The Reserve Bank of India (RBI) has cancelled the registration certificates of two non-banking financial companies (NBFCs)—Ulhas Securities Pvt. and Sikar Investment Co.. The registration of Ulhas Securities, based in Gandhinagar, Gujarat, was granted in December 2003, while Sikar Investment, based in Bharatpur, Rajasthan, had been registered in March 1998. The cancellation was carried out under Section 45-IA (6) of the Reserve Bank of India Act, 1934, which allows the RBI to

In a bold move, Telangana Chief Minister Revanth Reddy has announced that the state government will not accept a ₹100 crore donation from industrialist Gautam Adani to the Young India Skill University. This decision comes in light of the ongoing controversies surrounding Adani, including allegations of corruption and a case filed against him in the United States. The industrialist is also accused of bribing state Chief Ministers, including Andhra Pradesh’s former CM Jagan Mohan Reddy.

Telangana CM Revanth Reddy has escalated his verbal attacks on opposition leader KCR by throwing an open challenge for him to attend assembly sessions. While Revanth has achieved his goal of becoming the CM and leader of the house, he is eager to see KCR in the opposition seat, which has not happened yet due to KCR's absence from assembly sessions. In a bold statement, Revanth called out KCR to come out of hiding in his farmhouse and confront him in the assembly. He emphasized that

The political landscape in Telangana has taken a dramatic turn with KTR, the BRS working president, possibly facing arrest. Reports surfaced that the Telangana police were investigating KTR in connection to the Kodangal farmer protests, which have recently escalated. This has led to widespread political drama, with KTR himself acknowledging the looming possibility of arrest. In response, he has openly challenged CM Revanth Reddy to arrest him if he can. The drama unfolded late last

It is no secret that Revanth Reddy and KTR have been arch rivals in Telangana for over a decade now. They are constantly in a warring situation and for the most part, KTR had the upperhand while KCR was the CM of Telangana for nearly a decade. But now that Revanth is the CM, things are bound to change drastically. In this connection, Revanth Reddy has hinted at possible action against KTR in the Formula E scam which is being actively pursued by the Telangana government. A related memor

Police in Telangana's Vikarabad district have taken swift action by arresting 55 individuals in connection with the recent attack on district officials during a public hearing for the proposed 'Pharma Village'. The attack, which took place in Lagacharla village of Dudyala mandal, left District Collector Prateek Jain, Additional Collector G. Lingya Naik, and Kodangal Area Development Authority (KADA) Chairman Venkat Reddy injured. The incident, which occurred in Kodangal con

If the reports appearing in a section of media are to be believed, Bharat Rashtra Samithi and former Telangana chief minister K Chandrasekhar Rao can breathe it easy in the sensational illegal telephone tapping case involving former special intelligence branch chief T Prabhakar Rao. According to these reports, Prabhakar Rao, the prime accused and former Officer on Special Duty of the Special Intelligence Branch (SIB), has reportedly been granted a green card in the United States. The reports

Prime Minister Narendra Modi extended his warm wishes to Telangana Chief Minister A. Revanth Reddy on his birthday, praying for his long and healthy life. The Prime Minister took to social media to convey his regards, stating, "Best wishes to Telangana CM Revanth Reddy Ji on his birthday. I pray for his long and healthy life." CM Reddy, in response, expressed gratitude for the kind wishes from PM Modi and thanked him for the gesture. Telugu actor Chiranjeevi also joined in to

That Andhra Pradesh state IT and education minister Nara Lokesh is gradually emerging as the heir apparent of his father and chief minister N Chandrababu Naidu is being established gradually in the TDP and also the government. The way the TDP ranks have been calling Lokesh the future chief minister of Andhra Pradesh on social media and the state government carrying his picture on the front page advertisements of the official programmes along with his father clearly indicated that Lokesh is em

Nara Lokesh, the scion of the Telugu Desam Party (TDP), is currently on an extended trip to the USA, where he is actively engaging with global tech giants to attract investments to Andhra Pradesh. One of the highlights of his visit occurred in Atlanta, where he unveiled a statue of the legendary Sr NTR, commissioned by the NRI TDP workers. The unveiling ceremony was a grand affair, marked by a unique spectacle of flower petals showered from a helicopter, adding a festive atmosphere

Chief Minister Revanth Reddy has made bold predictions regarding the political future of former CM K. Chandrasekhar Rao (KCR), suggesting that the BRS president is on the brink of losing his relevance in the coming year. This statement signals a potential end to KCR’s political era, according to Reddy. Revanth highlighted internal conflicts within KCR’s family, specifically mentioning the deteriorating relationship between K.T. Rama Rao (KTR) and his brother-in-law, Raj

In a significant development in Telangana, the Hyderabad Police conducted a raid on the Janwada farmhouse owned by Raj Pakala, KTR’s brother-in-law. During the operation, authorities confiscated liquor and compiled a list of several high-profile individuals connected to the case. As part of the ongoing investigation into potential violations of the Narcotic Drugs and Psychotropic Substances (NDPS) Act and the Telangana Gaming Act, the Mokila police have issued a formal summons

Telangana's political landscape is currently marked by volatility, with escalating tensions and a series of significant developments. Ponguleti Srinivas Reddy has indicated that multiple arrests are imminent in the coming days, coinciding with a police raid at the farmhouse owned by KTR's brother-in-law, heightening concerns about potential unrest. In response to the growing political unease, DGP CV Anand announced the enforcement of Section 144 in Hyderabad, effective from

Following former Infosys CFO Mohandas Pai's criticisms of Karnataka Chief Minister Siddaramaiah and Deputy CM DK Shivakumar, Andhra Pradesh minister Nara Lokesh has extended an invitation to multinational companies (MNCs) to consider investing in the state. Lokesh emphasized that under Chief Minister N. Chandrababu Naidu's leadership, Andhra Pradesh is implementing business-friendly policies that could make it a prime destination for investments as Bengaluru faces growing challenges i

Telangana politics has found a new focal point with the Musi River beautification project, igniting a clash between the Congress government and the BRS camp. While Congress aims to clear illegal establishments around the river, BRS leaders, including KTR and Harish Rao, are staunchly opposing this initiative. In the midst of this political tug-of-war, a humorous incident between KTR and Congress leader Revanth Reddy has gone viral on social media. KTR publicly challenged Revanth to

In a recent press conference, Telangana Chief Minister Revanth Reddy took a firm stance against BRS leader KTR, emphasizing the Musi Riverfront Development Program's goal of rejuvenating the river rather than merely beautifying it. He criticized the opposition for obstructing this crucial initiative, which aims to improve the living conditions of those affected by the Musi River's pollution. Revanth Reddy issued a bold challenge to his opponents, inviting them to live along

Minister Konda Surekha has become a focal point of controversy in Telangana politics due to her recent remarks involving BRS working president KTR, actress Samantha, and the Akkineni family. Her statements, which she made after facing social media trolling, included a provocative claim that KTR was responsible for Samantha’s divorce, unnecessarily dragging the Akkineni family into the fray. This has led to defamation cases against her and considerable backlash from both political circle

Telangana has a vibrant culture that sees liquor sales soar during the Dasara season, and this year has been no exception—setting an unprecedented record. From October 1st to 11th, a staggering 10.4 lakh cases of liquor and 17.5 lakh cases of beer were sold, accumulating sales worth ₹1,057.42 crore. By October 10th, the figures had already reached 836,000 cases of li

The mutual fund industry in India reported net outflows of ₹71,114.08 crore for September 2024, as per the latest data from the Association of Mutual Funds in India (AMFI). This decline follows a staggering 42.8% drop in August, where cumulative inflows into mutual funds were recorded at ₹1.08 lakh crore. Equity mutual funds saw a decline in inflows by 9.9% in September, totaling ₹34,419.26 crore, down from ₹38,239.16 crore in August. The net assets under management (AUM) of

In a surprising political development, several individuals associated with the Bharat Rashtra Samithi (BRS) met with Telugu Desam Party (TDP) chief Chandrababu Naidu at his residence in Hyderabad. The notable attendees included Malla Reddy, his son-in-law Marri Rajasekhar Reddy, and ex-MLA Teegala Krishna Reddy. While Malla Reddy and Rajasekhar Reddy's visit was primarily a social call, extending an invitation to Naidu for Rajasekhar Reddy’s daughter’s wedding, Teega