Bank of America has agreed to acquire up to a 49.9% stake in Jio Credit, signalling a strategic expansion into India’s burgeoning credit sector and highlighting the evolving landscape of international partnerships in Indian financial services. Bank of America has…
The U.S. Senate’s approval of a broad sanctions bill targeting Russia could force India to diversify its oil sources and confront higher import costs, stirring economic and trade uncertainties. The U.S. Senate’s passage of a sweeping Russia sanctions bill has…
A NITI Aayog report outlines strategic sectors, highlighting chemical, textile, telecom, and solar industries, as India aims to boost productivity and competitiveness to challenge China’s dominance in global manufacturing. India must scale up manufacturing, lift productivity and push deeper into…
The Indian parliament has approved a bill that limits states’ ability to levy taxes on mineral rights, as state revenues from mining and coal have seen significant growth over the past decade, shifting fiscal benefits increasingly to state governments. Parliament…
The Australian government has allocated A$13.5 million to support six health tech and biotech startups, reinforcing its commitment to advancing digital health and biomedical innovation amid increasing public investment and recent budget boosts. Australia has channelled A$13.5 million into six…
India is transforming its business landscape through comprehensive reforms, digitalisation, and increased capital support, fostering a more resilient, self-reliant economy with record startup growth. India’s push to make itself easier to do business in is increasingly being framed as a…
TimbuckDo teams up with IdeaBaaz Startup Fest to offer over 100 students paid roles, highlighting its rise from a fundraiser to a key player in India’s gig economy and startup ecosystem. TimbuckDo has tied up with IdeaBaaz Startup Fest as…
Taxpayers in India are experiencing slow refunds owing to mismatched figures, incorrect bank details, and verification delays, prompting calls for greater diligence in filing and record-keeping. Refunds under India’s income tax system can be slowed when the figures in a…
A comprehensive analysis highlights the deepening economic divide across Indian states since liberalisation, with southern states pulling ahead of northern counterparts like Uttar Pradesh and Bihar, raising questions over uneven development trajectories. A new analysis by the Economic Advisory Council…
India imported over half of its crude oil from Russia in July 2026, highlighting increasing dependency on discounted Russian barrels amid growing geopolitical and supply chain uncertainties, with potential risks of US sanctions and disrupted supply routes. Russia accounted for…
Rajasthan aims to expand its startup ecosystem beyond urban centres, backed by government initiatives and a new emphasis on rural and emerging technology sectors, as officials and ministers promote inclusive innovation at the Rajasthan Youth Conclave. At the Rajasthan Youth…
India and the United States remain engaged in ongoing negotiations over their bilateral trade agreement amid mounting tariffs and geopolitical strains, signalling a persistent focus on deepening economic ties despite recent challenges. India and the United States remain in close…
