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Kolkata: On Wednesday, the World Bank has raised India's GDP growth rate projection for FY27 to 6.6%. This constitutes an upward revision that comes amid the West Asia crisis. In January, in its Global Economic Prospects report, the World Bank projected that India's GDP will grow by 6.5% in FY27. The rate of GDP growth in India has been pegged at 6% by Moody's and 6.1% by OECD (Organisation for Economic Co-operation and Development). The common factor for each of these organisations was the impa ...Read More >
New Delhi: Signature Global's latest performance signals a decisive shift toward financial discipline and expansion, with the real estate developer tightening its balance sheet while preparing for new growth avenues. The company's net debt dropped sharply to Rs 2.0 billion at the end of FY26 from Rs 8.8 billion a year earlier, marking a 77 percent decline. This substantial deleveraging reflects tighter financial management and improved cash flows. With cash and cash equivalents at Rs 27.70 bill ...Read More >
New Delhi: Under Operation CyHawk 4.0, Delhi Police have uncovered a major network in what is their largest coordinated crackdown on cybercrime to date. Mohammad Javed, son of the owner of the popular food chain 'Khan Chacha', has been arrested. The case centres on a mule bank account used in a "digital arrest" scam. Police said an ICICI Bank account was operated under the name 'Saleem Javed - Rule the Rolls Since 1960', allegedly linked to 'Khan Chacha' in Khan Market. Fraud amounting to appro ...Read More >
(RTTNews) - Indian shares are seen opening a tad lower on Thursday as oil prices rebounded amid confusion over the U.S.-Iran truce terms. Uncertainty is growing around the ceasefire as both sides appear to be working with different versions of the peace proposal. Sporadic fighting continued throughout the Middle East, including in Lebanon, where Israel's military launched what it described as its most powerful attacks on Wednesday, killing hundreds of people and creating panic. Tehran, which ...Read More >
NEW DELHI: A passenger, who arrived from Bangkok to Indira Gandhi International Airport on March 31, has been arrested after marijuana worth nearly Rs 13 crore was found in his possession. Customs officials said, "When the baggage of a passenger was subjected to X-ray screening, it indicated suspicious contents. Upon examination, 13 polybags were found containing a green coloured substance, suspected to be marijuana." The net weight of the seized product was 12,910 grams with officials estimatin ...Read More >
New Delhi: The bullion markets across the country have once again witnessed volatility in gold rates, leading to a rise in prices. On Thursday -- the fourth day of the trading week -- a hike of ₹3,650 was recorded in the price of 22-carat gold, while the rate for 24-carat gold saw an increase of ₹3,830 per 10 grams. If you are planning to purchase gold, do not delay. If you are currently working on plans to buy gold, act promptly. You can check city-wise gold rates here; this will help complete ...Read More >
VIJAYAWADA: Directing the officials to make public transport affordable and to make efficient use of electric buses is a key factor to achieve this goal, Chief Minister N Chandrababu Naidu observed that clean fuel usage reduces operational costs and benefits the public. Chairing a review meeting on Roads and highways at the State Secretariat on Wednesday, the Chief Minister said through efficient solar power management, the state has already reduced electricity procurement costs by approximatel ...Read More >
NEW DELHI: Chhattisgarh chief minister Vishnu Deo Sai met Prime Minister Narendra Modi here on Tuesday to present him with a Bastar 2.0 development blueprint, aimed at transformation of the once Naxal-infested region into a hub for infrastructure expansion, innovation-led growth, start-ups and tourism. Bastar was recently declared as free from Left-wing extremism after all CPI(Maoist) leaders of standing were either eliminated or chose to surrender. The region, which had borne the brunt of Naxal ...Read More >
Uttarakhand Chief Minister Pushkar Singh Dhami has approved a total allocation of ₹1,200 crore to accelerate infrastructure development for the Kumbh Mela 2027 and to ensure effective implementation of district plans. Out of this, ₹282.29 crore has been sanctioned for 28 key projects across various departments aimed at speeding up infrastructure development for Kumbh Mela 2027. This marks a significant step by the state government towards organising the event on a grand and divine scale, acc ...Read More >
Gold prices in Chennai and Madurai climbed to a three-week high on Wednesday, tracking firm global cues as geopolitical tensions eased slightly following a ceasefire understanding between the United States and Iran. The softer US dollar further supported bullion demand in Asian trading, pushing rates higher across Indian markets. According to the latest data updated at 9:40am (IST) on Bullions website, 24-carat gold is priced at ₹15,373 per gram in both Chennai and Madurai. The rate for 22-car ...Read More >
