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India’s cyber scam bill crosses Rs 52,976 crore in 6 years; investment fraud is the big monster

INDIA

India’s cyber scam bill crosses Rs 52,976 crore in 6 years; investment fraud is the big monster

Indians lost Rs 52,976 crore to frauds in six years; 2025 losses at Rs 19,812 crore.

Mukesh Ambani visits Somnath Temple with family - See pics

INDIA

Mukesh Ambani visits Somnath Temple with family - See pics

Footage of the temple visit was shared by news agency ANI, showing the Ambanis performing rituals amid tight security arrangements.

Agritech firm Arya.ag raises Rs 725 crore from GEF Capital Partners to scale climate-smart farming

BUSINESS

Agritech firm Arya.ag raises Rs 725 crore from GEF Capital Partners to scale climate-smart farming

Funding to support climate-smart farming, farmgate infrastructure and storage-linked finance as agri risks rise

Deepinder doubles down as gig economy divides Internet; India drafts space traffic safety rules; and Govt clears Rs 41,863-crore component PLI proposals | MC Tech3

PODCAST

Deepinder doubles down as gig economy divides Internet; India drafts space traffic safety rules; and Govt clears Rs 41,863-crore component PLI proposals | MC Tech3

In today’s Tech3 from Moneycontrol, we kick off the New Year with a look at how India’s startup and tech ecosystem hit the ground running. We unpack Deepinder Goyal’s defence of the gig economy amid strike calls, examine India’s draft space traffic safety rules as satellite launches rise, track the Centre’s biggest-ever approvals under the electronics component scheme, and close with IIT Madras launching IITM Global as it scales its international research ambitions.

Andhra Pradesh leads proposed investments in FY26; power sector tops announcements

BUSINESS

Andhra Pradesh leads proposed investments in FY26; power sector tops announcements

Bank of Baroda data shows Andhra Pradesh cornered over a quarter of proposed investments in April–December FY26, with electricity—led by renewables—and chemicals topping sectoral announcements.

MeitY flags Grok misuse on X, seeks action report over obscene content

INDIA

MeitY flags Grok misuse on X, seeks action report over obscene content

In a notice, Meity warns of safe harbour loss if AI-generated violations continue

FIIs return as net buyers of Indian equities worth Rs 290 crore, DIIs net buy worth Rs 677 crore

BUSINESS

FIIs return as net buyers of Indian equities worth Rs 290 crore, DIIs net buy worth Rs 677 crore

The past year saw FII/FPIs remain as net sellers, offloading Indian equities worth Rs 2.92 lakh crore. On the other hand, DIIs added strength to the market with their buying spree reaching Rs 7.85 lakh crore for the year so far.

Surgical products maker G Surgiwear plans to raise Rs 740 crore via IPO, files draft document with SEBI

BUSINESS

Surgical products maker G Surgiwear plans to raise Rs 740 crore via IPO, files draft document with SEBI

G Surgiwear IPO | The company planned for issuance of fresh shares worth up to Rs 370 crore, and promoter Ghanshyam Das Agarwal will be selling same amount of shares via offer-for-sale.

SEBI, IEPFA to organise Niveshak Shivir in Bengaluru on January 3

MARKETS

SEBI, IEPFA to organise Niveshak Shivir in Bengaluru on January 3

The Niveshak Shivir initiative is part of Government's broader framework aimed at easing procedural bottlenecks and enabling faster resolution of long-pending investor claims.

Rs 1.75 crore gains due to broker's tech glitch: Bombay HC allows F&O trader to keep profit

BUSINESS

Rs 1.75 crore gains due to broker's tech glitch: Bombay HC allows F&O trader to keep profit

Bombay High Court said: 'It cannot be that the Respondent (trader) would only be liable to repay the amount of losses but cannot be permitted to retain the profits'

Modern Diagnostic IPO GMP rises as issue subscribed 350 times; allotment likely on Jan 5

BUSINESS

Modern Diagnostic IPO GMP rises as issue subscribed 350 times; allotment likely on Jan 5

Modern Diagnostic shares are expected to be allotted by January 5 through registrar Link Intime, while the listing is scheduled for January 7.

