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The Competition Commission of India (CCI) has approved Warburg Pincus’ proposal to acquire a 10% stake in IDFC First Bank through its arm, Currant Sea Investments BV. Additionally, CCI has cleared Omnicom Group Inc.’s acquisition of The Interpublic Group of Companies, Inc., where IPG will become a wholly-owned subsidiary of Omnicom following the merger.

The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said

Ahmedabad is emerging as a significant spacetech hub in India, fueled by startups founded by former ISRO engineers. These ventures, including SatLeo Labs and PierSight, have collectively raised $5.3 million, attracting substantial initial investments. Their innovations in thermal imaging, SAR technology, and satellite propulsion are poised to revolutionize commercial space applications, supported by a conducive ecosystem and IN-SPACE.

Pepperfry has secured Rs 43.3 crore in funding from existing investors like Norwest Venture Partners and Goldman Sachs. This infusion follows a previous $23 million round in 2022. While revenue declined in FY24, the company has narrowed its losses and postponed its IPO plans, focusing on growth and profitability amidst competition from major ecommerce players.

QOS: COAI With the guidelines being notified on May 27, 2025, the DoCA said it aims to enforce penalties and platform liability in case of non-compliance, mandate verification of seller credentials and certification, introduce automated monitoring and takedown mechanisms for unauthorised listing, and drive consumer awareness through disclosures.

FDI from Singapore in 2024-25 increased to $14.94 billion from $11.77 billion in 2023-24, according to the latest government data

In March, Airbus announced plans to significantly increase its sourcing of components and services from India, targeting $2 billion annually by 2030

The Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning for stressed loans, impacting digital lending service providers. NBFCs must now make full provisions on these loans, diminishing their appeal for new business.

Government steps in to protect digital consumers, ordering annual audits and stricter checks on manipulative e-commerce design practices.

The Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning for stressed loans, impacting digital lending service providers. NBFCs must now make full provisions on these loans, diminishing their appeal for new business.