CBI registers case against Anil Ambani, Reliance Capital in Rs 2,684 crore LIC fraud case

IANS | September 18, 2026 8:06 PM

New Delhi, Sep 18 (IANS) The Central Bureau of Investigation (CBI) has registered an FIR based on a written complaint received from Life Insurance Corporation of India (LIC) against Reliance Capital Limited (RCAP), Anil D. Ambani, former chairman of Reliance Capital, Satish Seth, Group Managing Director of Reliance Anil Dhirubhai Ambani Group (ADA Group), unknown public servants and others in an alleged fraud of Rs 2,684.57 crore, according to an official statement issued by the investigative agency on Friday.

India's IT software exports rise 9.5 pc to cross $239 bn in 2025-26

IANS | September 18, 2026 7:29 PM

Mumbai, Sep 18 (IANS) India's total IT software export services, including services delivered by foreign affiliates of Indian companies, increased by 9.5 per cent during financial year 2025-26, compared with the previous financial year, to touch the $239.3 billion mark, according to data released by the Reserve Bank of India (RBI) on Friday.

Creative economy emerges as India’s next growth frontier: MoS Murugan

IANS | September 18, 2026 4:55 PM

New Delhi, Sep 18 (IANS) Minister of State for Information and Broadcasting and Minister of State for Parliamentary Affairs, Dr. L. Murugan said on Friday that India’s creative economy is emerging as the country's next major growth frontier that can open new employment and entrepreneurship opportunities for young people.

Pakistan's rising fuel and power costs spur concerns over public silence

IANS | September 18, 2026 4:50 PM

New Delhi, Sep 18 (IANS) Growing concerns are being raised in Pakistan over the continued increase in fuel, electricity and gas prices with the absence of significant public resistance reflecting both deep economic vulnerability and a lack of effective political leadership, according to a report.

RBI absorbs Rs 2.23 lakh crore via VRRR auction amid surplus liquidity

IANS | September 18, 2026 4:18 PM

Mumbai, Sep 18 (IANS) The Reserve Bank of India (RBI) on Friday said that it absorbed Rs 2.23 lakh crore from the banking system through a Variable Rate Reverse Repo (VRRR) auction as part of its ongoing efforts to manage surplus liquidity and align short-term money market rates with the policy repo rate.

Pakistan cuts fuels for state vehicles to counter oil price surge

IANS | September 18, 2026 4:14 PM

New Delhi, Sep 18 (IANS) Pakistan has announced a new round of austerity measures including cut in fuel for official vehicles to cut government spending as petrol and diesel prices surge amid disruptions to Gulf supplies due to the West Asian conflict, as per multiple reports.