Govt rolls out Interest Subvention Scheme guidelines for MSME exporters worth Rs 5,181 crore

BUSINESS

Govt rolls out Interest Subvention Scheme guidelines for MSME exporters worth Rs 5,181 crore

The interest subvention scheme is intended to help MSMEs access export credit at competitive rates below prevailing market levels

Chhattisgarh liquor 'scam': HC grants bail to former CM Bhupesh Baghel's son Chaitanya

INDIA

Chhattisgarh liquor 'scam': HC grants bail to former CM Bhupesh Baghel's son Chaitanya

The HC granted him bail in a case lodged by the Enforcement Directorate and another by Chhattisgarh Anti Corruption Bureau/Economic Offence Wing

Jaishankar’s take on work-life balance: ‘No off days, wife may...' | Watch

INDIA

Jaishankar’s take on work-life balance: ‘No off days, wife may...' | Watch

Jaishankar says that his life isn’t without balance. According to him, he resorts to building habits and developing hobbies, which help him deal with the rest of the world.

‘Shah Rukh Khan should apologise to nation, speak up on atrocities against Hindus…’: Imam Ilyasi on KKR picking Bangladeshi player in IPL

INDIA

‘Shah Rukh Khan should apologise to nation, speak up on atrocities against Hindus…’: Imam Ilyasi on KKR picking Bangladeshi player in IPL

Imam Umer Ahmed Ilyasi said that KKR owner Shah Rukh Khan should issue a statement condemning the atrocities against Hindus in Bangladesh and drop Mustafizur from the team

Investors mourn loss of Siddhartha Bhaiya, say 'a very promising fund manager gone too soon'

BUSINESS

Investors mourn loss of Siddhartha Bhaiya, say 'a very promising fund manager gone too soon'

Before joining Aequitas in 2012, Bhaiya had worked at the PMS division of Nippon India Mutual Fund until 2011, where he was among the youngest fund managers.

Business in the Week Ahead: January 5-9, 2026

BUSINESS

Business in the Week Ahead: January 5-9, 2026

Quarterly updates, results, bank loans and deposits growth and final PMIs are the key data points and events to track

BJP’s ‘anti-India lobby’ attack on Rahul Gandhi over US lawmakers’ letter to India seeking Umar Khalid’s bail

INDIA

BJP’s ‘anti-India lobby’ attack on Rahul Gandhi over US lawmakers’ letter to India seeking Umar Khalid’s bail

Sharing a picture of the leader of Opposition with US lawmakers Janice Schakowsky and Ilhan Omar, BJP’s Pradeep Bhandari wrote, “Every time an anti-India narrative is peddled abroad one name keeps recurring in the background: Rahul Gandhi."

Delhi High Court grants protection to personality rights of Andhra Deputy CM Pawan Kalyan

INDIA

Delhi High Court grants protection to personality rights of Andhra Deputy CM Pawan Kalyan

Court says Kalyan's his images, voice and name were being used by the defendant entities without his consent for selling merchandise for commercial gains, either directly or through e-commerce platforms.

Aequitas founder Siddhartha Bhaiya passes away at 47 due to cardiac arrest

BUSINESS

Aequitas founder Siddhartha Bhaiya passes away at 47 due to cardiac arrest

Siddhartha Bhaiya was a prominent figure in India's investment landscape, known for his contrarian strategies and exceptional track record

Lending infra firm Knight Fintech raises $23.6 million in Series A round led by Accel

BUSINESS

Lending infra firm Knight Fintech raises $23.6 million in Series A round led by Accel

Knight FinTech positions itself as a backend infrastructure player, largely invisible to end users, that enables banks, NBFCs and platforms to originate, disburse and manage credit at scale.

'No water, poison being distributed': Rahul Gandhi slams BJP over Indore water contamination deaths

INDIA

'No water, poison being distributed': Rahul Gandhi slams BJP over Indore water contamination deaths

Raising questions over the incident, the Congress leader said people had repeatedly complained about dirty and foul-smelling water, but no action was taken.

Republic Day 2026 and beating retreat tickets: Expected dates, price, tickets

INDIA

Republic Day 2026 and beating retreat tickets: Expected dates, price, tickets

Once ticketing opens, early registration is crucial due to limited availability.

200 parrots die on Narmada banks in Madhya Pradesh, probe underway

INDIA

200 parrots die on Narmada banks in Madhya Pradesh, probe underway

According to officials from the veterinary department, food poisoning and improper diet have caused the deaths. According to report, rice and small pebbles were found in the stomachs of dead birds.

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