Telangana Forms Third Power Discom for Farmers
Telangana's third discom for farmers, TGRPDCL, aims to cut high AT&C losses and improve service. CMD Musharraf Faruqui says decision was deliberate, not rushed.
Category : Banking
Bihar Vigilance Arrests Clerk, Agent for Bribe
Vigilance Bureau in Patna arrested a senior clerk and an agent for accepting a Rs 6,000 bribe to process a vehicle ownership transfer in Begusarai.
Finance Ministry Directs PSBs to Adopt Austerity, Boost ECLGS 5.0
The finance ministry asked public sector banks to adopt austerity measures and support eligible borrowers under ECLGS 5.0, as PSBs posted record net profit of Rs 1.98 lakh crore in FY26.
Woman Injured in Chain Snatching in Hazaribag
A woman was seriously injured in a chain snatching incident in Hazaribag when two bike-borne miscreants snatched a rolled gold chain, mistaking it for real gold. Police are investigating using CCTV footage.
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Ex-BSNL Officer Gets 3 Years in Assets Case
A special CBI court in Ranchi sentenced former BSNL technical officer Ram Binod Singh to three years rigorous imprisonment for amassing disproportionate assets worth Rs 34 lakh.
Belagavi Police Arrest Two in Rs 1.2 Crore Gold Theft
Belagavi police arrested two men for stealing gold worth Rs 1.2 crore from a doctor couple's home. The caretaker, Rahul Kamble, and accomplice Babasaheb Katageri were caught, with Rs 73.3 lakh in ornaments recovered.
Unlocking Credit Line Using Savings: How It Works
Learn how to use your savings as collateral to unlock a credit line, its benefits, risks, and steps to access funds without selling assets.
Sebi fines Suzlon Energy Rs 28.95 crore for financial misstatements
Capital markets regulator Sebi imposed a total penalty of Rs 28.95 crore on Suzlon Energy, its promoters, and former CFO for alleged misstatements in financial disclosures from FY15 to FY21.
Gold Rebounds Rs 1,600, Silver Rallies Rs 5,000
Gold prices rebounded by Rs 1,600 and silver rallied by Rs 5,000 in Indian markets amid hopes of a potential US-Iran nuclear deal, boosting investor sentiment.
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Equitas Digital FD Attracts More Investors in 2026
Discover why Equitas Bank's digital fixed deposit is gaining popularity among Indian investors in 2026, offering competitive rates and convenience.
Counterfeit Currency Detection Up 5.7% in FY26, RBI Data Shows
The Reserve Bank of India reports a 5.7% rise in counterfeit currency detection in FY26, with Rs 500 notes accounting for the highest share.
CCI Rejects Rapido Complaint, No Abuse of Dominance
The Competition Commission of India dismissed a complaint against Rapido, ruling that the bike-taxi firm did not abuse its market dominance in Uttarakhand.
Rupee rises 53 paise to close at 95.05 vs US dollar
The Indian rupee strengthened by 53 paise to close at 95.05 against the US dollar, driven by falling crude oil prices and a weaker greenback after US-Iran ceasefire extension.
Electrical Equipment Stock in Focus After Q1 Results
Shares of a leading electrical equipment maker are in focus after the company announced its quarterly results. Check key financial details and market reaction.
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RBI Unveils Ambitious Agenda for 2026-27 with Tech Focus
RBI sets a packed agenda for 2026-27, including e-Kuber 3.0 rollout, CBDC expansion, AI ecosystem, regulatory reforms, and financial inclusion targets.
RBI Survey Shows Strong Cash Preference as Currency Rises
An RBI survey attributes rising currency-to-GDP ratio to strong cash preference among individuals and small merchants. Counterfeit notes see marginal rise; RBI plans new security features and varnished notes.
AI Cannot Replace Human Judgment in Lending: Sunil Govindarajan
Sunil Govindarajan emphasizes that AI in financial services requires governance and human oversight, not replacement of human judgment in lending decisions.
Jewellery Stock Surges 14% on Quarterly Results
A jewellery stock surged 14% today continuing its positive momentum after strong quarterly results. Details on the stock's performance and market reaction.
Rupee Rises 5 Paise to 95.53 Against US Dollar
The Indian rupee appreciated 5 paise to 95.53 against the US dollar in early trade on Friday, supported by a preliminary agreement between the US and Iran.
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Three Held in Gurgaon for Fake Insurance, Investment Scam
Gurgaon cyber police arrested three men for running a fake investment and insurance call centre scam, duping a victim of Rs 26 lakh with bogus policies and bonds.
Kolkata Court Sends ED Accused to Judicial Custody Till June 1
A Kolkata court sent Santanu Sinha Biswas, accused in a land grab and money laundering case, to judicial custody till June 1. Another accused, Sona Pappu, was also remanded.
Panchkula Jeweller Dies in Alleged Suicide, Family Alleges Harassment
Prominent jeweller Rajat Khanna was found dead in Panchkula, allegedly due to financial stress and harassment from financiers. Police recover suicide note, probe underway.
Ahmedabad Court Orders Visa Firm to Refund Rs 2 Lakh
Ahmedabad consumer court orders Achivia International to refund Rs 1.99 lakh with interest for failing to honor refund promise after Norway visa rejection.
EOW arrests middleman in Rs 6.88 crore loan fraud
The Economic Offences Wing arrested a middleman for aiding a Rs 6.88 crore loan fraud at a public sector bank in Bhubaneswar. Three women employees were already arrested.
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FDA raids 100 units in Maharashtra, seizes banned items worth Rs 40 lakh
Maharashtra FDA conducted a three-day crackdown, raiding 100 units and seizing banned gutka, adulterated milk, and ghee worth over Rs 40 lakh. 25 FIRs filed, 33 arrested.
Govt warns industrial users against diverting diesel from retail outlets
The government has warned industrial consumers against buying diesel from retail outlets due to price differences, causing artificial shortages. It assured adequate fuel supplies and announced strict action against violators.
NCP MLA Jayant Patil Urges Maharashtra Govt to Cut Fuel VAT
NCP (SP) MLA Jayant Patil has urged the Maharashtra government to temporarily remove VAT and surcharges on petrol and diesel to provide relief from rising fuel prices.
108 Ambulance Pushed to Start at Hazaribag Hospital
Staff of a 108 ambulance at Sheikh Bhikhari Medical College in Hazaribag were forced to push the vehicle to start it due to a battery issue, raising concerns about the fleet's maintenance.
Taxpayers Association Urges Andhra Govt to Abolish Additional VAT, Road Cess on Fuel
Taxpayers Association urges Andhra government to abolish additional VAT and road development cess on petrol and diesel, citing heavy tax burden causing skyrocketing prices and financial strain on the public.
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Three Arrested for Cheating Gold Loan Agent of Rs 40 Lakh
Three men were arrested for defrauding a gold loan agent of ₹40 lakh by faking a pledge redemption. The accused are in judicial custody.
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