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Banks, telecom companies to chuck OTPs, adopt silent authentication

Banks and telecom companies are developing a silent authentication mechanism to combat SIM cloning and eSIM swaps. This background check verifies mobile number and SIM card matches, flagging or blocking suspicious transactions in real-time without customer action. This move enhances security beyond traditional OTPs, aligning with new RBI mandates for two-factor authentication.

Banking/Finance-Industry-Economic Times

512,000 lines of leaked AI agent source code, three mapped attack paths, and the audit security leaders need now - VentureBeat

512,000 lines of leaked AI agent source code, three mapped attack paths, and the audit security leaders need now VentureBeatAnthropic leaked 500,000 lines of its own source code AxiosAnthropic's Boris Cherny, creator of $2.5 billion coding tool, makes a ‘clarification’ on Claude Code leak: ‘It's never an individual's fault, it’s the…’ The Times of IndiaAnthropic Races to Contain Leak of Code Behind Claude AI Agent wsj.comAnthropic took down thousands of GitHub repos trying to yank its leaked source code — a move the company says was an accident TechCrunch

Business - Latest - Google News

Prime Minister Modi reviews measures taken to diversify sources of LPG, LNG supply

Prime Minister Modi chaired a security meeting to diversify energy and fertilizer imports away from West Asia due to the war. The strategy focuses on price stability, anti-hoarding enforcement, and securing alternative trade routes to protect domestic consumers.

mint - economy

Scrutiny of pre-bankruptcy deals of businesses expanded: Nirmala Sitharaman

Nirmala Sitharaman explained that the ‘lookback’ period has been expanded to cover two years of pre-bankruptcy transactions leading up to bankruptcy petition being filed before the National Company Law Tribunal, the first forum of debt resolution proceedings.

mint - economy

RBI says banks cannot offer NDF contracts as its tightens forex norms

The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts involving the rupee to clients. This move aims to curb the rupee's decline. The central bank also stopped banks from rebooking cancelled derivative contracts. These new regulations are effective immediately. Bankers believe this makes it harder for banks to manage losses.

Banking/Finance-Industry-Economic Times

India Opens a New Institutional Door to Silver - FXEmpire

India Opens a New Institutional Door to Silver FXEmpireSilver Demand May Rise as India Opens Mutual Fund Access Investing.comGold ETFs India: How derivatives are reshaping investor outlook strategies Deccan HeraldGold, silver ETF pricing changes from April 2026: Key impact on your investment explained MSNHow gold, silver ETF valuation may change from today under SEBI rules CNBC TV18

Business - Latest - Google News

Update from five south-based banks: All report higher credit growth than deposit growth

Indian Bank and four south-based private banks have announced robust financial results for the March quarter. Gross advances and deposits saw significant year-on-year growth. Lending to the RAM sector drove advances for Indian Bank. Private lenders also reported healthy expansion in advances and deposits, indicating a positive trend in the banking sector.

Banking/Finance-Industry-Economic Times

Govt extends support for textile exporters as global uncertainty persists

Under the RoSCTL scheme, extended by 6 months till 30 September, the government refunds certain taxes and levies to textile exporters to boost their competitiveness in the global markets. nbsp;

mint - economy

Infrastructure boom drives rail freight to record 1,670 mt in FY26 as steel, cement loading rises

The Indian Railways transported a record 1,670 million tonnes of freight in FY26, driven largely by spikes in fertilizer and steel shipments. Despite the milestone, growth was modest, trailing that of other transport sectors and sparking concern about operational efficiency.

mint - economy

SpaceX files initial paperwork to sell shares to the public and likely make Musk a trillionaire - Forex Factory

SpaceX files initial paperwork to sell shares to the public and likely make Musk a trillionaire Forex FactoryElon Musk's SpaceX set to go public in $1 trillion share listing BBCSpaceX IPO: UAE, GCC investors eye record-breaking opportunity Khaleej TimesExclusive: SpaceX has held talks with Saudi fund for possible $5 billion investment in IPO, sources say ReutersSpaceX IPO buzz is heating up — here’s how to buy SpaceX stock before IPO, and invest in SpaceX pre-IPO sh The Economic Times

Business - Latest - Google News

Axis Bank launches Aadhaar Face Authentication for mobile number update: How it works

Axis Bank introduces a new digital feature for customers. You can now update your registered mobile number using Aadhaar-based face authentication directly on the mobile banking app. This eliminates the need for branch visits. The process involves three simple steps: entering your new number, completing face verification, and confirming with an OTP.

