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Stories from earlier this week and beyond.

Bangladesh Gen Z struggles to turn anti Hasina street power into votes

Bangladesh Gen Z struggles to turn anti Hasina street power into votes

Bangladesh’s Gen Z-backed political push is facing a reality check after students who helped oust Sheikh Hasina formed a new party. Opinion polls indicate the NCP, aiming to contest all 300 seats, is far behind the BNP with only 6% support, while Jamaat-e-Islami could outperform expectations at 26%, signaling tough electoral odds.

Summarised by Beize from a story on Republic on 24 Apr 2026
ED alleges 11600 crore proceeds of crime in Reliance finance probe over shell routing

ED alleges 11600 crore proceeds of crime in Reliance finance probe over shell routing

The Enforcement Directorate has alleged more than ₹11,600 crore as proceeds of crime in a money laundering probe involving Reliance Home Finance and Reliance Commercial Finance. The agency claims public funds were diverted through shell entities and that nearly 90% of corporate loans were routed to such companies. ED also arrested key functionaries Amitabh Jhunjhunwala and Amit Bapna for questioning.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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AFI says 90 percent plus Indian tracks are substandard now certification starts

AFI says 90 percent plus Indian tracks are substandard now certification starts

Athletics Federation of India spokesperson Adille Sumariwalla says over 90% of athletic tracks in India are substandard, citing poor materials, construction quality, and even inaccurate measurements. Following directives from World Athletics, the AFI will now actively participate in track certification. The move aims to improve track standards so athletes across the country compete on safer, more reliable surfaces.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AAP Punjab accuses BJP of backstabbing through Raghav Chadha in Parliament power fight

AAP Punjab accuses BJP of backstabbing through Raghav Chadha in Parliament power fight

AAP Punjab has accused the BJP of trying to break the party, alleging the BJP is using former leader Raghav Chadha to weaken its parliamentary presence. The BJP dismissed the charge as baseless, while AAP further claimed Union Home Minister Amit Shah is pressuring MPs through Chadha. The dispute could escalate as both sides trade allegations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Engineering campus hiring steadier than expected as pre placement offers and salaries rise

Engineering campus hiring steadier than expected as pre placement offers and salaries rise

Hiring at major engineering campuses like BITS Pilani and multiple NITs looks steady to stronger for the Class of 2026, with more recruiters, higher salaries, and a rise in pre-placement offers. Demand is being pulled by core engineering, electronics, semiconductors, and also banking, consulting, and analytics, even as overall IT hiring continues to lag.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India hiring to jump 4.7% in H1 FY27 as e commerce tech startups lead demand

India hiring to jump 4.7% in H1 FY27 as e commerce tech startups lead demand

India’s workforce is projected to expand meaningfully in the first half of FY27, with hiring sentiment rising 4.7%. E-commerce, tech startups, healthcare, pharma, and manufacturing are expected to lead job creation, particularly at large enterprises. The trend is linked to structural shifts and policy-driven changes, pushing companies to redesign workforce models to stay compliant and competitive.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Budget 2026 eases compliance burden for buyers of NRI property with PAN instead of TAN

Budget 2026 eases compliance burden for buyers of NRI property with PAN instead of TAN

Union Budget 2026-27 reduces paperwork for resident individuals and HUFs buying immovable property from NRIs. Starting October 1, buyers won’t need to obtain or use a TAN to deduct tax at source. Instead, TDS reporting will be done using the buyer’s PAN, streamlining the compliance process for such transactions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
TCS headcount drops by 23460 in FY26 but CHRO says layoffs are paused for now

TCS headcount drops by 23460 in FY26 but CHRO says layoffs are paused for now

India’s biggest IT services firm TCS cut 23,460 employees in FY26, taking its strength to 584,519. The company says restructuring is complete and it plans aggressive campus hiring, targeting about 40,000 freshers every year. Still, TCS is holding back on clearer FY27 hiring plans as global demand remains uncertain, despite no more layoffs for now.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
NSE IPO edges closer as Sebi panel clears Rs 1800 crore settlement proposal

NSE IPO edges closer as Sebi panel clears Rs 1800 crore settlement proposal

NSE’s IPO timeline appears to be getting back on track after a Sebi expert settlement committee cleared a proposed Rs 1,800 crore settlement. The four-member panel is chaired by Jai Narayan Patel, a former chief justice of the Calcutta High Court, with members including a former Sebi official and senior finance and audit professionals.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
EaseMyTrip launches Brazil push with strategic partnerships to scale Latin America travel bookings

EaseMyTrip launches Brazil push with strategic partnerships to scale Latin America travel bookings

