Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a sharp sell-off in IT stocks, a fresh surge in crude oil prices, and sustained outflows from foreign institutional investors. The Sensex dropped over 300 points, while the Nifty declined by 77.95 points.
Jammu and Kashmir Police have registered 176 cases and arrested 202 individuals in the first 50 days of their anti-drug trafficking campaign. The operation has resulted in significant seizures of heroin, poppy straw, ganja, and opium, along with the freezing of assets and demolition of properties linked to drug-related activities.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
Indian benchmark equity indices, Sensex and Nifty, surged over 1 per cent, driven by a significant correction in crude oil prices and a global market rally, fueled by improving sentiment surrounding potential US-Iran negotiations.
Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.
Axis Bank has partnered with the DP World Professional Golf Tour of India (DP World PGTI) as its official banking partner, aiming to strengthen professional golf in India.
'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
The BSE benchmark traded 44.43 points up at 76,521.93, and the Nifty quoted 17.20 points higher at 24,048.85. Track Stock markets on May 26.
A Mumbai court has refused bail to 71-year-old Prakash Dubey, who is accused of illegally acquiring 12,550 square metres of land using counterfeit government stamps and a forged power of attorney. The court cited the seriousness of the allegations and the ongoing investigation, stating that Dubey's age and medical conditions did not outweigh the gravity of the crime.
After living in India's most palatial residence for 12 years, India's first President Dr Rajendra Prasad returned to his simple hut on the banks of the Ganga. He never owned a house of his lifetime.
Delhi Police have dismantled an interstate cyber fraud syndicate with links to foreign operators in Cambodia, arresting eight individuals involved in an online investment scam. The accused, including those with advanced educational qualifications, allegedly defrauded a complainant of Rs 24 lakh through a fake online trading platform.
The ICC Women's T20 World Cup 2026 begins in England with Australia chasing a seventh title and India targeting a historic double. England, South Africa and New Zealand add to what promises to be the most competitive edition yet.
Indian benchmark indices Sensex and Nifty traded lower amid volatile trends, influenced by escalating geopolitical uncertainties in West Asia and fresh outflows from Foreign Institutional Investors (FIIs).
Cash remains dominant for many transactions despite continued expansion in digital payments across the country.
The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.
Two individuals have been arrested in Gurugram for allegedly providing bank accounts to cyber fraudsters involved in an investment scam that defrauded victims of approximately Rs 1.09 crore.
Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.
Police in Udham Singh Nagar have arrested two individuals and seized a significant amount of fake currency, uncovering a sophisticated operation involving counterfeit notes.
A special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.
A 41-year-old man in Thane has alleged that four individuals kidnapped him, assaulted him, and forced him to transfer Rs 47.25 lakh, blaming him for stock market losses incurred by their clients. The accused are middlemen who invested through the complainant.
Two individuals have been arrested in Belagavi, Karnataka, for allegedly stealing gold ornaments worth Rs 1.2 crore from the residence of an elderly doctor couple. Police have recovered a significant portion of the stolen goods and are continuing efforts to retrieve the remainder.
Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.
Gurugram Police have arrested four individuals allegedly involved in an online betting fraud operation. The accused lured users with online gaming advertisements, processed payments through QR codes, and earned commissions on deposits.
Indian equity markets experienced a volatile session, with the Sensex and Nifty recovering some ground after a significant plunge the previous day. Gains were driven by PSU bank, IT, and metal stocks, but concerns over rising fuel prices and geopolitical tensions limited the recovery.
Credit card transactions in India have surged over 2.6 times between 2021 and 2025, driven by private sector banks, while debit card usage declines due to growing adoption of UPI and digital wallets, according to an RBI report.
India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.
Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.
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.
Police in Bhilwara, Rajasthan, have arrested Shahid Mansuri on charges of forced religious conversion, sexual assault, blackmail, and financial exploitation of a 35-year-old woman. The woman alleged Mansuri befriended her, sexually assaulted her, blackmailed her with videos, forced her conversion and marriage in Delhi, and along with his family, extorted money and valuables from her. An investigation is ongoing to determine the involvement of others and examine financial transactions.
India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.
The 10th edition of the ICC Women's T20 World Cup, starting on June 12 in England, offers several exciting possibilities. Take a look at the contenders and challengers.
Read all account documents, ask questions, and conduct basic due diligence before agreeing to become a joint holder.
An 85-year-old retired MCD official, declared brain-dead after a severe stroke, became an organ donor, saving multiple lives. His family's compassionate decision highlights the critical need for increased organ donation awareness in India, where deceased donor rates remain low despite high demand for transplants.
Authorities in Jalgaon district, Maharashtra, exhumed the remains of a 12-year-old boy, Ganesh Naval Patil, after his family suspected foul play in his death, which occurred two-and-a-half months prior when he collapsed after being struck by a bat while playing cricket.
The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.
'Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.' 'The authority must demonstrate a rational nexus between the property frozen and the alleged offence.'
Delhi Police busted an illegal forex trading call centre in Indore, arresting six individuals involved in defrauding victims nationwide through fake online investment schemes. The syndicate allegedly used a fake trading platform to lure people into investing in forex and online trading products, showing fabricated profits and gains.
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.
