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BCCI not subject to RTI Act as it lacks govt control or funding: CIC

CIC said BCCI is a pvt autonomous body registered under the Tamil Nadu Societies Registration Act and was not established by the Constitution, Parliament, state legislature or via govt notification

Niti Aayog urges raising R&D spend from 0.64% to 2% of GDP in 4-5 years

The report also suggested that India needs to introduce time-bound, incremental fiscal incentives to boost private sector investment in R&D

Fuel price hike cuts OMC losses by 25%; daily loss drops to ₹750 cr

The increase followed daily losses, climbing to an unprecedented ₹1,000 crore per day. The losses in a quarter rose to ₹1 lakh crore - enough to wipe out earnings of an entire year

PM Modi conferred Norway's top civilian honour, his 32nd global award

The Grand Cross is the highest grade of the Royal Norwegian Order of Merit. It is awarded for exceptional service in advancing Norway's interests and international relations

Gunveer Singh appointed RBI Executive Director with immediate effect

Prior to this, Singh was serving as Chief General Manager-in-Charge of Department of Payment and Settlement Systems of the central bank

Deeply concerned: India on drone strike near UAE's Barakah nuclear plant

No one has claimed responsibility for the attack. The UAE's Ministry of Defence said it is working to determine the source of the drone strike

IndusInd Nippon Life Insurance FY26 profit rises 15.12% to ₹248 crore

Strong new business growth lifts IndusInd Nippon Life Insurance FY26 profit

FinMin asks PSU banks, insurers to adopt austerity measures, shift to EV

Austerity measures would be implemented with immediate effect, the Department of Financial Services under the Ministry of Finance said in the circular

Parliament panel to review groundwork for VB-G RAM G rollout on May 20

Under the new framework, every rural household whose adult members volunteer to undertake unskilled manual work will be entitled to 125 days of guaranteed wage employment in a financial year

Arohan Financial Services files IPO papers; eyes ₹600 cr via fresh issue

Proceeds from the fresh issue will be used to boost the company's capital base and for general corporate purposes, the draft papers filed last week showed

Current account deficit to widen to 2.3% of GDP in FY27 from 0.9% in FY26

While India is above all the thresholds currently, it would fall below the 10th percentile threshold if the estimates on the BoP play out

Fertiliser subsidy bill for FY27 may rise by ₹70K cr amid West Asia crisis

The budgetary allocation for fertiliser subsidies in 2026-27 stands at Rs 1.71 trillion

Strides Pharma Q4FY26 results: Net profit jumps 51% to ₹129 crore

Strong growth in non-US markets lifted Strides Pharma Science's Q4 profit, even as its US business remained largely flat amid a weak flu season

Piyush Goyal asks industry to boost manufacturing to reduce imports

Piyush Goyal urges industry to cut import dependence, boost domestic manufacturing and help India achieve $1 trillion exports target

Indian markets can absorb shocks amid West Asia crisis, says Sebi chief

When there is a crisis in one part of the world, it also impacts the rest of the globe, Pandey told reporters here on the sideline of the Regional Investors Seminar for Awareness

DTC to run special bus service for Delhi govt employees for office commute

The move comes amid intensifying efforts by the Delhi government to encourage use of public transport in the wake of fuel concerns linked to uncertainties in West Asia

Zydus Wellness Q4 result: Net profit down 5.75% at ₹162 cr on higher costs

The company had posted a net profit of ₹171.9 crore for the year-ago period, Zydus Wellness said in a regulatory filing

JSW Energy sells 25 million JSW Steel shares for ₹3,150 crore via bulk deal

Post-transaction, the company's balance holding is 4,50,38,350 equity shares of JSW Steel Ltd, a regulatory filing said

FCI to raise ₹50,000 crore short-term loan for foodgrain operations

The funds are being raised to bridge cash flow mismatches arising from procurement and distribution of foodgrains

Bengal approves ₹3,000 monthly aid scheme for women, scraps state OBC list

Government also approved constitution of the 7th state pay commission for its employees, and staffers in allied statutory civic bodies, education boards, and those working in state-run institutions