Reserve Bank of India Governor Sanjay Malhotra has reassured that no charges are imminent on UPI transactions, amid ongoing legislative discussions that could introduce merchant discount rates for payments above ₹2,000. Reserve Bank of India Governor Sanjay Malhotra has sought…
India’s luxury fashion industry is projected to expand significantly over the next decade, driven by rising household wealth, increased wedding spending, and entry of international brands, despite infrastructural challenges. India’s luxury fashion market is on track for steady expansion over…
India’s equity market is entering a more positive phase driven by softer oil prices, easing geopolitical tensions, increased foreign investment, and stronger-than-expected corporate earnings, signalling a possible upward trajectory amid macroeconomic stability. India’s equity market appears to be entering a…
Boeing India has announced the winners of its fifth BUILD programme, supporting seven teams with grants, mentorship, and incubation to foster innovation in aerospace and technology sectors in India. Boeing India has named seven start-ups and university teams as winners…
SoftBank-backed OfBusiness is exploring a possible return to India’s public markets, aiming to raise up to $800 million, as it prepares for a listing that could occur in the second half of 2025 amid renewed investor interest and strategic exits.…
The Reserve Bank of India has retained Tata Sons on its upper-layer non-banking finance company list for 2026-27, while clarifying that its de-registration application remains under review, as the central bank shifts to an asset size threshold for classification. The…
Mumbai ranks 15th globally for operational capacity and 11th for development pipeline, highlighting India’s rapid expansion into major Asia-Pacific data centre hubs amid increasing AI-driven demand and infrastructure needs. Mumbai has emerged as one of the world’s most active data…
Uttar Pradesh has announced a significant supplementary budget of ₹59,019.54 crore, marking a strategic move to accelerate infrastructure, industry, and digital initiatives aligned with its growth ambitions for 2026-27. Uttar Pradesh has widened its 2026-27 spending plan with a first…
A Deloitte study reveals India is rapidly advancing in AI adoption across consumer-facing industries and business operations, positioning itself as a global leader in the AI revolution with potential to reach a $1.9 trillion consumer economy by 2030. India has…
India has introduced a new export-focused inventory-based framework for foreign-owned e-commerce companies, aiming to broaden its export base while keeping domestic sales restrictions intact. The move is seen as a step to support smaller manufacturers and MSMEs in accessing global…
