Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.
Tamil Nadu Chief Minister C Joseph Vijay has criticised the DMK for allegedly trying to gain 'political mileage' from the 2025 Karur stampede that killed 41 people, and also faulted the police for failing to alert him about the swelling crowd or cancelling the event.
The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.
Prime Minister Narendra Modi addressed the Indonesian parliament, emphasising India's commitment to development over expansionism and advocating for a free, open, and inclusive Indo-Pacific. He highlighted the strong historical ties between India and Indonesia, calling for enhanced cooperation in various sectors, including defence, technology, and counter-terrorism, amidst growing concerns over regional security.
British wildcard Arthur Fery, ranked 114th in the world, has made a remarkable run to the Wimbledon semi-finals, defeating ninth seed Flavio Cobolli and setting up a clash with French Open champion Alexander Zverev.
Senior Shri Ram Janmabhoomi Teerth Kshetra Trust functionary Champat Rai has reportedly resigned, stating his "service in Ayodhya is complete" due to the donation embezzlement controversy. He feels "betrayed," and his future, along with that of Trust member Anil Mishra, will be decided at a July 6 meeting. The controversy began with allegations from Samajwadi Party chief Akhilesh Yadav, leading to an SIT investigation, arrests, and Rai's resignation offer.
A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan
Ayodhya Police conducted simultaneous raids at the residences of eight individuals arrested in connection with the alleged embezzlement of donations at the Ram Temple. The raids followed their remand to judicial custody, with police expected to seek custodial remand. The accused were involved in counting donations, and investigators have recovered Rs 79.85 lakh so far in a case registered under various sections including the Prevention of Corruption Act.
India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
Former Rajya Sabha MP Naresh Gujral was allegedly duped of Rs 7.8 crore after cyber fraudsters impersonated him on a messaging app and tricked his company's chief financial officer into transferring funds to multiple bank accounts, the police said on Thursday.
Iran on Tuesday said that the Islamic Republic has "no plans" to hold any meetings with the United States in the coming days at any level, even as diplomatic engagements continue separately in Doha on the related implementation of the 14-point memorandum of understanding (MoU) aimed at ending the hostilities in West Asia.
Gujarat's Anti-Terrorist Squad (ATS) has arrested eight alleged members of the Pakistan-based terror outfit Jaish-e-Mohammed (JeM), including two teenagers, for attempting to establish an active terror network across Gujarat and Madhya Pradesh. The accused face charges under the Unlawful Activities (Prevention) Act and Bharatiya Nyaya Sanhita.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.
A farmer in Maharashtra received a message indicating a one-paisa credit instead of the expected Rs 2,000 under the PM-Kisan scheme, causing confusion. The Agriculture Department later clarified it was a technical error and the full instalment had been successfully processed.
Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.
Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.
'Actual implementation of the 14-point agreement is proving hard to achieve let alone striking and sustaining a long-term treaty or deal.'
The monsoon session of Parliament will set the tone for how the Hindu community feels about what happened at the Ram Mandir. Whether emotions will be stirred within the voters of India lies solely at the oratory skills of the Congressis and Samajwadis, notes Zainab Sikander.
The case for long-term investment in gold, however, remains intact.
Items include luxury watches, jewellery, carpets, shawls, silverware and collectible artefacts with bidding prices reaching up to Rs 20 lakh.
Direct plans of mutual fund schemes added nearly 21 million individual investor folios in FY26 (as of February), surpassing regular plans' 15 million net additions, marking only the second time direct plans have outpaced regular plans in annual folio growth, despite turbulent equity markets.
The Indian government has ratified an 8.25 per cent interest rate on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, with over seven crore contributing members expected to see this credited to their accounts this month.
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
The Ayodhya Development Authority has issued a notice to the wife of a Ram temple donation theft accused for alleged unauthorised construction, as police intensify their investigation into the embezzlement case. Recoveries of cash, gold, silver, and a "Ramrajya Kosh" donation box have been made, and eight people have been arrested.
Ayodhya Police have taken Ram Shankar Yadav into custody following an FIR alleging embezzlement of donations at the Ram Janmabhoomi Temple. The complaint, lodged by a member of the Shri Ram Janmabhoomi Teerth Kshetra Trust, names nine individuals and others for systematic theft and misappropriation of funds. A Special Investigation Team (SIT) was formed, and its preliminary findings led to the FIR. Chief Minister Yogi Adityanath has vowed a 'zero-tolerance' policy and urged evidence submission to the SIT.
Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.
The investigation into alleged embezzlement of donations at the Ram temple in Ayodhya has broadened to include private security personnel. Around 400 guards are under scrutiny for their roles in managing entry, exit, and offerings, with police examining duty records, CCTV footage, and potential negligence or complicity in theft. This follows the arrest of eight individuals and the resignation of two trust members after a Special Investigation Team was formed.
The Mamata Banerjee-led faction of the Trinamool Congress has filed fresh police complaints against dissident leader Ritabrata Banerjee and his associates. The complaints accuse the rebels of illegally using the party's name, symbol, and designations to mislead workers, marking a significant escalation in the month-long internal struggle following the assembly poll defeat.
A primary school teacher, a former car mechanic, a retired bank employee and a trusted aide of a senior Shri Ram Janmabhoomi Teerth Kshetra Trust functionary -- people from diverse backgrounds are among the eight arrested in connection with the alleged embezzlement of donations at the Ram temple in Ayodhya.
A BJP MLA from Unnao, Anil Singh, has sparked controversy after a video showed him stating that those who embezzled donations from the Ram temple in Ayodhya would suffer from cancer and die painfully. His remarks come amidst a political row over alleged misappropriation of funds, leading to arrests and opposition criticism.
Aaditya Thackeray has vehemently condemned six rebel MPs, asserting that their "greed" led them to betray the voters' mandate for the INDIA bloc.
'It shows that access to these technologies cannot be taken for granted.'
If you have ever said 'I'll sort retirement later,' now is when 'later' begins.
Fintech platform CRED announced a significant funding round of Rs 8,550 crore led by Meta, coinciding with founder Kunal Shah's departure as CEO to take on the global leadership role for WhatsApp.
Info Edge, the parent company of naukri.com, has invested over 1,000 crore in more than 50 artificial intelligence (AI) and deep-tech startups since 2020, demonstrating its commitment to fostering India's emerging technology ecosystem.
Electronics manufacturing leader Foxconn has injected USD 37.2 million into its Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, increasing its stake to nearly 100 per cent. This investment reinforces Foxconn's commitment to iPhone manufacturing in India.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
Net mutual fund inflows into active equity schemes in India plummeted by 40 per cent month-on-month in May, reaching a one-year low of 22,908 crore, primarily due to weaker lump-sum investments and increased redemptions amidst significant market volatility and global uncertainties.
