A tragic blast near Delhi’s Red Fort Metro Station has left at least 12 people dead. The Home Ministry has handed over the probe to the NIA under anti-terror laws, with PM Modi, currently in Bhutan, assuring that agencies will “get to the bottom of the conspiracy.”

Markets are off to a positive start as global cues lift Dalal Street, even as mutual fund equity inflows dipped for the third straight month. In the corporate world, JSW Steel plans to sell up to 50% of its stake in Bhushan Power and Steel, with Japan’s JFE Steel emerging as the frontrunner.

Confirming a CNBC-TV18 newsbreak, Neville Tata, son of Noel Tata, has been appointed as a trustee of the Sir Dorabji Tata Trust, one of the principal Tata Trusts.

Meanwhile, Banking Secretary Nagaraju says India may need new bank licences

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