Mumbai Accountant Arrested for Rs 6.49 Crore Fraud

Kalachowki police arrested accountant Shweta Salvi for misappropriating Rs 6.49 crore from Subhadra Metals after the Supreme Court denied her anticipatory bail. She allegedly diverted loans and forged signatures.

US Stocks Fall on Strong Jobs Data, Rate Cut Hopes Fade

US stocks ended lower Friday as a stronger-than-expected jobs report reduced hopes for Fed rate cuts. Tech shares led declines, with Nvidia and Broadcom falling. Oil prices remained elevated amid geopolitical tensions.

India Can Return to Over 7% Growth in FY28: CEA

CEA V Anantha Nageswaran said India can achieve over 7% growth in FY28 through macroeconomic stability and supply measures, provided external conditions improve, after RBI cut FY27 forecast to 6.6%.

India Forex Reserves Up $938M to $682.3 Billion

India's foreign exchange reserves increased by $938 million to $682.321 billion for the week ended May 28, as per RBI data. The reserves had hit an all-time high of $728.494 billion in February.

ICAR-NMRI team inspects closed Bacon Factory in Ranchi

A team from ICAR-NMRI completed a two-day inspection of the closed Bacon Factory in Ranchi. The factory, closed since the 1990s, requires complete renovation. A revival report will be submitted to the state government soon.

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