Microsoft has inaugurated its fourth cloud data centre in Hyderabad, boosting local infrastructure for AI, high-performance computing, and regulated industry needs amid intensifying competition among hyperscale providers in India. Microsoft has brought its fourth cloud region in India online in…
Businesses considering a ₹15 lakh machinery purchase can now leverage GST input credits and depreciation benefits to reduce effective costs, with flexible financing options tailored for steady taxable sales. A ₹15 lakh machinery purchase can be easier to justify than…
PayU and Marg ERP have partnered to embed seamless digital payment solutions within India’s pharma and small business sectors, promising faster collections, improved cash flow visibility, and automated reconciliation through Marg Pay’s integrated platform. PayU and Marg ERP have formed…
Apple is set to introduce Apple Pay in India as early as October, initially supporting credit cards from Visa and Mastercard, but not UPI, raising questions about how quickly the service will expand and compete in the country’s bustling payments…
India’s Chief Economic Adviser V. Anantha Nageswaran calls for proactive regulation of artificial intelligence in the financial sector to prevent vulnerabilities amid rapid technological advancement. India should move early to put guardrails around artificial intelligence in finance rather than wait…
India’s insurance regulator has ordered insurers to submit comprehensive monthly data on premiums, claims, and investment income, aiding the development of a new index to track short-term changes in the services sector, including insurance, trade, and telecommunications. India’s insurance regulator…
PB Fintech’s Pensionbazaar division has launched an upgraded digital platform for corporate NPS, aiming to simplify pension administration for employers and align with regulatory shifts, as the company’s earnings momentum continues to build. PB Fintech is widening the scope of…
According to the International Financial Services Centres Authority’s AI Survey 2026, Indian financial firms are rapidly adopting AI to enhance operational efficiency and re-skill staff, with many viewing job transformation as a positive evolution rather than a threat. Artificial intelligence…
As Indian banks see a surge in digital transactions, leading lenders are reorienting staff towards sales, customer engagement, and cross-selling, marking a significant shift in banking operations and staff roles. Indian banks are quietly reshaping the role of their employees…
The Reserve Bank of India introduces new regulations requiring lenders to ensure fair recovery practices, restrict abusive behaviour, and enhance transparency from January 2027, marking a significant shift towards borrower-centric oversight. India’s central bank is tightening the rules around loan…
India’s payments network operator, NPCI, plans to extend its Unified Payments Interface (UPI) beyond borders, targeting up to 20 overseas markets in the next decade by integrating with global platforms and leveraging its large diaspora. India’s payments network operator is…
The Reserve Bank of India has unveiled a revised leverage ratio framework, closely aligned with Basel Committee standards, aiming to strengthen bank capital oversight without reducing existing minimum ratios, with new rules set to take effect in 2027. The Reserve…
