July 12, 2025-
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In a key update for millions of taxpayers and professionals, the Income Tax Department has officially released the Excel-based utilities for ITR-2 and ITR-3 for Assessment Year (AY) 2025–26 on July 11, 2025....
In a key update for millions of taxpayers and professionals, the Income Tax Department has officially released the Excel-based utilities for ITR-2 and ITR-3 for Assessment Year (AY) 2025–26 on July 11, 2025....
RBI Governor Sanjay Malhotra informed the Parliamentary Standing Committee on Finance that 1.12 lakh fake ₹500 currency notes were detected during FY 2024–25, marking a 37% increase from the previous year. While overall...
RBI Governor Sanjay Malhotra has clarified that while ₹2,000 denomination notes are no longer in active circulation, they remain legal tender in India. This statement was made during a meeting with the Parliamentary...
As India’s fintech lenders scale their unsecured credit portfolios, many encounter a common roadblock: How do you approve more customers without triggering a spike in defaults? The answer may lie in an often-overlooked...
The financial system is entering a new phase of complexity and exposure as U.S. banks’ loans to nonbank financial institutions (NBFIs) surpass $1.14 trillion in Q1 2025, according to fresh data from the...
India’s booming fintech sector is increasingly becoming the lender of choice for young, digital-first borrowers, according to a new report by the Fintech Association for Consumer Empowerment (FACE)—a self-regulatory body recognized by the...
Following its unprecedented action against US-based trading firm Jane Street, SEBI Chairman Tuhin Kanta Pandey has reiterated the regulator’s zero-tolerance policy for market manipulation. Speaking at an industry event in Mumbai, Pandey emphasized...
In a move aimed at streamlining digital onboarding processes in the financial sector, Registered Intermediaries (RIs) such as brokers, mutual fund houses, and portfolio managers can now use the ‘e-KYC Setu System’ developed...
In a landmark enforcement move, the Securities and Exchange Board of India (SEBI) has barred US-based trading firm Jane Street from the Indian securities market and impounded ₹4,840 crore—marking one of the largest...
The Reserve Bank of India (RBI) has raised red flags over potential overvaluation in Indian equity markets, particularly in the small- and mid-cap segments, according to its latest Financial Stability Report (FSR) released...
India’s insurance industry is undergoing a rapid transformation powered by InsurTech—a new wave of startups and digital-first insurers that are reshaping how policies are sold, serviced, and settled. From usage-based premiums and AI-driven...
As India accelerates toward becoming a $5 trillion economy, financial inclusion remains a national imperative. The government, regulators, banks, NBFCs, and fintechs are focusing on expanding access to savings, credit, insurance, and digital...
As financial institutions seek to enhance operational efficiency, customer engagement, and risk management, Artificial Intelligence (AI) and Generative AI (GenAI) are emerging as transformative technologies. From fraud detection to personalized wealth management, banks...
In a significant move to enhance financial accessibility, Union Minister for Labour and Employment, Mansukh Mandaviya, announced on June 24, 2025, that the Employees’ Provident Fund Organisation (EPFO) has raised the auto-settlement limit...
With the Reserve Bank of India (RBI) setting a June 30, 2025, deadline for IndusInd Bank to name its new Managing Director and Chief Executive Officer (MD & CEO), the bank’s board has...
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