Daily Republic News
- Business
- July 28, 2026
Elon Musk’s X Forays Into Digital Payment Services In US
While Elon Musk’s net worth has plunged below the 700 billion mark, the tech billionaire’s micro-blogging platform X has forayed into the digital payment services vertical via X Money.This feature allows users access to banking and financial services directly within the ecosystem Read More
- Business
- July 28, 2026
Rupee Set to Hold Above 96/USD as Persistent RBI Dollar Sales & Lower Crude Counter US Dollar Gains
The Indian rupee is expected to hold above the 96-per-dollar mark at Tuesday’s open, with recent central bank intervention and softer oil prices countering the dollar’s broad strength.The rupee is expected to open flat to slightly higher, according to traders, after rallying 0.7% Read More
- Business
- July 27, 2026
‘Immediate Containment Measures Implemented’: Bank of Baroda Issues Clarity on Alleged 1TB Data Leak
Bank of Baroda suffered a massive breach when cybercriminal group TripleX allegedly leaked 1TB of its sensitive customer data onto the dark web in India on July 24.According to a formal statement released by the bank, the breach was carried out by compromising an employee’s email Read More
- Business
- July 27, 2026
HDFC Bank Board Warns CEO Sashidhar Jagdishan, CFO, Imposes ₹1 Lakh Penalty Over MSRDC Deposit Probe
The board of HDFC Bank Limited, India’s largest private sector lender, has penalised its top after an internal probe into deposit mobilisations from a state-run infrastructure body.In a stock exchange filing, the bank announced that its board had issued warning letters and a pena Read More
- Business
- July 27, 2026
E20 Row: Bombay High Court Permits Nitin Gadkari to Sue Meta, X, and Google Over AI Deepfakes
Union Minister for Road Transport and Highways Nitin Gadkari has been allowed by the Bombay High Court to file a civil lawsuit against social media giants Meta, X, and Google over fake, AI-generated videos targeting him.A single bench of Justice Abhay Ahuja on Monday allowed Gadk Read More
- Business
- July 27, 2026
FM Sitharaman Urges Tax Officials to Give Honest Taxpayers Opportunity to Correct Bona Fide Errors
Finance Minister Nirmala Sitharaman has urged income tax officials to give honest taxpayers opportunity to correct bona fide errors by adopting a more taxpayer-friendly approach, and distinguish between wilful tax evasion and genuine mistakes. The remarks came ahead of the deadli Read More
- Business
- July 27, 2026
IDFC First Bank Stock Surges Up to 9% as Q1 Net Profit More Than Doubles to ₹1,075 Crore
Shares of IDFC First Bank Limited surged near its 52-week high on Monday, July 27, 2026, after the private sector lender reported a record-high quarterly net profit for the April-June period, boosted by robust loan growth and lower credit costs.The bank’s stock opened significant Read More
- Business
- July 27, 2026
From IIP Data To Fed Rate Decision: Key Triggers To Sway Investor Confidence This Week
While the Indian stock market rang in green on Monday, July 27, both domestic and foreign institutional investors will be keenly observing several key data releases this week, including Industrial Production data, and the US Fed Reserve interest decision.Domestic Data Triggers To Read More
- Business
- July 27, 2026
Nifty IT Index Surges Over 2.3% to 29,450; OFSS and Infosys Lead Broad-Based Rally as Brokerages Eye Currency Tailwinds
India’s IT index surged over 2.3% in morning trade on Monday, July 27, 2026, outperforming broader markets as aggressive institutional buying across major tech counters, led by Oracle Financial Services Software (OFSS) and Infosys, pushed the benchmark to fresh intraday highs.The Read More
- Business
- July 27, 2026
Why Jefferies Upgarded Its Stance On Indian IT Sector
Brokerage major Jefferies has changed its stance from underweights on the Indian IT sector, whilst adding shares of Infosys Ltd. to its model portfolio, as part of its India strategy note on July 27.On the other hand, several other brokerages continue to expect negative bias to c Read More
