India aims to become a developed economy by 2047 but faces significant obstacles, with growth rates needed to reach this goal untested in its history, amid structural constraints and comparisons with China’s economic journey. India’s ambition to become a developed…
Despite the rise of digital wallets and UPI, large cash deposits remain common in India. New reporting thresholds and stricter rules require taxpayers to maintain proper documentation to avoid scrutiny and penalties. Even in the age of UPI and digital…
As N Chandrasekaran’s potential third term as Tata Sons chairman continues to be debated, broader shifts in Indian corporate leadership highlight a move towards specialised, experienced benches amid succession planning scrutiny. The week’s biggest leadership story in Indian business did…
The Reserve Bank of India is reintroducing on-tap licensing for select urban co-operative banks, signalling a cautious push towards sector stabilisation and growth amidst a history of vulnerabilities and regulatory interventions. The Reserve Bank of India’s revival of on-tap licensing…
India has launched a limited-time tax disclosure scheme allowing small taxpayers to declare undisclosed overseas assets and income without facing penalties, in a bid to widen compliance and formalise offshore holdings. India has opened a one-off tax amnesty for smaller…
Economists highlight that India’s economic progress depends on tackling existing barriers like land acquisition and administrative reforms, shifting focus from large policy overhauls to targeted improvements following Prime Minister Modi’s ‘Sapta Dhara’ initiative. Economists say India’s next phase of reform…
While Bengaluru’s advanced projects and private investments underscore its continued leadership in India’s tech scene, Kolkata seeks to leverage its historical strengths and diverse sectors to develop a unique innovation model amid increasing competition. Kolkata’s case for a technology-led revival…
India’s online retail sector witnessed a remarkable 31% rise in order volumes and a 30% increase in gross merchandise value during this year’s Independence Day sales, driven by surge in fast-moving consumer goods and festive demand. India’s online shopping market…
India is evolving its development approach by emphasising district-level data and city economic regions, aiming for more customised growth strategies and better regional outcomes ahead of Viksit Bharat 2047. India’s Independence Day is usually a moment for reflection, but this…
India has published draft rules under the SHANTI Act, proposing a unified licence for nuclear plants, stricter financial safeguards, and a path for imported reactor designs, marking a significant shift in its nuclear sector governance. India has moved to put…
Punjab & Sind Bank is set to raise capital through a qualified institutional placement as it aims to reduce government ownership and expand its international footprint with a new IFSC banking unit at GIFT City, UNFOLDING strategic shifts in its…
Despite increased domestic production and technological advances, India remains heavily reliant on imports of edible oil, exposing vulnerabilities in its agri-food system and raising concerns over economic stability and food security. India’s edible oil dependence is not a story of…
