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New Delhi [India], April 5 (ANI): Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to a recent report by SBI Research. The report, released ahead of India's upcoming Monetary Policy Committee (MPC) meeting, flagged growing uncertainties in the global macroeconomic environment, noting that "global GDP growth forecast have not seen revisions so far, but downward revision s ...Read More >
New Delhi [India], April 5 (ANI): The Reserve Bank of India (RBI) is likely to keep key policy rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting scheduled for April 6-8, amid heightened global uncertainty triggered by the ongoing West Asia conflict, according to a report by SBI Research. "As the situation is still evolving, we expect RBI to maintain status quo in the upcoming policy," the report said, highlighting that this will be the first policy review since the outbrea ...Read More >
Mumbai: The Reserve Bank of India is expected to keep interest rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting from April 6 to 8, according to a report by SBI Research. This will be the first policy review after the ongoing conflict involving the US, Israel, and Iran. Due to global uncertainty, the central bank is likely to act carefully and avoid major changes for now. Focus on Stability Measures The report suggests that RBI may explore "Operation Twist." This is a to ...Read More >
Gurugram police have apprehended a key suspect involved in a series of ATM thefts, potentially solving multiple cases and recovering lakhs of stolen rupees. IMAGE: Illustration: Dominic Xavier/Rediff.comKey PointsGurugram police arrested Aashiq, a wanted suspect linked to multiple ATM thefts.The accused is allegedly involved in ATM heists in Rohtak, Jhajjar, and Rewari, stealing lakhs of rupees.Aashiq is a proclaimed offender with several cases registered against him, including under the Arms A ...Read More >
Hyderabad: Delays in domestic LPG cylinder delivery have been reported across the city, even as the civil supplies department maintained that there is no shortage of supply amid concerns linked to the West Asian crisis. According to data from the Telangana civil supplies department on April 1, a total of 2,49,099 domestic LPG cylinders were supplied. Of these, Indian Oil Corporation (IOCL) accounted for 1,06,722 cylinders, Hindustan Petroleum Corporation Limited (HPCL) for 90,633, and Bharat Pe ...Read More >
New Delhi: The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to February 27, 2026. At the ...Read More >
New Delhi, March 31: India's foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said on Tuesday. The report from SBI Research said current reserve levels are equivalent to more than 10 months of imports and that short‑term debt is below 20 per cent of reserves, providing room and time to intervene in the market to prop up the rupee if it is so desirable. The research firm ...Read More >
New Delhi, April 3 (SocialNews.XYZ) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to ...Read More >
Mumbai: Stock markets bounced back strongly on Thursday after a sharp fall in early trade, helped by buying in IT stocks at lower levels. Both benchmark indices, Sensex and Nifty, recovered all their losses and turned positive during mid-session trade. Sharp Fall In Early Trade The 30-share BSE Sensex dropped heavily in the morning, falling 1,588.51 points to an intraday low of 71,545.81. At the same time, the NSE Nifty also declined sharply by 496.85 points, touching a low of 22,182.55. The f ...Read More >
New Delhi, April 2: Xiaomi has officially expanded its popular Note 15 lineup with the launch of the Redmi Note 15 SE 5G today, April 2. Positioning the "Special Edition" (SE) as a blend of premium aesthetics and mid-range performance, the company has targeted a competitive price point under INR 20,000. The device stands out with its "Crimson Reserve" vegan leather finish and a high-capacity 5,520mAh battery, aiming to capture the budget-conscious yet style-focused consumer segment. Xiaomi has ...Read More >
Mumbai (PTI): Equity benchmark indices Sensex and Nifty declined 2 per cent in early trade on Thursday amid rising geopolitical tensions following US President Donald Trump's warning of intensified military actions against Iran, driving crude oil prices higher. Unabated foreign fund outflows also added to the weakness in domestic equities. The 30-share BSE Sensex plummeted by 1,433.72 points, or 1.96 per cent, to 71,700.60. The 50-share NSE Nifty dived 445.70 points, or 1.97 per cent, to 22,23 ...Read More >
Mumbai: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 2 ...Read More >
Anil Ambani and Reliance Communications are under renewed scrutiny as the CBI launches a fresh investigation into allegations of a Rs 3,750 crore fraud against the Life Insurance Corporation (LIC) involving Non Convertible Debentures. Photograph: Prashant Waydande/ReutersKey PointsThe CBI has filed a new case against Anil Ambani and Reliance Communications for allegedly defrauding LIC of Rs 3,750 crore.The case involves alleged conspiracy, cheating, misappropriation, and violations of the Preve ...Read More >
Mumbai: India's equity indices rebounded on Wednesday, tracking the overnight rise on Wall Street, as hopes of a resolution of the West Asia conflict sparked a decline in oil prices. Iranian President Masoud Pezeshkian signalled willingness to end its war with the US and Israel, while US President Donald Trump said hostilities would be over in a few weeks, sending Brent crude tumbling below $100 a barrel briefly and triggering an equity rally. Still, optimism remains fragile with investors wary ...Read More >
Mumbai, April 1: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent t ...Read More >
Kochi, Apr 1 (PTI) The KCBC on Wednesday termed as "excessive and dangerous" the proposed amendments in the FCRA, saying that it would lead to denial of justice to entities which use foreign funds for charitable and philanthropic activities. Kerala Catholic Bishops' Council (KCBC) deputy secretary general Thomas Tharayil said that the Bishops' body held a meeting regarding the issue on Tuesday and have communicated their concerns regarding the proposed changes to Prime Minister Narendra Modi, H ...Read More >
NEW DELHI: The Central Bureau of Investigation (CBI) has registered a yet another case against industrialist Anil Ambani of Reliance Communications Ltd and others based on allegations of causing wrongful loss of Rs 3750 crores to Life Insurance Corporation of India Ltd, the agency said. The FIR names Reliance Communications, Ambani, the then non-executive chairman and unknown public servants, accusing them of criminal conspiracy, cheating, and criminal breach of trust. Ambani is facing multiple ...Read More >
MUMBAI: UPI services saw widespread disruption on Wednesday, with several users reporting failed transactions and server errors, especially among customers of State Bank of India (SBI) and UCO Bank. Many users flagged the issue on X as it continued through the morning. Data from outage monitoring site Down detector showed a sharp spike in complaints, suggesting a widespread technical issue. Among the banks affected, SBI faced the brunt, with over 500 outage reports, while UCO Bank recorded arou ...Read More >
Mumbai: The stock market began the new financial year on a strong note, with the BSE Sensex rising 1,186.77 points, or 1.65 percent, to close at 73,134.32 on Wednesday. During the day, it surged as much as 2,017 points, showing strong buying interest across sectors. Wealth surge for investors The rally added nearly Rs 9.60 lakh crore to investors' wealth in a single session. The total market capitalisation of BSE-listed companies rose to Rs 4,22,01,433.48 crore (about USD 4.46 trillion), refle ...Read More >
New Delhi, Apr 1 (PTI) Market investors added Rs 9.60 lakh crore to their wealth on Wednesday as hopes of war ending in the West Asia propelled a rally in stocks, driving the BSE Sensex 1,187 points higher. A sharp rally in global markets and drop in crude oil prices also lifted market sentiment after two days of decline. Beginning the new fiscal year on a buoyant note, the 30-share BSE Sensex jumped 1,186.77 points, or 1.65 per cent, to settle at 73,134.32. During the day, it surged 2,017.03 ...Read More >
Ranchi (Jharkhand) [India], April 1: On the occasion of World TB Day, the RK HIV AIDS Research and Care Center--in collaboration with the SBI Foundation--played a pivotal role in the state's mission to become TB-free by conducting TB screenings and diagnostic tests, as well as distributing medicines and nutrition kits in Ranchi and Khunti (Jharkhand). Working in conjunction with CCL, the RK HIV AIDS Research and Care Center conducted TB screenings in the Chakara district, thereby raising awarene ...Read More >
