The Reserve Bank of India has announced a comprehensive overhaul of its capital framework for commercial banks’ derivative trading, incorporating Basel III standards with phased implementation from April 2027. The Reserve Bank of India has moved to overhaul how commercial…
The Reserve Bank of India has introduced a short-term measure allowing commercial banks to exclude certain foreign currency-backed advances from their credit calculations, easing compliance amid rising overseas fund mobilisation efforts. The Reserve Bank of India has given commercial banks…
A new white paper by FICCI and DUA Consulting highlights that India’s medical device industry could reach $250 billion by 2047, emphasising the importance of robust servicing, maintenance, and lifecycle management to sustain the growth and ensure equipment reliability. India’s…
After four months of selling, foreign investors in July renewed their interest in Indian stocks, favouring sectors linked to domestic demand such as consumer durables, healthcare, and Information Technology, driven by improving economic outlook and valuations. Foreign portfolio investors stepped…
India’s foreign exchange reserves jumped by $10.5 billion to $692.87 billion in a week, marking the biggest weekly increase since January, driven by currency asset strength and gold revaluation amid global dollar weakness. India’s foreign exchange reserves climbed by $10.51…
The Indian financial sector experienced a significant week of senior-level movements, with multiple high-profile appointments across regulators, exchanges, and financial institutions, signalling a rapid shift in leadership across the industry. India’s financial services sector saw another week of senior-level movement,…
India’s direct-to-consumer market is shifting beyond website-first models to embrace omnichannel retail, as the first D2CX Runway accelerator showcases the growth and maturation of early-stage consumer brands amid rising competition and investor interest. Inc42 and Rukam Capital have brought together…
The Indian government has announced the widespread expansion of primary care centres, free medicines, diagnostic services, and health insurance to reduce the financial burden on patients, covering over 12 crore vulnerable families and senior citizens across the country. The Union…
India’s ₹1 lakh crore RDI fund, launched to boost high-tech industries, is under investigation for potential conflicts of interest after revealing that a significant portion of initial funding recipients have links to decision-makers, raising questions about the integrity of the…
India’s government has accelerated its drive to sell stakes in state-owned companies, raising over ₹620 billion this year to bolster revenue and address growing fiscal pressures, despite challenging market conditions. India’s drive to sell down stakes in state-owned companies has…
The Indian government is mulling a comprehensive revision of its decade-old model bilateral investment treaty, aiming to create a more balanced and investor-friendly framework amidst increasing foreign investment and evolving economic priorities. India is close to overhauling its decade-old model…
India’s markets regulator has approved the public listings of Rediff and PlaySimple, signalling renewed momentum in the country’s bustling IPO landscape as sector diversification accelerates. India’s markets regulator has cleared the way for the public listings of Rediff and PlaySimple,…
