The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.
The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.
Following the demolition of a house linked to an accused in the Uttam Nagar Holi clash, the victim's family is demanding a CBI probe and strict action against all those involved in the incident.
India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.
'The real shock is going to be from a deficient monsoon.'
Following a fatal clash after Holi celebrations in Delhi's Uttam Nagar, the area is experiencing heightened tensions, shuttered businesses, and a heavy police presence, disrupting daily life and impacting local businesses during the crucial Ramzan period.
The Vishva Hindu Parishad (VHP) has condemned the killing of Tarun Khatik during a Holi clash in Delhi and demanded strict action against the culprits, invoking the 'Yogi model' of justice.
Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.
A 27-year-old man was arrested for allegedly stabbing his co-worker to death with scissors during a drunken altercation inside a garment factory in east Delhi's Gandhi Nagar. The victim initially left the hospital but later succumbed to his injuries, leading to a police investigation and the accused's arrest.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.
A 26-year-old man died following a clash between two families in Delhi's Uttam Nagar during Holi celebrations, reportedly triggered by a water balloon incident.
The Food Safety and Standards Authority of India (FSSAI) has clarified that the display of expiry and 'best before' dates on packaged food products sold on e-commerce platforms is governed by the Legal Metrology (Packaged Commodities) Rules, 2011, which are administered by the Department of Consumer Affairs (DCA).
A 55-year-old man died after falling into an open manhole in Mumbai during heavy rains, leading to the Brihanmumbai Municipal Corporation (BMC) suspending four officials and initiating a homicide case against the responsible contractor for alleged negligence.
India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).
A 23-year-old man, recently released from Tihar Jail, was allegedly stabbed to death in Delhi's Uttam Nagar over a monetary dispute. Police have apprehended five suspects and are investigating the incident.
The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food business operators, including Emami Healthy & Tasty and Plan B, for using misleading brand names, trade names, and product claims that violate the Food Safety and Standards Act, 2006.
Delhi Police have arrested a 36-year-old woman, Vaishnavi Chavan Chauhan, for allegedly stealing a gold mangalsutra from a devotee at Gurdwara Bangla Sahib. The stolen ornament has been recovered from her possession following a complaint lodged by the victim.
Three individuals have been arrested in Nagpur, Maharashtra, for allegedly murdering two fruit vendors following a dispute over work-related issues. The victims sustained severe head injuries and died on the spot after being attacked with bricks, stones, and a sharp weapon.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
Railways' Sonam Uttam Maskar won gold in the women's 10m air rifle event at the Kumar Surendra Singh Memorial Shooting Championship, with Elavenil Valarivan taking silver. Tilottama Sen, Sanvi R.P. also secured titles in junior and youth categories respectively.
India's unemployment rate reached an 11-month high of 5.5 per cent in May, up from 5.2 per cent in April, according to the National Statistics Office, indicating a softening labour market as labour-force participation also eased.
The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.
Patan Police have busted a large-scale cyber fraud racket, arresting 14 individuals involved in illegal transactions worth Rs 398.43 crore through 13 'mule accounts'. The operation, dubbed "Operation Mule Hunt 2.0", uncovered a network linked to 228 inter-state cyber fraud complaints, where individuals were lured to open bank accounts used to channel proceeds of cyber crimes.
Ishan Kishan has all the requisite skills to be a successful Test batter but unfortunately the Indian red ball squad doesn't have any place for him, former skipper and ex-selection committee chairman Krishnamachari Srikkanth said.
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
Himanshu Dhillon secured a dramatic last-shot victory in the men's 10m air rifle at the T4 national selection trials. Deeksha Vaishya won the women's air rifle, and Suraj Sharma topped the men's 25m rapid-fire pistol event, with these results impacting national rankings and Asian Games team selections.
rediffGURU Ulhas Joshi answers your mutual fund queries.
The Supreme Court has granted bail to Shubham Saxena, accused of siphoning off Rs 22 crore from a real estate company, primarily due to his prolonged pre-trial detention of over four and a half years. This decision overturns a Delhi High Court ruling that had denied bail citing the gravity of the economic offence.
The Consumer Affairs Ministry is developing machine-readable SMART standards using AI to reduce industry compliance burden. This initiative aims to modernise India's standards ecosystem, with the Bureau of Indian Standards transitioning from a regulator to a facilitator, promoting private sector testing and faster processes.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
A Delhi court has ordered the immediate release of a man mistakenly arrested in connection with a fatal clash between two families during Holi in Uttam Nagar. The court criticised the investigating officer for not taking prompt action despite knowing about the wrongful arrest.
A police inspector with the Telangana Cyber Security Bureau has been arrested by the Anti-Corruption Bureau (ACB) for allegedly demanding and accepting a bribe to protect the family and friends of an individual booked in a cyber fraud case.
BJP leaders Rajeev Chandrasekhar and B B Gopakumar have accused both the UDF and LDF governments of pushing Kerala into an economic crisis. They criticised the lack of solutions from the ruling fronts, highlighted the state's high public debt, and questioned the allocation of revenue for development versus salaries and pensions.
Delhi Police have arrested a 24-year-old man for allegedly killing two people in Uttam Nagar due to personal rivalry. The accused had been on the run since December and was declared a proclaimed offender.
Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.
Police in Sambhal, Uttar Pradesh, have registered a case against a postal assistant after suspicious transactions worth approximately Rs 4.5 crore were allegedly detected in his bank accounts.
A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.
The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.
The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.