Banking/Finance-Industry-Economic Times

Passengers stranded in moving traffic after robotaxi outage in Chinas Wuhan

Passengers stranded in moving traffic after robotaxi outage in China's Wuhan

mint - technology

Android Auto left behind as OpenAI brings ChatGPT to Apple CarPlay: here's how it works

ChatGPT is now available on Apple CarPlay. The popular AI app can be used to interact with the AI via voice commands directly from their vehicle's dashboard. nbsp;

mint - technology

Banks' credit growth to moderate in FY27; NPAs to inch up: Crisil Ratings

Banks' credit growth is projected to slightly slow to 13% in FY27, with a potential 0.20% rise in bad loans to 2.5% by March 2027, according to Crisil. MSME loans exposed to West Asia, along with micro-loans and unsecured advances, are key concerns. Other factors include Bihar's microfinance bill and Maharashtra's loan waiver impact.

Banking/Finance-Industry-Economic Times

iPhone 18 Pro, iPhone 18 Pro Max launching soon: Expected price, camera, processor and more

Apple could launch its iPhone 18 Pro series in September. The company could keep the same 6.3 and 6.9-inch displays on the two devices while also making many other smaller changes to the devices. nbsp;

mint - technology

Net GST revenue hits ₹1.78 trillion in March, highest since April 2025 peak

Before adjusting for refunds, revenue collection stood at ₹2 trillion, an 8.8% annual increase. This is the first time since May 2025 that gross GST receipts have touched ₹2 trillion, having come close in January.

mint - economy

West Asia War: From Oil To Condoms - Price Hike Fears In India - News18

West Asia War: From Oil To Condoms - Price Hike Fears In India News18India's Rs 8,000 Crore Condom Industry Hit? The Impact Of Iran War Explained NDTVHealthcare sector faces rising costs amid West Asia conflict The Times of IndiaBitter pill: Medicine prices in India could see a substantial hike, stemming from Iran war Telegraph IndiaKitchen first, bedroom next? How West Asia conflict is crippling India’s $860 million condom industry indianexpress.com

Business - Latest - Google News

Urban households mostly use LPG, while rural households rely on firewood, too

A majority of Indian families now use liquefied petroleum gas for cooking, up from just 20% two decades ago. However, a substantial share of households, particularly in poorer states and in rural areas, are still reliant on firewood.

mint - economy

India tightens footwear rules to curb toxic chemicals, aid exports push

According to a BIS notification, reviewed by Mint, the new norms prescribe test methods to measure the presence of dimethylformamide and polycyclic aromatic hydrocarbons, respectively. Both substances are commonly used in footwear manufacturing and can pose health risks with prolonged exposure.

mint - economy

Perplexity AI accused of embedding ‘undetectable’ trackers for secretly routing sensitive user data to Meta and Google

Perplexity AI is facing a proposed class-action lawsuit for allegedly sharing sensitive user data with Meta and Google. The complaint claims that tracking software was embedded in the search engine to transmit personal information of users even in 'Incognito' mode.

mint - technology

Google ends 20-year restriction, finally allows users to change embarrassing Gmail usernames

Google is now allowing users to change their embarrassing Gmail usernames with a new update. The feature is currently onlly available to users in the US

mint - technology

Siri set for a big upgrade as Apple begins testing ChatGPT and Gemini like multi-request processing feature

Apple is testing a new Siri upgrade that lets users combine multiple requests in a single query. The feature is expected to debut at WWDC 2026 in June and roll out with iOS 27 in September. nbsp;

mint - technology

India pulls back jet fuel price hike; commercial LPG prices up around ₹200 as oil scales $105

ATF prices have more than doubled in Delhi and other metros from 1 April amid a global oil surge linked to the US-Israel-Iran war and Hormuz blockade. Commercial LPG rates rise again.

mint - economy

GRSE, BEL, other defence shares rally up to 20%: Here are 5 key reasons - Moneycontrol.com

