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MUMBAI: In a cramped rented home in Kurla's Abdulla Compound, a father sits with his head in his hands, struggling to make sense of how his 18-year-old son's life unravelled in a matter of days. Mohammad Hamad Jalaluddin Mehmood Ali Siddique, barely out of school and having just turned 18, is now in the custody of the Delhi Special Cell, arrested with the help of the Maharashtra Anti-Terrorism Squad (ATS) over alleged links to an Islamic State (IS)-inspired module that investigators claim was p ...Read More >
MUMBAI: India's banking, financial services and insurance sector, one of the most prolific advertisers in the country, delivered a split verdict on media in 2025. It spent less on television, held its nerve in print, turned up the volume on radio and deluged the internet with a ferocity that left every other medium looking pedestrian. The picture that emerges from TAM AdEx's cross-media report for the BFSI sector is of an industry in transition, still wedded to the news bulletin but increasingly ...Read More >
Meerut , In a striking departure from conventional social attitudes, a family in Uttar Pradesh's Meerut marked a divorce not with silence but celebration. Retired judge Gyanendra Kumar Sharma welcomed home his only daughter Pranita Vashistha with drums, garlands and sweets, sending out a strong message against stigma, after a family court granted her divorce on Saturday. According to her counsels Rajeev Giri and Naseeb Saifi, Pranita had married an Army Major from Shahjahanpur on December 19, ...Read More >
Mumbai, April 6: Two more suspects from Maharashtra, including a minor, have come under the radar of investigating agencies for their alleged links to a case involving online propaganda associated with the banned terror organisation Islamic State of Iraq and Syria (ISIS). This follows a coordinated operation by the Delhi Police's Special Cell, with assistance from the Maharashtra Anti-Terrorism Squad (ATS), which resulted in multiple arrests on Saturday. Arrests and key accused The agencies ar ...Read More >
New Delhi: India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday. Addressing the golden jubilee celebrations of the National Institute of Public Finance and Policy, the Finance Minister said: "India has fiscal space with room to maintain the government's capex programme, room for the RBI to cut rates and room to offer targeted support to affected sectors. This is the ...Read More >
New Delhi: The impact of the Middle East war in March hit India's services activity, dragging down to a 14-month low of 57.5, but demand remained resilient, led by new export orders across the country. Indicating a loss of momentum in the sector, the cost pressures, however, rose sharply with firms reporting the fastest increase in input prices in nearly four years, a private survey showed on Monday. As per the survey, the seasonally adjusted HSBC India services PMI business activity index fell ...Read More >
New Delhi: The Delhi High Court on Monday rejected an activist's appeal against an order directing him to take down social media content linking Union minister Hardeep Singh Puri's daughter to convicted American sex offender Jeffrey Epstein. It asked him to air his grievances before the single judge who had passed the order.A bench of Justices Vivek Chaudhary and Renu Bhatnagar told the single judge to finally decide the issue of whether to continue or vacate its interim order as expeditiously a ...Read More >
New Delhi, Apr 6 (PTI) The Delhi High Court on Monday rejected an activist's appeal against an order directing him to take down social media content linking Union minister Hardeep Singh Puri's daughter to convicted American sex offender Jeffrey Epstein. It asked him to air his grievances before the single judge who had passed the order. A bench of Justices Vivek Chaudhary and Renu Bhatnagar told the single judge to finally decide the issue of whether to continue or vacate its interim order as e ...Read More >
New Delhi [India], April 6 (ANI): India's services sector growth moderated in March, with the HSBC India Services PMI falling to 57.5 from 58.1 in February, signalling the slowest expansion in 14 months, according to a report released on Monday. "Falling from 58.1 in February to 57.5 in March... indicated the weakest rate of expansion for 14 months," the report noted, while adding that the index remained above its long-run average of 54.4, highlighting continued overall growth. Also Read | Kar ...Read More >
New Delhi [India], April 6 (ANI): India's services sector growth moderated in March, with the HSBC India Services PMI falling to 57.5 from 58.1 in February, signalling the slowest expansion in 14 months, according to a report released on Monday. "Falling from 58.1 in February to 57.5 in March... indicated the weakest rate of expansion for 14 months," the report noted, while adding that the index remained above its long-run average of 54.4, highlighting continued overall growth. The report attr ...Read More >
