Fintech major Razorpay has confidentially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO).

The size of the IPO is likely to be in the range of ₹5,000 crore to ₹6,000 crore.

The crisis in the Trinamool Congress deepened on Sunday as dissident MPs announced their merger with the little-known Nationalist Citizens Party of India and met Lok Sabha Speaker Om Birla seeking a separate seating arrangement in the House, even as TMC parliamentary party leader Abhishek Banerjee urged Birla not to accord any recognition to the breakaway faction.

The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since fighting began.

Full details of the deal were not immediately available. The signing will be Friday in Switzerland.

The Enforcement Directorate on Friday arrested two former executives of the Reliance Anil Ambani Group (RAAG) under the Prevention of Money Laundering Act (PMLA) in Mumbai, officials said.

The ED has taken transit remand of Sateesh Seth and Gautam Doshi, both of whom previously served as directors of Reliance Telecom Ltd., and is taking them to Delhi as the case is registered in the national capital, they said.

Prime Minister Narendra Modi on Saturday said the NDA government is strongly working towards youth-led development and one of the "defining features of the last 12 years" has been Indian youth's confidence in pursuing their aspirations.

Modi also said India's youth are making their mark across various sectors, from science and technology to manufacturing, space, semiconductors and drones.

In a dramatic pre-dawn operation that triggered a fresh political storm in West Bengal, police personnel, accompanied by central forces, conducted a raid at TMC national general secretary Abhishek Banerjee's residence here on Saturday in connection with an alleged financial fraud, officials said.

The operation, led by a team from Paschim Medinipur's Salboni Police station and assisted by Kolkata Police personnel, began shortly after 3 am and continued for more than four hours, triggering sharp reactions from the TMC.

Anthropic said on Friday it will "abruptly disable" its most advanced AI models for all users after the US government ordered it to suspend access to the models for foreign nationals, citing national security concerns.

The company received the export control directive to suspend access to Fable 5 and Mythos 5 for all foreign nationals, without being given specific details of its national security concern, Anthropic said in a statement.

US President Donald Trump accused Iran of carrying out drone attacks against Indian ships leaving the Strait of Hormuz, describing the alleged action as "totally unacceptable", while Tehran rejected the charge as "baseless".

Three vessels with Indian crew came under attack off the Oman coast this week. One of them resulted in the death of three Indian seafarers on Wednesday.

The US Navy said it has downed multiple one-way attack drones launched by Iran to target commercial ships transiting the Strait of Hormuz.

"Iran launched multiple one-way attack drones in an attempt to strike commercial ships transiting the Strait of Hormuz," the US Central Command said in a post on X late Friday evening.

The Supreme Court on Friday dismissed Congress leader Meenakshi Natarajan's plea challenging rejection of her nomination papers for the Rajya Sabha election from Madhya Pradesh.

A bench comprising Justices Prashant Kumar Mishra and Atul S Chandurkar, however, said it has not observed anything on the merits of the case.

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