India’s March private business activity slows to lowest since October 2022, missing forecasts

MANGALURU, INDIA – SEPTEMBER 05: A general view shows a section of the Mangalore Refinery and Petrochemicals Limited (MRPL) refinery on September 05, 2025 in Mangaluru, India. India’s vast oil refining complexes are among the largest in the world, processing millions of barrels of crude daily to meet rising domestic and export demand. Abhishek Chinnappa…

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Iran war puts listings on hold

The National Stock Exchange (NSE) building in Mumbai, India, on Wednesday, Dec. 10, 2025. Dhiraj Singh | Bloomberg | Getty Images Global volatility is threatening a pipeline of multibillion-dollar stock market listings in India, the world’s busiest IPO market. Payments app PhonePe’s move on Monday to halt its listing plans has underscored a growing strain…

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HDFC Bank shares fall 5% as part-time chair of India’s largest private bank resigns over ‘ethics’

A man walks past a HDFC Bank stall at the Global Fintech Fest in Mumbai, India, 06 September, 2023. Nurphoto | Nurphoto | Getty Images Shares of India’s HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday,…

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Gold loans are thriving in India

Hello, I am Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination for stories and developments from the world’s fastest growing large economy. This week, I unpack what’s driving the rapid surge in gold‑loan growth in the world’s second‑largest bullion market. Loans against gold are…

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China can’t afford another crackdown on its tech companies

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Instead of trumpeting China’s tech advances, Premier Li Qiang struck an uncharacteristically somber tone during a nationwide address on policy plans. I’ve heard him speak…

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