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Indian Economy

Internal Inquiry at HDFC Bank Uncovers Confidential Data Leaks by Two Senior Executives

An internal investigation at HDFC Bank uncovered evidence that two senior executives disclosed confidential corporate information to external parties. The findings emerged following an...

State Bank of India Confirms Dark Web Leak of Nearly 3,900 Customer Records: How Serious Is the Breach?

State Bank of India (SBI) confirmed on Wednesday that a data leak exposed personal records of nearly 4,000 customers on the dark web. The...

India-US Trade Pact 99% Complete, Tariffs and Visa Restrictions Not Aimed at New Delhi: Marco Rubio

United States Secretary of State Marco Rubio declared in New Delhi on Wednesday that bilateral trade negotiations are almost complete. He stated that negotiators...

Union Cabinet Clears Historic Rs 52,878 Crore IDBI Bank Sale to Canada’s Fairfax

The Union Cabinet approved Canada’s Fairfax Financial Holdings as the strategic buyer for IDBI Bank on Wednesday. The landmark privatization deal carries a valuation...

Oman Emerges as India’s Leading LNG Supplier as Energy Imports Bypass Strait of Hormuz Turmoil

Oman overtook the United States to become India’s largest supplier of liquefied natural gas (LNG) in September. Indian energy importers shifted procurement toward Gulf...

RSS Affiliate Swadeshi Jagran Manch Urges Centre to Deny Operating License to Elon Musk’s Starlink

The RSS-affiliated Swadeshi Jagran Manch (SJM) urged the Union government on Tuesday to block Elon Musk’s Starlink from entering India. The influential economic group...

NPCI Defers UPI Merchant Payment Charges Until After Diwali to Protect Festive Retail Sales

The National Payments Corporation of India (NPCI) postponed the rollout of select merchant charges on Unified Payments Interface (UPI) transactions on Tuesday. The payment...

IMF Lifts India’s GDP Growth Projection to 7% Amid Deepening Global Economic Fragmentation

The International Monetary Fund (IMF) raised India’s economic growth forecast to 7 percent for the current fiscal year on Tuesday. The multilateral lender upgraded...

India’s Retail Inflation Surges to 5.54% in September Driven by Rising Food Prices

India's retail inflation accelerated sharply to 5.54 percent in September, according to official data released on Monday. The headline figure rose from 4.83 percent...

RBI Tightens Forex Derivative Rules and Imposes 20% Risk Reserve as Rupee Slides Toward 97 Against US Dollar

The Reserve Bank of India (RBI) introduced sweeping curbs on foreign exchange derivatives to suppress speculative trading as the Indian rupee dropped toward a...

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