PhonePe has announced it has surpassed 700 million registered users on its platform. This milestone underscores PhonePe's extensive reach in India and its diverse digital offerings in payments and financial services. The company's growth is attributed to increasing consumer trust, a strong distribution network, and a focus on user-friendly digital payment experiences.
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
Despite a 21 per cent minimum wage hike in parts of Uttar Pradesh, factory workers in India, particularly in states like Uttar Pradesh and Haryana, continue to experience wages below the national average and a widening disparity compared to supervisors and managers.
'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'
IPL 2026 Week 6 featured Rohit Sharma's explosive return, Urvil Patel's record-equalling fifty, Finn Allen's maiden IPL ton and Rashid Khan's brilliant comeback spell.
Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.
The extent of doubts over the fairness of this election can be assessed by juxtaposing two figures: Total votes polled by the two principal parties and the number of people who were disallowed from voting this time, observes Nilanjan Mukhopadhyay.
India's foreign exchange reserves decreased by USD 7.052 billion to USD 709.759 billion in the week ending March 13, according to the Reserve Bank of India (RBI). This decline follows a previous drop and comes after reserves reached an all-time high in February.
Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis.
Explore the reasons behind Jasprit Bumrah's unexpected struggles in IPL 2026, analysing his past performances and the factors contributing to his current disappointing streak.
Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.
'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'
Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.
Delhi Capitals and Chennai Super Kings, both with eight points from nine games, face off in a crucial IPL match in Delhi. Both teams need a win to stay in contention for the playoffs.
Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.
India is one of the few nations, and perhaps the only nation, that has good relations with America, Israel and Iran. Knowing that a war in the Gulf would damage our economy, hurt supply of fertilisers and fuel, and cause general chaos, we should have tried to ensure this war did not begin, asserts Aakar Patel.
The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said a Reserve Bank report released on Wednesday.
The Indian rupee weakened against the US dollar due to a strengthening dollar, high crude oil prices, and foreign fund outflows amid geopolitical uncertainties.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
India has expressed strong concerns over attacks on commercial ships in the Strait of Hormuz, citing its importance to India's energy and economic security. Ambassador Yojna Patel highlighted the need to respect international law and ensure the safety of seafarers, while also addressing broader Middle East issues including the situation in Gaza and Lebanon.
Iran's representative in India, Abdul Majeed Hakeem Ilahi, describes the ongoing tensions between Iran and the US-Israel alliance as a state of 'no war, no peace,' calling for an immediate halt to the conflict and questioning the lack of pressure on the US and Israel to cease aggression.
The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).
Mohsin Khan scripts a remarkable comeback in IPL 2026 with his maiden five-wicket haul against KKR, highlighting his journey from a career-threatening injury to becoming one of the league's most effective pacers.
The India Meteorological Department (IMD) has predicted below normal monsoon rains for India this year, citing the potential emergence of El Nino conditions. This could significantly impact the country's agriculture-dependent economy.
Delhi Capitals struggled with the bat at home, posting a below-par 155 for seven against Chennai Super Kings in their IPL match. The home team batters failed to apply themselves on a pitch offering assistance to the spinners.
Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.
The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.
A recap of the action of the fifth week of IPL 2026.
India's economy experienced a growth of 7.8 per cent during the October-December quarter of 2025-26, according to the new series of national accounts with 2022-23 as the base year.
Jofra Archer has become the leading wicket-taker for Rajasthan Royals in the IPL, surpassing Shane Watson's previous record.
Ehsan Malinga shines amid a record SRH chase against MI, claiming the Purple Cap with a disciplined spell and continuing his impressive rise in IPL 2026.
I wonder if I can rest assured -- before the election ink on my finger fades -- that my home state is at the threshold of a better future, wonders Vice Admiral Biswajit Dasgupta (retd).
In February, the BBC reported that Manchester Super Giants, MI London, Southern Brave, and Sunrisers Leeds would not consider signing Pakistani players for the United Kingdom-based competition amid tensions between neighbours India and Pakistan.
The Congress party has criticised the Modi government on the first anniversary of the Pahalgam terror attack, stating that Pakistan has gained global respectability due to the failure of Prime Minister Narendra Modi's foreign policy.
There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.
Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.
SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.
Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
'Even if they align with the TVK now, I don't think the AIADMK leadership will completely surrender to the dominance of Vijay.'
The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.
