Government has begun discussions with WhatsApp after the messaging app banned a high number of Indian accounts, raising concerns over the continued misuse of Indian mobile numbers for online fraud. According to people familiar with the matter, WhatsApp has been blocking an average of 9.8 million Indian accounts every month until October this year for…
MUMBAI: Serious Fraud Investigation Office (SFIO) has opened a formal probe into IndusInd Bank after a Dec 23, 2025 letter triggered an investigation under the Companies Act, 2013, over accounting lapses tied to internal derivative trades.In a filing, the bank said SFIO, under the MCA, seeks information after the lender flagged on June 2 issues…
Reserve Bank of India (ANI image) The Reserve Bank of India (RBI) has issued a draft proposal aimed at making cross-border payments more transparent and consumer-friendly. With this, the bank aims to address long-standing complaints about hidden charges and unclear pricing in foreign exchange transactions.A large number of individuals face difficulties while making overseas payments…
Shankh airlines (Image/Website) Uttar Pradesh-based Shankh Air is expected to begin flight operations in the first quarter of 2026. The airlines has already secured a no-objection certificate (NOC) from the Union civil aviation ministry,.Yesterday, two other carriers Al Hind Air and FlyExpress also received their NOCs, paving the way for fresh competition in India’s fast-growing…
Trading in Indian stock markets will be closed on Thursday, December 25, for Christmas, according to the exchanges’ holiday schedule.Both the BSE and the National Stock Exchange (NSE) will be shut for trading across segments on December 25. Normal trading activity will resume on Friday, December 26, 2025. This is the only stock market holiday…
Sunil Mittal (File photo-ANI) New Delhi: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second Chinese company to have sold a significant stake in its Indian operations after…
NEW DELHI: Captain SPS Suri, who flew back the hijacked IC 814 from Kandahar to Delhi on Jan 1, 2000, has been appointed the chief operating officer of India’s biggest regional airline Star Air. Former director operations of erstwhile Air India who worked with SpiceJet for nearly a decade after retiring from AI in Nov…
Indian Railway Finance Corporation (IRFC) has provided a Rs 9,821 crore loan to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) to refinance its foreign currency debt taken from the World Bank for the Eastern Dedicated Freight Corridor project, PTI reported.The rupee-denominated term loan agreement was signed between Rahul Kapoor, Director (Finance), DFCCIL, and…
Logistics and transportation services provider Yatayat Corporation India Ltd has filed draft papers with markets regulator Sebi to raise funds through an initial public offering, as the road freight segment continues to see strong demand, PTI reported.According to the draft red herring prospectus (DRHP), the proposed IPO will comprise a fresh issue of up to…
The average interest rate on a 30-year fixed mortgage in the US edged slightly lower this week but continued to hover within a narrow range that has prevailed for nearly two months, offering only modest relief to homebuyers.The benchmark long-term mortgage rate slipped to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said on…