India's mutual fund industry has significantly increased its share of public trading in the stock market, widening its lead over the Life Insurance Corporation of India (LIC) for the fifth consecutive year. While LIC's share of free-float listed shares has fallen to 7.42% as of March 2026, the mutual fund industry's share has surged to 22.92% from 7.06% in 2012.
The Enforcement Directorate has arrested two former IDFC First Bank employees in connection with a money laundering case involving the alleged embezzlement of Rs 590 crore in Haryana government funds.
A Section Officer from Mantralaya, Mumbai, was arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 6.37 lakh to approve development funds.
The Central Bureau of Investigation (CBI) has arrested Sanjit Chakraborty, a proclaimed offender allegedly involved in two chit fund scam cases in Tripura involving over Rs 7.75 crore. Chakraborty was arrested in Kolkata after being absconding since 2013.
Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.
The Supreme Court has declined an urgent hearing on a plea demanding a fair and time-bound investigation into alleged embezzlement of donations at the revered Ram temple in Ayodhya, deferring the matter until after the summer break.
The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
The Bihar education department has requested madrasas, Sanskrit, and other government-aided minority schools to provide details regarding the number of students, teachers, and non-teaching staff to ensure proper utilisation of government aid.
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.
Samajwadi Party president Akhilesh Yadav has alleged that crores of rupees from donations made to the Ram Temple are missing, calling the situation "extremely sensitive" and "highly embarrassing." He has urged the court to take suo motu cognisance, while a member of the temple trust has suggested an inquiry if doubts persist.
The Delhi High Court has granted interim bail to Baramulla MP Sheikh Abdul Rashid, who is accused in a terror-funding case, following the death of his father. The bail is effective until June 2, with strict conditions including police escort and restricted movement.
A parliamentary committee has voiced concerns over ongoing examination irregularities despite government measures, recommending the Ministry of Education publish a time-bound roadmap for reforms. The panel also urged a nationwide blacklist of firms involved in exam processes and suggested utilising the National Testing Agency's financial surplus to enhance its capabilities.
Shiv Sena (UBT) chief Uddhav Thackeray criticised the BJP, accusing it of betraying Hindus by allegedly embezzling donations for the Ram temple in Ayodhya. He vowed to lead protests for "BJP-mukt Ram" and questioned the BJP's Hindutva, calling it a "Pakistan Janata Party" for its alleged party-splitting tactics and questioning citizenship. Thackeray also targeted rebel MPs, including Sanjay Deshmukh, for their defection.
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.
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.
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.
Items include luxury watches, jewellery, carpets, shawls, silverware and collectible artefacts with bidding prices reaching up to Rs 20 lakh.
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.
The Sports Authority of India (SAI) has provided financial assistance for India's participation in the IBSF World Men's Billiards Championship in Ireland, supporting players like Sourav Kothari and Pankaj Advani.
The Sports Authority of India (SAI) has provided financial assistance for India's participation in the IBSF World Men's Billiards Championship in Ireland, supporting players like Sourav Kothari and Pankaj Advani.
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.
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.
Bihar Chief Minister Samrat Choudhary has announced an ex-gratia of Rs 12 lakh for the family of Pandav Kumar, a delivery worker from Bihar who was shot dead in Delhi. The compensation includes Rs 8 lakh from the Labour Resources Department and Rs 4 lakh from the Chief Minister's Relief Fund. The incident has sparked political debate in Bihar.
Police in Surat are investigating an alleged interstate hawala-linked political funding network involving Aam Aadmi Party (AAP) functionaries, with Rs 1.25 crore reportedly routed from Delhi to Surat ahead of Gujarat local body polls. The AAP has dismissed the claims as a conspiracy by the ruling BJP.
The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
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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.
Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.
Two former employees of a Delhi-based pharmaceutical firm have been booked for allegedly cheating, forging documents and impersonating to secure government tenders, including supplies to Army hospitals.
Senior CPI(M) leader V Sivankutty has criticised the Kerala UDF government for allegedly spreading misinformation about the Centre's PM SHRI scheme and attempting to implement it despite earlier opposition. He clarified that the previous LDF government froze the agreement over concerns about the National Education Policy and that funds received were not for PM SHRI. The scheme continues to be a politically contentious issue in the state.
At least 32 people have been killed and over 700 injured after two powerful earthquakes struck western Venezuela, with Acting President Delcy Rodriguez declaring La Guaira a disaster zone and warning the death toll is expected to rise as rescue operations continue.
Aaditya Thackeray has vehemently condemned six rebel MPs, asserting that their "greed" led them to betray the voters' mandate for the INDIA bloc.
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'It shows that access to these technologies cannot be taken for granted.'
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.
'Actual implementation of the 14-point agreement is proving hard to achieve let alone striking and sustaining a long-term treaty or deal.'
The Sports Ministry's Mission Olympic Cell (MOC) has sanctioned Rs 35.46 lakh for overseas training stints for Paralympic medallists Ajeet Singh (javelin) and Pranav Soorma (club throw) to prepare them for the upcoming Asian Para-Games in Japan. Both athletes, part of the TOPS core group, will train in Germany and Czechia respectively, with Pranav also participating in multiple championships.
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'.
Karnataka Home Minister Priyank Kharge has intensified his demand for the RSS to register itself and disclose its financial dealings, arguing that the organisation cannot wield significant social and political influence while simultaneously claiming no political agenda and evading public accountability. Kharge's remarks follow RSS chief Mohan Bhagwat's rejection of such calls, with Bhagwat asserting the organisation is neither secretive nor operating outside public scrutiny.
