Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.
IT major Wipro reported a consolidated net profit of Rs 3,501.8 crore for March quarter FY26, a 1.89 per cent decrease from the previous year, amidst a challenging macroeconomic environment. The company also announced a mega Rs 15,000 crore share repurchase programme.
A special court in Mumbai discharged NCP (SP) MLA Rohit Pawar and others in a case registered by the Enforcement Directorate concerning an alleged Rs 25,000 crore scam at the Maharashtra State Co-operative Bank (MSCB). The court stated that the money laundering case could not proceed without a predicate offence.
The Vishva Hindu Parishad (VHP) has appealed to the United Nations to intervene on behalf of religious minorities in Pakistan and Bangladesh, citing human rights violations.
'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'
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.
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.
HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
A tribal man in Odisha was forced to carry his sister's exhumed skeleton to a bank to prove her death and withdraw her money, sparking outrage and prompting government intervention.
Delhi Police have arrested a 38-year-old woman, identified as Paro, who is allegedly the kingpin of a racket targeting women at hospitals and temples, stealing their jewellery and other valuables. She was wanted in multiple cases and had been declared a proclaimed offender.
The Supreme Court has stated that roads cannot be blocked for religious activities and that while religious denominations have autonomy in worship, the government can interfere if secular activities are affected.
As heart disease increasingly impacts young Indians, understanding the complexities of health insurance, including higher premiums, waiting periods, and the benefits of specialised cardiac policies, becomes vital for financial protection.
The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
A Delhi court rejected I-PAC co-founder Vinesh Chandel's interim bail plea in a money-laundering case linked to an alleged coal scam, citing a lack of exceptional humanitarian grounds.
Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.
Aam Aadmi Party MLA Chaitar Vasava and a relative of a deceased factory worker in Gujarat's Bharuch district slapped each other amidst tensions over compensation for the victims of a recent factory fire.
Employees with artificial intelligence skills are likely to see better salary increments in the coming years, especially in technology, GCCs, and BFSI sectors, according to TeamLease Edtech.
Delhi Police have arrested Rakesh Sharma, wanted in connection with a blackmail and extortion case in Gurugram. Sharma allegedly extorted money from a woman by threatening to circulate private videos of her. He was apprehended near the Patiala House Courts Complex.
Commodity markets, especially the metals, are among the most volatile segments of the Indian financial ecosystem. To traders involved in commodity trading, it is not only helpful to keep track of the daily price changes but also necessary to make informed trading decisions. Commodities like gold, silver, copper, and aluminium react to many different factors, which makes it imperative for commodity traders to watch out for metal prices every day.
Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.
JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.
Info Edge (India) shares fell 2.9 per cent after the company reported muted growth in recruitment billings for Q4 FY26, leading brokerages to expect impacted operating performance and potential margin contraction.
'The March correction was clearly due to the war and with prospects of that coming to a conclusion, there is a natural rally.'
A joint team of police and SSB seized over Rs 85 lakh in Indian and Nepalese currency and detained six persons along the Indo-Nepal border in Bahraich district.
Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.
A 22-year-old college student has been arrested for allegedly supplying drugs at a concert in Mumbai where two MBA students died of suspected drug overdose, leading police to suspect a large-scale drug racket.
Delhi Police arrested over 600 individuals and detained over 8,300 suspects during Operation CyHawk 4.0, a major crackdown on cybercrime. The operation targeted financial networks and call centres involved in online scams, recovering significant digital evidence and tracing defrauded money.
Kanpur Police busted an IPL betting racket, arresting five individuals and seizing Rs 3.91 crore in cash and betting equipment. The accused operated through an illegal website and mobile app, using master IDs to facilitate online gambling.
IT major HCLTech reported a 4.20 per cent year-on-year rise in consolidated net profit to Rs 4,488 crore for the January-March quarter of FY26, but projected a modest 1-4 per cent revenue growth for FY27, citing market volatility and reduced discretionary spending.
Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.
Traders and locals in Nainital protest outside Bhimtal Police Station, demanding the arrest of a man accused of exploiting several girls physically and financially by concealing his identity. BJP workers led the demonstration, warning of intensified action if the accused is not arrested promptly. Police have filed an FIR against the accused's mother for allegedly protecting him, and investigations are ongoing.
These offers provide some relief to engineering students impacted by the uptake in artificial intelligence (AI) tools.
Indian hotel companies are experiencing a sharp correction in share prices due to the Iran war and broader geopolitical tensions, leading analysts to cut operating profit expectations and valuations, despite structurally positive medium-term prospects.
The monumental box office success of the Dhurandhar franchise has been attributed to Director Aditya Dhar's creative vision, rather than lead star Ranveer Singh's appeal.
Mixed-use real estate projects, integrating residential, commercial, retail, and hospitality segments, are gaining significant traction in India as developers seek to maximise returns, optimise land use, and diversify cash flows, with experts predicting 35-40% of urban real estate supply will be mixed-use by 2030.
Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
Delhi Police arrested a man within six hours for allegedly staging a Rs 17 lakh gunpoint robbery in Rohini to siphon off his employer's money. The complainant, Abhishek, was later identified as the mastermind behind the fabricated robbery.
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