December 10, 2025

CBI Charges Two Chinese in ₹1,000 Crore HPZ Token Crypto Scam

The CBI charged two Chinese nationals in a ₹1,000 crore HPZ Token fraud case. The scam used fake crypto apps and shell firms to steal money during COVID lockdown.

December 10, 2025

UAE Central Bank Rules Out Nafis Payments as Stable Income for Loans

The UAE Central Bank clarified that Nafis incentives are temporary and cannot be counted as stable income for loans. This impacts Emiratis in private sector jobs seeking credit, as banks must exclude Nafis from income calculations in most cases.

December 10, 2025

India Recognizes 2 Lakh Startups, Sees ₹1.88 Lakh Crore Investment via PLI Scheme

India has recognized more than 2 lakh startups creating over 21 lakh jobs. The government saw ₹1.88 lakh crore invested through PLI schemes and welcomed $748 billion FDI in 11 years.

December 10, 2025

Arecanut Imports from LDECs Drop 34% After Price Hike to Protect Indian Farmers

India's arecanut imports from Bangladesh, Myanmar, and Bhutan dropped sharply from 32,238 tonnes in 2022-23 to 21,160 tonnes in 2024-25. This fall follows a Minimum Import Price hike from ₹251/kg to ₹351/kg to protect local farmers and maintain prices, says Union Minister Jitin Prasada.

December 10, 2025

IndiGo Cancels Thousands of Flights Amid Pilot Shortage From New Rest Rules

IndiGo cancels thousands of flights starting November due to new pilot rest rules cutting available pilot hours. The airline plans to hire 900 pilots by next year but is still grappling with pilot crisis now.