CBI files Rs 1,816 crore EPFO investment fraud case against Reliance Capital

IANS | August 1, 2026 2:22 PM

New Delhi, Aug 1 (IANS) The Central Bureau of Investigation (CBI) on Saturday said it has registered an FIR against Reliance Capital Limited in Mumbai, its former Chairman Anil Ambani, unknown public servants and other unknown persons, for allegedly causing a wrongful loss of Rs 1,007.55 crore, along with an interest liability of Rs 808.67 crore, by committing offences including criminal conspiracy, cheating, criminal breach of trust and criminal misconduct.

RBI may hold rates in August MPC as Q1 growth likely to cross 7 pc: Report

IANS | August 1, 2026 11:28 AM

New Delhi, Aug 1 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in its Monetary Policy Committee (MPC) meeting this month, as consumer price inflation is expected to remain above 5 per cent for the next two quarters and Q1 FY27 domestic product growth may exceed about 7 per cent, a report said on Saturday.