Banks are struggling to meet SEBI’s January 1st deadline for implementing a new cybersecurity framework. The extensive regulations require frequent audits, robust disaster recovery plans, and data storage within India. Banks have requested more time, citing the complexity of the…
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Markets experienced volatility following Trump’s election win and Republican control of Congress. While the US economy remains resilient, Trump’s policies pose inflationary risks, influencing Fed decisions on rate cuts. Global economic divergence, particularly between a strong US dollar and weaker…
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India’s economic momentum is expected to recover in the second half of FY25, driven by a rebound in government capex post-elections, recovery in rural consumption, and on the back of festive season demand, a report by Motilal Oswal Private Wealth…
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India’s auto components industry saw robust growth in the first half of FY25, with an 11.3% increase in market size to $39.6 billion. Demand for larger vehicles, especially UVs, surged, alongside a rise in motorcycles with higher engine capacities. EV…
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Swiggy launched ‘Scenes’, a new in-app feature for booking tickets to restaurant events, directly competing with Zomato’s District platform. Currently operating in Bengaluru, Scenes offers tickets to events like New Year’s Eve parties and live music performances, leveraging Swiggy’s 17.1…
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Fraudsters pretend to be law enforcement officials, tricking victims into sending money or sharing personal information by making up fake legal cases involving victim or their family member.
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