EaseMyTrip is expanding into Brazil, signing agreements with multiple Brazilian companies to grow its presence across Latin America. With Brazil’s large economy and rising digital travel adoption, the move is designed to help EaseMyTrip understand local needs through partners and tailor travel solutions. The rollout signals a broader push beyond India as demand grows across emerging markets.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Shriram Finance Q4 profit jumps 41% to Rs 3014 crore as NII rises

Shriram Finance Q4 profit jumps 41% to Rs 3014 crore as NII rises

Shriram Finance reported a sharp rise in standalone net profit, up 41% year-on-year to Rs 3,014 crore for the March quarter. Net Interest Income increased as well, while Assets under Management grew 15%. The NBFC has recommended a final dividend of Rs 6 per share, taking the full FY26 dividend to Rs 10.80.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Japan to double citizenship residency requirement from April to 10 consecutive years for applicants

Japan to double citizenship residency requirement from April to 10 consecutive years for applicants

Japan is tightening its path to citizenship by doubling the residency requirement for naturalization from five to ten consecutive years starting April 1. The updated process will also require longer tax and social insurance records, bringing citizenship standards closer to those for permanent residency. Officials say the changes will make approvals more rigorous.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Gulf investors brace as Iranian strikes shut markets and shake deals for months

Gulf investors brace as Iranian strikes shut markets and shake deals for months

Dubai and Abu Dhabi markets are closed following Iranian strikes, leaving investors to judge how supply chains disruptions will translate into valuation pressure. While airports are resuming partial operations, private equity expects deals to slow for months and real asset investors are bracing for valuation corrections. Banks are also deferring decisions amid mounting uncertainty.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Chelsea sack Liam Rosenior after five straight defeats with zero goals in under four months

Chelsea sack Liam Rosenior after five straight defeats with zero goals in under four months

Chelsea have sacked Liam Rosenior after a disastrous Premier League spell that produced five straight losses without scoring. The club confirmed the decision on Wednesday, with Rosenior out less than four months after taking charge and only four days before Chelsea’s FA Cup semifinal at Wembley. The move raises pressure on the club’s crowded ownership and finances.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Median CEO pay in India hits Rs 10.5 crore as growth slows to pandemic lows

Median CEO pay in India hits Rs 10.5 crore as growth slows to pandemic lows

Median compensation for professional CEOs in India climbed 5% year-on-year to ₹10.5 crore in FY26, according to a Deloitte report. The increase is the slowest since the pandemic, with analysts linking the moderation to weaker equity market performance and mounting geopolitical risks that are making boards more cautious on pay.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UK universities urged to cut reliance on international students as demand and profits slip

UK universities urged to cut reliance on international students as demand and profits slip

UK universities are being warned that international students can no longer be treated as a financial backstop as demand for UK education cools. Even with aggressive recruitment, institutions face tighter visa scrutiny, higher operating costs and weaker profitability, raising compliance risks. Experts say swelling overseas enrolments may stop guaranteeing revenue, making the current growth model less sustainable.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
GCC AI talent gap near 40 percent hits growth as demand for generative skills surges

GCC AI talent gap near 40 percent hits growth as demand for generative skills surges

India’s Global Capability Centres are facing a widening AI and data skills shortage, estimated at 38–42%. The gap is proving to be a major bottleneck for GCC growth as demand spikes for generative AI and MLOps. With supply lagging, companies are increasingly relying on contractual hiring to plug critical roles and keep delivery timelines on track.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Healthcare and pharma jobs to surge by 2030 as tech reshapes hiring

Healthcare and pharma jobs to surge by 2030 as tech reshapes hiring

A new Adecco India report says India’s healthcare and pharmaceutical sector is shifting into capability-led growth, with job creation projected to reach 2–2.5 million by 2030. Hiring is moving toward specialised roles and deeper technology integration across hospitals, telemedicine, diagnostics, clinical research, AYUSH, and elder and home care.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Glaciers seen as sacred are retreating fast and faith cannot stop the damage

Glaciers seen as sacred are retreating fast and faith cannot stop the damage

Glaciers that many communities treat as sacred life-givers are rapidly retreating under global warming. The loss threatens ecosystems and water security, and it also strikes at spiritual traditions that revere mountains and ice as deities. The article argues the damage is driven more by industrial exploitation and weak policies than by any failure of faith.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
CoinDCX founders arrested over Rs 71.6 lakh fraud allegations in new Thane case

