India is accelerating its semiconductor production capabilities with a planned investment of Rs 200 crore aimed at high-tech chips for CCTV cameras, servers, and high-performance computing (HPC) systems. This initiative forms part of the government’s broader strategy to reduce dependency on imports and strengthen the domestic chip manufacturing ecosystem. India announces Rs 200 crore investment…
The Financial Action Task Force (FATF) has issued a warning to Pakistan, stating that its recent exit from the greylist does not exempt it from ongoing scrutiny concerning terror financing. The FATF emphasized that Pakistan must continue to address risks related to terrorism financing to avoid future sanctions. FATF warns Pakistan that removal from the…
The Financial Action Task Force (FATF) has issued a stern warning to Pakistan, emphasizing that exit from its greylist does not exempt the country from continued scrutiny over terror financing concerns. FATF cautioned that Pakistan is not immune to sanctions if it fails to fully address issues related to terrorist funding and money laundering. FATF…
The Financial Action Task Force (FATF) has cautioned Pakistan that its recent removal from the greylist does not exempt it from ongoing scrutiny related to terror financing. Despite progress, FATF emphasised the need for continued compliance to dismantle terror funding networks. FATF warns Pakistan that exiting the greylist does not shield it from terror funding…
SBI Cards reported a 10% increase in its net profit to ₹445 crore for the second quarter of 2025, driven by robust credit card spending and sustained growth in its loan portfolio. The company continues to capitalize on rising consumer demand and digital payment adoption in India. SBI Cards reports a 10% rise in Q2…
Thyrocare promoter has sold a 10% stake in the company for ₹667 crore in a significant transaction. The deal marks a strategic stake reduction amid evolving market dynamics in the diagnostic services sector. Thyrocare promoter sells 10% stake for ₹667 crore, marking a strategic move in India’s diagnostic services sector amid growing market interest. Mumbai,…
The Securities and Exchange Board of India (SEBI) has imposed bans on 13 entities as part of its intensified efforts to strengthen market integrity and protect investor interests. The regulatory authority cited violations related to market manipulation and non-compliance with securities laws. SEBI bans 13 entities for market manipulation and regulatory violations, reinforcing compliance and…
A US-based investment fund has acquired a $400 million stake in Ace, a leading Indian insurance brokerage firm. This significant investment aims to support Ace’s expansion and enhance its service offerings in the growing Indian insurance market. US fund invests $400 million in Indian insurance broker Ace, boosting expansion and growth in India’s insurance sector….
US and China trade delegations have initiated high-stakes negotiations in Kuala Lumpur to resolve ongoing trade disputes. The talks come as the US threatens to impose a 155% tariff on Chinese imports, intensifying the pressure to reach an agreement. US and China have started trade talks in Kuala Lumpur amid a US threat of a…
The Financial Action Task Force (FATF) has issued a warning to Pakistan, emphasizing that its removal from the greylist does not exempt it from ongoing scrutiny regarding terror financing. FATF highlighted that Pakistan remains vulnerable to terrorist funding risks and must continue robust countermeasures. FATF warns Pakistan that its exit from the greylist does not…
