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Over 3 lakh students register for Tamil Nadu Engineering Admissions as deadline approaches

FIR now against ‘Khan Sir’ over firing outside his Patna coaching institute

Patna police registered FIR against the educator and two others over a firing and vandalism incident at the 'Khan Global Studies' (KGS) coaching institute.

White Paper on Kerala finances moots regulatory commission for Kochi metro user charges

The document notes that Kochi Metro registers a monthly loss of ₹35 crore. Notwithstanding these losses, the White Paper proposes metro projects in two more cities — Thiruvananthapuram and Kozhikode

Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision

The rupee appreciated 50 paise to 95.24 against the US dollar on Friday after the RBI liberalised norms for FPI investment in government securities. Forex traders said the announcements in the RBI policy boosted investor sentiments after the apex bank asserted that the country's forex reserves provide sufficient buffer against external shocks. At the interbank foreign exchange market, the rupee opened at 95.72, then touched 95.24 in intraday trade, registering a rise of 50 paise from its previous close. On Thursday, the rupee rose 2 paise to settle at 95.74 against the US dollar. The Reserve Bank on Friday expectedly kept interest rates unchanged for the second time in a row as it weighed the impact of rising energy prices and supply disruptions caused by the West Asia crisis. Announcing the second bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance. Moreover, the RBI raised limit for investments by Non-Resident Indians, Overseas Citizens of India in equity instruments. Malhotra also said that the central bank's policy on exchange rate remains unchanged and it does not target any specific rate/band for the rupee. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.40, higher by 0.01 per cent. Brent crude, the global oil benchmark, was trading up 0.36 per cent at USD 95.37 per barrel in futures trade. On the domestic equity market front, Sensex fell 142.06 points or 0.19 per cent to 74,217.95, while the Nifty was down 38.75 points or 0.17 per cent at 23,377.80. Foreign institutional investors offloaded equities worth Rs 4,447.06 crore on a net basis on Thursday, according to exchange data. Meanwhile, RBI has lowered GDP growth projection to 6.6 per cent from 6.9 per cent earlier for the current fiscal and raised CPI inflation projection to 5.1 per cent for FY27, higher from earlier estimate of 4.6 per cent. PTI

Flourish Stay owner sent to 4-day police custody; MCD finds 12 nearby B&Bs violating their permits

Police have registered a case under sections 105, 326(g), 324(5), 125(a), 125(b) and 287 of the Bharatiya Nyaya Sanhita (BNS)

CBI books man for allegedly posing as PMO official

Case registered after PMO complaint over wedding invitation card; accused allegedly sought “VIP darshan” arrangements at temples in Tamil Nadu

Student from Uttar Pradesh found dead in Rajasthan’s coaching hub Kota

Students from around the country arrive in numbers after completing class X and register in Kota’s residential institutes

Brokers prepare rollout of algo trading tools for retail investors

Mumbai: Major brokers are preparing to roll out algorithmic tools for retail traders over the next few months, amid greater regulatory clarity on retail participation in such trading practices.The move is set to not only help brokers expand revenue streams by charging fees to access the trading algorithms (algos), but also help fintech firms scale up by distributing their algo strategies across multiple platforms. Retail clients may be able to access such strategies for as little as ₹5,000 per strategy.Algorithmic or algo strategies use computer programs or pre-set formulas to execute trades when certain conditions like price, volume or technical patterns are met.Sebi's revised framework for safer participation of retail investors in algorithmic trading has been fully implemented since April 2026. It stipulates that brokers must obtain exchange approval for each algo, tag all orders for audit trails, monitor application programming interface (APIs), and handle investor grievances. In addition, exchanges must supervise algo trading through testing and surveillance. Given the regulatory clarity, many brokers have now rushed to provide services.Large traditional brokers such as HDFC Securities and Motilal Oswal Financial Services already provide algos to clients. Other brokers are in the process of launching such services. Raise Securities, which owns Dhan trading platform, recently acquired the algo-provider startup Stratzy. Angel One, Upstox, SBI Securities, Kotak Securities, IIFL Capital Services and 5paisa are also preparing to offer these services to clients. Groww is also in conversation with algo platforms to onboard some strategies. Email sent to Groww did not elicit a response until press time."While algo trading has been around for some time using APIs provided by brokers, we expect higher adoption by retail customers in the long term," said Gaurav Seth, managing director and chief executive officer at 5paisa Capital.The algo strategies are expected to attract retail derivatives traders. Currently, 12 algo providers or vendors are registered with the NSE.According to Mohit Bhandari, cofounder and chief executive of Stratzy, an algo strategy provider, most retail traders either do naked derivatives trading, or have to create trading strategies using multiple futures and options to hedge their risk, which is difficult to track. "Algo trading provides convenience through automation. It also becomes much easier to deploy sophisticated strategies," Bhandari said.Brokers eye algos offerings"The algorithmic trading landscape is becoming increasingly competitive. We anticipate a significant shift in trading volumes toward algorithmic strategies over the next two years," said Puneet Maheshwari, director at Upstox.

