The RBI's Monetary Policy Committee starts its three-day meeting on June 3 amid inflation worries. Most economists expect rates to remain unchanged this week, with potential hikes later in FY27.
CBI arrested Rohit Kumar Singh, branch manager of a public sector bank in Godda, for demanding Rs 77,000 bribe to process insurance claim and lift withdrawal curbs.
Indian travelers can now make UPI payments at over 4.5 million merchant outlets in Cambodia through a partnership between NPCI International and ACLEDA Bank.
The CBI arrested two masterminds of the Rs 800 crore LUCC scam in Mumbai, involving fraudulent loans and misappropriation of funds from a cooperative bank.
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Thrissur consumer commission held Central Bank of India liable for losing an original land title deed deposited as loan security, directing Rs 2.5 lakh compensation and Rs 10,000 litigation costs.
The RBI MPC meeting begins tomorrow amid global uncertainty. Experts predict a possible rate hike to curb inflation. The decision will impact loans and EMIs.
The Indian government launches an offer for sale of up to 6% stake in NHPC at Rs 71 per share, aiming to raise over Rs 4,700 crore as part of its disinvestment plan.
The Madras High Court has directed TVK Cultural Academy to pay music licence fees to IPRS or deposit the amount, highlighting the ongoing dispute over music licensing at live events in India.
Ola Electric's QIP at Rs 37.74 per share raises Rs 1,656 crore. Learn what a Qualified Institutional Placement is and how it benefits companies.
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Delhi State Consumer Commission upheld Bajaj Allianz's rejection of a health insurance claim after investigators found ten discrepancies, including a post-discharge injection, indicating fabricated medical documents.
Former Reliance Communications executive K. Jhunjhunwala has been sent to Arthur Road jail in Mumbai in connection with a bank fraud case involving corporate finance and fund utilisation.
The Enforcement Directorate conducted searches at Vedanta Group premises under FEMA. The probe targets the mining giant led by Anil Agarwal. Further details are pending.
Indian equity markets opened lower on Monday due to continued FPI selling and geopolitical tensions in West Asia. Analysts predict volatile trade ahead.
Sensex fell 508 points to 74,267 amid rising crude oil prices, FPI outflows of Rs 3,900 crore, and West Asia tensions. Rupee stable at 94.99/$.
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Commercial LPG prices in Lucknow rose by Rs 42 on Monday, with a 19-kg cylinder now costing Rs 3,236. Domestic LPG rates remain unchanged.
Telangana has already utilized nearly one-fifth of its annual borrowing limit in April 2026, raising ₹11,413.93 crore. Revenue collections lag behind spending, leading to a fiscal deficit of ₹11,413.93 crore.
Ghaziabad consumer commission partly allows complaint against Shipra Krishna Srishti developers for failing to hand over original sale deed to HDFC, orders compensation of Rs 50,000.
Tambaram residents grapple with civic problems like damaged roads and sewage overflow. The corporation's complaint app has only 5,000 downloads among 10 lakh residents, highlighting poor awareness.
Investors affected by the alleged multicrore fraud at GIFT City demand swift action, raising concerns over regulatory oversight. The scam may exceed Rs 100 crore, affecting over 5,000 investors.
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Kerala CM Satheesan urges banks to boost lending, support MSMEs, and drive investment. He highlights rising deposits, credit disbursement, and new initiatives like a senior citizens department and green financing.
Investors holding Sovereign Gold Bonds from 2019-2021 can apply for premature redemption in June 2026. RBI opens windows for five tranches. Submit requests through banks or portals before deadlines.
Andhra Pradesh achieved its highest-ever GST revenue of ₹4,987 crore in May 2026, a 19% year-on-year growth, driven by AI-based enforcement and technology reforms.
Over 30 youngsters in Visakhapatnam were duped of more than Rs 1 crore by cybercriminals promising jobs in IT companies, banks, and MNCs. Police urge caution.
Three men from Karnataka were arrested for an ATM card swapping fraud at an SBI kiosk in Dharmapuri. They allegedly duped a woman of Rs 66,000. The mastermind is from Andhra Pradesh.
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The Indian rupee declined 34 paise to close at 95.19 against the US dollar on Monday, pressured by renewed geopolitical tensions, a surge in crude oil prices, and a stronger greenback.
The CBI arrested Amitabh Jhunjhunwala, former Group MD of Reliance Communications, in a bank loan fraud case involving Rs 1,200 crore SBI loan and other credit facilities. He will be produced in court on Tuesday.
Brajesh Kumar Singh has assumed charge as MD & CEO of Canara Bank. With over 30 years of banking experience, he aims to drive digital transformation and financial inclusion.
Chennai police arrested two men for burgling a weaver’s house in Kosavanpettai, stealing gold and cash. Three-and-a-half sovereigns and ₹41,000 recovered from Arani River bank.
The Enforcement Directorate conducted searches at premises linked to Deepak Cables (India) Limited in Bengaluru in connection with an Rs 899 crore bank fraud case.
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UPERC has raised objections to UPPCL's FPPAS calculation, stating historical liabilities cannot be recovered via this mechanism, potentially relieving 3.73 crore consumers from increased power bills.