GRSE, BEL, other defence shares rally up to 20%: Here are 5 key reasons Moneycontrol.comGRSE records highest turnover in 2025-26 The Times of IndiaGARDEN REACH SHIPBUILDERS & ENGINEERS Share Price Today Down 7% EquitymasterGRSE shares jumped 20%; will momentum continue in this defence PSU? MSNIndian Shipyards Hit Record Exports, But Analyst Views Split Whalesbook

Business - Latest - Google News

Pam Bondi fired by Trump- From POTUS' Attorney General pick to ouster – timeline of how she rose to prominence

Pam Bondi – a Trump loyalist, who oversaw Justice Department upheaval – is the first woman who has served as Florida's Attorney General. Trump, in his Truth Social post, described her as a ‘Great American Patriot and a loyal friend’

mint - news

SpaceX has held talks with Saudi fund for possible $5 billion investment in IPO

Elon Musk's SpaceX has had discussions with Saudi Arabia's Public Investment Fund ‌about PIF potentially ⁠taking ⁠an anchor stake of around $5 billion in the space company's IPO, according to two people familiar ​with the matter. The investment would partly prevent dilution of PIF's existing stake of just under ​1% in SpaceX.

Tech-Economic Times

Tiger Woods DUI arrest: Bodycam footage shows moment golf star taken into custody | Watch

The videos, released by the Martin County Sheriff's Office and shared by local media WPBF, show Woods speaking with officers, undergoing field sobriety tests, and being taken into custody.

mint - news

Google unveils Gemma 4, expands lightweight open model lineup for developers

The Gemma 4 model offers capabilities such as advanced reasoning, agentic workflows, coding, and support for over 140 languages. The models are also capable of solving complex mathematical problems and generating high-quality code, positioning them as potential local AI coding assistants.

Tech-Economic Times

AIBEA writes to FM seeking probe into HDFC Bank matter after chairman's exit

The AIBEA said there is a need for HDFC Bank's 120 million customers, shareholders and also the general public to feel reassured, and hence sought Sitharaman's intervention in the matter.

Banking/Finance-Industry-Economic Times

India’s share in global market cap slips to 3% in March amid Middle East war concerns: Report

India's share of global market capitalization dropped to 3% in March 2026, marking a three-year low after the worst monthly performance in six years. The Nifty 50 plunged 11.3%, and foreign investors withdrew a record ₹1.17 lakh crore amid rising crude oil prices and inflation fears.

mint - markets

Japanese Firms Reduce Share Buybacks for First Time Since 2020

Japanese firms announced fewer share buyback programs in the fiscal year ended Tuesday, marking the first decline since 2020.

Bloomberg Markets

Blue Owl Reels as Investors Who Fueled Its Growth Now Want Out

The top-line numbers from Blue Owl Capital Inc.’s funds were unambiguous and, by just about any measure, ugly.

Bloomberg Markets

Govt imposes import curbs on all articles of gold, silver, platinum

These restrictions will apply irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment, the Directorate General of Foreign Trade (DGFT) said in a notification.

Economy-News-Economic Times

A shield for India Inc: How govt is blunting the Iran war shock

West Asia crisis: In response to Iran war chaos, India has rolled out a set of targeted measures over the past few weeks aimed at cushioning these shocks without resorting to sweeping market interventions. The approach has focused on easing cash flow pressures, lowering key costs and ensuring supply continuity.

Economy-News-Economic Times

Asian Shares Gain as Volatile Week Draws to an End: Markets Wrap

Asian stocks advanced at the end of another volatile week fueled by the Middle-East conflict. Attention also started to turn Friday’s release of key US payrolls data.

Bloomberg Markets

Trump administration appeals ruling that blocked Pentagon action against Anthropic over AI dispute

Trump administration appeals ruling that blocked Pentagon action against Anthropic over AI dispute

mint - technology

Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Stock Rally Hits Wall as Oil Holds Gains | The Close 4/2/2026

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Advisors Capital Management’s JoAnne Feeney, Center for International Policy Vice Chair Joe Cirincione, UBS’ Michael Lasser, Ethan Allen Interiors CEO Farooq Kathwari, Principal Asset Management’s George Maris, The Points Guy’s Becky Blaine, Complex CEO Aaron Levant, Pete & Gerry’s CEO Tom Flocco, & KPMG’s Diane Swonk. (Source: Bloomberg)

Bloomberg Markets

India Post Payments Bank opened accounts without mobile verification: Report

A CAG report has highlighted significant issues at India Post Payments Bank. Accounts were opened without proper mobile number verification, and multiple customers were linked to a single number. The bank also experienced widespread account dormancy and a high rate of declined UPI transactions.

