Cryptocurrency thefts have surged to $2.17 billion in the first half of 2025, surpassing 2024's total, driven by a massive $1.5 billion ByBit exploit. This spike, detailed in a Chainalysis report, highlights growing vulnerabilities in digital asset platforms and the increasing sophistication of attacks. While CoinDCX recently experienced a $44.
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Indian stock investors brace for a busy week, closely monitoring quarterly earnings from major companies. The potential results of India-US trade discussions and upcoming inflation figures will significantly influence market direction. Global market performance and foreign investor activity are also key factors. Analysts emphasize the importance of tracking both WPI and CPI inflation data during this crucial period.
The government is preparing to establish the 8th Central Pay Commission. Consultations are underway with various ministries and state governments. This commission will revise the pay for central government employees and pensioners. The 8th CPC is expected to be implemented from January 1, 2026. The government revises dearness allowance twice a year to adjust for inflation.
TCS CEO K Krithivasan anticipates international revenue surpassing FY25 levels in FY26, pending trade clarity expected by late July or August. While projects with immediate ROI continue, longer-term initiatives face delays or scope reduction. The BSNL deal's wind-down impacted revenue by 2.8%. AI is driving efficiency, prompting discussions with clients about sharing productivity gains.
BSE and NSE shares have plummeted due to the Jane Street controversy, regulatory actions, and declining derivatives volume, resulting in a significant market capitalization loss. BSE has entered a bear market, while NSE approaches a substantial reduction.
Improving your credit score is crucial for financial well-being. Paying bills on time, using secured loans wisely, and managing credit utilization are key strategies. Frequent EMI conversions and taking on new debt to cover old debts can negatively impact your score.
India's merchandise trade gap saw a slight decrease to $20.7 billion in June 2025, primarily due to lower crude oil prices and reduced gold imports. Strategic sourcing, including increased oil purchases from Russia and the US, helped mitigate the impact of global commodity price fluctuations.
CoinDCX is investigating a security breach of an internal operational account, assuring customers that their funds are safe. Blockchain experts detected suspicious fund transfers, estimating a loss of around $44 million. The exchange has isolated the affected account, is working with cybersecurity firms, and will cover the loss from its treasury while tracing the funds.
HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced a bonus issue and dividend, with net profit rising 12.2%. ICICI Bank's net profit grew by 15.4%, driven by income growth, while both lenders expressed caution regarding margin pressures and certain retail lending segments.
Good news for senior citizens. Higher returns are available on fixed deposits. Small finance banks offer up to 8.5% interest on three-year FDs. Utkarsh Small Finance Bank leads with the highest rate. Be mindful of tax deducted at source. Submit Form 15H to avoid TDS if income is below the taxable limit.
RBI's new directive allows banks to accept voluntary gold and silver pledges for agricultural and MSME loans up to Rs 2 lakh, even within collateral-free limits. This aims to enhance financial inclusion in rural areas where gold is a liquid asset, enabling faster loan processing and reducing reliance on informal lenders.