IDFC FIRST Bank Launches Business Multiplier Credit Card
IDFC FIRST Bank launches a secured Business Multiplier Credit Card for entrepreneurs, offering lower interest rates, zero forex markup, and 100% credit limit against fixed deposits.
Category : Banking
Woo Investors Go Electric: India's EV Sector Attracts Global Funding
India's electric vehicle sector is attracting global investors with policy support and growing market demand, signaling a shift towards sustainable transportation.
BoB Q4 net profit rises 11.2% to record Rs 5,616 cr
Bank of Baroda reported a record net profit of Rs 5,616 crore in Q4FY26, up 11.2% YoY, driven by higher NII and lower tax provisions. Full-year profit crossed Rs 20,000 crore. The bank raised advances growth target to 12-14% and deposit growth to 10-12%.
Gold Pledge Fraud: Four Complaints Filed in Mysuru
Mysuru police have registered four complaints in a gold pledge fraud case involving Soundar Raj alias Chinna Thambi, who allegedly cheated customers by misusing pledged ornaments.
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FPI Outflows Hit Rs 27,048 Crore in May, Total Rs 2.2 Lakh Crore
Foreign investors continue to pull out from Indian equities, with net outflows of Rs 27,048 crore in May. Total FPI withdrawals in 2026 reach Rs 2.2 lakh crore, exceeding 2025 levels amid global uncertainty.
CNG Price Hiked Again in Delhi: Now Rs 80.09 per kg
IGL raises CNG price by Re 1/kg, breaching Rs 80-mark for first time. Second hike in 48 hours. Petrol and diesel also up. Check city-wise rates.
Delhi Court Grants Pre-Anticipatory Bail to Robert Vadra
A Delhi court granted pre-arrest bail to Robert Vadra in a money laundering case linked to a Haryana land deal, stating his detention is unnecessary as ED did not arrest him during investigation.
Chennai ATM Van Driver Held for Theft of Rs 25 Lakh
Vignesh Kumar, 27, a driver for Hitech Cash Management, was arrested for stealing Rs 25 lakh from an ATM replenishment van in Chennai. Police recovered Rs 8 lakh from him.
Mother-Daughter Arrested for Gold Theft in Chennai
Koyambedu police arrested a woman and her daughter for stealing 30.43g gold jewellery and a silver coin from a house in Nerkundram, Chennai. The theft occurred while the family was on vacation.
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Bank of Baroda Employee Accused of Rs 8.7 Crore Fraud
A Bank of Baroda employee allegedly siphoned Rs 8.7 crore from a currency chest in Ahmedabad, masking the shortage with false certificates on RBI's e-Kuber portal. The fraud was uncovered during an internal audit.
Jalna Bank Fraud: Three More Officials Arrested, Total 12 Held
Three more officials of Jalna Merchant Co-operative Bank arrested in multi-crore loan fraud; total arrests reach 12. Fraud amount escalates to Rs 53.2 crore.
DCA Telangana inspects 144 medical shops, detects violations
The Drugs Control Administration Telangana conducted a statewide inspection drive, detecting violations in 144 pharmacies including sale of medicines without prescriptions and expired drugs.
Anakapalle Police Arrest Gang, Recover Rs 66 Lakh Gold and Silver
The Anakapalle district police arrested a three-member gang involved in property offences, recovering 450 gms gold and 250 gms silver worth over Rs 66 lakh. The trio confessed to multiple crimes.
Power Cut in Bhopal on Sunday Due to Metro and Maintenance
Several areas in Bhopal will face power outages on Sunday from 6 am to 4 pm due to metro construction, NHAI line shifting, pole erection, and maintenance work.
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Consumer Court Slams MSEDCL for Billing After Disconnection
Jalna consumer commission quashes Rs 17,270 bill issued by MSEDCL despite power disconnection for two years, orders Rs 10,000 compensation for harassment.
ED Summons PSPCL CMD, Director in Arora Case
The Enforcement Directorate has summoned the CMD and a director of PSPCL in a money laundering case linked to Punjab Minister Sanjeev Arora, escalating the probe into alleged irregularities.
Jind Man Arrested for Phone Theft at Panchkula MC Victory Event
A man from Jind was arrested for stealing mobile phones during the Panchkula Municipal Corporation election victory celebration. Police recovered 10 phones from his possession.
India Restricts Silver Bar Imports to Ease Rupee Pressure
India has restricted imports of silver bars (99.9% purity) by requiring permits, aiming to curb non-essential imports and support the rupee amid West Asia tensions.
Bengaluru Metro Commuter Wins Compensation After Grab Handle Snaps
A Bengaluru Metro commuter whose nose was bloodied when a grab handle snapped was denied help by officials. The consumer commission ordered BMRCL to pay Rs 5,000 compensation.
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LPG crisis in Mangaluru forces hotels to use firewood
A steep hike in commercial LPG prices in Mangaluru has forced hotels and factories to switch to firewood, causing shortages and price surges. Dealers report demand outpacing supply.
TCS CEO Krithivasan Earns Rs 28 Crore in FY26
TCS CEO K Krithivasan earned over Rs 28 crore in FY26, 332.8 times the median employee pay. His compensation rose 6.3% year-on-year, reflecting his long tenure and leadership.
Paisabazaar CEO Warns Against 'Hungry Credit Behaviour' for Loans
Paisabazaar CEO Santosh Agarwal explains why credit score isn't the only factor and warns against 'hungry credit behaviour' that can lead to loan rejection.
Sebi, CBDT Ease PAN Rules for Foreign Investors
Markets regulator Sebi and CBDT have simplified PAN-related rules for foreign portfolio investors (FPIs), easing registration. The move allows authorized signatories to sign forms and relaxes TIN and contact details requirements.
PSU Oil Firms Hike Petrol, Diesel Prices by Rs 3 per Litre
Public sector oil companies raised petrol and diesel prices by around Rs 3 per litre across metros, partially covering losses. Further hikes may depend on government approval.
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Panic Buying Persists at Pune Fuel Stations Amid Supply Fears
Fuel stations in Pune see continued rush due to fear of shortage and delayed tanker movement, not just price hike. Dealers report 20-30% sales rise, but no actual shortage.
Pune man dupes four firms of over Rs 1 crore
Khadak police registered a case against a 71-year-old man for cheating four metal sheet firms of over Rs 1 crore between August 2024 and April. The accused purchased materials but failed to pay.
RJD slams NDA over fuel price hike, alleges poll delay
RJD attacked NDA governments at Centre and Bihar over petrol-diesel price hike, accusing them of delaying the increase until after assembly elections to shield their capitalist allies.
Fuel price hike in Hyderabad adds burden on commuters
Petrol and diesel prices in Hyderabad have increased by over ₹3 per litre, raising concerns among commuters, cab drivers, and delivery workers about rising operational costs and stagnant fares.
New cheating case against ex-Yes Bank CEO Rana Kapoor
Mumbai police registered a fresh cheating and forgery case against former Yes Bank CEO Rana Kapoor and others for allegedly selling mortgaged assets below market rates, causing a loss of Rs 1,000 crore.
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Navi Mumbai Municipal Corp to hike wages of 7,000 staff
Navi Mumbai Municipal Corporation proposes Rs 7,000-8,000 monthly wage hike for 7,000 contractual employees, backed by leaders and unions, to be voted on May 20.
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