Jerod Mayo Lands Finance Role After Patriots Firing
Jerod Mayo, fired as Patriots head coach in 2025, becomes managing director at Fifth Down Capital. Meanwhile, Mike Vrabel faces personal challenges amid coaching tenure.
Category : Business
Rupee falls 34 paise to 95.19 vs USD on geopolitical tensions
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.
Rs 28 Crore Bid for Sugar Mill Land to Clear Farmer Dues
Agricultural land of debt-ridden Kesar Sugar Mill in Bareilly was auctioned for Rs 28.05 crore to clear pending dues of around Rs 160 crore owed to farmers.
CBI Arrests Ex-RCom Group MD in Bank Fraud Case
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.
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India Industrial Output Up 4.9% in April
India's industrial output grew 4.9% in April, driven by a 6.2% rise in manufacturing. Electricity and gas supply also increased 4.9%, while sewerage and waste management surged 6.6% year-on-year.
Term Insurance for First-Time Earners: Coverage & Planning
First-time earners can lock in low premiums with term insurance. Learn how it protects parents, covers loans, and builds a foundation for wealth.
Businessman shot at in Haryana's Shahabad, injured
A businessman was shot by unidentified assailants in Shahabad, Haryana. He sustained injuries and was referred to PGI Chandigarh. Police have registered a case.
US Manufacturing Growth to Slow as Stockpiling Fades
US manufacturing growth expected to cool as stockpiling ends and inflation pressures intensify, according to S&P Global report. May PMI hit 55.1.
Brajesh Kumar Singh Appointed Canara Bank MD & CEO
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.
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Commercial LPG price hiked by Rs 53.50 in Ranchi
The price of a 19-kg commercial LPG cylinder in Ranchi increased by Rs 53.50 to Rs 3,304, impacting restaurants, caterers, and small businesses already facing high fuel costs.
India Must Recast Growth Strategy Amid Middle East Crisis: EY
EY report says India's long-term growth story remains intact, but short-term shocks from Middle East conflict necessitate strategic changes in energy security, reserves, and trade routes.
Two Arrested for Weaver’s House Burglary in Chennai
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.
ED raids Bengaluru firm in Rs 899 crore bank fraud
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.
New Weekly Train Between Raxaul and Tirupati Starts Monday
Indian Railways will launch a new weekly train between Raxaul and Tirupati from Monday. The train features 24 coaches including AC, sleeper, and general classes. Additionally, Danapur DRM felicitated 22 retiring employees.
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New Bihar-Tirupati Train Launched: Route, Stops, Timings
Indian Railways has introduced a new train connecting Bihar's Purnia to Tirupati in Andhra Pradesh, enhancing connectivity between the two regions. Check full route, stoppages, and schedule.
IDFC First Bank Fraud: ED Arrests Third Accused in Rs 645 Crore
The Enforcement Directorate arrested real estate businessman Vikram Wadhwa in connection with a Rs 645 crore fraud involving IDFC First Bank accounts of Haryana Government, Chandigarh Administration, and two private schools.
Jet Fuel Under-Recovery at Rs 30/Litre; LPG Demand Managed
The government reports jet fuel under-recovery of Rs 30 per litre, LPG demand managed via booking timelines, and fuel sales surged over 30% in May 2026.
US Stocks Near Records Despite Oil Spike; Nvidia Leads Tech Rally
US stocks traded near record levels on Monday as Nvidia's gains offset a rise in oil prices due to US-Iran tensions. The S&P 500 was flat, while the Dow slipped 130 points.
UPERC Questions UPPCL's Surcharge Calculation on Rs 1,400 Crore
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.
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India starts 114 Rafale jet procurement for Rs 3.25 lakh crore
India formally initiates the acquisition of 114 Rafale fighter jets from France in a deal worth Rs 3.25 lakh crore, with most aircraft to be manufactured domestically under the Make in India initiative.
Girgaum Residents Plan Protest Over Late-Night Power Cuts
Residents of Girgaum, Mumbai, are planning protests after repeated late-night power outages disrupted sleep and caused water supply issues, with BEST citing cable faults.
Commercial LPG Hiked by Rs 42, Domestic Unchanged
Commercial LPG cylinder prices have been increased by Rs 42, while domestic cooking gas rates remain unchanged. The revision reflects global market trends.
Ingredion Invests Rs 200 Crore in Sanstar
US-based Ingredion Inc invests nearly Rs 200 crore in Ahmedabad's Sanstar Ltd via preferential allotment, forming a joint venture for specialty ingredients.
Jharkhand Aims for Milk Self-Sufficiency by 2028-29
Agriculture minister Shilpi Neha Tirkey announced Jharkhand's progress toward milk self-sufficiency, with over 70,000 farmers linked to JMF and daily collection rising to 2,80,000 kg.
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Top 10 Indian Cities with Highest Property Price Rise
Discover the top 10 Indian cities where residential property prices surged the most in Q1 2026, led by Bengaluru with 24% annual growth, driven by IT boom and luxury demand.
Bengaluru's Simple Energy Raises Rs 250 Crore Funding
Bengaluru-based electric vehicle startup Simple Energy has raised Rs 250 crore in a funding round led by existing investors, with plans to expand production and launch new models.
Telangana e-auction: Rs 1,040 crore for 5.09-acre Raidurg plot
TGIIC secured Rs 204 crore per acre for a 5.09-acre plot in Raidurg, with Vamsiram builders buying it for Rs 1,040 crore. Two auctions generated Rs 2,529 crore revenue.
India Meets Fiscal Deficit Target of 4.4% for FY26
The Indian government successfully met its fiscal deficit target of 4.4% of GDP for FY26, driven by robust tax revenues and controlled expenditure, signaling fiscal consolidation.
India's GST Collection Up 3.2% to Rs 1.94 Lakh Crore in May
India's gross GST collection increased 3.2% YoY to Rs 1.94 lakh crore in May 2026, driven by higher domestic supplies and imports. Net collections stood at Rs 1.67 lakh crore after refunds.
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India-US BTA Talks Focus on Market Access, Tariff Relief
Indian and US negotiators meet in Delhi from June 1-4 to finalize an interim Bilateral Trade Agreement, with India seeking preferential market access and relief from Section 301 tariffs.
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