India’s parliament has approved a tax amendment bill to simplify digital payment laws and reassure users that UPI transactions will remain free, as the government seeks to attract foreign investment and expand domestic financial activity. India’s parliament has passed a…
India continues to heavily rely on discounted Russian crude, with imports reaching a record high in July amid increasing US sanctions pressure and geopolitical tensions. India’s Russian crude imports climbed to a second straight monthly record in July, underscoring how…
India’s economic overhaul in 1991 was born out of a financial crisis and political backing, paving the way for long-term market-oriented reforms, but leaving fundamental structural issues unaddressed, according to Nk Singh. India’s 1991 economic overhaul was not a sudden…
India’s government aims to tighten control over mineral tax powers through new legislation, challenging state autonomy following a Supreme Court ruling that affirms regional taxation rights over mineral land. India’s federal government is moving to rein in state powers over…
Brookfield India Real Estate Trust and Prime Offices Fund have teamed up to purchase 264,000 square feet of Grade-A office space in Mumbai’s Bandra-Kurla Complex for ₹1,700 crore, signalling continued investor confidence in premium commercial properties amid rising demand and…
India has begun easing some investment restrictions on Chinese firms, signalling a tentative shift towards economic engagement despite ongoing political tensions, according to recent policy adjustments and commentary. India’s economic relationship with China is showing tentative signs of thaw, even…
The Indian branded residences market is evolving beyond brand names to emphasise strategic site choice, operational models, and post-handover planning, as the sector prepares for the second Branded Residences Summit in Mumbai. India’s branded residences market is moving beyond the…
Foreign banks’ increased demand for FCNR(B) deposits through RBI’s swap facility has driven a surge into 3- to 5-year government securities, lowering yields and widening the gap with 10-year bonds amidst evolving regulatory support. Foreign banks in India are directing…
India’s civil aviation ministry has clarified that there is no government policy preventing major airport operators from owning or running airlines, amidst recent reports suggesting potential rule changes to boost competition and market dynamics. India’s civil aviation ministry has said…
India’s government claims a drop in youth unemployment to 9.9% in 2025, driven by a range of employment initiatives, despite varying data sources highlighting a complex labour market landscape. India’s government told parliament on Monday that unemployment among people aged…
