The long-awaited Bima Sugam platform is set to launch soon, promising to transform India’s insurance industry by serving as a one-stop digital marketplace for policies, claims, and services. The initiative, supported by the...
The long-awaited Bima Sugam platform is set to launch soon, promising to transform India’s insurance industry by serving as a one-stop digital marketplace for policies, claims, and services. The initiative, supported by the...
India’s UPI spending on gaming has dropped by 26% following the government’s ban on real-money gaming apps. The decision, aimed at addressing concerns around consumer protection and addiction, has had a sharp impact...
India’s credit-deposit (CD) ratio has remained below the 80% threshold, reflecting a slowdown in lending momentum even as deposits continue to rise steadily. The muted credit growth highlights challenges for banks in translating...
Finance Minister Nirmala Sitharaman has assured that the government is keeping a close watch on the Indian rupee, even as several global currencies have weakened against the U.S. dollar. She emphasized that India’s...
Gold has been on a strong upward run globally, but central banks, including the Reserve Bank of India (RBI), are slowing down their purchases amid elevated prices and geopolitical uncertainty. While gold continues...
India and Israel are expected to sign a long-awaited Bilateral Investment Treaty (BIT) next week, a move aimed at strengthening economic ties, protecting cross-border investments, and boosting investor confidence. The treaty will provide...
India has urged member nations of the Shanghai Cooperation Organisation (SCO) to exercise caution and avoid the misuse of export measures that could distort trade flows and undermine global supply chains. Speaking at...
Commerce and Industry Minister Piyush Goyal has called on Indian businesses to ensure that the benefits of GST rate cuts are fully passed on to consumers. Emphasizing that reforms under GST 2.0 aim...
Finance Minister Nirmala Sitharaman chaired three separate high-level meetings to review the preparedness of the Goods and Services Tax Network (GSTN) for the rollout of GST 2.0. The meetings, held over the past...
The U.S.-India Business Council (USIBC) has hailed India’s recent GST reforms as a landmark step that will strengthen business confidence, attract investment, and enhance ease of doing business. By rationalizing slabs and simplifying...
Finance Minister Nirmala Sitharaman has described GST 2.0 as the “final piece in India’s big tax reforms,” stressing that the overhaul was guided by the principles of affordability and Aatmanirbharta (self-reliance). The minister...
A new study has revealed a clear correlation between fintech adoption and stronger credit ratings for financial institutions. Banks, NBFCs, and cooperative lenders that integrate digital tools, AI-driven risk models, and data analytics...
India’s banking sector is witnessing stability in non-performing assets (NPAs), with gross and net NPA levels showing improvement across major public and private lenders. Backed by RBI’s strict regulations, provisioning norms, and asset...
The GST Council’s latest round of tax reforms is expected to act as a powerful stimulus for India’s economy by driving consumption and spurring growth. With rationalized slabs and targeted relief on essential...
Fintechs and lenders are projecting a sharp surge in consumer demand this festive season, driven by the government’s recent GST rate cuts on food, textiles, and daily-use items. By reducing tax burdens, the...
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