36 arrests in a day as Kochi City police launch ‘Operation Toofan’

Kochi City police registered 33 NDPS cases during raids across 90 locations as part of the Statewide anti-narcotics drive. Seven COTPA cases booked

Cambodia human trafficking case: ED conducts searches in U.P. and Punjab

The ED investigation is based on a First Information Report registered and charge sheets filed by the Delhi police

Police crack seven burglary cases, recover property worth ₹10.30 lakh

Kalaburagi Police appeal to citizens planning to travel out of station to register their houses under the new Locked House Beat System

Cabinet Okays Rs 9,585 Crore Scheme To Replace Old Trucks, Buses In Delhi-NCR

For BS-III or older vehicles, scrapping at Registered Vehicle Scrapping Facilities is mandatory.

Kerala HC grants transit bail to actor-husband of viral Kumbh Mela woman in kidnapping case

This will allow the couple to approach the Madhya Pradesh High Court since the FIR is registered there

AP Waqf Board chief urges Muthavallis to register on UMEED portal by June 6

Andhra Pradesh Waqf Board chairman Abdul Aziz asks Muthavallis who have not registered their properties to do so before the UMEED portal deadline on June 6

Govt notifies changes in Immigration and Foreigners Rules, 2025

The changes mandate foreigners in India on visas for 180 days or less to register themselves “any time before the expiry of the said period”

Searches carried out in six Kashmir districts in terror related case

The case registered in 2015 pertains to Pakistan-sponsored terrorist outfits, their sleeper-cell networks and activities related to recruitment, radicalisation and facilitating terrorism in J&K searches were conducted at in Srinagar, Bandipora, Kupwara, Anantnag, Kulgam and Baramulla districts

Man, 26, Stabbed To Death In Delhi By Brother-In-Law Over Family Dispute

Police have registered a case of murder and launched a search for the accused. (Representational)

Rules tightened for foreigners extending stay

Foreign nationals in India on a 180-day visa must now register before their visa expires, a shift from the previous 14-day grace period. New rules also mandate that extensions for stays exceeding 180 days are strictly for emergent situations, with no single extension permitted beyond the initial 180-day limit. These changes were announced by the MHA.

Institutions of Higher Education told to register on AISHE portal

Institutions that have AISHE codes need not register again, says APSCHE Vice-Chairperson

ED arrests 4 in Rs 2,004-crore fraud case

New Delhi: The Enforcement Directorate (ED) has arrested four promoters of a real estate group in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.The accused, Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta and Vikas Gupta, are promoters/directors of Earth Infrastructures Ltd. They were arrested on June 1 under the Prevention of Money Laundering Act (PMLA), an official statement said on Tuesday.The accused were produced before a special PMLA court in Delhi, which granted the agency five days' custody for interrogation, it said.Read More: Signature Global commits Rs 1,200-1,500 crore for land acquisitions in FY27According to the federal agency, the group collected around Rs 2,004 crore from more than 19,425 homebuyers and investors by promising timely delivery of residential and commercial units and assured returns.The agency alleged that its probe found approximately Rs 467 crore had been diverted or siphoned off through various group entities and related concerns and individuals."Despite receipt of substantial funds from the buyers/investors, the projects were either left incomplete or possession of units was not handed over, thereby causing wrongful loss to the homebuyers and investors," the ED said.The probe further revealed that a part of the alleged proceeds of crime was used for acquisition of movable and immovable assets in the names of various entities and individuals connected with the promoters and directors of the group, it said.The investigation was initiated based on five FIRs registered by the Economic Offences Wing (EOW) of Delhi Police against Earth Infrastructures Ltd, its directors and related entities under various provisions of the Indian Penal Code.The Serious Fraud Investigation Office (SFIO) has also filed a criminal complaint under Section 447 of the Companies Act against the promoters and directors of the group.Read More: Amazon adds 10.6 acres to Mumbai data centre campus in Rs 125 crore dealEarlier in April, the ED had conducted searches at premises linked to the Earth Group across Delhi-NCR.During the raids, the agency seized cash worth about Rs 6.30 crore, jewellery valued at around Rs 8.78 crore and property documents relating to more than 100 immovable properties estimated to be worth over Rs 100 crore.