Ishita Ranganath
Cambodia-based scam networks generated $19 billion in revenue from syndicates in 2025, equivalent to nearly 40% of its GDP, the Wall Street Journal reported, citing official US data. A gold-hued building, Cambodia's tallest structure, has been funded by transnational cybergangs who stole billions of dollars, the report added. Americans lost $10 billion to Southeast Asian cyber fraud in 2024.
Apr 20th, 2026

Garima Garg
An Indian trade delegation will visit the US this week to make progress towards finalising the trade deal, US Ambassador Sergio Gor said. "A great step to finalise our...trade deal. A win-win for both nations!" Gor said. Earlier, the interim trade agreement was announced in February, under which the US cut tariffs on Indian goods from 50% to 18%.
Apr 20th, 2026

Ishita Ranganath
Energy companies such as Exxon Mobil and Chevron have recently outlined plans for billion-dollar investments in African and South American oil fields to escape fallout from the Iran war, the Wall Street Journal reported. Exxon plans to pump up to $24 billion into Nigeria's deep-water oil fields, while Chevron and TotalEnergies have expanded their footprints in Venezuela and Turkey.
Apr 20th, 2026

Shalini ojha
Bank employees went on a massive strike in January, demanding a five-day work week. They have been seeking the same for years now, saying that it'll improve work-life balance. They also said this move will bring banks in line with institutions like LIC and RBI, reduce pressure and help retain talent. However, no decision on policy front has been taken.
Apr 20th, 2026

Garima Garg
The Reserve Bank of India has partially relaxed forex curbs imposed on April 1 to stabilise the rupee. Banks can again offer non-deliverable forwards, and firms may rebook cancelled forex derivative contracts. However, the March 28 rule capping banks' net open rupee positions at $100 million per day remains, ensuring limits on speculative exposure while restoring normal hedging activity.
Apr 20th, 2026

AVI Polymers board meeting on April 27, 2026 will consider audited results for FY26 and Dividend up to 50%. The company will also evaluate expansion into healthcare technology through AVI AI Technologies. The move marks diversification into digital ecosystem alongside financial performance review and shareholder approval at AGM.
Apr 20th, 2026

Swiggy has launched its new sustainable headquarters in Bengaluru's Whitefield under "The Everyday Enabler" concept. The eco-friendly campus reuses 85% of old materials, saves electricity, and promotes paper-free operations. With smart design, wellness zones, and green ratings, the office reflects Swiggy's focus on growth, innovation, and environmental responsibility.
Apr 20th, 2026

Groww reported strong Q4 FY26 results, with revenue rising 87% to ₹1,505 crore and profit jumping 122% to ₹686 crore. Growth was driven by higher retail investor activity and increased trading during market volatility. The performance marks a sharp recovery from the previous quarter, highlighting improved efficiency and sustained momentum in India’s fast-growing fintech and brokerage sector.
Apr 20th, 2026

Dredging Corporation has signed a ₹2,157 crore MoU with Indian Oil for a five-year fuel supply, ensuring uninterrupted dredging operations amid energy uncertainties. The deal strengthens operational resilience & supports critical maritime infrastructure. It also reinforces PSU collaboration to maintain stability and efficiency in India's port and logistics ecosystem during global disruptions.
Apr 20th, 2026

The Cabinet has approved two multitracking projects of Indian Railways with a total investment of ₹24,815 crore. The projects aim to enhance line capacity and ease congestion across key routes in Uttar Pradesh and Andhra Pradesh. The projects are expected to facilitate transportation of essential commodities like coal, cement, foodgrains, fertilisers, steel and containers.
Apr 20th, 2026

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