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Business

UIDAI's Bold Steps to Combat Aadhaar Fraud: Enhancing Security with AI and Biometric Checks

UIDAI is implementing advanced security measures, including AI and biometric checks, to combat Aadhaar fraud. The authority is enhancing verification processes and digitalizing app...

Business

Historic India-UK Trade Deal: PM Modi's July 24 London Visit to Seal FTA with Piyush Goyal

Prime Minister Narendra Modi will visit London on July 24 to sign a historic Free Trade Agreement with the UK, aiming to boost bilateral trade to $120 billion by 2030. Piyush Goyal...

Business

Sebi Cracks Down on Illegal Dabba Trading: A Stark Warning for Investors to Stay Vigilant

Sebi reiterates the illegality of dabba trading, warning investors to remain vigilant. Recent actions include legal complaints and alerts to safeguard investor interests against un...

Business

UCO Bank Reports Impressive 10.2% Surge in Q1 Net Profit Fueled by Robust Interest Income Growth

UCO Bank reports a 10.16% YoY increase in Q1 net profit to Rs 607 crore, driven by higher interest income and controlled expenses. Deposits and advances show significant growth, wi...

Business

Indian IT Firms Navigate AI and Macroeconomic Challenges: Cost Cuts and Strategic Shifts Amid Margin Pressures

Indian IT firms are grappling with margin pressures from macroeconomic slowdowns and AI's impact, adopting cost cuts and strategic shifts. Experts predict persistent challenges des...

Business

RBI Introduces Stricter Guidelines for Digital Banking: Ban on Third-Party Product Promotions and Mandatory Customer Consent

The Reserve Bank of India proposes new draft rules for digital banking, including bans on third-party product promotions and mandatory customer consent, aiming to enhance security ...

Business

Figma Sets Sights on $1.03 Billion IPO: A Bold Move in the Cloud-Based Design Software Market

Figma aims to raise $1.03 billion in its IPO on the NYSE under the ticker "FIG", offering 36.9 million shares at $25-$28 each, with Morgan Stanley, Goldman Sachs, Allen & Company, ...

Business

Verizon Surges Ahead with a 5.2% Revenue Jump to $34.5B in Q2 2025

Verizon Communications Inc. announced a 5.2% year-over-year increase in Q2 2025 revenue to $34.5 billion, with net income up by 9%. The company's shares rose 4.63% in premarket tra...