*Transparent, accountable utilization of resources stressed Mohinder Verma JAMMU, Apr 4: Further exposing financial indiscipline in the Union Territory, the Comptroller and Auditor General (CAG) of India has revealed a massive year-end spending spree by the Government of Jammu and Kashmir, with nearly half of the total annual expenditure incurred in the last quarter of 2024-25. Follow the Daily Excelsior channel on WhatsApp The Rule 62(3) of the General Financial Rules (GFR) provides that ru ...Read More >
MEERUT: A retired judge in Meerut welcomed his daughter home with drums, garlands and sweets after her divorce, in a public show of support aimed at challenging the stigma surrounding marital separation.Gyanendra Kumar Sharma celebrated the return of his only daughter Pranita Vashistha after a family court granted the divorce on Saturday. Relatives welcomed her with garlands and distributed sweets. Many family members wore black T-shirts emblazoned with the message "I Love My Daughter," expressi ...Read More >
New Delhi: Leading industry body CII on Sunday outlined a 20-point agenda to mitigate the impact of the West Asia crisis, calling for measures including a temporary exemption from long-term capital gains tax for foreign investors in the primary market, the introduction of a time-bound conflict-linked emergency credit line guarantee scheme (CL-ECLGS) and a three-month moratorium and restructuring window for MSMEs. The CII has also proposed that priority sector lending (PSL) norms may be revisite ...Read More >
Anil Rathod was son-in-law of former Karnataka minister Revunayak Belamagi. He was engaged in finance and real estate, operating out of his office in the P&T Colony area. Businessman Anil Rathod, 45, son-in-law of former Karnataka minister Revunayak Belamagi, was hacked to death at his office in Kalaburagi late on Thursday night. Three men arrived at Venkateswara Complex on Old Jewargi Road in an autorickshaw, broke in and attacked him with machetes. Rathod died on the spot. The attackers fled ...Read More >
Meerut (UP), Apr 5 (PTI) In a striking departure from conventional social attitudes, a family in Uttar Pradesh's Meerut marked a divorce not with silence but celebration. Retired judge Gyanendra Kumar Sharma welcomed home his only daughter Pranita Vashistha with drums, garlands and sweets, sending out a strong message against stigma, after a family court granted her divorce on Saturday. According to her counsels Rajeev Giri and Naseeb Saifi, Pranita had married an Army Major from Shahjahanpur ...Read More >
Meerut (UP), Apr 5 (PTI) In a striking departure from conventional social attitudes, a family in Uttar Pradesh's Meerut marked a divorce not with silence but celebration. Retired judge Gyanendra Kumar Sharma welcomed home his only daughter Pranita Vashistha with drums, garlands and sweets, sending out a strong message against stigma, after a family court granted her divorce on Saturday. According to her counsels Rajeev Giri and Naseeb Saifi, Pranita had married an Army Major from Shahjahanpur ...Read More >
New Delhi, Apr 5 (PTI) Supreme Court judge Justice BV Nagarathna, while highlighting that the Election Commission is the primary institution entrusted with maintaining the integrity of polls, has said if those who conduct elections are dependent on those who contest them, the neutrality of the process cannot be assured. The apex court judge raised a critical concern regarding the structural independence of those tasked with overseeing the ballot while delivering the Rajendra Prasad Memorial Lec ...Read More >
New Delhi: India Infrastructure Finance Company Ltd (IIFCL) plans to mobilise up to USD 1 billion through the MIGA guarantee fund during the ongoing first quarter to support infrastructure development across the country. The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against non-commercial risks to facilitate the flow of foreign investment in developing countries and lift people out of poverty. "We are in the process of seeking approval for mobilising up to USD 1 billi ...Read More >
Kochi: The manifestos of UDF and LDF, released exactly a week before polls, reveal some striking similarities, with both fronts harping on welfare and development.The manifestos contain a wide range of assurances -- welfare schemes, particularly in healthcare; employment; education and infrastructure. Both fronts have promised to increase welfare pensions to ₹3,000. Major infra proposals such as metro rail in both Thiruvananthapuram and Kozhikode find mention in both manifestos. High-speed rail, ...Read More >
