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People watch a light show on the banks of the Sarayu River on the eve of Diwali, the Hindu festival of lights, in Ayodhya, India, on October 19, 2025. (Photo by Sanjay Kanojia/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you … Read more
Indian quick commerce startup Zepto said it has raised $400 million in a funding round led by a new investor, California Public Employees’ Retirement System (CalPERS), a U.S.-based pension fund. The round, which is a mix of primary and secondary investment, also has participation from existing investors, including Avenir, Avra, Lightspeed, Glade Brook, The Stepstone … Read more
In the last few years, photo-sharing apps have capitalized on the idea that Instagram has become too curated, creating spaces for users to share unfiltered photos from their camera rolls. Locket tapped into lockscreen-based sharing, Retro took a photo journaling route, and Yope is building Instagram for private groups. Now, Mayank Bidawatka, co-founder of Indian … Read more
Coinbase has deepened its regional push with a new investment in CoinDCX, indicating renewed confidence in India’s growing crypto market. Summary Coinbase makes a new investment in CoinDCX to expand across India and the Middle East. CoinDCX reported $165B in annualized trading volume and has 20M+ users. The move follows CoinDCX’s swift recovery from a … Read more
Google is making a $15 billion investment to set up a 1-gigawatt data center and AI hub in India, even as the Indian government pushes for reduced reliance on U.S. tech giants. On Tuesday, Google said it would build the data center in the southern state of Andhra Pradesh, in the port city of Visakhapatnam. … Read more
India’s Income Tax department has launched an investigation into more than 400 high-net-worth Binance traders. The Indian tax authorities, headed by the Central Board of Direct Taxes (CBDT), suspect tax evasion despite the country’s stringent crypto tax rules. The investigation appears to be targeting offshore trading activities. According a 11 October 2025 Economic Times report, … Read more
NEWYou can now listen to Fox News articles! Famed Indian bodybuilder Varinder Singh Ghuman died earlier this week at age 42 after reportedly going into cardiac arrest during surgery. Indian newspaper The Tribune said that Ghuman ruptured a muscle in his chest, which led to his hospitalization at Fortis Hospital in Amritsar. Other Indian outlets, … Read more
British fintech Revolut — now launching in India — says cross-border payments remain one of India’s most underserved financial services. By its estimate, Indians spend about $30 billion overseas every year and lose around $600 million in bank charges — fees its India head calls “criminal.” “It has been the preserve of banks,” Paroma Chatterjee, … Read more
Social network X on Monday said it would appeal an Indian court ruling that upheld a content takedown system, calling the government-run operation “secretive” and claiming it “has no basis in the law.” The platform said last week’s decision by the Karnataka High Court lets police issue “arbitrary” content removal orders through the online portal, … Read more
This report is from this week’s edition of CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Like what you see? You can subscribe here. The big story Lately, every move out of Washington seems to send aftershocks straight to New Delhi. The latest shake-up? A $100,000 one-time … Read more
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