India

Jasprit Bumrah has emerged as India’s highest wicket-taker in the history of the T20 World Cup, cementing his status as one of the most impactful fast bowlers of the modern era. The milestone reflects years of consistency, tactical intelligence, and elite execution under pressure. Bumrah’s achievement goes beyond personal records, underscoring India’s growing reliance on precision fast bowling in global tournaments.

Indian Overseas Bank has expanded its focus on startup banking while unveiling a new initiative, Gram Sweekar, aimed at improving credit access in rural and semi-urban India. The twin moves reflect the bank’s strategy to balance innovation-led growth with inclusive financial development. By strengthening tailored banking solutions for startups and small enterprises, alongside targeted rural lending, IOB is positioning itself as a partner to both emerging entrepreneurs and grassroots borrowers.

PNC Infratech reported a modest decline in profitability for the third quarter, with net profit easing 5 percent year-on-year to Rs 77 crore. The softer performance reflects rising project execution costs, input price volatility, and tighter margins across the infrastructure sector. While the company continues to benefit from a healthy order book and ongoing government-led infrastructure spending, near-term financial pressure remains evident. Management is focused on disciplined execution, cash-flow management, and selective bidding to protect returns.

India Post has partnered with the National Stock Exchange (NSE) to enhance access to mutual fund investments across urban and rural India. The collaboration aims to leverage India Post’s extensive network of over 1.5 lakh post offices and NSE’s digital infrastructure to simplify mutual fund subscriptions and redemptions for retail investors. Officials highlighted that the initiative will promote financial inclusion, improve awareness of investment products, and bridge the gap between traditional banking services and capital markets.

India is entering a consequential phase marked by steady economic momentum, active policy recalibration, and heightened global engagement. Recent developments point to resilient domestic demand, targeted infrastructure spending, and continued reforms across manufacturing, technology, and financial services. At the same time, policymakers are balancing growth priorities with inflation management and fiscal discipline. On the geopolitical front, India is deepening strategic partnerships while asserting its role in global supply chains.

Nokia is recalibrating its global strategy as it seeks to strengthen its position in network infrastructure, 5G deployment, and enterprise-driven digital solutions. Once synonymous with mobile handsets, the Finnish technology group has evolved into a business-to-business focused company, serving telecom operators, governments, and large enterprises. Amid shifting demand patterns and heightened competition, Nokia is emphasizing operational efficiency, selective investments, and technology leadership.

State Bank of India reported a solid financial performance in the third quarter, driven by steady credit growth, controlled costs, and a continued improvement in asset quality. The country’s largest lender benefited from resilient loan demand across corporate and retail segments, while lower provisioning requirements supported profitability. Stable net interest margins and progress in digital banking further strengthened earnings momentum. The results underscore SBI’s ability to navigate a complex operating environment marked by interest rate volatility and competitive pressures.

Oppo India, a leading smartphone manufacturer, announced plans to open 110 new service centers across the country, significantly expanding its after-sales support infrastructure. This strategic move aims to enhance customer experience, reduce service turnaround times, and strengthen brand loyalty amid rising competition in the Indian smartphone market. Analysts note that the expansion aligns with Oppo’s broader focus on improving consumer trust and addressing growing demand for reliable post-purchase support, particularly in tier-2 and tier-3 cities.

The Securities and Exchange Board of India (Sebi) Chief underscored the critical role of ethics and professional judgment in shaping the future of chartered accountants (CAs) during a recent industry forum. Highlighting evolving regulatory frameworks, technological disruption, and increasing complexity in financial reporting, he stressed that technical expertise alone is insufficient; integrity, ethical decision-making, and sound judgment are paramount.

Vedanta Ltd. delivered a sharp earnings rebound in the third quarter, reporting a 60% year-on-year jump in consolidated net profit to Rs 7,807 crore. The performance was driven by improved commodity prices, cost efficiencies and stronger contributions from key verticals, including aluminium, zinc and oil and gas. Better operational execution and disciplined capital management further supported margins despite a volatile global commodities environment.