Wipro Ltd. posted a 9.8% year-on-year increase in consolidated net profit for the first quarter of FY25, reaching Rs. 3,336.5 crore. This growth comes amid a challenging global IT environment and reflects the company’s focus on operational discipline, client diversification, and investment in digital capabilities. Revenue remained broadly stable, while margins showed sequential improvement. With a robust deal pipeline, strategic client engagements, and a push toward AI-driven services, Wipro is positioning itself for sustainable growth despite global macroeconomic headwinds.

HDFC Asset Management Company (HDFC AMC) reported a robust 24% year-on-year increase in its net profit for the first quarter of FY25, reaching Rs. 748 crore. The company’s performance was driven by steady inflows into equity schemes, higher average assets under management (AAUM), and improved operational efficiency. As investor confidence in mutual funds strengthens, HDFC AMC continues to capitalize on retail participation and SIP growth.

India’s insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI), is reportedly evaluating a proposal to restrict Kiwi Insurance’s expansion into the health insurance segment. The move stems from regulatory concerns surrounding the company's underwriting practices, solvency margins, and product complexity. While Kiwi Insurance has been aggressively positioning itself within the retail health insurance space, IRDAI is seeking to ensure policyholder protection, financial discipline, and market stability.

Sunil Bharti Mittal, founder and chairman of Bharti Enterprises, has been awarded an honorary doctorate in recognition of his transformative contributions to global business, telecommunications, and philanthropy. The accolade celebrates Mittal’s enduring commitment to innovation, inclusive growth, and cross-border enterprise. From spearheading India’s telecom revolution to leading international ventures and education initiatives, his work has reshaped the contours of private enterprise in emerging markets.

India is maintaining its strategic crude oil partnership with Russia despite mounting diplomatic pressure from the United States. Driven by energy security, economic pragmatism, and geopolitical autonomy, India continues to import discounted Russian oil in substantial volumes. This stance underscores New Delhi’s commitment to sovereign decision-making in foreign trade and energy procurement. As Western nations tighten sanctions against Moscow, India’s calibrated approach reveals its intent to balance long-term energy needs with global alliances.

India's export sector is poised to face significant headwinds in 2026, driven by a confluence of global economic uncertainties, geopolitical disruptions, and weakening demand in key international markets. A looming slowdown in the U.S. and Europe, persistent inflationary pressures, and rising protectionist policies across major economies threaten to impede the country’s outbound trade. Simultaneously, domestic constraints, such as logistics bottlenecks and energy costs, may further hinder competitiveness.

A recent report has highlighted a clear preference among Indian travellers for international destinations, with Dubai and Bali emerging as the top choices in 2024. The findings, based on booking trends and customer behavior, reveal that Indian tourists are increasingly seeking exotic, luxury-friendly locations that offer both cultural richness and leisure value. The study also underscores a notable surge in outbound tourism from tier-2 and tier-3 cities, indicating a broadening of India’s global travel footprint.

India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has raised red flags over the soaring growth of derivatives trading, highlighting potential systemic risks tied to retail investor exposure and the imbalance between derivatives volumes and cash market depth. The sharp rise in index options trading—driven largely by short-term speculation—has led SEBI to call for a reassessment of market structure and investor protections.

India and the United Kingdom are poised to sign a long-anticipated Free Trade Agreement (FTA) next week, ushering in a new era of economic partnership between the two democracies. The agreement, under negotiation for over two years, is expected to reduce tariffs, enhance market access, and strengthen strategic cooperation across sectors such as services, technology, manufacturing, and pharmaceuticals. This landmark deal reflects a broader geopolitical shift, as both nations seek to diversify trade relations in a post-Brexit, post-pandemic global economy.

The global health community is sounding the alarm after newly released data revealed that approximately 14 million children worldwide did not receive a single dose of routine vaccine in 2024. This troubling trend, described by experts as a “silent emergency,” poses a serious threat to hard-won progress against preventable diseases such as measles, polio, diphtheria, and tetanus. The majority of these children reside in low-income and conflict-affected regions, where fragile health systems and inequality continue to obstruct access to basic healthcare.