Business Economy


India highly exposed to digital fraud, faces twice global average risk: Report

New Delhi, June 16 (UNI) India remains highly exposed to digital fraud globally, with 7.1 per cent of digital transactions involving consumers in India in 2025 suspected to be fraudulent attempts—almost double the global average of 3.8 per cent, according to TransUnion's Top Fraud Trends Report.
Logistics, telecommunications, and insurance emerged as the most vulnerable sectors, the report said.
Logistics recorded the highest suspected digital fraud rate at 16.3 per cent, followed by telecommunications at 14.7 per cent and insurance at 11.5 per cent.

The report said these sectors are particularly exposed because they rely heavily on real-time interactions, distributed networks and high-frequency transactions, creating opportunities for fraudsters to exploit weaknesses in identity verification and authentication.

Further, the report highlighted a broader shift towards identity-driven fraud, with attackers increasingly targeting legitimate customer accounts.
Unlike the global trend, where account creation remains the riskiest stage of the digital customer journey, fraud risk in India was highest at the account login stage, where 3.9% of transactions were suspected to be fraudulent. This was followed by account creation (3.1%) and financial transactions (1.2%).
According to the report, this trend suggests criminals are increasingly using compromised credentials to take over existing accounts, underscoring the need for businesses to strengthen identity verification and fraud prevention systems at the onboarding and login stages. UNI VK AAB
More News

Adani in race to acquire Polaris Smart Metering

13 Jul 2026 | 6:57 PM

Mumbai, July 13 (UNI) Adani Energy Solutions is among the companies which have reached the second round of negotiations in the race to purchase smart metering company Polaris Smart Metering, market sources said here on Monday.

see more..

Trade deficit widens to five-month high of USD 30 43 bn in June

13 Jul 2026 | 6:53 PM

New Delhi, Jul 13 (UNI) India's trade deficit widened to a five-month high of USD 30.43 billion in June, compared to USD 19.10 billion the same month last year, according to the data released by the Ministry of Commerce on Monday.

see more..

Hyderabad Airport ranked world's 4th most family-friendly airport

13 Jul 2026 | 6:20 PM

Hyderabad, July 13 (UNI) GMR Hyderabad International Airport (GHIAL) on Monday announced that the Hyderabad International Airport has been ranked the 4th Most Family-Friendly Airport in the world by UK-based travel experience provider AttractionTickets.com, making it one of only two Indian airports to feature in the prestigious global list.

see more..

Consultations in right direction, don't see any challenge: Commerce Secy on India-US trade deal

13 Jul 2026 | 5:45 PM

New Delhi, Jul 13 (UNI) Commerce Secretary Rajesh Agrawal on the India-US trade deal said Consultations are progressing in the right direction, and both sides remain positive.
"We don't see any challenge in India-US trade deal negotiations. Consultations are progressing in the right direction, and both sides remain positive. The India-US framework trade deal is ready for signing at an appropriate time. Trade ties continue to strengthen, including energy imports from the US," he said.

see more..

India's retail inflation rises to 4 38 per cent in June

13 Jul 2026 | 5:04 PM

New Delhi, Jul 13 (UNI) India's retail inflation increased to 4.38 per cent for the month of June, said government data released here today.

see more..