PNN Ranchi (Jharkhand) [India], April 1: On the occasion of World TB Day, the RK HIV AIDS Research and Care Center--in collaboration with the SBI Foundation--played a pivotal role in the state's mission to become TB-free by conducting TB screenings and diagnostic tests, as well as distributing medicines and nutrition kits in Ranchi and Khunti (Jharkhand). Working in conjunction with CCL, the RK HIV AIDS Research and Care Center conducted TB screenings in the Chakara district, thereby raising aw ...Read More >
New Delhi: The Central Bureau of Investigation Wednesday registered a case against Reliance Communications Ltd (RCom), Anil Ambani, unknown public servants, and unknown others on allegations of causing wrongful loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India. The case has been registered based on a complaint received from Life Insurance Corporation of India Ltd. for offences of conspiracy, cheating, misappropriation, and offences under the Prevention of Corruption Act, accor ...Read More >
SBI UPI down: Downdetector shows a steep jump in the number of complaints, including over 500 payment issue-related complaints reports for State Bank of India.Several UPI users have reported facing payment-related issues, with many of them taking to X (formerly Twitter) to flag concerns. Downdetector also shows a steep jump in the number of complaints, including over 500 payment issue-related complaints reports for State Bank of India (SBI). Many UCO Bank UPI users have also raised complaints o ...Read More >
New Delhi: Digital payment services faced disruption across India on Wednesday, April 1, leaving many users unable to complete transactions through UPI platforms. According to outage tracking platform Downdetector, complaints surged sharply during the day -- indicating a widespread issue. The impact appeared significant on the State Bank of India, which saw over 500 outage reports, while UCO Bank recorded around 40 complaints. Overall, UPI-related downtime reports also crossed 40, with numbers ...Read More >
New Delhi: The Central Bureau of Investigation on Wednesday registered a case against Reliance Communications Ltd (RCom), Anil Ambani, unknown public servants, and unknown others on allegations of causing wrongful loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India. The case has been registered on the basis of a complaint received from Life Insurance Corporation of India Ltd. for offences of conspiracy, cheating, misappropriation, and offences under the Prevention of Corruption ...Read More >
UPI Down: UPI services are facing disruptions across India, with SBI and UCO Bank users reporting failed transactions. Here is everything that you need to know. UPI Down: If you couldn't make the UPI payments today, then know you're not the only one experiencing it. Several UPI users have faced the issue in India while making payments; however, it seems to be primarily with State Bank of India and UCO Bank accounts. For some, the payment just keeps loading. For others, it fails midway or doesn' ...Read More >
Mumbai, Apr 1 (PTI) Benchmark indices Sensex and Nifty closed nearly 2 per cent higher on Wednesday, in tandem with a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. The 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 22 ...Read More >
Shimla, (Himachal Pradesh) [India], April 1 (ANI): Noisy scenes were witnessed in the Himachal Pradesh Assembly on Wednesday, leading to adjournment of the House for 20 minutes amid a protest by the opposition Bharatiya Janata Party (BJP). The BJP had moved an adjournment motion seeking a discussion on the Congress government's decision to introduce changes in the reservation roster for Panchayat elections. However, Speaker Kuldeep Singh Pathania kept the request pending, triggering protests fr ...Read More >
Bhubaneswar (Odisha) [India], April 1 (ANI): Odisha Chief Minister Mohan Charan Majhi on Wednesday extended his greetings to the people of the state and Odia citizens residing across the country on the occasion of Odisha Foundation Day, also known as Utkal Divas. Marking the formation of the first state on a linguistic basis, Odisha has carved a distinct identity both nationally and globally. On this occasion, CM Majhi paid heartfelt tributes to the great sons of the soil whose vision and sacri ...Read More >
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