New Delhi, May 28 (IANS) China has stepped up enforcement against unauthorised overseas stock trading channels as regulators move to tighten oversight of capital outflows amid rising demand from mainland investors for access to global equities, according to multiple reports.The clampdown comes as financial regulators intensify action against platforms facilitating offshore trading outside approved investment routes, in a broader effort to reinforce capital controls and maintain financial stabili…

Mumbai, May 28 (IANS) Procter and Gamble Hygiene and Health Care Limited on Thursday reported a 2 per cent decline in net profit for the fourth quarter of fiscal 2026 (Q4 FY26).The company posted a consolidated net profit of Rs 153 crore in the January-March quarter, compared to Rs 156 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations declined 5.1 per cent year-on-year to Rs 941 crore during the qu…

New Delhi, May 28 (IANS) India’s banking, financial services and insurance (BFSI) sector is facing cyberattacks at 1.6 times the global average, even as incidents have more than doubled over the past four years, a report showed on Thursday.A joint report by Boston Consulting Group (BCG) and the Data Security Council of India (DSCI) highlighted that cyber incidents in the Indian BFSI sector rose from 1.4 million in 2021 to 2.9 million in 2025.It noted that the mean time to contain a breach in I…

New Delhi, May 28 (IANS) India’s corporate bond market has grown steadily but still offers significant room to expand, which will be crucial to adequately finance the country’s long-term growth ambitions, a report said on Thursday.The report from CareEdge Rating said India’s corporate bond market has grown from $360 billion in 2016 to $645 billion in 2025, although the corporate debt-to-GDP ratio remained stable at 16-17 per cent. It significantly lags peers such as China, Malaysia and Sou…

New Delhi, May 28 (IANS) In order to unlock value from operational National Highway assets, NHAI on Thursday announced that it has finalised a tentative list of National Highway stretches proposed for monetisation under the Toll-Operate-Transfer (TOT) and Infrastructure Investment Trust (InvIT) modes during the Financial Year 2026–27. However, the list does not include the assets proposed to be monetised through Raajmarg Infra Investment Trust (RIIT) for FY 2026–27, the Ministry of Road Tran…

New Delhi, May 28 (IANS) India’s engineering goods exports maintained their growth momentum at the start of FY2026-27, rising despite logistical and production disruptions caused by the ongoing conflict in West Asia, as per industry data released on Thursday.As per EEPC India, engineering exports increased 8.78 per cent year-on-year to $10.35 billion in April 2026, compared with $9.52 billion in the same month last year.The growth was primarily driven by strong performance across key product s…

New Delhi, May 28 (IANS) Gold and silver traded lower in international markets on Thursday as a stronger US dollar and renewed geopolitical tensions following fresh US military action against Iran weighed on sentiment and heightened concerns that inflation could remain elevated for longer.Spot gold slipped nearly 2 per cent to $4,368.99 per ounce, while COMEX gold was trading 1.80 per cent lower to $4,367.90 per ounce.On the other hand, silver prices also came under pressure, with spot silver de…

New Delhi, May 28 (IANS) US authorities have charged a Google software engineer for allegedly using confidential company information to generate approximately $1.2 million in profits via trading placed on a prediction market platform, according to the Department of Justice (DOJ).Michele Spagnuolo — a 36-year-old Italian citizen residing in Switzerland — was charged with commodities fraud, wire fraud and money laundering in connection with an alleged insider trading scheme involving prediction …

New Delhi, May 28 (IANS) The Telecom Regulatory Authority of India (TRAI) has extended the last date for submission of written comments and counter‑comments on its vehicle‑to‑everything (V2X) consultation paper to June 4, 2026, and June 18, 2026, respectively, an official statement has said.The consultation paper on the regulatory framework for vehicle‑to‑everything (V2X) communication was released on April 30, 2026, and the initial deadlines for written comments and counter comments s…

New Delhi, May 28 (IANS) India has dispatched emergency pharmaceutical supplies as part of efforts to contain the Bundibugyo Ebola outbreak in the Democratic Republic of Congo, according to the Africa Centres for Disease Control and Prevention (Africa CDC).The Ethiopia‑headquartered Africa CDC said in a social media post that the consignment, donated by the Government of India, was received in Uganda by its Eastern Africa Regional Coordinating Centre and will be deployed to affected communitie…