Sudipta Sen, the central figure in the multi-crore Saradha ponzi scheme, has been granted bail in his final cases by the Calcutta High Court, potentially securing his release after 13 years and marking a significant development in the Saradha scam investigation. Key PointsSudipta Sen, the key accused in the Saradha ponzi scam, has been granted bail by the Calcutta High Court in the remaining two criminal cases against him.Sen's bail in these cases paves the way for his potential release from ja ...Read More >
Kolkata, Apr 8 (PTI) Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected to stabilise at the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. Dev said the currency had faced pressure due to global uncertainties, including the recent conflict between the United States ...Read More >
The Election Commission of India has launched a probe into allegations that Bharatiya Janata Party's Palakkad candidate Sobha Surendran distributed money for votes - an accusation that the leader has dismissed as "conspiracy". Kerala Chief Electoral Officer Dr Rathan U Kelkar said the alleged incident was reported on Wednesday, a day before the state goes to the polls. Visual media reports claimed Sobha distributed money to voters at Theruvakkurishi under Kannadi panchayat in Palakkad. Acting o ...Read More >
Amid concerns of a possible increase in fertilizer prices on account of the situation in West Asia, the Union Cabinet here on Monday approved an increase of about 12% in nutrient-based subsidy for Phosphatic and Potassic (P&K) fertilizers for the ongoing kharif crop season. Effective April 1 and up to September 30 this year, the tentative budgetary requirement for the subsidy will be ₹ 41,533.81 crore. "This is approximately ₹4,317 crore more than the budgetary requirement for kharif 2025 sea ...Read More >
Kolkata: India may exceed RBI's GDP growth projection for 2026-27, the chairman of the Economic Advisory Council to the Prime Minister, S Mahendra Dev, said on Wednesday. Speaking at an interactive session with members of the Bharat Chamber of Commerce in Kolkata, he expressed confidence that the economy could achieve 7% growth against the RBI's projection of 6.9%."I am more positive about growth and hoping for 7%. Last year we achieved 7.6%, but many said it would not exceed 7%. Our economy has ...Read More >
"We find no merit in the present petition. The same is accordingly dismissed," a bench of justices Navin Chawla and Ravinder Dudeja said. A detailed copy of the verdict was awaited. James approached the high court against a trial court's August 7, 2025, order denying his request to be released from prison. He challenged Article 17 of the India-UAE extradition treaty, allowing prosecution for "connected offences" as well. Advocate Aljo K Joseph, who represented James, said that he had undergone ...Read More >
Khan Chacha was founded in Delhi in 1972. New Delhi: The Delhi Police on Wednesday arrested the son of the founder of the popular restaurant chain, Khan Chacha, for allegedly facilitating cyber fraud by allowing fraudsters to use his bank account for channelling proceeds of crime. The police arrested Mohammad Javed and 'bound down' Khan Chacha director Mohammad Salim for allegedly allowing cyber thugs to use the bank account as a mule account to process money extorted from victims of the digi ...Read More >
Kolkata Knight Riders' troubles in IPL 2026 have deepened, with Matheesha Pathirana still awaiting fitness clearance from Sri Lanka Cricket, delaying his much-anticipated arrival. The Sri Lankan pacer remains unavailable as he is yet to complete the mandatory fitness tests required to obtain a No Objection Certificate (NOC) for overseas leagues. He is among several centrally contracted players who have not cleared these assessments, with injuries and logistical delays slowing the process. Path ...Read More >
Countering the points raised by Vijayan's letter to him earlier in the day, Revanth Reddy dashed off a reply, raising questions over Kerala's claims on poverty eradication and governance. "You tweeted that by late 2025, Kerala is set to become the first state to completely eradicate extreme poverty. We are in April 2026. In your letter, you speak of 64,006 families still receiving micro-plans. I ask plainly: has extreme poverty been eradicated? Was the November 1, 2025 declaration independently ...Read More >
NEW DELHI: The Delhi Police has arrested a 49-year-old man for allegedly facilitating a bank account linked to a venture linked to the brand "Khan Chacha," which was reportedly used in a "digital arrest" cyber fraud case. Police said scrutiny of complaints revealed suspicious transactions routed through a specific bank account used to receive money from victims of digital arrest fraud. Deputy Commissioner of Police (New Delhi) Sachin Sharma said the account was registered in the name of "Salee ...Read More >
