The sale of IDBI Bank to Fairfax Financial marks a significant move in India's privatisation strategy, revealing valuation complexities and market implications.
The Central Bureau of Investigation has filed charges against Kishore Biyani and others regarding a ₹904 crore bank fraud, conducting searches in Mumbai.
Iran's gas shortage and regional security concerns were key topics during Russian President Vladimir Putin's meeting with Iranian security chief Mohsen Rezaei.
Asian equity markets experience a sharp decline, with the Kospi dropping over 7% and the Nikkei shedding significant points due to AI-related stock pressures.