The Centre has asked Patanjali Ayurved Ltd to explain a series of financial transactions flagged as suspicious by federal economic intelligence agencies, according to a report by Bloomberg. The Ministry of Corporate Affairs has issued a notice to the firm and is probing potential fund diversion and breaches of corporate governance.

Oyo Founder Ritesh Agarwal has invited name suggestions for its parent firm Oravel Stays, in a strategic move as the global travel tech platform prepares to launch its IPO and looks to have more premium segment offerings.

There is a high possibility that the name chosen through the exercise may end up being the name of the premium hotels app that Oyo has been working to launch in the near future, people familiar with the strategy told PTI.

The Central Bureau of Investigation (CBI) has arrested Chintan Raghuvanshi, a deputy director of the Enforcement Directorate (ED) posted in Odisha, in connection with an alleged bribery case, officials said on Friday.

Raghuvanshi, a 2013-batch Indian Revenue Service (IRS) officer, was caught in a trap operation after he allegedly demanded a bribe of ₹20 lakh from a Bhubaneswar-based mining entrepreneur.

The Information and Broadcasting Ministry has issued notices demanding Rs 16,000 crore from four private direct-to-home (DTH) companies for unpaid licence fees — a move that is likely to hurt the struggling sector, The Economic Times reported on Friday.

The notices demanded principal dues and accumulated interest from Bharti Telemedia (parent of Airtel Digital TV), Tata Play (formerly Tata Sky), Dish TV and Sun Direct.

Five migrant labourers were killed and several were injured in a blast in a firecracker manufacturing and packaging unit near a village in Punjab's Sri Muktsar Sahib district on Friday, police said.

The incident occurred in the two-storey factory unit located on Singhawali-Kotli road in Sri Muktsar Sahib.

Suzlon Energy’s net profit surged multi-fold to ₹1,180.98 crore in the fourth quarter of the financial year 2024-25, compared to ₹254.12 crore in the same period of the previous fiscal year.

Revenue from operations rose 73 per cent year on year (YoY) to ₹3,773.54 crore in Q4 FY25, up from ₹2,179.20 crore reported in the corresponding quarter last year.

Former Delhi chief minister Arvind Kejriwal, an accused in the Delhi excise policy case, moved court on Thursday seeking a no objection certificate (NOC) for the renewal of his passport.

Special Judge Dig Vinay Singh issued notice to Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) and sought their replies by June 4, the next date of hearing.

India’s domestic defence production has reached an all-time high of ₹1.46 trillion, while exports have crossed ₹24,000 crore, Defence Minister Rajnath Singh said on Thursday.

Addressing the Confederation of Indian Industry (CII) Annual Summit 2025, Singh said this transformation highlights the strength of the Make in India initiative, which has reduced dependence on imports and bolstered national security.

With recent prints of headline consumer price inflation remaining benign, there is greater confidence that it will converge to the target of 4 per cent over the 12-month horizon, the Reserve Bank of India (RBI) said in its annual report for 2024–25, released today.

While noting that the outlook for the Indian economy remains promising, the report said softer inflation and moderate growth warrant monetary policy to be growth supportive.

A federal court in the US on Wednesday (local time) blocked President Donald Trump from imposing 'sweeping' tariffs on imports citing an emergency-powers law.

A three-judge panel at the New York-based US Court of International Trade issued the ruling. The development comes after several lawsuits were filed against Trump, arguing that he has exceeded his authority, Associated Press reported

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