NEW DELHI: The Delhi High Court on Wednesday rejected a plea filed by alleged middleman Christian Michel James in the Rs 3,600-crore AgustaWestland VVIP chopper scam case seeking his release from jail. A bench of justices Navin Chawla and Ravinder Dudeja said that the plea, which also challenged provisions of the India-UAE extradition treaty, had no merit. James, a British national, assailed Article 17 of the treaty, signed in 1999, which allows the requesting state (in this case India) to pros ...Read More >
NEW DELHI: Delhi Police has arrested a 49-year-old restaurateur for allegedly providing mule accounts to scammers involved in digital-arrest cases. Police said the accused, Mohammad Javed, is the son of the founder of well-known restaurant chain Khan Chacha, which was later acquired by another businessman.Javed's brother, too, has been bound down in connection with the case. Police said the case involves fraudulent transactions totalling around Rs 3.3 crore, a part of which was routed through th ...Read More >
BHOPAL/JABALPUR: Straight out of a Hollywood-style survival script, an inter-state thief hid underwater fornearly five hours using a lotus stem to breathe before being finally nabbed by the Railway Protection Force (RPF) with the help of divers. One of themost wanted criminals on Indian Railways' radar, investigators suspect his role in more than 500 train theft cases over the last decade.RPF officials identified him as Harvinder Singh (32), a resident of Bijnor in Uttar Pradesh, after matching ...Read More >
Kerala's political landscape: Kerala is used to a political rivalry between the CPI (M)-led Left Democratic Front and the Congress-led United Democratic Front (UDF). However, the 2026 Assembly election has also seen the Bharatiya Janata Party (BJP) emerge as a key player in its political landscape. The CPI (M), led by Pinarayi Vijayan, aims to retain power for a third consecutive term, while the UDF seeks to return to power. Meanwhile, the BJP-led NDA is looking to seize a critical opportunity ...Read More >
MUMBAI: Autorickshaw and taxi drivers staged a protest outside the Andheri regional transport office (RTO) on Wednesday, alleging that the transport authorities are forcing them to sign up for welfare benefits. Unions say drivers are unable to complete routine formalities at Mumbai's four RTOs unless they first cough up ₹800 to sign up with the new welfare board announced recently. Those who refuse to pay up are unable to renew their vehicle fitness certification and vehicle permits. Calling it ...Read More >
The attached assets -- including fixed deposits, bank balances, residential flats, a commercial office and agricultural land -- are linked to the bank's former chairman Hiren Bhanu and his family members. The action has been taken under provisions of the Prevention of Money Laundering Act (PMLA), officials said on Wednesday. The ED initiated its probe last year based on an FIR registered by the Mumbai Police's Economic Offences Wing (EOW), after the alleged fraud came to light in February follo ...Read More >
New Delhi [India], April 9 (ANI): A special court of the National Investigation Agency (NIA) on Wednesday convicted and sentenced four Bangladeshis in a transnational human trafficking case. The accused - Zakir Khan, Badal Houladar, Kabir Talukdar and Mohammed Bachchu Gharami - have been sentenced to 3 years of rigorous imprisonment (RI) by the NIA special court at Bengaluru (Karnataka). They have also been fined Rs 20,000 each, and will have to undergo another one month in jail in case of defa ...Read More >
According to data shared by MHADA, the housing authority has received 8,218 applications for 2,640 apartments up to the evening of April 5, 2026. Additionally, the state housing authority has received 4,032 Earnest Money Deposits (EMDs) from applicants seeking to purchase apartments. The last date for application submission is April 29, 2026. The last date for accepting online earnest money deposits (EMD) will be April 30, 2026, and payments can be made via RTGS and NEFT. Homebuyer applications ...Read More >
Indore (Madhya Pradesh): Following the verdict of a Tehsildar Court, a joint team of the district administration and Indore Municipal Corporation (IMC) cleared illegal encroachment on government land in the Pipliya Rao area on Wednesday morning. The market value of the land parcel is estimated to be worth nearly Rs200 crore. The court had declared the land as government property. Ghanshyam Dhangar, Sub Divisional Magistrate (SDM) of the Juni Indore area, led the removal action. According to of ...Read More >
Kalyan Jewellers posts 64% Q4 revenue growth driven by strong wedding and festive demand, with robust same-store sales and rising traction in its digital platform. Kalyan Jewellers on Tuesday said that it saw a consolidated revenue growth of 64% in the March quarter (Q4FY26), as wedding and festive demand remained strong. The disclosure was made in its latest business update for the period. The strong buying sentiment comes at a time when gold prices have remained volatile. Kalyan Jewellers is ...Read More >
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