JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order imposing restrictions on the company's financing business and asserted that there was "no material deficiencies" in its loan sanctioning process. The Reserve Bank on Tuesday imposed restrictions on JM Financial Products Ltd after it found the company indulged in various manipulations, including repeatedly helping a group of its customers to bid for various IPOs (initial public offerings) by using loaned funds. "After careful and detailed review of the order issued by the RBI on the action against JM Financial Products Ltd, we strongly believe that there have been no material deficiencies in our loan sanctioning process.
KKR spinner Chakravarthy, who bagged two wickets, gestured to CSK's Dewald Brewis to leave the field after dismissing him for 52 in the IPL match in Kolkata on Wednesday.
Ekaterina Guliyev is set to lose the 800 metres silver medal she won for Russia at the 2012 Olympics after the Court of Arbitration for Sport (CAS) dismissed her appeal against a four-year doping ban.
The Supreme Court collegium has recommended the appointment of Karnataka High Court Chief Justice N V Anjaria, Gauhati High Court Chief Justice Vijay Bishnoi, and Bombay High Court judge Justice A S Chandurkar as judges of the Supreme Court. The five-member collegium, headed by Chief Justice B R Gavai, decided to recommend the names to fill three existing vacancies in the top court. The appointments follow the superannuation of former Chief Justice Sanjiv Khanna, and Justices Abhay S Oka and Hrishikesh Roy. The Supreme Court, which has a sanctioned strength of 34 judges, is currently working with 31 judges.
Billionaire Mukesh Ambani's Reliance Industries Ltd is estimated to have earned 724 million euros (about Rs 6,850 crore) from exporting fuel made from Russian crude oil to the US in one year, an European think tank said in a report. "From January 2024 to the end of January 2025, the US imported EUR 2.8 billion of refined oil from six refineries in India and Turkey that process Russian crude.
Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.
India, the world's third largest oil consuming and importing nation, spent 112.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday. The Centre for Research on Energy and Clean Air (CREA) released a report on payments to Russia for fossil fuels since February 24, 2022. "According to our estimates, since the beginning of the war, Russia earned EUR 835 billion in revenue from fossil fuel exports," it said.
A court in Mumbai has issued a non-bailable warrant against diamantaire Mehul Choksi in the Canara Bank-led consortium loan fraud case involving about Rs 55 crore. Choksi, a prime accused in the multi-million dollar Punjab National Bank (PNB) 'fraud', was arrested in Belgium on April 12 following an extradition request by Indian probe agencies.
Modi, who visited Cyprus in the first leg of his three-nation visit, reiterated India's support for Cyprus's unity and for a peaceful resolution of the Cyprus Question based on UN Security Council resolutions, international law, and the EU Acquis.
What was meant to be a weekend of solidarity against homophobia in Ligue 1 descended into controversy and embarrassment for French football, as players refused to wear campaign symbols, one striker boycotted his team's match, and a homophobic slur was heard in a stadium tunnel.
Former Australia captain Tim Paine has slammed the lack of transparency surrounding Kagiso Rabada's failed drug test.
By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
'Iranians admire Indian cinema and often mention Amitabh Bachchan and Shah Rukh Khan when you meet them.'
The US President reiterated his long-held view that Putin wants "ALL of Ukraine, not just a piece of it," and warned that such ambitions could lead to "the downfall of Russia."
Mumbai Indians captain Hardik Pandya and his team were handed hefty fines for maintaining a slow over-rate, while rival side Gujarat Titans's head coach Ashish Nehra was also copped a financial penalty and demerit point for conduct "contrary to the spirit of the game" in the IPL match in Mumbai on Tuesday.
Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.
Ukrainian forces conducted large-scale drone strikes on several air bases deep inside Russia, destroying multiple combat planes, Ukrainian Security Service (SBU) said on Sunday.
Ishant Sharma also accumulated a demerit point for breaching the IPL Code of Conduct.
Trump couldn't care less anymore about the Israeli demand for Iran's 'de-nuclearisation' and 'de-militarisation.' Trump pins hopes on a grand bargain with Iran as a partner in America First, argues Ambassador M K Bhadrakumar.
Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara
While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
'Afterwards, some improvement is expected.'
The US treasury department informed about the sanctions following the October 7 attacks on Israel by Hamas.
Verstappen collided with Leclerc and twice with Mercedes' George Russell after the safety car restart.
External Affairs Minister S Jaishankar has said the recent confrontation between India and Pakistan was not just a mere conflict between two neighbours, but it was about combating terrorism, which will eventually come back to haunt the West.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
Magnus Carlsen banged the table while his game against World Champion D Gukesh was still in progress, an act that violated chess conduct rules.
Villagers living near the International Border and Line of Control in Jammu are on high alert following the recent terror attack in Pahalgam, preparing underground bunkers and accelerating crop harvesting. The incident has heightened security concerns despite a renewed ceasefire agreement between India and Pakistan in 2021. Residents are demanding swift action against the perpetrators and their handlers.
Former Indian Army chief General Shankar Roychowdhury (Retd) has blamed "intelligence failure" for the recent terror attack in Pahalgam, Jammu and Kashmir, which claimed the lives of 26 civilians. He demanded accountability at the highest levels, stating that there must be someone responsible for the negligence and they must be held accountable for the consequences.
Olympique Lyonnais coach Paulo Fonseca has been suspended for nine months by the French Professional Football League (LFP), following a confrontation with referee Benoit Millot.
Russian wrestler Dmitry Baboryko was banned for two years after taking a breast cancer drug that counters the effects of using steroids.
Instead of his now-famous 'notebook celebration', which landed him in hot water twice this season, the 25 year old unveiled a brand-new move: A symbolic gesture of writing on the ground, a subtle nod to his earlier antics but toned down to avoid further fines and sanctions.
Jenni Hermoso, the player at the centre of the scandal after Rubiales grabbed her head and kissed her on her lips, sparking fury over sexist attitudes toward women footballers, on Monday accused the RFEF of trying to divide and manipulate the players.
'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'
India imports goods worth over Rs 1,200 crore from Turkey annually, including a significant share of fruits like apples.
Russian President Vladimir Putin on Sunday proposed holding direct peace talks with Ukraine in Istanbul on May 15 without any preconditions, a move welcomed by Ukrainian President Volodymyr Zelenskyy, who insisted that Moscow must agree to a ceasefire first.
United States President Donald Trump has warned his Russian counterpart Vladimir Putin to end the 'ridiculous war' in Ukraine or face high tariffs and further sanctions.
The statement from the IPL fails to mention the reason for the penalty imposed on the Australian.
Railways ramps up project to instal AI-based cameras that can recognise faces.
