Kharghar Police Arrest Seven in Rs 40.6 Lakh Gold Heist
Kharghar Police solved a Rs 40.6 lakh gold robbery, arresting seven including the victim's friend who masterminded the plan. Gold ornaments recovered.
Category : Banking
Bank Cashier Booked for Embezzling Rs 15.50 Lakh
A cashier at GS Mahanagar Co-operative Bank in Panvel has been booked for allegedly embezzling Rs 15.50 lakh. He confessed to investing the money in the share market and is now absconding.
UP RERA online complaint facility for transfer charges
UP RERA launches online complaint filing against developers demanding arbitrary transfer charges. Amendments cap fees at Rs 1,000 for family succession and Rs 25,000 for non-family transfers.
Aligarh investment scam: Hundreds duped, AMU staff victims
Hundreds in Aligarh, including AMU employees, were allegedly duped in an investment scam. Three cases registered; main accused Junaid Ahmad absconding.
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SBI Q4 Net Profit Up 5.8% to Rs 19,684 Crore
State Bank of India reported a 5.8% rise in standalone net profit to Rs 19,684 crore for Q4FY26, with margins under pressure and treasury income declining. Dividend of Rs 17.35 per share declared.
Bengaluru Metro to Start at 5 AM on May 10
Namma Metro in Bengaluru will begin services at 5 AM on May 10, 2025, to accommodate early commuters. This is a temporary change for a specific event.
Yes Securities Demat App Joins India's 21.6 Crore Account Boom
Yes Securities launches a new demat account app as India's demat accounts surge to 21.6 crore, with CDSL adding 76 lakh new accounts in Q3 FY26 alone.
Over 5,000 Cardiac Procedures Under Punjab Sehat Yojana
In just over three months, Punjab's Mukh Mantri Sehat Yojana has facilitated 5,054 cardiac procedures, including angioplasties, worth Rs 50 crore, addressing rising heart cases across all ages.
Hyderabad Firm Cheats Investors of Rs 6.81 Crore
A Hyderabad-based AC firm's managing partner allegedly cheated six investors of Rs 6.81 crore by promising 4% monthly returns. The CCS police have registered a case and launched an investigation.
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FII Ownership in Indian Stocks Drops to 14.7%, DIIs Rise
Foreign investors cut Indian equity share to 14.7% in April 2026, lowest since 2012, while domestic institutions rose to 18.9%, driven by mutual funds and SIP inflows.
Health Insurance Share in Non-Life Sector Hits 40.8%
Health insurance's share in India's non-life sector rose to 40.8% in FY26, growing 15.4% to Rs 1.4 lakh crore. Standalone insurers outperformed with 19.4% growth.
Banking services in Barak Valley likely to be hit by SBI staff strike
The All India State Bank of India Staff Federation has called a two-day strike on May 25-26, affecting banking services in Barak Valley, over unresolved employee demands including staffing and security issues.
Railways Issue Tenders for Bridges, Speed Up Bargarh-Nuapada Line
East Coast Railway fast-tracks Bargarh-Nuapada line project in Odisha, issuing tenders for bridges and compensation. The 138 km project, costing Rs 2621.92 crore, aims to boost connectivity in western Odisha.
Sony Records $765 Million Impairment Loss on Bungie
Sony reported a $765 million impairment loss on Bungie due to underperformance of Destiny 2 and Marathon. The charge includes $565 million in Q4. Despite this, Sony's operating income rose 12%.
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Zepto gets Sebi nod for $1 billion IPO, targets July listing
Zepto's $1 billion IPO gets Sebi approval, moving closer to a July listing. The quick commerce startup will join Blinkit and Swiggy Instamart in the competitive market.
Rupee Rebounds 71 Paise to Close at 93.51 vs USD
The Indian rupee rebounded sharply on Tuesday, gaining 71 paise to close at 93.51 against the US dollar, tracking a recovery in domestic equities and a weaker greenback.
Air India Cuts Costs Amid High Fuel Prices, Layoffs Possible
Air India has initiated cost-cutting measures due to soaring jet fuel prices, raising concerns about potential layoffs. The airline is exploring various strategies to reduce expenses.
SBI Q4 Net Profit Up 5.6% to Rs 6,451 Crore
State Bank of India reported a 5.6% increase in net profit to Rs 6,451 crore for Q4 FY26, driven by higher net interest income and lower provisions.
SEBI GM: Use SEBI Check Before Payments for Viksit Bharat
SEBI's GM cautioned investors to use SEBI Check before payments, emphasizing the capital market's key role in Viksit Bharat. Learn more about investor protection.
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Gold Silver Prices Dip Amid West Asia Tensions
Gold and silver prices fell on Monday as escalating tensions in West Asia boosted the US dollar and risk aversion, reducing demand for precious metals.
India's Forex Reserves Fall $7.79B to $690.69B
India's foreign exchange reserves declined by $7.79 billion to $690.69 billion for the week ended January 3, 2025, driven by a fall in foreign currency assets and gold reserves.
SBI Chairman Dismisses Funding Concerns, Cites Excess Liquidity
SBI Chairman Dinesh Khara dismissed funding concerns, citing Rs 3 lakh crore excess liquidity to support 17% loan growth, ensuring robust financial health.
SBI Q4 Net Profit Up 6% to Rs 19,684 Crore
SBI reported a 6% rise in Q4 standalone net profit to Rs 19,684 crore, driven by improved asset quality and lower bad loans. However, margin pressure led to a 7% stock decline.
Ex-JP Morgan Employee Accuses Senior Bank Executive of Assault
A former JP Morgan employee has accused senior executive Lorna Hajdini of sexual assault, with leaked chatbot conversations revealing prior claims of rape, harassment, and drug coercion.
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Rupee Drops 45 Paise to 94.67 vs US Dollar
The Indian rupee fell 45 paise to 94.67 against the US dollar in early trade on Monday, as geopolitical tensions between Iran and the US weighed on investor sentiment.
IndiGo Opens Bookings for Noida Airport, 16 Routes Planned
IndiGo begins ticket sales for Noida International Airport (DXN) with 16 routes, starting June 15. First flights to Lucknow, Bengaluru, Hyderabad, Amritsar, with more cities added in July.
Pune Couple Cheats Jeweller of Rs 1.55 Crore Gold
Faraskhana police in Pune have registered a cheating case against a couple and their relative for defrauding a jewellery store owner of 1.5 kg gold worth Rs 1.55 crore between January and April 2025.
Mumbai Court Fines Six Firms, Directors in Sebi Probe
A special court in Mumbai convicted six companies and two directors for non-compliance of Sebi summons in a probe related to stock manipulation by Harshad Mehta, imposing a fine of Rs 1.80 crore.
Karnataka Leaders Seek RBI on Anti-Farmer Banking Rules
Karnataka farmer representatives met RBI officials, demanding withdrawal of stringent gold loan and agricultural credit rules they claim are anti-farmer. Leaders seek immediate intervention.
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Insurance Firm Told to Pay Rs 15 Lakh Claim Without Postmortem
Navsari consumer commission orders IFFCO-Tokio to pay Rs 15 lakh claim plus interest, rejecting insurer's argument that postmortem report was mandatory under personal accident cover.
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