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 59-year-old man was arrested in Jharkhand's Palamu district after police seized opium worth Rs 25 lakh from his residence. The accused, Shankar Singh, was allegedly involved in buying and selling opium and planning a lavish wedding for his son.
The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.
Three men have been arrested in Noida, Uttar Pradesh, in connection with the death of a first-year BDS student in Kerala, who allegedly faced harassment from a loan app company.
Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.
Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade, ending a three-day rally, primarily due to heavy selling in IT stocks and concerns over prolonged instability in West Asia.
The Uttar Pradesh Special Task Force (STF) has dismantled two significant fraud operations involving crores of rupees in fraudulent share market, cryptocurrency, and forex schemes, leading to multiple arrests and uncovering a vast network of deceit.
The Congress party in Haryana boycotted a special session of the state assembly, accusing the ruling BJP of using the platform for political propaganda related to a defeated Constitution amendment bill on women's reservation. The BJP criticised the Congress's move as anti-women.
The accused in the rape and murder of a 22-year-old woman in Delhi's Kailash Hills has told investigators that he initially planned to only rob the house, but the crime escalated after she refused to open the safe.
The Directorate of Revenue Intelligence (DRI) has uncovered a smuggling operation at Nhava Sheva Port in Navi Mumbai, seizing 132 containers of restricted watermelon seeds and green peas worth Rs 139 crore.
K Kavitha, daughter of former Telangana CM K Chandrasekhar Rao, has launched a new political party, Telangana Rashtra Sena (TRS), after her suspension from the BRS, marking a new chapter in Telangana politics.
Onestruction Inc and DataKaveri Systems have signed an MoU to establish a framework for strategic and technical collaboration in urban and built environment data exchange.
Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.
Indian youth creates fictional AI influencer, Emily Hart, who amasses millions of followers and earns him substantial income, exposing the deceptive potential of AI in the digital age.
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.
Over 700 citizens, including former civil servants, academics, activists, and journalists, have written to the Election Commission alleging that Prime Minister Narendra Modi's national address on April 18 violated the Model Code of Conduct (MCC) for elections. They are seeking an inquiry and remedial action.
A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.
India's banking system is grappling with a persistent liquidity surplus exceeding Rs 5 trillion, driven by significant government spending and bond redemptions, leading market participants to anticipate the Reserve Bank of India will step up Variable Rate Reserve Repo operations to manage the excess funds.
Uttar Pradesh Police have uncovered an inter-state cyber fraud syndicate with suspected links to Nepal and Chinese handlers, arresting five people in Bareilly district.
The Indian banking system's net liquidity surplus has reached a four-year high of Rs 4.57 trillion, driven by maturing government securities, with further maturities expected to push the surplus to around 5 trillion.
A special fast-track court in Guwahati has reserved its order on the bail application of Shyamkanu Mahanta, a key accused in the Zubeen Garg death case, with the decision expected on April 30.
Rajasthan Police have frozen a house in Nagaur district worth over Rs 1 crore, allegedly built using proceeds from drug trafficking, officials said.
Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.
Three officials from leading private banks have been arrested for their alleged involvement in a Rs 2,500-crore cyber fraud in Gujarat's Rajkot district, bringing the total number of arrests in the case to 20, according to police reports.
The Army paid a solemn tribute to Fazal, who died on Thursday after a brief illness. They remembered him as a "valiant son of the soil" who stood shoulder to shoulder with troops during Operation Sarp Vinash, which successfully dismantled terrorists' operational hub in Hill Kaka.
Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.
The Comptroller and Auditor General of India (CAG) has reported significant financial irregularities in the Union government's FY25 accounts, including ~12,754.47 crore in misclassification and ~54,282.32 crore in outstanding utilisation certificates, with some dating back to 1985-86.
'Multi-asset funds have cornered 30 per cent of hybrid fund inflows in 2025, reflecting a growing preference for diversified portfolios that combine equity, debt and commodities.'
Lashkar-e-Taiba (LeT) terrorist Abdullah, alias Abu Hureira, who was tasked with establishing bases outside Jammu and Kashmir, adopted various professions, including share trading, to blend in with the local population. He was recently arrested along with other members of his network.
Three officials from leading private banks have been arrested for their alleged involvement in a Rs 2,500-crore cyber fraud racket in Gujarat's Rajkot district, bringing the total number of arrests in the case to 20.
A 75-year-old doctor in Pune was defrauded of 12.31 crore in an online share trading scam after being coerced into making multiple investments by fraudsters.
Gautam Buddh Nagar Police have arrested over 300 people and registered seven FIRs following a violent workers' protest in Noida. An investigation is underway into a possible organised network behind the unrest.
Gautam Buddh Nagar Police have arrested over 300 people and registered seven FIRs following a violent workers' protest in Noida. An investigation is underway into a potential organised network behind the unrest.
Investigation into alleged religious conversion and sexual harassment at a Nashik branch of TCS reveals that seven male accused operated as an organised gang to target female employees.
Lashkar-e-Taiba terrorist Umer Harris, also known as 'Khargosh', is believed to be in Saudi Arabia after escaping India using a forged passport. An investigation into the inter-state LeT terror module has exposed systemic loopholes and raised concerns about passport issuance processes.
Gujarat police have dismantled a Rs 77 crore cyber fraud operation with links to 375 cases nationwide, arresting 16 individuals and uncovering international connections.
A Mumbai-based businessman was allegedly duped of 3.25 crore by a nine-member inter-state criminal gang in a cheating and extortion case. The gang, which included members from Mumbai, Odisha, Bihar, and Jharkhand, also allegedly assaulted and threatened the businessman.
Police in Nashik are investigating multiple cases of attempted religious conversion and sexual harassment at a local IT firm, with evidence suggesting an organised effort to target female employees. The investigation involves multiple agencies to determine if there are wider links.
The Hazaribag Superintendent of Police (SP) Office treasury scam has widened, with more arrests made and the embezzlement amount increasing to Rs 28 crore. The investigation is ongoing, with teams sent to Bihar to trace the money trail and assets acquired through the scam.
rediffGURU T S Khurana answers readers' personal income tax queries
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances