An automobile engineer recently lost ₹4.37 lakh after responding to an online loan offer. The case shows how quickly digital lending can turn risky when borrowers encounter fake apps, phishing links or unscrupulous agents posing as legitimate lenders. How the scam typically works Fraudsters place attractive loan offers on social media or messaging apps. Victims … Read more
CEO announces new group led by Peter DeSantis Andy Jassy told employees in an internal message — also posted on the company’s corporate blog — that a new organizational group will be formed and that Peter DeSantis will lead it. The announcement signals a leadership shift meant to refocus resources and expertise under a single … Read more
Sensex sees selective strength as key stocks climb In a recent trading session, several heavyweight constituents of the 30-stock Sensex index stood out as the biggest gainers. Investors pushed up shares across diverse sectors, with notable strength in defence, energy, auto, paints and financial services names. Top performers from the Sensex 30 Bharat Electronics — … Read more
Market Snapshot Forex traders said the domestic unit found support at lower levels as local equity markets showed a positive trend and Brent crude oil hovered near USD 59 per barrel. These factors helped steady the currency after recent volatility. What helped the currency Positive domestic equities: Strength in local stocks improved investor sentiment, reducing … Read more
Big drop in Indian students heading to the US The number of Indian students going to the United States for higher studies fell sharply in August 2025 — down 44% compared with August 2024. This marks the steepest decline since the pandemic years and signals growing pressure on the traditional flow of students to US … Read more
SEC filing shows multiple acquisition offers A Securities and Exchange Commission filing revealed that Warner Bros. Discovery received acquisition proposals on November 20. The offers covered either the entire company or parts of its business, according to the disclosure. Who submitted bids Netflix — an offer for all or some of the business Paramount — … Read more
Equity markets moved higher as fresh foreign fund inflows added momentum to the rally. The new capital helped lift stocks across sectors, improving liquidity and boosting investor sentiment after a period of cautious trading. Why foreign fund inflows matter Foreign investment can be a powerful driver for equity markets. When overseas funds buy local shares, … Read more
Co‑founder buys back Indian arm at a steep discount Mohan Lakhamraju, co‑founder of an edtech company, has reacquired its Indian unit from the parent company that bought the business earlier — paying only a fraction of the roughly $600 million price tag from the earlier deal. The move marks a quick turnaround as founders reclaim … Read more
Forex traders are pointing to likely intervention by the Reserve Bank of India (RBI) as the reason behind a recent firming in the rupee. Market participants say the central bank’s actions to smooth volatility and protect orderly market functioning appear to have nudged the currency stronger against the dollar. Why traders suspect RBI intervention Traders … Read more
The USD/INR pair moved higher after the Indian rupee hit a string of record lows in recent weeks, with forex traders attributing the shift to likely intervention by the Reserve Bank of India. Market participants say the central bank’s actions helped calm selling pressure and stabilise the currency. Why traders expect RBI intervention When a … Read more