India is reviewing its trade agreement with the United States. A recent US Supreme Court ruling has impacted tariff decisions. This development provides India an opportunity to re-evaluate its negotiation approach. The nation is not planning to withdraw from the existing deal. India aims to secure favorable terms while maintaining relations with the US administration.

IDFC First Bank disclosed Rs 590 crore in fraudulent transactions linked to Haryana government accounts, stemming from employee collusion at its Chandigarh branch. Despite the significant provisioning, the bank anticipates remaining profitable. A forensic audit by KPMG is underway, and suspected employees have been suspended as recovery efforts begin.

Haryana government has de-empanelled AU Small Finance Bank and IDFC First Bank from government business due to alleged fraudulent account openings. AU Small Finance Bank denies wrongdoing, stating all KYC checks were completed and transactions were initiated by the government department. The bank maintains no financial impact at this stage.

IDFC First branch fraud case: The transactions were executed using forged cheques and manually carried out at the branch, managing director and chief executive V Vaidyanathan told ET.

IDFC First Bank's market capitalization plummeted by Rs 14,438 crore after a Rs 590 crore fraud at its Chandigarh branch. Employees allegedly conducted unauthorized transactions in Haryana state government accounts, leading to a significant deposit balance discrepancy. The bank insists the incident is isolated and contained, but the Haryana government has de-empanelled the bank, signaling a loss of confidence.

Indian branches of major accounting firms are now actively pursuing large M&A deals exceeding $500 million. These firms are leveraging their extensive experience and deep client relationships to challenge global investment banks. This shift is driven by India's economic growth and increasing consolidation across various sectors.

India's upcoming CAFE III standards will likely balance the auto industry by imposing stricter fuel efficiency goals on large carmakers while offering some leniency to smaller ones. The discontinuation of derogation for small cars is expected to increase entry-level vehicle prices, pushing manufacturers towards advanced fuel-saving technologies.

Economists anticipate the Reserve Bank of India will inject at least ₹5 lakh crore through liquidity operations next fiscal year. This move aims to balance a significant supply-demand imbalance in the bond market, facilitating effective transmission of past rate cuts and controlling borrowing costs amid substantial issuances.

IDFC FIRST Bank has uncovered a significant fraud totaling Rs 590 crore. The incident involves employees at one of its Chandigarh branches. Four suspected officials have been suspended pending a thorough investigation. The bank is also appointing an independent agency to conduct a forensic audit. Strict action will be taken against all involved parties.

India's proposed treaty changes with France could significantly impact participatory note (P-note) trading. Previously, French investors enjoyed a tax advantage on Indian equity sales. The revisions aim to remove this benefit, potentially making P-notes less attractive and prompting investors to explore other jurisdictions like the Netherlands or Belgium for similar tax protections.

SBI has established startup hubs across multiple cities to support enterprises through debt, equity and access to government-backed schemes. The collaboration between banks, NBFCs and fintechs, MD Ravi Ranjan said, remains critical for last-mile credit penetration.

Indian companies expect a strong rebound in sales volume next fiscal year. Easing inflation and lower GST rates will make products more affordable, boosting household demand. This shift from price-driven growth to volume-led expansion signals a recovery in the mass market. Consumer sentiment is improving, with a positive outlook for the upcoming year.

India Inc delivered its strongest earnings performance in the past eight quarters in the third quarter of FY26, driven by broad-based sectoral growth and improving demand trends, a new report said on Sunday.

​Return on assets (ROA) is a profitability metric that measures how efficiently a bank uses its assets to generate profit. A higher ROA indicates better asset utilization and an increase in the bottom line.

​Return on assets (ROA) is a profitability metric that measures how efficiently a bank uses its assets to generate profit. A higher ROA indicates better asset utilization and an increase in the bottom line.

President Trump's tariff powers face new limits after a Supreme Court ruling. He has responded with new levies and investigations, aiming to maintain leverage. Experts suggest his ability to impose tariffs unexpectedly is reduced. This shift could offer some relief to countries previously impacted by his unpredictable trade actions. However, ongoing uncertainty about future tariffs persists for global businesses.

US President Donald Trump has raised import tariffs to 15 percent for all countries. This follows a Supreme Court decision that blocked his earlier tariff powers. The administration is now exploring new legal avenues for trade measures. This move creates uncertainty for global trade and impacts Australian exporters. The question of refunding previously collected tariffs also remains a significant issue.

India's merchandise trade deficit widened in January 2026 as imports outpaced exports, driven by a surge in gold and silver shipments. Despite external pressures, the domestic economy showed resilience with sustained momentum in industrial and services sectors, supported by strong domestic demand and improved investor sentiment.

These include credit facilities for e-commerce exporters and support for alternative trade instruments. The initiative aims to empower MSMEs for global markets. It seeks to simplify processes, enhance credit access, and strengthen overseas market integration.

A Niti Aayog report suggests enhancing post-apprenticeship benefits and speeding up the adoption of industry-aligned ITIs. The report offers recommendations to strengthen India's apprenticeship system. It aims to boost skilling and employment. The proposals include a unified mission framework and formal alignment with NEP 2020. This initiative seeks to create a skilled workforce for Viksit Bharat.