Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.
Delhi Police have arrested four individuals in connection with a daylight robbery near Azadpur Mandi, recovering a car purchased with the stolen money. The arrests followed an inter-state manhunt across Uttar Pradesh.
The Bombay High Court has expressed shock over the demolition of a printing press set up by Dr B R Ambedkar in Mumbai in 2016 and has criticised the city police for their inaction despite complaints.
The UK's terror threat level has been raised from 'substantial' to 'severe', meaning an attack is highly likely, following antisemitic stabbings in north-west London. The decision was made by the Joint Terrorism Analysis Centre due to rising Islamist and extreme right-wing threats.
A Mumbai sessions court has denied pre-arrest bail to two individuals accused of misappropriating funds and fraud within a residential society in Wadala, citing the necessity of custodial interrogation.
'Even last year, when India bought gold, the physical quantity was much less than the previous years.'
The University of Chicago has conferred its Alumni Award for Professional Achievement to India's former chief economic adviser Krishnamurthy V Subramanian, the first Indian economist to receive the honour since 1941.
Piramal Pharma anticipates a significant turnaround in financial year 2026-27 (FY27), projecting early-to-mid teens revenue expansion and a sharp improvement in profitability, driven by improved business momentum, new product acquisitions, and structural tailwinds.
Maharashtra minister Sanjay Shirsat has called for a police investigation into the alleged involvement of AIMIM and its ex-MP Imtiaz Jaleel in the Nashik TCS case, following the arrest of accused Nida Khan. Shirsat alleges AIMIM is encouraging religious conversions and that Khan is part of a larger network.
The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.
The Enforcement Directorate (ED) has issued a Look Out Circular against Kolkata Police Deputy Commissioner Shantanu Sinha Biswas to prevent him from leaving the country after he failed to cooperate with the investigation into a money laundering case.
Gurugram police have arrested four individuals for allegedly kidnapping, assaulting, and forcibly transferring money from a 22-year-old man after contacting him through the Grindr app.
A business consultant in Thane, Maharashtra, was allegedly cheated of 98 lakh by two individuals who promised profits from a government tender. The accused, claiming to own two companies, convinced the victim to invest in a mobile phone supply tender for the Uttar Pradesh government, but failed to deliver on their promises.
A Nashik court has remanded Nida Khan, an employee of Tata Consultancy Services (TCS), in police custody until May 11 in connection with a sexual harassment and religious coercion case. The police are investigating allegations of forced religious conversion and potential links to other conversion rackets.
A special court in Mumbai granted bail to an organiser of a techno concert where two MBA students died due to a suspected drug overdose. While organiser Akash Samal was granted bail, three other accused were denied relief. The concert, held at the NESCO Exhibition Centre, saw attendees allegedly consuming MDMA pills, leading to hospitalisations and fatalities.
A school in Shopian district of Jammu and Kashmir, allegedly run by individuals affiliated with a banned organisation, has been declared an "unlawful entity" under the Unlawful Activities (Prevention) Act (UAPA).
Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.
Lawyers for Imran Khan and his wife Bushra Bibi have requested an adjournment in the 190 million-pound Al Qadir case, citing difficulties in obtaining instructions from their clients in jail. The case involves allegations of corruption related to the Al-Qadir Trust.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Delhi Police dismantled a cyber fraud facilitation network involving mule bank accounts and shell companies, arresting two dummy directors after detecting a fund flow of over Rs 16 crore within eight days.
A controversy has erupted in Latur, Maharashtra, over the accounting of donations collected for a religious event, with organisers alleging irregularities and filing a complaint with the police.
From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.
An administrative inquiry has been ordered after a man in Odisha was allegedly forced to carry his sister's skeleton to a bank to withdraw money. The BJD has alleged further mistreatment, claiming he was made to re-bury the remains. The bank denies asking for the corpse, stating they only required a death certificate.
Delhi Police have arrested four individuals for allegedly robbing a cash collection agent of Rs 4.18 lakh in Burari. The suspects were apprehended after an investigation involving extensive CCTV footage analysis and technical surveillance.
Gujarat police have arrested 10 individuals in connection with a cyber fraud racket involving over Rs 53 crore and spanning at least 20 states. The accused lured individuals into renting out their bank accounts, which were then used to receive and transfer funds obtained through various fraudulent schemes.
Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.
Yield-generating instruments like Infrastructure Investment Trusts (Invits), Real Estate Investment Trusts (Reits), and Non-Convertible Debentures (NCDs) are witnessing a surge in investor interest, contrasting with a notable slowdown in the equity primary market, which saw only one IPO in April.
The University of Liverpool and the Indian Institute of Science (IISc) have established a joint seed fund to promote research and innovation collaborations in areas such as AI, biomedicine, quantum technology, and space.
The National Investigation Agency (NIA) has filed a chargesheet against three individuals, including a doctor, for their alleged involvement in an ISIS-linked conspiracy to carry out mass poisoning in public spaces using a biological toxin.
A 76-year-old man in Belagavi was allegedly cheated of Rs 7.9 lakh in an online investment scam that used an AI-generated deepfake video misusing the name of Finance Minister Nirmala Sitharaman to lure investors.
John Abraham's 1986 film Amma Ariyan, now heading to the 2026 Cannes film festival, remains one of Malayalam cinema's most politically charged and unsettling masterpieces.
Gujarat police have arrested eight individuals for their alleged involvement in a cyber fraud network that handled transactions worth over Rs 288 crore. The arrests were made as part of 'Operation Mule Hunt 2.0', targeting organised cyber crime.
A special PMLA court in Gurugram has remanded Punjab Industries Minister Sanjeev Arora in Enforcement Directorate's custody for a week in an alleged Rs 100-crore GST fraud-linked money laundering case.
Delhi Police have arrested two more Indian Youth Congress workers in connection with a 'shirtless' protest at the AI Summit, bringing the total arrests to 14. Authorities are investigating the financial trail behind the protest, suspecting funds meant for Bihar Assembly elections may have been diverted.
'Vijay entered politics at a much better age compared to Rajnikanth and Kamal Haasan. His fans are young and he has at least 2-3 decades ahead of him.'
The Punjab Assembly has passed the Punjab Prisons and Correctional Services Bill, 2026, to modernise the prison system, and the Societies Registration (Punjab Amendment) Bill 2026, to enhance transparency and accountability of societies.
Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.
Unified Payments Interface (UPI) has reached a record Rs 314 lakh crore in transaction value in FY26, representing more than a 4,000-fold increase since inception.
'India's security challenges are no longer confined to the Line of Control or the Line of Actual Control.'
'They also span cyber networks, economic systems, information warfare, technology ecosystems, maritime routes, and internal social cohesion.'
Police in Gujarat's Panchmahal district are investigating an Aam Aadmi Party candidate and two party workers for alleged hawala transactions involving over Rs 50 lakh ahead of local body polls.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances