January 22, 2026

Kerala HC Hears Plea on Withheld Dearness Allowance Arrears for University Staff

University employees in Kerala approach High Court over unpaid Dearness Allowance arrears, calling government's claim of discretion unlawful and unfair amid rising inflation.

January 22, 2026

NRIs Cannot Pay Property Deposits for Friends Buying UAE Homes, Warn Legal Experts

NRIs in the UAE cannot legally pay property deposits for friends in India buying homes in the UAE. Such payments violate Indian foreign exchange rules under FEMA and may invite serious penalties from the Enforcement Directorate.

January 22, 2026

ED Arrests Sandeep Gupta in ₹236 Crore Richa Industries Fraud Case

The Enforcement Directorate arrested Sandeep Gupta, former MD of Richa Industries, in a ₹236 crore fraud case involving fake sales and asset diversion, linked to public sector bank losses.

January 22, 2026

IndiGo Profit Falls 78% to ₹549 Crore After Flight Disruptions in Q3

IndiGo's profit plunged 78% to ₹549.1 crore in Q3 2025 amid major flight disruptions and DGCA's 10% schedule cut. Revenue rose to ₹24,540.6 crore.

January 22, 2026

India's Net FDI Negative for 4th Month; Outflows Exceed Inflows by $446 Million in Nov 2025

India's net foreign direct investment (FDI) remained negative in November 2025, with outflows surpassing inflows by $446 million. High repatriations and disinvestments by foreign firms led to this trend, while portfolio investment also saw net outflows amid trade deal uncertainty and a weakening rupee.