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Foreign portfolio investors reversed course in September, pulling out Rs 35,860 crore from Indian equities amid rising US interest rates, global uncertainty and a firmer dollar. The selling extended into October with an additional Rs 9,232 crore outflow, erasing part of the strong buying seen in July and August.
India’s corrugated box makers are confronting a sharp cost shock as kraft paper prices jump 25% to 35%, driven by imported fibre constraints, geopolitical disruptions, higher input costs and rising freight rates. With customer price revisions lagging behind the surge in raw material expenses, manufacturers are being squeezed between volatile supply chains and delayed pass-throughs.
India’s corrugated box manufacturers are confronting a sharp cost shock as kraft paper prices jump 25% to 35%, driven by imported fibre constraints, geopolitical disruptions and higher input and freight costs. Industry players say delayed customer price revisions are intensifying margin pressure, leaving packaging firms with limited room to absorb the increase.
The Enforcement Directorate has provisionally attached movable and immovable assets worth about ₹442.35 crore in its money laundering investigation linked to Gameskraft’s RummyCulture platform. The latest action deepens regulatory pressure on the real-money gaming sector, which is already grappling with tax, compliance and legal uncertainty in India.
India’s Enforcement Directorate has provisionally attached movable and immovable assets worth about ₹442.35 crore in its money-laundering investigation linked to Gameskraft and its online rummy platform, RummyCulture. The latest action deepens regulatory pressure on one of India’s best-known real-money gaming companies and underscores the widening scrutiny facing the sector over the legal and financial treatment of online gaming revenues.
The Enforcement Directorate has provisionally attached movable and immovable assets worth about ₹442.35 crore in its money-laundering investigation linked to Gameskraft’s RummyCulture platform. The latest action deepens regulatory pressure on the online gaming sector, where tax, compliance and legality questions have intensified over the past year.
The Enforcement Directorate has provisionally attached movable and immovable assets worth about ₹442.35 crore in its money laundering investigation linked to Gameskraft’s RummyCulture platform. The latest action deepens regulatory pressure on India’s online gaming sector, where tax, compliance and legality questions have already triggered a sharp business and legal reset.
Paramotor Digital Technology has filed updated draft papers with the Securities and Exchange Board of India for a Rs 1,000 crore initial public offering, advancing plans to tap public markets for growth capital. The issue comprises a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore, with proceeds earmarked mainly for customer acquisition, technology development and business expansion.
A BBC investigation has found that backdated paperwork was used to obscure assets linked to Roman Abramovich, including yachts and mansions, from official accounts and potentially evade tax obligations. The findings add fresh scrutiny to the financial structures surrounding one of Russia’s most prominent oligarchs, whose wealth and holdings have long drawn international attention.
Newly reported records indicate that aides linked to Russian billionaire Roman Abramovich helped falsify paperwork to disguise the ownership and movement of assets, apparently to limit tax liabilities and obscure transparency. The allegations, which also draw in Deloitte’s Cyprus office, intensify scrutiny of how elite wealth was routed through offshore structures during Abramovich’s years of global dealmaking.
A Florida local newspaper published an opinion piece that was later identified as an Iranian AI-generated fake, underscoring how foreign actors are using synthetic content to infiltrate legitimate media channels. The episode has sharpened concerns among security and media experts that AI is lowering the cost, speed, and sophistication of influence operations aimed at American audiences.
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