Non-banking financial companies in India continue their rapid growth in gold-backed lending with outstanding loans reaching Rs 3.41 lakh crore in June, driven by increased demand amidst tighter RBI oversight. Non-banking financial companies in India extended their rapid push into…
Delhivery has announced a top-level reshuffle, promoting Vani Venkatesh to deputy CEO and preparing for the departure of CO Ajith Pai, as the company navigates declining quarterly profits amidst wider organisational reforms. Delhivery has reshuffled its top ranks, naming Chief…
Odisha Chief Minister Mohan Charan Majhi concluded a high-profile two-day outreach in Delhi-NCR, securing proposals worth ₹66,392 crore aimed at boosting manufacturing and creating over 54,000 jobs, with a strategic focus on electronics and allied industries. Odisha Chief Minister Mohan…
The Reserve Bank of India has unveiled draft amendments aiming to restrict non-banking financial companies to offering only term loans, potentially revolutionising retail credit products and tightening supervision. The Reserve Bank of India has proposed a sharp tightening of the…
India’s latest trade pacts aim to expand overseas markets for Arunachal Pradesh’s farmers, manufacturers, and metal producers, with a focus on lowering tariffs and strengthening export infrastructure, says Union Commerce Minister Piyush Goyal. India’s latest trade agreements will help open…
A new white paper predicts India’s medical device market could grow from approximately $14-16 billion today to a staggering $250 billion by 2047, emphasising the importance of maintenance and lifecycle support for sustainable growth. India’s medical device industry could become…
The 7th ACFI World Conclave in New Delhi will see industry leaders and policymakers discuss how innovation, sustainability, and trade policies are transforming India’s role in the global air cargo sector amid ongoing supply chain disruptions. India’s air cargo industry…
The Directorate General of Foreign Trade enhances the ‘Source from India’ service on the Trade Connect platform, allowing DPIIT-recognised startups to showcase products internationally and facilitate overseas trade. The Directorate General of Foreign Trade has widened access to its “Source…
India’s commerce ministry transfers responsibility for the export credit interest subvention scheme from the Reserve Bank of India to the Export-Import Bank of India, aiming to enhance efficiency in supporting exporters amid operational reforms. India’s commerce ministry has shifted responsibility…
India is exploring a rupee-linked stablecoin to bolster digital transactions and cross-border remittances, despite scepticism from regulators and warnings from the IMF about potential risks of dollarisation and financial fragmentation. India’s debate over a rupee-linked stablecoin is sharpening as policymakers…
India has experienced a rapid and comprehensive infrastructure expansion since 2014, encompassing transport, energy, healthcare, and digital sectors, positioning the country for significant economic transformation. India’s post-2014 infrastructure story is one of rapid scale-up across transport, energy, health care and…
Bain Capital is in advanced negotiations to acquire up to a 25% stake in IndusInd General Insurance, marking its first direct investment in India’s growing general insurance sector amid industry expansion and operational restructuring. Bain Capital is in advanced talks…
