Six individuals, including an IIT Delhi graduate and a private bank operations manager, have been apprehended by Mumbai cyber police for orchestrating a sophisticated digital arrest scam that duped a 68-year-old businessman out of over Rs 1 crore using impersonation…
India has achieved a record $13.34 billion in smartphone exports in the four months to July, with a significant boost from iPhone shipments to the US, strengthening its role in Apple’s supply chain amid shifting global trade dynamics. India’s smartphone…
The National Stock Exchange of India’s IPO, the second-largest in the country’s history, received robust demand from non-institutional investors and qualified institutional buyers on the second day of bidding, edging closer to a full subscription before closing on September 21.…
The Andhra Pradesh government has announced the revival of an additional pension benefit for nearly four lakh pensioners, with implementation scheduled for January 2027, including increased pension quantum for seniors and a broader relief package for state employees and retirees.…
Small traders in Kerala have announced a boycott of UPI transactions on October 15 in opposition to new charges introduced by the government, citing increased operational costs amid growing digital adoption. The Kerala Vyapari Vyavasayi Ekopana Samithi has said it…
Indian engineering giant Larsen & Toubro forecasts a $30 billion opportunity in the $150 billion global modular construction market, leveraging factory-built modules and automation to disrupt traditional project delivery methods worldwide. Larsen & Toubro is betting that modular construction will…
The National Stock Exchange’s closing auction session reached ₹16,613 crore, driven by FTSE index rebalancing and upcoming Nifty reorganisation, signalling increased activity in passive investing and derivatives trading. The National Stock Exchange’s closing auction session saw turnover surge to ₹16,613…
The Reserve Bank of India plans to implement a new draft framework allowing banks to restrict only the disputed amount in cyber-fraud cases, aiming to minimise disruptions for customers and comply with court directives. The Reserve Bank of India is…
The Indian government’s decision to increase the Employees’ Provident Fund Organisation wage ceiling from Rs 15,000 to Rs 25,000 aims to extend pension coverage and potentially boost life insurance benefits for over 51 lakh workers, with the maximum insurance sum…
REPAY argues that embedding security into payment infrastructure rather than overlaying controls improves user experience and reduces fraud, advocating for proportionate measures like tokenisation and unified frameworks across channels amid rising industry compliance demands. When security is built into the…
