Fairfax’s IDBI Bank stake deal gets Cabinet approval, set to be India’s largest financial-sector FDI



The Indian economy grew 7.8 per cent in the April-June quarter of the current fiscal year, beating the Reserve Bank of India’s estimates despite global uncertainties. The central bank had projected a growth of 7 per cent. Real Gross Domestic Product (GDP) at constant prices in the first quarter of FY27 is estimated at Rs 81.36 lakh crore, up from Rs 75.46 lakh crore in the corresponding quarter of 2025-26. “Indian economy has sustained growth momentum despite global headwinds,” said the Ministry of Statistics and Programme Implementation (MoSPI).
Read moreThe Central government has moved an application in the Supreme Court seeking to quash FIRs filed by the police against protesters in connection with alleged violence during the NEET paper leak protests in Delhi and other States. The Solicitor General of India (SGI), Tushar Mehta, mentioned the plea before a bench led by Chief Justice of India (CJI) Surya Kant, seeking the court’s intervention in the matter, according to news agency ANI.
Read moreActress Shalini Pandey has spoken out after a fake AI-generated video featuring her began circulating online. The actor has clarified that the video is fabricated and has no connection to her. She also urged people not to share or engage with it.
Read moreScientists are examining a new theory to determine what triggered the devastating flash floods along the Nepal-Tibet region, after two initial explanations were ruled out. Nepal Centre for Disaster Management president Bishal Nath Upreti said the disaster was initially believed to be linked to a glacial lake outburst flood (GLOF), but that theory was later abandoned after authorities found no evidence of a glacial lake bursting along the affected route in Tibet. The disaster has raised fresh questions about the exact chain of events that unleashed such a massive flood and debris flow. According to Upreti, researchers are now studying satellite imagery to understand what happened at the remote site, which has not yet been reached by scientists.
Read moreIn a major development, Russia has submitted a detailed proposal to the Defence Ministry in response to India’s tender for the acquisition of five additional squadrons of S-400 Sudarshan long-range air defence systems for the Indian Air Force.
Read moreA relationship dispute in Greater Noida ended in a desperate search operation after a young woman jumped into the Hindon river when her boyfriend refused to marry her. The incident took place late at night in the Kulesara village area under the EcoTech-3 police station.
Read moreThe Delhi Police has arrested four alleged members of the Himanshu Bhau syndicate, including two criminals wanted in connection with multiple cases of murder, attempted murder and firing in Delhi, Haryana and Uttar Pradesh, an officer said on Sunday. All four accused were arrested from Kota, Rajasthan, by the Special Cell of the Delhi Police
Read morePrime Minister Narendra Modi arrived in Kyrgyzstan on Sunday to attend the 26th Shanghai Cooperation Organisation (SCO) Summit and hold a series of bilateral meetings on the sidelines. He was received at the airport by Adylbek Kasymaliev, Chairman of the Cabinet of Ministers of Kyrgyzstan.
Read moreA nine-year-old boy was run over and killed by an Innova Crysta in Mumbai’s Bandra area on Sunday afternoon. The child, identified as Ansh Ravindra Gupta, was crossing the road near Jijamata Garden on John Baptist Road when the car hit him.
Read moreAfter a power outage disrupted the NEET-PG 2026 examination at two centres in Jaipur on Sunday, the National Board of Examinations in Medical Sciences (NBEMS) has announced a re-examination for 2,445 affected candidates. According to the official announcement, the candidates who were affected by the technical issues will be allowed to reappear for the National Eligibility cum Entrance Test (NEET) Postgraduate (PG) 2026 exam on September 5, 2026.
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