Three days after the arrest of CREST project director Sukhwinder Singh Abrol in the ₹83-crore fraud case, the Chandigarh Police on Wednesday arrested an accountant, Sahil Kukkar, as the probe into the alleged siphoning of funds gained pace. A resident of Sector 78, Mohali, and originally hailing from Fazilka, Punjab, Kukkar joined the investigation on Tuesday. But during interrogation, he failed to clarify or justify multiple transactions amounting to crores that were funnelled into shell fi ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Adoption of Bitcoin and Ethereum is poised to take a significant step forward as Charles Schwab introduces direct trading for both assets on its platform. As one of the largest financial institutions in the world, managing trillions in client assets, Schwab's entry into the crypto space represents a major bridge between traditional finance and digital assets. A $12 trillion asset ...Read More >
VMPL New Delhi [India], April 4: Binance, the world's leading cryptocurrency exchange and blockchain infrastructure provider, today reiterated its longstanding commitment to user safety and responsible trading by reinforcing comprehensive guidance to help retail users identify, avoid, and report impersonation fraud. Central to its ongoing effort is Binance Verify -- its official channel-authentication tool, which has been freely accessible to all users worldwide since its launch, with no accoun ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. If you hold XRP or follow crypto at all, you know 2026 has been rough. The token that once led the last bull run has spent most of this year dipping further. Frustration among XRP holders is high, and many are asking the same question: where is the XRP price headed next? Amid the gloom, one analyst remains vocal. Javon Marks, known for his bold chart setups, posted a long-term XR ...Read More >
MUMBAI: A structural shift is reshaping India's microfinance sector, with regulated lenders displacing informal sources as borrowing from moneylenders fell to 1% in 2024-25 from 46% in 2011, according to a survey by Microfinance Industry Network and National Council of Applied Economic Research.The survey, which covered 10,342 borrowers across 10 states, shows a maturing market where formal credit has become the primary source of finance for rural and semi-urban households. According to the repo ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto pundit Chad has drawn a connection between Ripple and XRP with SWIFT. This comes as Ripple continues to expand its payment services and other operations, further integrating XRP and RLUSD into traditional finance (TradFi). In an X post, Chad noted that Ripple Treasury and XRP are now connected directly to SWIFT. This came as he highlighted Ripple's listing of SWIFT as one ...Read More >
Shri Rajesh Kumar has assumed charge as Director (Finance) at REC Limited on 2nd April 2026. On 25th March 2026, the Appointments Committee of the Cabinet (ACC) approved the proposal from the Ministry of Power for the appointment of Shri Rajesh Kumar as Director (Finance) at REC Limited for a period of five years. Rajesh Kumar is a seasoned finance professional who brings over 30 years of extensive experience in the public sector, specifically in the power and infrastructure financing domains. ...Read More >
New Delhi: The rise of advanced artificial intelligence (AI) is no longer a distant disruption; it is reshaping the global job market. Recent layoffs at tech giants such as Oracle, Amazon and Meta point to a structural shift rather than isolated cost-cutting measures. Oracle announced job cuts on March 31 that could affect up to 30,000 employees, nearly 18.5% of its global workforce of 162,000. The layoffs are expected to impact mid- to senior-level staff, particularly those with over a decade ...Read More >
HYDERABAD, India, April 3 (Reuters) - Soon-to-be brides and grooms seeking shortcuts to shed pounds before the big day have become the latest consumer target for weight-loss drugs in India. New Delhi wellness clinic Klarity Skin Clinic touts a "Mounjaro bride" package, while other clinics have woven weight-loss injections into "pre-wedding" transformation packages typically focused on skin treatments and hairstyle makeovers. In a social media video, Klarity offers "guided nutrition, Mounjar ...Read More >
Hyderabad: The state government has placed an indent to raise Rs 18,900 crore through the auction of bonds in the first quarter (April-June) of the new fiscal 2026-27, according to data released by the Reserve Bank of India on Friday. The proposed borrowing forms part of the state government's larger plan to mobilise Rs 73,383 crore through market borrowings during the financial year, as outlined in the State Budget that was recently passed by the Assembly. As per the borrowing calendar submitt ...Read More >
New Delhi: The Centre is mulling a slew of pre-emptive steps to mitigate the war-hit sectors in the country amid the ongoing West Asia conflict. The government is mostly focussing on manufacturing, energy and export sectors, among others to provide some 'temporary' relief to these sectors. Apart from the government's inter-ministerial set-up, both the finance ministry and commerce ministry are working separately on some new measures, including more production-linked incentive or PLI schemes for ...Read More >
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