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SIM-binding to plug security gap: Govt

December 02, 2025

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Financial Express Mumbai

PEGGING CYBER-FRAUD losses at over 22,800 crore in 2024 alone, the government on Monday said its latest directions on mandatory, continuous SIM-device binding for use of messaging apps are “essential to plug a concrete security gap” that cybercriminals are exploiting to run large-scale, often cross-border, digital frauds.

The direction does not affect the cases where the SIM is present in the handset, and the user is on roaming, the Ministry of Communications assured in a release.

المزيد من القصص من Financial Express Mumbai

Financial Express Mumbai

No change in interest rates on small savings

THE MINISTRY OF Finance on Wednesday announced that interest rates on various small savings scheme will remain unchanged for the fourth quarter of FY26.

time to read

1 min

January 01, 2026

Financial Express Mumbai

'Focus is shifting to profitability without compromising growth'

After completing its pivot from scheduled delivery to quick commerce with 900 dark stores across 40 cities, Tata Digitalowned BigBasket is now setting its sights on achieving contribution margin positivity by the end of 2026, while aiming for 50-60% revenue growth.

time to read

3 mins

January 01, 2026

Financial Express Mumbai

Safeguard duty on steel for 3 more yrs

INDIA HAS EXTENDED the safeguard duty on imports of certain steel products for three more years, starting with 12% and going down to 11%, reports Urvi Malvania.

time to read

1 min

January 01, 2026

Financial Express Mumbai

Demand recovery to shape growth outlook in new year

AS THE CALENDAR turns to 2026, expectations across industry, markets and policy circles are anchored around a firmer growth cycle, supported by reform momentum, tax relief and easing inflation, even as global uncertainties and base effects continue to temper projections.

time to read

2 mins

January 01, 2026

Financial Express Mumbai

Fiscal deficit during April-Nov widens to 62.3% of FY26 BE

Net taxes down 3.4% while capex rises 28%

time to read

1 min

January 01, 2026

Financial Express Mumbai

Why gig workers went on a strike on New Year's eve

The gig workers' strike on Wednesday had limited traction with some impact in a few cities due to the unorganised nature of the workforce. As online orders have risen, rider payouts have fallen with companies cutting costs, leading them to protest against low pay & poor working conditions, explains Banasree Purkayastha

time to read

3 mins

January 01, 2026

Financial Express Mumbai

Buffett retires, the Oracle endures

WARREN BUFFETT MAY have retired, but the Oracle of Omaha hasn't.

time to read

2 mins

January 01, 2026

Financial Express Mumbai

Household debt at 41.3%, retail loans key driver

HOUSEHOLD DEBT STOOD at 41.3% of GDP at the end of March 2025, marking a sustained increase compared to its five-year average of 38.3%, data from RBI's Financial Stability Report show.

time to read

1 min

January 01, 2026

Financial Express Mumbai

Centre bans popular painkiller nimesulide on safety concerns

THE GOVERNMENT HAS banned popular painkiller nimesulide above 100 mg in tablets and syrup forms with immediate effect.

time to read

1 min

January 01, 2026

Financial Express Mumbai

Centre's fiscal deficit widens to 62.3% of target in Apr-Nov

THE CENTRE'S FISCAL deficit widened to 62.3% of the annual target during April-November, compared to 52.5% of the respective target a year ago, due to a surge in capital expenditure growth while the net tax revenues continued to contract, reports FE Bureau.

time to read

1 min

January 01, 2026

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