CoinDCX founders arrested over Rs 71.6 lakh fraud allegations in new Thane case

Thane police have arrested CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal over alleged cryptocurrency fraud of Rs 71.6 lakh. The FIR was registered on March 16, and the two were apprehended in Bengaluru. The case raises fresh questions about how crypto platforms handle customer funds and disclosures.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro has struck a $71 million acquisition deal to take over key client contracts and related employees from Alpha Net Group. Beyond the upfront value, the transaction includes deferred earnout-linked payments tied to meeting performance conditions. The company expects to complete the deal by June 30, 2026.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Abhishek Sharma smashes second IPL century as Pujara hails a special talent

Abhishek Sharma smashes second IPL century as Pujara hails a special talent

Abhishek Sharma’s second IPL hundred powered Sunrisers Hyderabad to a big win over Delhi Capitals. The standout knock drew major praise from former India batter Cheteshwar Pujara, who labelled Sharma a “special talent” after his match-winning performance. With SRH’s momentum building, Sharma’s form is quickly turning into a headline—especially against top opposition.

Summarised by Beize from a story on Republic on 24 Apr 2026
ED sweeps Karnataka in bitcoin heist probe targeting Cong MLA family links

ED sweeps Karnataka in bitcoin heist probe targeting Cong MLA family links

The Enforcement Directorate has carried out statewide searches in Karnataka over a cryptocurrency money laundering case connected to a bitcoin heist. Investigators said stolen virtual assets were being sold, while the proceeds moved through multiple accounts tied to hacker Srikrishna alias Sriki. The probe also reportedly reached premises linked to the sons of BDA chairman NA Harris, with Nalapad brothers alleged to be close associates.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Students Build Robot to Greet Voters and Push 100 Percent Turnout in Coimbatore

Students Build Robot to Greet Voters and Push 100 Percent Turnout in Coimbatore

In Coimbatore ahead of the Tamil Nadu Assembly elections, students from Government Arts College unveiled a voice-enabled robot that greets voters and distributes sweets outside polling stations. The initiative, led by student Vimal Vijayan, aims to reduce apathy and boost participation, with local reports citing a bid for a 100% turnout through engaging, friendly voter outreach.

Summarised by Beize from a story on Republic on 24 Apr 2026
India’s call recordings fail real consent as companies mine data for AI

India’s call recordings fail real consent as companies mine data for AI

India’s customer service call recordings are often collected without genuine consent: customers are recorded for quality checks but have no real choice. As firms increasingly reuse this audio for analytics and AI, privacy risks grow. The editorial urges a clear audit trail for any mined data and stronger, e-commerce-like protections to ensure consent is meaningful.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UK inflation jumps to 3.3% as Middle East war hits fuel prices

UK inflation jumps to 3.3% as Middle East war hits fuel prices

UK consumer inflation climbed to 3.3% in March, up from 3.0% in February, with officials pointing to the Middle East conflict’s first direct price impact. The sharpest pressure came from an 8.7% jump in motor fuel costs, while services inflation also rose to 4.5%, extending concern beyond energy into everyday expenses.

Summarised by Beize from a story on Republic on 24 Apr 2026
IRS officers quietly take power corridors once dominated by IAS in major national appointments

IRS officers quietly take power corridors once dominated by IAS in major national appointments

IRS officers are stepping into top roles that long belonged to IAS leaders, signaling a major shift in India’s bureaucratic power map. Appointments including Election Commissioner, Central Vigilance Commissioner, and Enforcement Directorate chief underscore how tax leadership is gaining influence across governance, oversight, and enforcement—quietly challenging the IAS’s traditional dominance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
H1B visa rules change April 1 2026 with wage based selection and tougher forms

H1B visa rules change April 1 2026 with wage based selection and tougher forms

From April 1, 2026, USCIS will roll out major H-1B updates, including stricter form requirements, higher costs, and greater scrutiny. Most notably, the selection process will shift toward a wage-based system that prioritizes higher salaries and specific skills. Officials say the goal is to better match allocations to labor market needs and spur domestic hiring.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Union Budget 2026 slashes TCS on foreign education and medical remittances to just 2 percent

Union Budget 2026 slashes TCS on foreign education and medical remittances to just 2 percent

Union Budget 2026 brings relief for Indians sending money abroad under the Liberalised Remittance Scheme. TCS for overseas education and medical expenses falls to 2 percent from 5 percent, easing the upfront tax burden. The budget also streamlines TDS for businesses providing manpower services, fixing taxes at 1 percent or 2 percent under contractor provisions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
SBI to hire 3500 officers in five months while pushing women to 30 percent

SBI to hire 3500 officers in five months while pushing women to 30 percent

State Bank of India plans to recruit about 3,500 officers within the next five months to boost operations and business growth. Alongside the hiring drive, SBI aims to raise the share of women in its workforce to 30% over the next five years, backing the effort with programs designed to support women employees and expand leadership opportunities across levels.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Zoho CEO slams Garry Tan over bundled SaaS claims in public X spat

