The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
Families of the AI-171 crash victims are demanding the release of black box data and cockpit voice recorder transcripts, questioning the Aircraft Accident Investigation Bureau's (AAIB) decision to withhold this crucial information while promising only a final probe report.
In a social media post, former Japanese minister Hideki Makihara blamed the Indian side's approach to the project as being one of 'sheer chaos', of not keeping promises, and of continuously 'pushing their own self-interest'.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Ayatollah Ali Khamenei was killed in US-Israeli strikes on February 28.
External Affairs Minister S Jaishankar lodged a strong protest with US Secretary of State Marco Rubio over US Navy attacks in the Gulf that killed three Indian mariners. India also summoned the US Charge d'Affaires in New Delhi regarding the incident.
A central government committee has upheld the ban on the Diljit Dosanjh-starrer film Satluj, citing concerns over India's sovereignty and integrity, sparking political debate in Punjab.
Most members of the Reserve Bank of India's Monetary Policy Committee (MPC) expressed concerns about inflation becoming generalised and highlighted uncertainties surrounding both inflation and growth prospects due to the West Asia conflict, according to the recently released minutes.
The Reserve Bank of India (RBI) has mandated that banks must dispose of immovable assets acquired against bad loans within seven years through public auction, effective October 1, 2026, and has also barred their sale back to the original borrower or related parties.
Former Shiv Sena (UBT) Lok Sabha member Vinayak Raut, his son, and five others have been booked for allegedly physically, mentally, and financially torturing his daughter-in-law, Girija Raut, and subjecting her to black magic. The complaint details allegations of abuse, medical negligence, and occult rituals, which the Raut family vehemently denies, stating the accusations are an attempt to pressure them amidst ongoing divorce proceedings.
India has condemned the attack on the Cyprus-flagged container ship M/V GFS Galaxy in the Strait of Hormuz, which resulted in one Indian crew member going missing. The United States responded with a third round of retaliatory strikes against Iranian targets, further escalating tensions in the Gulf.
Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.
'Banking is the only sector that can see double-digit growth in FY27.'
Prime Minister Narendra Modi's visit to New Zealand culminated in the elevation of bilateral ties to a strategic partnership, with a focus on doubling trade and enhancing cooperation in sports and the Indo-Pacific region. Modi and his counterpart Christopher Luxon attended a sports showcase, acknowledging a century of sporting ties and discussing future collaborations, including India's preparations for the Commonwealth Games 2030. The visit also saw 18 concrete outcomes and 10 agreements signed, alongside discussions with business leaders.
India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.
'Start with forgiveness,' counsels rediffGURU Archana Deshpande, an image consultant and founder of TransformMe Life Skills Coaching.
'Those under pressure from the BJP and the police, or due to court cases, the ED, CBI, CID, local police officers, or the STF, I request that you make your decision before July 21.'
External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.
The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.
The Maharashtra Food and Drug Administration has suspended the licence of Mumbai's renowned K Rustom ice cream parlour due to severe hygiene and food safety violations. An inspection revealed live rats and flies, expired flavouring agents, and ice cream with insufficient milk fat, leading to the parlour's closure under the 'Safe Food, Safe Maharashtra' campaign.
Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.
rediffGURU Nayagam PP, a certified career counsellor and the founder of EduJob360, answers admission related questions and guides aspirants on how to pick the right stream and college.
India's first hydrogen-powered train, to be flagged off by Prime Minister Narendra Modi from Haryana's Jind railway station on Friday, is equipped with multi-layer safety systems capable of detecting hydrogen leaks, heat, flames and smoke.
Market participants are keenly awaiting regular, preferably weekly, updates from the Reserve Bank of India (RBI) on Foreign Currency Non-Resident (Bank), or FCNR (B), deposits, following the central bank's directive for banks to submit daily data on these inflows.
Meerut SSP Avinash Pandey has defended the police's handling of a Scheduled Caste college student's death, asserting that all actions were evidence-based. He warned against disturbing law and order and appealed for peace, even as an alleged threat call to his PRO surfaced and police arrested several protesters involved in a recent demonstration.
American Olympic medallist and former World champion Jenny Simpson collapsed during a community track event in Raleigh, North Carolina, and is now receiving medical care in hospital.
'I don't see fear becoming a dominant factor for retail investors.'
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
"If you share a healthy relationship with your parents, let them know that while they are searching, you are open to meeting other men," counsels rediffGURU Shalini Singh, founder of andwemet, an online matchmaking service.
Prime Minister Narendra Modi addressed his Japanese counterpart Sanae Takaichi as his 'younger sister' and hailed her as a 'visionary and popular leader' during a joint press meet, where both leaders unveiled initiatives to deepen bilateral cooperation and strengthen the India-Japan Special Strategic and Global Partnership.
'Earlier, people used to hand money directly to priests after a ritual, and priests would keep it in their own pockets. We completely stopped that practice.'
Amid the passport row, Shashi Tharoor has proposed legal changes to simplify proof of Indian citizenship.
National Security Adviser Ajit Doval held "constructive" talks with Chinese Foreign Minister Wang Yi in New Delhi, focusing on the normalisation of bilateral ties. The discussions reviewed recent developments and progress towards rebuilding trust after the eastern Ladakh border standoff. Both sides have implemented measures, including disengagement pacts and high-level meetings, to improve relations.
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
The population is gripped by anxiety against arbitrariness and the cruelty of a state that sells its actions as minimum government, asserts Aakar Patel.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.
Capgemini has temporarily closed its Bengaluru on-campus daycare facility following reports and viral videos of alleged toddler abuse by caregivers. The IT firm is reassessing all its daycare providers across India and providing support to affected families. This action comes after Bengaluru police arrested two nannies in connection with the alleged abuse, which included threatening and mistreating children. Karnataka Home Minister Priyank Kharge condemned the incident, highlighting its negative impact on 'Brand Bengaluru' and questioning the company's due diligence.
Indian benchmark equity indices, Sensex and Nifty, extended their winning streak for a third consecutive day, driven by a rally in IT stocks and global cues suggesting a more accommodative monetary policy after softer-than-expected US jobs data.
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
