In a sweeping enforcement action, the Directorate of Enforcement (ED) has dismantled a sprawling network of illegal call centres operating across the National Capital Region (NCR). These centres allegedly orchestrated a sophisticated cyber-fraud scheme that targeted unsuspecting U.S. citizens, duping them of nearly Rs. 130 crore.

Chhattisgarh, a state already recognized for its mineral-rich reserves, has announced the discovery of new deposits that could significantly boost industrial activity and economic growth. The fresh finds are expected to enhance the state’s position as a critical contributor to India’s resource base, offering opportunities for investment in mining, steelmaking, and allied industries. Beyond revenue generation, the discovery is anticipated to create jobs, strengthen local infrastructure, and stimulate regional development.

GMR Airports Infrastructure Ltd. has announced plans to raise Rs. 5,000 crore through a combination of debt and equity instruments to strengthen its balance sheet and fund expansion initiatives. The move comes at a time when India’s aviation sector is witnessing a resurgence in passenger traffic, with airport operators ramping up investments to expand capacity and enhance infrastructure. The capital infusion will not only help GMR Airports reduce its debt burden but also provide financial flexibility to pursue new projects in India and overseas.

The government is likely to complete the strategic sale of its stake in IDBI Bank within the current financial year, according to Tuhin Kanta Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM). The divestment, which has been under discussion for several years, is expected to mark one of the most significant milestones in India’s privatization program.

In a move underscoring its long-term commitment to India, Taiwan-based electronics giant Foxconn has appointed Robert Wu as the new head of its India operations. The appointment comes at a time when India is emerging as a key manufacturing hub in Foxconn’s global supply chain, particularly in the electronics and semiconductor sectors. Wu’s leadership is expected to accelerate the company’s investment programs, strengthen local partnerships, and scale up production to meet rising demand from global clients, including Apple.

Country Club Hospitality & Holidays Ltd., a leading player in India’s leisure and lifestyle sector, has unveiled plans to invest Rs. 100 crore in Kerala, underscoring its long-term confidence in the state’s tourism and hospitality market. The investment will be directed toward building new resorts, upgrading facilities, and enhancing member experiences, with a focus on premium leisure and wellness tourism.

Hindalco Industries, a flagship company of the Aditya Birla Group, is significantly scaling up its aluminium and copper smelting capacity in response to strong domestic and global demand. The expansion reflects the company’s strategy to strengthen its position as one of the world’s leading non-ferrous metals producers while aligning with India’s push for industrial self-reliance and energy transition. With new investments in capacity augmentation, Hindalco aims to meet rising requirements from sectors such as infrastructure, automotive, renewable energy, and electronics.

India’s economic growth trajectory has sparked contrasting views between the Reserve Bank of India (RBI) and the State Bank of India (SBI), underscoring the uncertainty surrounding macroeconomic projections. While the RBI has maintained a conservative forecast for FY26, citing global headwinds and domestic inflationary pressures, SBI’s research wing projects stronger momentum, fueled by robust investment cycles and resilient consumption.

The Ministry of Corporate Affairs (MCA) has announced significant reforms to simplify the fast-track merger framework under the Companies Act, 2013. Designed to accelerate consolidation for certain categories of companies, the revised process reduces regulatory hurdles and enhances ease of doing business. By minimizing procedural delays, the initiative aims to support smaller entities such as start-ups, private firms, and wholly owned subsidiaries in pursuing strategic restructuring.

The Reserve Bank of India (RBI) has initiated a public consultation to assess whether the existing inflation target of 4%, within a tolerance band of ±2%, remains appropriate for the nation’s evolving macroeconomic conditions. This review, mandated every five years under the flexible inflation targeting framework, comes amid global volatility, supply-chain disruptions, and shifting domestic growth dynamics.