Investors Lose Rs 6.31 Lakh Crore in Market Crash
Indian stock markets plunged on Monday, wiping out Rs 6.31 lakh crore of investor wealth, as global sell-off and surging oil prices triggered a sharp decline in the Sensex and Nifty.
Indian stock markets plunged on Monday, wiping out Rs 6.31 lakh crore of investor wealth, as global sell-off and surging oil prices triggered a sharp decline in the Sensex and Nifty.
Three men were arrested in separate raids in Deoghar and Sahibganj districts of Jharkhand for alleged drug trafficking. Brown sugar and MDMA were seized from the accused.
A technical glitch at State Bank of India on Monday disrupted UPI, YONO, NEFT, RTGS, and IMPS services, causing widespread inconvenience for customers making payments at hospitals, pharmacies, and stores.
Indian government bonds advanced on Monday, shrugging off a crude oil price surge due to Middle East tensions, as optimism over RBI's accommodative stance and foreign capital measures supported sentiment.
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GIFT City is India's first IFSC, offering tax benefits, simplified regulations, and foreign currency transactions, attracting NRIs and global investors as a competitive offshore financial hub.
SpaceX plans a $1.75 trillion IPO on June 12, with shares at $135. Indian investors can't participate directly but can buy via LRS after listing. Retail demand is double the shares available.
Many taxpayers miss key deductions under the new tax regime. Learn about three benefits that can reduce your taxable income for FY 2025-26.
Jan Dhan accounts have crossed the 58 crore mark. Learn about the various facilities and benefits available with these accounts, including insurance and overdraft.
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RecommendedRajesh Exports chairman P Rajesh Mehta stated that LIC acquired a significant stake by purchasing shares from the open market, with no involvement from promoters.
The Indian rupee fell 56 paise to close at 95.74 against the US dollar on Monday, driven by risk aversion in global markets and strong demand for the greenback.
Finance Minister Nirmala Sitharaman announced that over 58 crore Jan Dhan accounts have integrated millions into formal banking, enhancing financial inclusion and enabling leak-free welfare distribution.
Goldman Sachs says RBI measures will cushion rupee depreciation by attracting foreign inflows and strengthening India's external balance sheet, expecting USD/INR to stabilise.
Finance Minister Nirmala Sitharaman announced that over 58 crore Jan Dhan accounts have integrated millions into formal banking, with 56% held by women and 67% in rural areas.
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RecommendedIndian stock markets fell sharply on Monday, with Sensex plunging 719 points and Nifty closing near 23,100, dragged by rising crude oil prices and global sell-off.
Check the latest fixed deposit interest rates offered by major banks like SBI, HDFC, ICICI, and more for 2026. Compare rates for better returns.
Delhi state consumer commission set aside a district order directing Bajaj Allianz to pay a mediclaim, ruling that the insurer was justified in rejecting the claim due to discrepancies in hospital records.
A metal stock trading below Rs 50 gained over 4% even as equity markets declined sharply due to weak global cues. Here's why the stock bucked the trend.
The RBI MPC unanimously kept policy rates unchanged at 5.25% with a neutral stance, focusing on communication and non-rate measures to support the rupee amid global pressures and rising inflation.
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RecommendedIndia's UPI service expands to Cambodia, making it the 9th country where Indians can make payments via QR codes. Learn about the partnership and cross-border payment benefits.
Gold prices dropped below Rs 1.53 lakh per 10 grams on MCX following missile attacks between Iran and Israel. Check city-wise rates here.
The Indian rupee opened 17 paise lower at 95.35 against the US dollar on Monday, weighed down by a stronger dollar, rising crude oil prices, and escalating Middle East tensions.
The Indian rupee fell 17 paise to 95.35 against the US dollar in early trade, pressured by elevated Brent crude prices after Iran launched missiles toward Israel.
Indian stock markets opened sharply lower on Monday, with Sensex crashing over 500 points and Nifty falling more than 1% amid weak global cues and selling pressure in IT stocks.
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RecommendedA leading logistics company retains investment-grade credit ratings, boosting investor confidence. The ratings reflect strong financial health and operational efficiency.
Morgan Stanley overweight on Titan, CLSA outperform on Bharti Airtel, Goldman Sachs buy on Adani Ports, JP Morgan overweight on Maruti Suzuki, Nomura buy on M&M.
A Dehradun man was booked for presenting another woman as his wife at a bank to withdraw mortgaged jewellery worth Rs 20 lakh. The fraud was discovered after the real wife received an alert.
LIC is engaging with RBI and Sebi to expand long-term investment instruments as annuity product inflows rise, CEO R Doraiswamy said, emphasizing the need to match long-term liabilities.
Understand the tax implications of dividends in India, including DDT, treaty benefits, and recent changes. Learn how to avoid double taxation.
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RecommendedWith the Q4FY26 earnings season over, market focus shifts to macro developments. Analysts expect equities to trade in a broader range in the near term.