Banking/Finance-Industry-Economic Times

Tesla shares drop over 4.5% as Q1 deliveries and production miss estimates

Tesla shares dropped 4.61% to $363.65 after missing vehicle delivery and production estimates for the second consecutive quarter. The company delivered 358,023 vehicles, down 14.4% from the previous quarter, facing weak demand and rising competition in the US and globally.

mint - markets

Govt plans rare earth magnet push; pre-bid meeting set for 7 April

The pre-bid meeting will provide the stakeholders, including domestic and international industry players and prospective bidders, an opportunity to gain a clear understanding of the scheme’s guidelines, eligibility criteria and implementation framework.

mint - economy

Several measures announced to cushion exporters from Gulf conflict impact: DGFT

India is taking steps to help exporters facing challenges due to the Gulf conflict. Key sectors like gems, jewellery, rice, and pharma are affected. The government is working with insurers and banks on insurance and finance issues. Measures are being devised to resolve exporter problems.

Economy-News-Economic Times

Pete & Gerry's CEO: Overpopulation Lowering Egg Prices

Pete & Gerry's CEO Tom Flocco discusses how overpopulation is reducing the price of eggs for consumers, egg industry challenges, and the rise of protein. He talks with Katie Greifeld on "The Close." (Source: Bloomberg)

Bloomberg Markets

India stood alone to oppose IFD pact at WTO meet, won't join crowd just to look better: Goyal

India stood alone at the WTO meeting in Cameroon, opposing a China-led Investment Facilitation for Development agreement. Commerce Minister Piyush Goyal stated India's stance prioritizes national interests and the WTO's multilateral character. India did not agree to the pact's incorporation into the WTO framework.

Economy-News-Economic Times

RBI clears Emirates NBD to acquire up to 74% stake in RBL Bank; lender to become foreign bank post acquisition

Emirates NBD has received RBI approval to acquire up to 74% stake in RBL Bank, making it a foreign bank post-acquisition. Voting rights will be capped at 26%, while regulatory relaxations facilitate the transition. The deal highlights rising foreign interest in India’s banking sector.

Markets-Economic Times

Complex CEO on Launch of 'Complex Bets' with Fanatics

Complex CEO Aaron Levant discusses teaming up with Fanatics to launch 'Complex Bets', a sports betting and trading content platform aimed at bringing pop culture to the betting and predictions market. He talks with Katie Greifeld on "The Close." (Source: Bloomberg)

Bloomberg Markets

British Columbia Gets Fifth Credit Downgrade From S P Since 2021

British Columbia, the western Canadian province that once boasted a top AAA credit rating, was downgraded by S P Global Ratings for the fifth time since 2021 on Thursday.

Bloomberg Markets

Cirincione: Don't Expect Negotiated End to Iran War

Center for International Policy Vice Chair Joe Cirincione discusses President Trump feeling the pressure as oil continues to surge on prolonged war fears, and why Iran should make a deal before it's 'too late.' He talks with Scarlet Fu and Katie Greifeld on "The Close" (Source: Bloomberg)

Bloomberg Markets

Ethan Allen CEO on Tariffs, 'Cautious' Consumers

Ethan Allen Interiors Chairman, President, & CEO Farooq Kathwari discusses the impact tariffs continue to have on US retailers, and how 'cautious' consumers are still looking to buy. he talks with Katie Greifeld and Scarlet Fu on "The Close." (Source: Bloomberg)

Bloomberg Markets

New creditor-led IBC framework to put in place safeguards for stressed firm's management

New creditor-led insolvency rules will impose strict financial transaction limits on stressed companies, requiring committee of creditors' approval. This aims to safeguard the rescue process and prevent misconduct. Management will continue operations under a resolution professional's supervision, with enhanced oversight and reporting obligations to ensure transparency and protect creditor interests.

Economy-News-Economic Times