In the first ten months of FY25, digital financial frauds in India surged to USD 482.5 million across 2.4 million incidents, as reported by the Ministry of Finance. This marks a 67% increase from FY23, reflecting the growing scale of financial crime.
In today’s digitally intertwined world, data rarely stays confined within national borders, and neither do the laws that govern it. Cross-border data transfers are now a routine part of global business, but they come with legal and operational risks. In India, the average cost of a data breach has surged to US$2.52 million, highlighting the financial impact of non-compliance.
India’s maritime sector plays a crucial role in the national economy and strategic planning, supported by a 2,500-kilometre coastline and a network of 12 major and over 200 minor ports. With around 95% of trade by volume and 70% by value moving through maritime transport, the sector plays a significant role in building the nation’s GDP. This growth brings increased complexity and demands stronger oversight. Maritime compliance and risk management goes beyond ships and ports, they extend across the entire supply chain, including factories, refineries, trucking companies, and key personnel.
In today’s business environment, reputation risk is a growing concern for organizations. A recent survey claims most professionals anticipate a rise in financial crime, while only 36% consider their company’s compliance program as highly effective – a clear gap between rising threats and organizations’ ability to manage them. To protect reputation, financial stability, and regulatory compliance, Integrity Due Diligence helps businesses identify and mitigate risks.
Risks in the supply chain is not only from the product itself, but many also arise from people, locations, and hidden connections. A recent report revealed that ~9% of reported issues stem from poor due diligence on people and third-party partners behind them. While companies are often diligent about verifying the quality of products and services, they frequently overlook the stakeholders behind them.
In a recent incident, a startup reported over $200 million in revenue for 2024, a 3x exaggeration over its actual earnings. This involved billing another entity for services that never occurred, creating an illusion of growth and of valuation. Such practices reflect a deeper issue: the growing misuse of financial data in pursuit of market advantage, which undermines transparency and raises serious concerns about corporate ethics.
Jewellery has been more than an ornament; it remains an integral part of India’s history, identity, heirloom, art, financial safety net, and has evolved with every generation. The origins of jewellery are traced over 150,000 years, when early artisans created jewellery from naturally occurring materials like stones and shells, later incorporating metals like copper and bronze.
The Automotive Sector in India has been a critical pillar contributing to the economy, employment, and technological advancement. As per MRFR analysis, the sector is expected to grow from US$130 billion in 2025 to US$276 billion by 2034, at a CAGR growth of 8.80%. One of the largest automotive markets globally, the country witnessed significant evolution over the past decades, driven by rising consumer demand, government initiatives, and advancements in manufacturing capabilities.
Rare earth elements primarily comprise a set of 15 elements in the periodic table, collectively referred to as the Lanthanide series. These elements are typically classified into Light Rare Earths (ranging from Lanthanum to Samarium) and Heavy Rare Earths (from Europium to Lutetium). They readily react with both metallic and non-metallic elements to form a variety of compounds, each exhibiting unique chemical properties. As a result, these elements are essential and irreplaceable in numerous applications across electrical, optical, magnetic, and catalytic technologies.
Public infrastructure forms the foundation of economic growth, improving connectivity, facilitating trade, and elevating the overall standard of living. As the world’s fourth-largest economy, India has achieved significant advancements in such development over the past decade. Infrastructure investment in India has seen a substantial rise, driven by both public and private sector participation.