Donald Trump risks becoming “the president who lost India”, warned US State Representative Sydney Kamlager-Dove, calling out the Republican leader's "obsession" for Nobel Prize. Her remarks came during a congressional hearing on the US-India Strategic Partnership, amid escalating tensions over visa fees and tariffs.

British insurer Prudential said on Thursday it has sold a 4.5 per cent stake in ICICI Prudential Asset Management for ₹4,900 crore (about $545 million) ahead of the Indian fund manager's $1.2 billion IPO that opens on Friday.

The fund house is a joint venture between ICICI Bank, India's second-largest private lender, which holds 51 per cent, and Prudential, which owns the rest.

The Mexican Senate on Wednesday (local time) approved a plan to raise import tariffs of up to 50 per cent next year on goods coming from China, India, and other Asian economies, a move aimed at shielding domestic manufacturers even as business groups and affected governments objected, Reuters reported.

The proposal, which the lower house had already approved, will either increase or introduce new duties.

The board of directors at IndiGo, formally known as InterGlobe Aviation, will involve an external technical expert to work with the airline’s management and help determine the root causes and ensure corrective action so that such a disruption never occurs again, Chairman Vikram Singh Mehta said on Wednesday.

He dismissed allegations that IndiGo engineered the crisis, tried to influence the government’s flight duty time limitation (FDTL) rules, compromised safety, or that the airline’s board was not involved.

The Delhi High Court on Wednesday questioned the Central government as to why the situation that led to the cancellation of a number of flights by IndiGo precipitated, and termed it a crisis.

The high court said besides trouble and harassment caused to the stranded passengers, the question is of the losses caused to the country's economy.

Leader of the Opposition Rahul Gandhi on Wednesday submitted a formal dissent during his meeting with Prime Minister Narendra Modi and Home Minister Amit Shah to select the next Central Information Commissioner, India Today reported.

The closed-door meeting reportedly lasted nearly 1 hour and 25 minutes. According to the report, the Congress MP disagreed with the names proposed by the government for the top posts and handed over his dissent note.

The legal team of Byju Raveendran, founder of edtech firm Byju’s, said the Delaware court has amended the $1 billion judgment against Raveendran after fresh submissions made through a motion to correct the judgment of November 20, 2025.

Ports-to-energy conglomerate Adani Group is all set to invest up to ₹12 trillion in India in the next six years, chairman Gautam Adani said.

The sizeable investments will be made in infrastructure, mining, renewable energy and ports, among others, he said.

India's IndusInd Bank Chairman Sunil Mehta will step down after his term concludes in January, two sources with direct knowledge of the matter said, marking the latest leadership change at the private lender.

The bank reported its largest-ever quarterly loss in the three months ended March 31, following a $230 million hit to its accounts.

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday asked chief executive officers of public- and private-sector banks to lower intermediation costs and bolster operational efficiencies, citing the 125 basis points (bps) policy rate reduction since February.

The governor conveyed this in an interaction with bank chiefs, four days after the central bank’s Monetary Policy Committee (MPC) cut the benchmark repo rate by 25 bps to 5.25 per cent, the lowest in three years. One basis point equals 0.01 percentage point.

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