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.
The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, officials said.
A 40-year-old man in Telangana allegedly killed his wife and two children before dying by suicide due to mounting debts, police said.
Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.
Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
On January 26, Deepak confronted Bajrang Dal members who were demanding that a 70-year-old shop owner, Vakil Ahmed, change the name of his shop, 'Baba' clothing store, on Patel Marg.
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.
The Delhi government's Health Department has received an audit report highlighting alleged financial and administrative irregularities within the Delhi Medical Council (DMC) between 2019 and 2025.
The Enforcement Directorate conducted raids across Maharashtra and Gujarat targeting Mohammad Salim Dola, a recently extradited drug trafficker with alleged ties to Dawood Ibrahim, as part of a money laundering investigation.
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.
Six labourers died and three were injured when part of an under-construction bridge collapsed in Hamirpur, Uttar Pradesh, following a storm. The incident occurred early Friday morning as labourers slept on a slab of the bridge.
CRISIL Ratings predicts that the share of bank loans in NBFCs' overall borrowings will increase to 44-45 per cent by FY27, driven by elevated bond yields and softening bank lending rates.
Lalit Modi reveals how a hesitant Shah Rukh Khan was persuaded to buy Kolkata Knight Riders in 2008, helping create one of the IPL's most iconic franchises.
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
The Calcutta High Court has granted conditional bail to Sudipta Sen, the main accused in the multi-crore Saradha ponzi scheme, potentially leading to his release after 13 years in jail.
A 44-year-old worker died of suffocation while cleaning a drain in Thane, Maharashtra. Police have registered a case against a contractor and civic officials for alleged negligence.
The Nadia district administration has launched an investigation after 173 male names were detected in the beneficiary list of the 'Lakshmir Bhandar' scheme meant for women in Dhubulia area.
Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.
The West Bengal government has sanctioned the prosecution of Sandip Ghosh, former principal of R G Kar Medical College and Hospital, in connection with a case of financial irregularities. The decision follows a Calcutta High Court order and subsequent investigations by the CBI and Enforcement Directorate.
Uttar Pradesh DGP Rajeev Krishna announced a conviction rate of over 93 per cent due to the state's 'zero tolerance' policy against crime. Authorities seized properties worth nearly Rs 788.38 crore linked to criminal activities.
The Odisha Gymnastics Association is under investigation for allegedly using the name of its deceased president to secure funds from the state government. A complaint questions the association's governance and financial practices, including the sanctioning of funds from multiple agencies for the same event.
The Bihar government, led by Chief Minister Samrat Choudhary, has renamed the Sanjay Gandhi Biological Park as 'Patna Zoo' and the Sanjay Gandhi Institute of Dairy Technology as 'Bihar State Institute of Dairy Technology'. The cabinet also approved significant allocations for electricity subsidies, college establishments, and infrastructure projects.
Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.
The rupee plunged to a fresh low of 93.72 against the dollar on Friday, falling 1.15 per cent in a single session - its sharpest one-day decline since February 24, 2022 - as elevated crude oil prices and strong dollar demand from oil-marketing companies and foreign portfolio investors (FPIs) weighed on the currency.
The Enforcement Directorate (ED) reported a decrease in arrests related to money laundering cases but a significant increase in asset seizures during the last financial year. The agency also saw a rise in searches and chargesheets filed.
Kerala Police have arrested 12 people in connection with the violent attack on Enforcement Directorate officials who had searched the residence of former Kerala Chief Minister Pinarayi Vijayan. The ED searches were linked to financial dealings between Vijayan's daughter's firm and a sand mining company.
Forest personnel in Maharashtra have captured a cub of tigress T2, which killed four women in Chandrapur district. Efforts are underway to trap her three other cubs.
ITC reported a 6.1 per cent year-on-year growth in its consolidated adjusted net profit from continuing operations, reaching ~5,469.74 crore in the January-March quarter (Q4FY26), primarily fuelled by strong performances in its cigarettes and non-cigarette fast-moving consumer goods (FMCG) businesses.
Earlier, most investors counted on traditional options like fixed deposits, gold, or property. But in 2026, you will have access to a much wider range of opportunities across different markets and sectors.
Infosys reported a 20.8 per cent increase in consolidated net profit to 8,501 crore for the January-March quarter of FY26, with revenue from operations rising 13.4 per cent to 46,402 crore. The IT major has guided for a 1.5 to 3.5 per cent revenue growth for FY27, driven by momentum in financial services, utilities, and emerging AI services, despite a volatile macroeconomic environment and geopolitical risks.
Markets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion through onboarding of new investors in the space.
A special PMLA court in Mumbai has remanded self-styled godman Ashok Kharat to the custody of the Enforcement Directorate (ED) until May 26 in connection with an alleged Rs 70 crore money laundering case.
rediffGURU T S Khurana answers readers' personal income tax queries
The Jharkhand government will provide financial assistance to victims of crime or their dependents under the Jharkhand Victim Compensation Scheme, 2016. Minimum compensation amounts have been fixed for various crimes, with applications submitted to the District Legal Services Authority (DLSA).
Jammu and Kashmir police have dismantled an interstate Lashkar-e-Taiba (LeT) terror module, arresting five individuals, including a fugitive who had been on the run for 16 years. The operation involved multiple agencies and uncovered a network providing logistical and financial support to terrorists.
The Enforcement Directorate (ED) in India reported a decrease in arrests related to money laundering cases during the last financial year, but the value of assets attached reached a record high. The agency attributed the changes to more targeted investigations and increased efficiency in asset recovery.
Authorities in Ghaziabad intensified verification drives and sealed three unrecognised madrassas in the Khoda area following the murder of a 17-year-old boy. The incident has led to heightened security measures and political reactions.
Ravichandran Ashwin has called for urgent measures to safeguard Test cricket, stressing the importance of first-class cricket as the pathway to the longest format and warning that young players need stronger incentives to pursue red-ball careers.
