Business

NEW DELHI: Chandigarh Police’s Cyber Crime unit arrested a 34-year-old man from Mumbai for allegedly defrauding a city resident of Rs1.3 crore through an elaborate WhatsApp impersonation scam. The accused, identified as Joshua Oscar Nevis, allegedly posed as the victim’s employer and tricked him into transferring the money. Fraud via WhatsApp Impersonation According to officials,…

Uday Kotak emphasised that the Indian government needs to provide “direct fiscal support” to enhance small businesses. Uday Kotak, the billionaire Indian banking figure, has urged Prime Minister Narendra Modi’s government to enhance fiscal assistance for small and medium enterprises, highlighting concerns about the impact of Donald Trump administration’s tariffs on the Indian economy.The founder…

Bitcoin value slides (AI image) Bitcoin declined towards $113,000 on Wednesday following its peak of $124,000 last week, whilst Ethereum remained around $4,100, indicating market uncertainty, as per analysts, quoted by Economic Times.“The crypto market is caught in a fragile moment, where sentiment is swinging faster than prices themselves. Bitcoin slipping toward $113,000 and Ethereum…

India intends to secure approximately 10% share of worldwide green hydrogen demand, projected to surpass 100 million metric tonnes by 2030, according to Shripad Naik, minister of state for power and new and renewable energy, speaking on Tuesday. Under the National Green Hydrogen Mission, Substantial progress has been achieved towards production goals, with 19 companies…

Unemployment on rise in Washington (AI-image) US capitol Washington DC maintained the nation’s highest seasonally adjusted unemployment rate for three consecutive months, according to recent Bureau of Labour Statistics data released on Tuesday.The District’s July unemployment rate reached 6%, primarily due to extensive federal workforce reductions implemented by President Donald Trump‘s Department of Government Efficiency….

HDFC Bank services to face outage HDFC Bank has notified its customers about temporary interruptions in specific customer care services, including WhatsApp chat banking and SMS banking facilities, in-between August 22, 2025 and August 23, 2025.According to the Economic Times report, the bank is implementing necessary system upgrades to improve the overall banking experience, resulting…

The Cabinet Committee on Economic Affairs has approved the construction of a 6-lane access-controlled Capital Region Ring Road (Bhubaneswar Bypass) in Odisha at a capital cost of Rs 8,307.74 crore.According to an official release, the project will be developed on Hybrid Annuity Mode (HAM) and cover 110.875 km between Rameshwar and Tangi. It is aimed…

China’s export restrictions on key rare earth magnets have led to supply chain bottlenecks affecting domestic industries, including electric vehicle (EV) manufacturers, the government told Parliament on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said regular consultations are being held with stakeholders to address the…

A parliamentary panel has pitched for raising India’s investment rate from 31% of GDP to 35% in order to sustain an ambitious annual growth target of 8% over the next decade. The Standing Committee on Finance, chaired by BJP leader Bhartruhari Mahtab, said a higher investment push, coupled with structural reforms and digital initiatives, is…

NEW DELHI: India’s youngest airline Akasa on Tuesday said it has completed funding transaction of about Rs 1,200 crore from new investors including Premji Invest, asset management firm 360 ONE Asset, and the investment office of Ranjan Pai. Existing investor Jhunjhunwala family has also infused additional capital into the airline that started flying three years…