The Reserve Bank of India (RBI) announced that it processed 99.9 per cent of applications within the prescribed timeline under its Citizen's Charter in May 2026. The central bank handled 18,763 applications, showcasing efficient processing across various functions.
India abstained from voting on a UN General Assembly resolution concerning climate change obligations, citing concerns that it undermines the United Nations Framework Convention on Climate Change (UNFCCC). India believes climate obligations should be negotiated through the UN climate framework, emphasising differentiated responsibilities.
Tension arose in a Uttar Pradesh village after Dalit women allegedly objected to a Maharana Pratap Jayanti procession, leading to police intervention and a negotiated agreement.
Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.
A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).
The Reserve Bank of India (RBI) has reported processing 99.9% of applications under its Citizen's Charter within the stipulated timeframe in March 2026, demonstrating a high level of efficiency.
The Vadodara Municipal Corporation has valued a 978-square metre plot of land illegally occupied by Trinamool Congress MP Yusuf Pathan at Rs 2.10 lakh per square metre. Pathan has been occupying the land since 2012 despite the state government rejecting his proposal for allotment, and the Gujarat High Court has also ruled against him, criticising his continued possession.
Bankers say debt resolution bills are coming high as resolution professionals are giving the human resources and audit/legal consulting to outside firms to plug all the loopholes.
The Delhi High Court has declined to grant interim relief to Gurugram-based Experion Developers Private Limited, who sought to quash an FIR registered against them by the Economic Offences Wing of Delhi Police on charges of fraud.
Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).
The United States and Iran have reached an agreement in principle to immediately and permanently halt all military operations, lift sanctions, and work towards a comprehensive final agreement within 60 days, including a significant reconstruction package for Iran.
US Secretary of State Marco Rubio on Friday (local time) announced a US-mediated framework agreement between Israel and Lebanon aimed at achieving "lasting peace and security".
The Enforcement Directorate (ED) has seized significant assets from Earth Infrastructures Ltd., a Delhi-based real estate company, following accusations of defrauding homebuyers. The company is currently undergoing insolvency proceedings.
Pakistan Prime Minister Shehbaz Sharif on Thursday signed the historic peace deal between the United States and Iran as a guarantor; the agreement will see the immediate reopening of the Strait of Hormuz and the lifting of the US naval blockade.
After spending 31 months in Chennai's Puzhal prison, Ahmed Buhari is finally breathing free, as courts across the country quashed proceedings linked to his group company Coastal Energy.
The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Vishwajeet Jhawar, promoter of Marvel Group, following a petition by APRN Enterprises for outstanding debt.
The United States and Iran are scheduled to hold their initial round of talks in Switzerland on Friday, following a ceasefire agreement virtually signed by US President Donald Trump and Iranian President Masoud Pezeshkian.
India's foreign policy establishment is adjusting with alacrity in real time -- an extraordinary spectacle in itself, considering the manifest reluctance to indulge in public diplomacy critical of American moves, observes Ambassador M K Bhadrakumar.
Tiny Curacao battled to a 0-0 draw with Ecuador to earn the first World Cup point in the Caribbean island's history on Saturday after an outstanding performance from goalkeeper Eloy Room.
The National Company Law Tribunal (NCLT) in Mumbai has admitted a petition filed by State Bank of India (SBI) seeking to initiate personal insolvency proceedings against industrialist Anil Ambani. This action is related to Ambani's alleged personal guarantees for loans extended to Reliance Communications (RCom), from which SBI is attempting to recover over 1,200 crore.
The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts. The IMF staff report said that the business dynamism in India remains relatively low, marked by low rates of entry and exit, and a high share of inactive or inefficient firms reflecting structural rigidities and high compliance levels.
Sarthak Sidhant, a 17-year-old student from Jharkhand affected by CBSE's online marking system, made a presentation before the Parliamentary Standing Committee on Tuesday on alleged irregularities in the tendering process for the selection of vendors for online marking of Class 12 answer scripts.
Iran's World Cup football team has finally received visas to enter the United States, just days before their first match in Los Angeles.
ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.
Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.
Russian President Vladimir Putin stated that Moscow would not interfere in the "delicate" bilateral relations between India and China, expressing confidence in their ability to resolve border disputes amicably. He also discussed Russia's independent partnerships with both nations, touched upon India-Pakistan ties, and highlighted ongoing and proposed defence cooperation with India, including the BrahMos missile and a potential Su-57 fighter jet project.
The Nepalese foreign minister was speaking to the media a day after holding wide-ranging talks with his Indian counterpart S Jaishankar that focused on ways to further expand ties in diverse sectors, including trade, critical technology, connectivity and energy.
Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
The Boxing Federation of India (BFI) has agreed to rework its selection criteria after talks with the Sports Authority of India (SAI) following the suspension of an assessment camp due to alleged irregularities. The decision comes after concerns were raised about transparency and fair play in the selection process for the Commonwealth and Asian Games.
As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.
Jammu and Kashmir has shown significant progress in addressing public grievances through the JK Samadhan portal, achieving an 88 per cent disposal rate. District administrations and key departments have played a crucial role in this achievement, with high disposal rates and positive citizen feedback.
The Employees' Provident Fund Organisation (EPFO) will soon allow subscribers to withdraw their EPF and transfer it directly to their bank accounts through the UPI payment gateway. Testing of the facility has been completed, according to Labour Minister Mansukh Mandaviya.
As the CLP meeting passed a resolution authorising the party's high command to decide the next CM, observers will file a report to the Congress national leadership, who will take the final call.
A new study reveals that obesity-related changes in body fat can disrupt brain signals and immune function, potentially worsening Alzheimer's disease.
The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.
The new Vivo X300 FE, featuring a Snapdragon 8 Gen 5 chipset, 120Hz AMOLED display, and a versatile 50MP triple camera setup, is set to launch in India on May 14, with prices starting from 79,999.
Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.
Several opposition parties have joined forces to submit a resolution seeking the removal of Om Birla as the Lok Sabha Speaker, initiating a process that will be examined according to parliamentary rules.
The United States and Iran could resume negotiations as early as next week in Islamabad, according to a report by The Wall Street Journal citing people familiar with the matter.
The American warship stopped the tanker "after it attempted to sail to an Iranian port," according to a statement released by CENTCOM.
