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.
The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh, including premises linked to an alleged associate of an OSD in the CMO, as part of a money laundering probe into a land fraud case.
'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'
The rupee declined 31 paise to settle at 90.65 against the US dollar on Friday, weighed down by geopolitical uncertainties over the US-Iran talks, and a sharp rise in global crude oil prices.
Gurugram police demolished the illegal property of criminal Ravindra alias Sarkar, who was involved in more than a dozen serious crimes, in Taj Nagar village, Farrukhnagar.
A jewellery shop in Bengaluru was allegedly burgled, with approximately 70 kg of silver articles worth crores of rupees stolen.
Despite geopolitical tensions and FII outflows, Indian small and midcap stocks have not only recovered losses but are also outperforming largecap indices, driven by attractive valuations, domestic institutional support, and a rebound in earnings.
The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.
Chennai Super Kings are seeing strong performances from young players like Kartik Sharma, whose recent form has boosted the team after a slow start to the season, according to coach Stephen Fleming.
Police in Pratapgarh, Uttar Pradesh, busted an illegal opium cultivation operation, seizing over 12 kilograms of opium and detaining two individuals for questioning.
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.
The Reserve Bank of India (RBI) has opted to keep its key interest rates unchanged at 5.25%, anticipating a global economic recovery following a ceasefire in the US/Israel-Iran conflict, despite ongoing inflationary pressures and currency fluctuations.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 19,837 crore from Indian equities in the first two trading sessions of April, extending a significant selling trend from March, driven by geopolitical uncertainty, rising crude oil prices, and a depreciating rupee.
Delhi Police have arrested a 24-year-old man, Aditya Mishra, for allegedly supplying arms to the Nandu gang, recovering illegal firearms and ammunition from him.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
A bodybuilder in Gurugram has been arrested for allegedly stealing jewellery from a local temple. The accused, identified as Kapil alias Kalu, was apprehended after CCTV footage revealed him stealing the goddess's gold nose ring and Chatra from the Durga Devi Temple.
The couple had stopped on their way to a relative's house due to the intense heat when two men allegedly approached them. The accused allegedly assaulted the fiance, held him captive and raped the woman for three hours.
Karan Adani of Adani Ports & Special Economic Zone emerged as the top absolute value creator, adding Rs 2.67 trillion as the company's mcap rose from Rs 42,149 crore in March 2020 to Rs 3.09 trillion in March 2026 (7.3x) -- the largest rupee addition on the list.
Salim Dola, a close associate of mafia kingpin Dawood Ibrahim and a key figure in his drug empire, has been deported to India from Istanbul following an intelligence operation.
West Bengal Chief Minister Mamata Banerjee and her nephew Abhishek Banerjee will hold a virtual meeting with TMC counting agents to prepare for the vote counting of the assembly elections.
India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that recent regulatory measures to address foreign exchange market volatility, such as capping banks' net open positions, are temporary and aligned with current market conditions, not signalling any structural shift in policy.
The rupee appreciated 13 paise to close at 90.34 against the US dollar on Thursday, on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-US trade deal.
The exchange rate of the rupee against the dollar may delay the economy's rise to become the fourth-largest.
Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.
Air India, IndiGo and SpiceJet have told the government that the country's airline industry is under extreme stress and on the verge of "stopping operations", as they sought revision in ATF pricing and financial support.
Global brokerage Bernstein has issued a cautionary note, stating that India risks 'under-delivering on its potential' unless it addresses key policy bottlenecks and structural risks, including employment challenges from AI, limited manufacturing gains, and rising welfare spending.
Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate (ED) to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.
The opposition BJP in Jharkhand has demanded the prompt payment of salaries to police personnel, which have been withheld following alleged irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not received their salaries since March due to ongoing investigations into the matter.
Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.
I wonder if I can rest assured -- before the election ink on my finger fades -- that my home state is at the threshold of a better future, wonders Vice Admiral Biswajit Dasgupta (retd).
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.
A special court in Delhi has remanded I-PAC co-founder Vinesh Chandel to ten days of ED custody following his arrest in connection with a money laundering case linked to an alleged coal scam in West Bengal.
Union Minister Pankaj Chaudhary stated that Prime Minister Narendra Modi strengthened the Enforcement Directorate to combat financial crimes like money laundering and corruption, dismissing allegations of it being used to target political opponents.
It underperformed peers amid volatile capital flows and uneven forex support.
Police in Mathura, Uttar Pradesh, have dismantled an illegal IPL betting racket, arresting several individuals including a local BJP leader. The operation was conducted at a closed house where bets worth lakhs of rupees were being placed on IPL matches.
Opposition parties in Jharkhand are demanding the release of salaries for police personnel, which have been withheld following the discovery of irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not been paid since March, prompting calls for a thorough investigation and prompt action from the state government.
The Enforcement Directorate (ED) is investigating the use of foreign debit cards by a global Christian mission to withdraw crores of rupees in Naxal violence-hit regions of India. Searches were conducted in multiple states, and foreign debit cards, cash, and digital devices were seized.
Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.
Police in Rajasthan have arrested 38 individuals involved in a nationwide cyber fraud network, unearthing scams worth over Rs 10 crore under 'Operation Mule Hunt'. The accused operated from various locations, including Dubai, and lured victims through investment, trading, and escort service schemes.
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