India’s digital public infrastructure (DPI) is set to enter a transformative new phase with the launch of Finternet, a universal financial ecosystem platform that will go live by 2026. Announced by Infosys co-founder and DPI visionary Nandan Nilekani at the Global Fintech Fest 2025 in Mumbai, Finternet aims to unify tokenised assets such as land,…
Shares of JSW Steel are in sharp focus after the Supreme Court refused to quash ongoing money laundering proceedings against the company and its officials in connection with the Obulapuram Mining Company (OMC) case. The apex court, in its October 7, 2025 ruling, stated that the statutory process under the Prevention of Money Laundering Act…
India’s satellite communication (Satcom) market is poised for exponential growth, with projections indicating a doubling in size over the next couple of years, according to Union Minister for Communications Jyotiraditya Scindia. Speaking at the India Space Congress 2025 held in New Delhi, Scindia emphasized that the country’s Satcom sector is entering a transformative phase driven…
India may witness another wave of transformative policy reforms ahead of Diwali 2025, according to NITI Aayog CEO BVR Subrahmanyam. Speaking at a high-level economic conclave in New Delhi on October 6, Subrahmanyam said the government is preparing to unveil a fresh set of “next-generation reforms” aimed at boosting productivity, attracting investments, and enhancing ease…
As Tata Sons inches closer to its long-awaited public listing, a simmering power struggle within Tata Trusts—the principal shareholder of the conglomerate—has prompted the Centre to intervene discreetly to prevent governance instability. According to senior government sources, efforts are underway to mediate between key trustees and ensure that the leadership transition within Tata Trusts does…
In a startling revelation that underscores the growing threat of financial cybercrime in India, the Enforcement Directorate (ED) has launched a multi-agency investigation into OctaFX, an illegal online trading platform accused of laundering over ₹800 crore in just nine months. The platform, which operated without regulatory approval, allegedly duped thousands of Indian investors by offering…
Union Consumer Affairs Minister Pralhad Joshi has announced a sweeping crackdown on deceptive digital practices—commonly known as “dark patterns”—used by e-commerce platforms to mislead consumers and extract hidden fees. Speaking at a press briefing in New Delhi on October 3, 2025, Joshi said the government will take “firm and immediate action” against platforms that violate…
India has initiated a formal investigation into alleged dumping of certain steel products from China, Indonesia, and Vietnam, following complaints from domestic manufacturers about unfair pricing and market distortion. The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, confirmed that it is examining whether imports of hot-rolled flat products of…
In a landmark move that signals the coming of age of India’s banking sector, the Reserve Bank of India (RBI) has announced a sweeping set of policy reforms aimed at liberalizing operational frameworks, enhancing governance standards, and unlocking growth potential across public and private banks. The new guidelines, unveiled on October 2, 2025, are being…
WeWork India Management’s much-anticipated initial public offering (IPO) opens for subscription on Friday, October 3, 2025, with a total issue size of ₹3,000 crore. The IPO is entirely an offer for sale (OFS) of 46.3 million equity shares, meaning the company will not receive any fresh capital from the listing. Instead, existing shareholders—Embassy Buildcon LLP…