Zoho CEO slams Garry Tan over bundled SaaS claims in public X spat

A public X exchange has erupted after Y Combinator CEO Garry Tan amplified comments from Zoho’s Sridhar Vembu about product bundling and “vibe coding.” Vembu had argued that vibe coding oversimplifies software development, drawing pushback from Tan. The back-and-forth highlights how big-name tech leaders are debating the future of SaaS packaging and developer workflows.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
XLRI Class of 2027 bags average Rs 1.6 lakh stipend in summer internships

XLRI Class of 2027 bags average Rs 1.6 lakh stipend in summer internships

XLRI’s Class of 2027 posted strong summer internship results, with an average stipend of Rs 1.6 lakh per month and a median of Rs 1.55 lakh. The highest domestic offer touched Rs 3.5 lakh per month from JP Morgan Chase. Across its flagship programmes, the placements underscore the institute’s track record of preparing students for leadership in a fast-moving market.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Col Lamba Warns of Escalation Risk After Pahalgam One Year After Operation Sindoor

Col Lamba Warns of Escalation Risk After Pahalgam One Year After Operation Sindoor

A year after the April 22, 2025 Pahalgam terror attack, Col Lamba revisited Operation Sindoor, recalling the war strategy and the difficult balance India faces now. While public pressure for stronger action grows, he warned that escalation risks remain high, turning the Valley’s fragile return to normal into a deeper strategic test for 2026.

Summarised by Beize from a story on Republic on 24 Apr 2026
India BPM jobs shift as voice roles plunge to 26% and tech roles surge

India BPM jobs shift as voice roles plunge to 26% and tech roles surge

India’s BPM sector is rapidly reinventing itself, with voice-based roles falling to 26% as employers move toward non-voice work focused on knowledge processing and digital workflows. Emerging tech roles are nearly doubling year-on-year, and Tier-II cities such as Mysuru, Jaipur, and Coimbatore are gaining traction as talent hubs. Gender gaps remain, especially in these new tech roles.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Hitachi India to hire over 5000 for energy AI and infrastructure expansion in five years

Hitachi India to hire over 5000 for energy AI and infrastructure expansion in five years

Hitachi India plans to add more than 5,000 employees over the next five years, betting on India’s infrastructure push and digital transformation. The hiring drive will center on energy, artificial intelligence, and related resources, alongside growth in manufacturing and digital services. The Japanese conglomerate is positioning India as a key long-term market for its technology and infrastructure agenda.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
PaisaDukan plans alternate banking for rural India as it expands beyond cities

PaisaDukan plans alternate banking for rural India as it expands beyond cities

A year-old fintech, PaisaDukan, is looking to become an alternate banking system for rural communities by opening branches in places like Madhubani, Bihar. The push reflects growing demand for easier, local financial services and highlights how new fintech players are trying to bridge the gap left by traditional banking coverage.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Saudi Arabia bans visit visa holders from Hajj unless they have official permits

Saudi Arabia bans visit visa holders from Hajj unless they have official permits

Saudi Arabia says this year’s Hajj will exclude all visit visa holders, limiting entry to Mecca and other holy sites only to people with official permits. The restriction runs from the start of Dhu Al Qi’dah until the 14th of Dhu Al Hijjah. Authorities cite the need to control pilgrim movement and improve safety.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
ISRO G20 climate satellite set for 2027 launch as moon plan targets 2040

ISRO G20 climate satellite set for 2027 launch as moon plan targets 2040

India’s G20 satellite aimed at climate and pollution monitoring is expected to launch in 2027, with ISRO leading the effort. The space roadmap goes further: India is also targeting a human moon mission by 2040. Alongside these milestones, ISRO is developing a titanium vessel for the Samudrayaan deep ocean mission.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Delhi High Court backs CAT decisions letting BEd special education candidates apply for TGT PGT posts

Delhi High Court backs CAT decisions letting BEd special education candidates apply for TGT PGT posts

The Delhi High Court refused to overturn a set of Central Administrative Tribunal orders after finding that recruitment advertisements for TGT and PGT positions did not exclude B.Ed. (Special Education) candidates. The court said the eligibility stance reflected in CAT’s rulings matched the wording of the ads, supporting appointment rights for these candidates.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
New Zealand student visa rules now let families join more easily for partners and children

New Zealand student visa rules now let families join more easily for partners and children

