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The SC sought responses from the Centre and RBI after raising concerns over alleged collusion between banks, asset reconstruction companies and borrowers

Supreme Court flags ‘deep-rooted nexus’ between banks, asset reconstruction companies, borrowers...

Team PGurus - June 19, 2026 1

SC questions Rs.1,537 cr loan settlement over Rs.73.5 cr recovery Flagging a deep-rooted nexus between banks, asset reconstruction companies, and borrowers, the Supreme Court on...

Higher food prices lifted retail inflation in May, with fuel costs expected to keep inflationary pressures elevated

Economy

Price pressure returns: Retail inflation climbs on food cost surge

PGurus Newsdesk - June 12, 2026 0

From tomatoes to gold, rising prices drive inflation higher in May India's retail inflation accelerated to 3.93 per cent in May from 3.48 per cent...

Exchange and deposit facilities continue at RBI offices and via India Post

Banking

RBI says 98.47% of Rs.2000 banknotes returned; Rs.5,451 crore still unreturned

Team PGurus - May 1, 2026 0

RBI nears closure on Rs.2,000 note withdrawal The Reserve Bank of India (RBI) on Friday said 98.47 percent of the Rs.2000 banknotes in circulation have...

Apex court likens cyber fraud to dacoity, asks banks, RBI and telecom authorities to frame safeguards as MHA forms inter-departmental committee to combat digital arrest scams

Law and Order

Home Ministry forms inter-ministerial panel to deal with digital arrests; CBI...

Team PGurus - February 9, 2026 0

SC takes tough stand on digital arrest scams In a bid to crack down on the rising menace of "digital arrests", the Ministry of Home...

Fed meeting fears trigger sharp fall in Sensex, Nifty

Stocks

Sensex tanks 800 pts, Nifty breaches 26k: What’s dragging the markets...

PGurus Newsdesk - December 8, 2025 0

Indian markets drop on rupee weakness, FII selling and rising crude Indian equity benchmark indices Sensex and Nifty fell sharply on Monday, December 8, 2025,...

Currency turmoil spills into Dalal Street as traders seek stability, trade clarity

Markets

Rupee plunges to 90.13 vs dollar, market sentiment turns tense

PGurus Newsdesk - December 3, 2025 0

Indian rupee sinks to record 90.13 vs US dollar The Indian rupee tumbles on Wednesday, breaching the psychologically significant ₹90-per-dollar mark for the first time...

Supreme Court flags concerns over alleged dubious loans and round-tripping linked to Indiabulls/Sammaan Capital

Law and Order

SC pulls up CBI, slams SEBI’s ‘double standards’ over ‘reluctance’ to...

Team PGurus - November 20, 2025 1

Supreme Court flags SEBI’s inconsistencies, orders CBI-led meeting on Indiabulls probe Questioning the CBI and SEBI's "reluctance" to probe allegations of "dubious transactions" against Indiabulls...

Debt-ridden industrialist Anil Ambani challenged SBI’s move to classify his and Reliance Communications’ accounts as fraud, but the Bombay HC upheld the bank’s decision citing RBI guidelines

Law and Order

Bombay HC dismisses Anil Ambani’s plea against SBI classification of his...

Team PGurus - October 3, 2025 0

Setback to Anil Ambania's Bombay HC upholds SBI move to classify loan account as ‘fraud’ The Bombay High Court on Friday dismissed a petition filed...

Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be Rs.2,100 crore

Banking

RBI directs IndusInd to complete remedial action this month; assures customers...

Team PGurus - March 15, 2025 0

RBI confirms IndusInd Bank's stability Days after the big crash of shares of IndusInd Bank, the Reserve Bank of India (RBI) on Saturday assured customers...