RBI Governor Sanjay Malhotra announced five measures to bolster forex reserves and attract foreign investments as foreign investors exit Indian equities rapidly amid US-Iran conflict-driven global crude price surge.
Three working professionals in Gurugram lost Rs 70,000 and were forced to vacate their flat at night after a broker pocketed their rent, sparking online outrage and advice to seek legal help.
India exempts long-term capital gains tax on FII investments in government securities via ordinance to boost dollar inflow amid rupee depreciation and foreign fund outflows.
India exempts capital gains tax on FII investments in government securities via ordinance, aiming to attract foreign capital and shield economy from Iran conflict impact.
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The RBI kept the repo rate unchanged at 5.25% in its MPC meeting, citing global uncertainties and geopolitical tensions in West Asia.
The Indian rupee appreciated 11 paise to 95.63 against the US dollar on Friday, ahead of the RBI's monetary policy decision, amid positive domestic equities and weak US dollar.
Indian stock markets opened higher on June 5, with Sensex up 269 points and Nifty up 62 points, as investors await the RBI's monetary policy decision.
Rajesh Export shares hit lower circuit after SEBI barred CEO Rajesh Mehta from the securities market for alleged regulatory violations, impacting investor sentiment.
Indian stock markets opened higher on June 5, with Sensex jumping 269 points and Nifty near 23,500, as investors await the RBI MPC decision today.
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The RBI MPC kept repo rate unchanged at 6.50% in its June 2026 meeting, focusing on inflation control and growth support.
RBI MPC meeting live updates: Governor Sanjay Malhotra likely to keep repo rate unchanged at 5.25%. US-Iran war and El Nino risks weigh on inflation and growth.
Rajesh Mehta says Sebi's order is interim and no adverse conclusion has been reached, asserting that the company's declared revenue is correct.
The Centre restructures Lead Banks to involve more institutions, addressing duplication and poor performance in rural development.
PSPCL redeploys technical staff, sets up 24x7 control rooms in Ludhiana and Patiala to ensure uninterrupted electricity for farmers during paddy season, addressing rising demand and manpower shortages.
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Sebi says Rajesh Exports misrepresented revenues of Rs 15.15 lakh crore, routing funds through personal accounts between FY21 and FY25.
HDFC Bank has directed its agents to stop mobilising fixed deposits and CASA funds from government entities from July 1, 2026, citing branch network expansion.
Two directors of a Pune recruitment firm were detained for allegedly cheating 22 software engineers of Rs 43.62 lakh by not paying salaries and failing to refund deposits.
Meghwadi police arrested a doctor for allegedly forging medical documents to secure an insurance claim. Investigation reveals no surgery was performed despite submitted papers showing varicose vein operation.
SMS Pharmaceuticals filed a complaint with Hyderabad CCS after a gang siphoned off over ₹3 crore by impersonating shareholders and fraudulently claiming unpaid dividends.
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A constable from Khar police station in Mumbai was suspended after being arrested by the Anti-Corruption Bureau for demanding a bribe of Rs 2,000 for passport verification work.
The Enforcement Directorate seized assets worth Rs 1.33 crore and USD 2,200 in cash during raids against a transnational drug syndicate run by Salim Ismail Dola across four cities in Gujarat and Maharashtra.
Central Railway cancels several trains on June 6 due to a 13-hour power block between Asangaon and Thansit for commissioning a new electronic interlocking system. Alternative arrangements and refund counters provided.
Punjab government appoints Punnerdeep Singh Brar as director (generation) of PSPCL ahead of peak paddy season to manage rising electricity demand.
Food and civil supplies officials seized eight commercial LPG cylinders from a residence in Koppal, suspecting illegal storage and sale at inflated prices amid a supply shortage.
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Belagavi officials raided Adityaraj Capital over illegal deposit collection and fund diversion, with transactions worth hundreds of crores under probe.
Gold prices rose Rs 700 to Rs 1,60,300 per 10 grams amid an oil retreat, signaling market recovery. The precious metal's seesaw ride continues as global factors influence domestic rates.
Eastern Railway's Sealdah division will implement major traffic and power blocks this weekend for infrastructure upgrades, affecting suburban services. The blocks include a 15-hour and a 6-hour block for bridge re-girdering and point conversion.
After a legal hurdle cleared, Karnataka's excise department will renotify e-auction of defunct liquor licences CL-2A and CL-9A, aiming for transparency and revenue.
Crude oil prices fell 2% in domestic futures trade on Thursday, snapping three sessions of gains, after Israel and Lebanon agreed to a conditional ceasefire.
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The RBI Governor is set to announce the interest rate decision on Friday, with expectations of a potential rate cut amid economic slowdown concerns.