International students in New Zealand can now bring family members under clearer sponsorship options. Student visa holders may sponsor visitor visas for partners and children, while students with higher qualifications can support work visas for partners. Dependent children can also receive student visas in certain situations, and parents may apply for a Guardian Visitor Visa to join students in New Zealand.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UN adopts first convention to protect workers from uncontrolled biological hazards worldwide

UN adopts first convention to protect workers from uncontrolled biological hazards worldwide

The United Nations, through its International Labour Organization, has adopted the first global convention focused on protecting workers from the harms of uncontrolled biological hazards in the workplace. Announced on Friday, the Biological Hazards in the Working Environment Convention sets a new baseline for safer environments, aiming to reduce devastating health and safety impacts for employees worldwide.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dubai real estate shows early weakness as conflict hits transactions and sparks discount hunting

Dubai real estate shows early weakness as conflict hits transactions and sparks discount hunting

Dubai’s property market is showing early signs of strain as the US-Israeli war on Iran rattles sentiment. Transaction volumes have fallen, with some sellers listing properties at discounts. Analysts expect a slowdown and possible price declines, though activity hasn’t stopped entirely—investors are still hunting distressed deals. Developers, meanwhile, are leaning on long-term value.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Fraud cases are rising fast but are banks doing enough to stop it for good

Fraud cases are rising fast but are banks doing enough to stop it for good

Despite massive IT budgets, banks are still relying on fraud controls that critics say look primitive as cases rise. The gap suggests technology spending isn’t translating into smarter detection, faster prevention, or better protection for customers. With fraud tactics evolving, the real question is whether banking systems are keeping pace or lagging behind the threat curve.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Singapore Australia France and Sweden surge as TOEFL destinations for Indians

Singapore Australia France and Sweden surge as TOEFL destinations for Indians

ETS reports a notable shift in where Indian TOEFL takers are sending their score reports. Singapore, Australia, France, and Sweden are rising fast, challenging the long-held dominance of the US and Canada. The change points to growing international study and migration plans beyond traditional English-language destinations, with Europe and Asia becoming increasingly attractive.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Crude Oil Climbs Again Near 110 as Iran Tensions Threaten Supply Wallop

Crude Oil Climbs Again Near 110 as Iran Tensions Threaten Supply Wallop

Oil prices jumped for a fifth straight session as Middle East tensions rose, with Iran-related actions near the Strait of Hormuz and reports of air defense engagement stoking supply fears. Analysts warn that if U.S.-Iran talks stall, prices could surge further, potentially pushing Brent toward $150 per barrel.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dubai’s image of safety for South Asians cracks as conflict visuals circulate online

Dubai’s image of safety for South Asians cracks as conflict visuals circulate online

Dramatic conflict visuals from Dubai, including fire near Palm Jumeirah, debris near Burj Al Arab, and even empty highways, have rattled South Asians who long viewed the emirate as insulated from regional geopolitics. Even as reports suggest physical damage is limited and many viral videos are fake or mislabelled, the images are still shifting public belief and confidence.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Government sets raw jute trader stock limits to zero to curb hoarding

Government sets raw jute trader stock limits to zero to curb hoarding

The government has ordered raw jute stock limits for traders and balers to be set at zero, aiming to stop hoarding and improve fair distribution. Jute mills and processing units are still allowed to hold stocks for up to 45 days. Firms must declare stock positions every fortnight, with the plan to stabilize supply and support farmers, manufacturers and consumers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Australia speeds up student and visitor visas while permanent wait times stay painfully long

Australia speeds up student and visitor visas while permanent wait times stay painfully long

Australia’s Department of Home Affairs says student and visitor visa processing has improved sharply: student visas now average a 33-day median, and most visitor visas are decided in under a day. But the same update shows permanent pathways remain slow, with skilled visas averaging about nine months and partner visas around 17 months.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bank credit growth set to cool below 12 percent as West Asia war reshapes lending

Bank credit growth set to cool below 12 percent as West Asia war reshapes lending

Indian bank credit growth is expected to ease to below 12 percent in the coming fiscal year as the West Asia conflict and shifting interest rate dynamics weigh on borrowing and repayment capacity. Icra cautions that small businesses and unsecured loan segments could see more defaults, prompting banks to tighten underwriting for vulnerable sectors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
CBI cracks bribery ring that bank insiders used to launder cyber fraud money

CBI cracks bribery ring that bank insiders used to launder cyber fraud money

The CBI has arrested two bank officials after finding they took bribes to help cyber criminals set up mule accounts for money laundering. Funds routed through these accounts came from cyber frauds, and the accused allegedly also advised criminals on how to avoid detection. The case underscores insider facilitation in financial crimes, and investigations are still underway.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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