India’s Payments Council has confirmed that consumers and small merchants will continue to use the UPI system without transaction fees, despite recent legislative changes that could allow future MDR charges, amid ongoing policy discussions. India’s Payments Council has moved to…
India’s retirement fund authority has introduced significant updates to the Employees’ Provident Fund scheme, streamlining withdrawal rules, enhancing transparency, and digitising nominations to benefit subscribers amidst ongoing financial reforms. India’s retirement fund body has overhauled the Employees’ Provident Fund framework…
India’s pension regulator, PFRDA, is scaling up efforts to make the National Pension System a mainstream household product through digital onboarding and wider distribution, targeting a leap from 90 lakh to 40 crore subscribers in five years. India’s pension regulator…
India’s markets regulator SEBI is leveraging advanced AI tools to monitor social media for false investment claims, targeting finfluencers and unauthorised trading apps amid rising investor influence and market risks. India’s markets watchdog said it is turning to artificial intelligence…
India’s pension regulator anticipates the National Pension System’s assets will surge to around Rs 40 lakh crore in four years, driven by increased private-sector sign-ups and new digital channels, with banks playing a key role in expansion. India’s pension regulator…
Despite debates over potential charges, India’s Unified Payments Interface continues to offer free transactions for consumers and small merchants, amid ongoing discussions about funding the platform’s long-term sustainability. Amid renewed speculation about whether India’s Unified Payments Interface could become chargeable,…
As household debt hits record levels, experts emphasise the importance of disciplined spending, timely repayments, and emergency savings to secure long-term financial stability in a changing economic landscape. Many people think financial security comes down to earning more, but small…
India’s Parliament has passed a comprehensive bill to attract and retain foreign capital, offering extended tax incentives, easing compliance, and targeting key sectors like electronics, diamonds, and infrastructure to foster manufacturing and economic growth. India’s Parliament has moved to widen…
The Reserve Bank of India maintained its benchmark rate at 5.25% despite rising inflation and global oil price pressures, signalling a cautious approach as domestic demand remains resilient amid ongoing geopolitical tensions. India’s central bank left interest rates unchanged on…
The Reserve Bank of India has outlined new draft rules aiming to curb revolving credit for non-banking financial companies, seeking to enhance supervision, protect borrowers, and align with bank regulation standards amid broader sector tightening measures. The Reserve Bank of…
