cybercrime network, recovering numerous ATM cards, cheque books, and electronic devices.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.
A former scheduled caste promoter of the Thiruvananthapuram Corporation was arrested in connection with an alleged Rs 75 lakh subsidy fraud under a self-employment scheme for women of the marginalised community.
Unidentified individuals stole a bag containing Rs 24.30 lakh from the parked car of an accountant in Khargone, Madhya Pradesh, while he was having tea.
The Indian government has issued an updated Standard Operating Procedure (SOP) for processing Foreign Direct Investment (FDI) applications, aiming to clear all proposals within 12 weeks, a two-week extension from the previous 10-week target, to ensure a fully paperless and transparent process.
A senior bank executive in Mumbai was defrauded of 97.78 lakh by cyber criminals through a fake share market investment scheme.
A tragic cruise boat accident at Bargi Dam in Jabalpur, Madhya Pradesh, has claimed nine lives after a sudden storm caused the vessel to capsize, prompting extensive rescue efforts.
'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'
Bilaspur police have registered a criminal case against a businessman accused of selling a stolen vehicle and defrauding a buyer of approximately Rs 14 lakh.
The Anti-Corruption Bureau registered an FIR, while the state government constituted a committee to examine the fraud.
The University of Chicago has conferred its Alumni Award for Professional Achievement to India's former chief economic adviser Krishnamurthy V Subramanian, the first Indian economist to receive the honour since 1941.
The Anti-Corruption Branch (ACB) has arrested nine individuals linked to coaching institutes in connection with an alleged Rs 37.20-crore scam involving a Delhi government scheme.
Reliance Group chairman Anil Ambani did not appear before the Enforcement Directorate for questioning in a money laundering case linked to an alleged bank fraud. The ED is investigating loan fraud allegations against multiple Anil Ambani group companies.
Jammu and Kashmir Lieutenant Governor Manoj Sinha has accused Pakistan of targeting the region's youth by flooding the streets with drugs, vowing to combat the menace and protect the younger generation.
'There is a challenge in repositioning yourself, maybe reinventing yourself.'
S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.
Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.
Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.
Rajasthan Police have issued an advisory warning citizens about potential cyber fraud attempts disguised as part of the ongoing digital census. Scammers may use various methods, including fake calls, messages, and in-person visits, to steal personal and financial information.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
Reliance Power clarifies that Amitabh Jhunjhunwala, arrested in a money laundering case, has not been associated with the group since 2019. The case involves alleged bank loan fraud through Reliance Group companies.
Indian benchmark indices, Sensex and Nifty, closed almost unchanged in a volatile session as investors reacted cautiously to mounting geopolitical headwinds and a significant jump in crude oil prices, with Brent crude surging to USD 94.68 per barrel.
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.
Congress leader P T Ajay Mohan has discouraged discussions on who should be the CM before the Assembly poll results, expected on May 4.
The Reserve Bank of India (RBI) has introduced stricter timelines for banks to process inward cross-border remittances, aiming to reduce delays in crediting funds to beneficiaries by mandating immediate customer intimation and more frequent nostro account reconciliation.
A Delhi court has dismissed the bail plea of an alleged kingpin in an over Rs 8.94 crore bank fraud case, citing the gravity of the offence and its systematic execution through layered transactions.
A Delhi family's sightseeing trip in Madhya Pradesh turned into a tragedy when a cruise boat capsized in the Bargi reservoir, resulting in the death of three family members. Negligence is alleged by relatives.
Indian equities are experiencing their sharpest rebound in years, with the BSE 500 index rallying 12.1 per cent so far this month, echoing Covid-era recoveries despite ongoing geopolitical uncertainty and earnings risks.
A river cruise boat carrying 29 passengers overturned in the Bargi dam reservoir near Jabalpur after encountering a sudden storm, resulting in four deaths and a large-scale rescue operation.
A joint team of the Anti-Narcotics Task Force and police arrested an alleged drug smuggler along the Indo-Nepal border and seized 6.77 kg of charas, valued at around Rs 1.50 crore.
Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.
Samples of food consumed by a Mumbai family of four, who died of suspected food poisoning, have been sent for chemical analysis. Police are also investigating potential stress factors and the possibility of suicide.
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