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Severe heatwaves across India have led to a sharp rise in online orders for cooling and hydration products. Platforms like Swiggy Instamart, Zepto, and Flipkart Minutes are seeing increased demand, especially in Hyderabad and Bengaluru. Consumers are relying on 10-minute delivery services for instant relief as temperatures hit record highs nationwide.
Finance Minister Nirmala Sitharaman has warned Indian banks about rising cyber risks driven by artificial intelligence, highlighting potential fraud threats to the financial system. She urged lenders to strengthen cybersecurity, and improve real-time threat intelligence sharing. Officials stressed that AI-powered attacks could challenge banking security frameworks.
Elon Musk dropped fraud claims against OpenAI and co-founders Sam Altman and Greg Brockman, narrowing his lawsuit before trial. A judge allowed only two claims from 26. Musk alleges mission drift after Microsoft funding. He seeks $134 billion in damages. The trial will proceed in two phases, with a jury issuing a non-binding advisory verdict.
All banks in India are closed today, April 25, as it is the 4th Saturday of the month, an official bank holiday. Both public and private sector branches remain shut for in-person services. However, customers can still access ATMs, mobile banking, and UPI payments, ensuring smooth digital transactions despite the branch closure nationwide today.
Paytm has clarified that its services remain uninterrupted despite RBI restrictions. It stated that most app functions continue smoothly, including UPI payments, wallet usage, and ticket bookings. The statement aimed to reassure users of stable operations. The fintech firm emphasized normal functioning across all key features and urged users to continue it.
The Reserve Bank of India has cancelled the licence of Paytm Payments Bank, ending its ability to conduct banking operations. The action follows years of regulatory concerns over compliance failures. The bank can no longer accept deposits, and authorities may initiate winding-up proceedings while allowing withdrawal of existing funds.
India and the United States have agreed to stay engaged in ongoing discussions on a proposed trade pact after concluding recent high-level talks in Washington. Both sides focused on market access, digital trade, and reducing trade barriers. Officials stated that the discussions were constructive and aimed at maintaining momentum toward a broader bilateral trade agreement.
Market volatility often makes investors question whether they should pause their SIPs. However, financial experts say stopping investments during a downturn can hurt long-term wealth creation. SIPs work best through market cycles, as lower prices allow accumulation of more units. Staying consistent, rather than reacting emotionally, is key to building long-term returns.
Indian markets closed sharply lower as Sensex dropped 1,000 points and Nifty fell below 23,900 amid rising West Asia tensions and crude oil surge. IT stocks led losses, while broader indices also declined. Brent crude crossed $100 per barrel. Several major companies, including Reliance Industries and IndusInd Bank, announced Q4 results.
Gold and silver rates saw a notable dip in the Hyderabad bullion market today, offering some relief to buyers. The price of 24-carat gold dropped by ₹600 to ₹1,52,950 per 10 grams, while 22-carat gold fell by ₹550 to ₹1,40,200. Silver prices also declined sharply by ₹5,000 per kilogram to ₹2,65,000, with similar trends observed […]
★BSE Sensex plunged 2,400 points in three sessions.★Rising crude prices, up 18%, pressured inflation outlook.★Technical indicators signal potential further downside risk ahead.★Uncertainty over US-Iran talks unsettled global oil markets.★Rupee weakened past 94 per dollar, adding pressure.★FIIs offloaded ₹8,300 crore in equities.
The Sensex and Nifty opened with down in early trade today. The Sensex started trading today at 77,483.80, down at 181.11 points or 0.22%, and the Nifty was at 24,100.05, down at 72.50 points or 0.30%. The rupee was trading today at 94.25 against the USA dollar. Oil prices jumped after tensions in the Strait […]
Tesla has reported a loss of over $173 million on its Bitcoin holdings in the first quarter of 2026 due to a sharp decline in cryptocurrency prices. The company, led by Elon Musk, held around 11,509 Bitcoins as values fell significantly, impacting its digital asset portfolio despite maintaining its overall crypto investment strategy.
India may be missing a major multi-billion-dollar opportunity due to changing US trade policies under Donald Trump. Shifts in global strategy and economic priorities are affecting trade relations and investment flows. Infrastructure developments, including rail networks, are also linked to these changes, raising concerns about India’s long-term economic benefits.
Indian stock markets fell for a second day, with Sensex down 852 points and Nifty below 24,200, amid concerns over Strait of Hormuz disruptions and stalled US-Iran talks. Energy worries hit sentiment. Trent, M&M, and Shriram Finance led losses. Pharma gained, while auto, PSU banks, and realty declined. Several major firms reported Q4 results.