The Indian rupee closed at 95.68 against the US dollar, hindered by elevated crude prices, geopolitical tensions in West Asia, and global risk sentiment, with experts warning of continued near-term pressures. The Indian rupee weakened on Tuesday, ending at 95.68…
The Reserve Bank of India is increasingly unable to forecast currency note demand as digital payment adoption accelerates, with cash still expanding as a store of value while usage for daily transactions declines, indicating a complex shift in payment habits.…
The Indian government urges domestic LPG consumers to complete biometric verification through Aadhaar to ensure subsidy transparency and curb fraud, amidst rising scam concerns and a tight deadline. Domestic LPG consumers in India have been told to complete Aadhaar-based e-KYC…
The Noida police are probing three new cases where residents lost nearly 25 lakh rupees to fake investment groups on WhatsApp and Telegram, highlighting a persistent rise in digital financial scams across the region. Noida police have opened investigations into…
India’s weakening rupee is threatening to erode the value of incentives under the India Semiconductor Mission, as the fall in currency increases machinery costs for large investments, posing challenges for the country’s chipmaking ambitions. India’s weakening currency is threatening to…
Godrej Industries is venturing into private credit through a Rs 2,000 crore alternate investment fund, marking a strategic move to diversify into financial services amid family-led growth ambitions and rising demand for structured lending in India. Godrej Industries Group has…
Trade talks between India and the US are progressing towards a potentially far-reaching accord, with officials signalling near completion of a historic deal expected to boost sectors such as pharmaceuticals, aircraft, and digital commerce. India-US trade talks are moving towards…
India’s road transport ministry proposes a five-year extension for the operational life of electric, hydrogen and CNG vehicles, aiming to boost resale values, cut emissions, and streamline regulations amid broader efforts to foster cleaner, digitalised mobility. India’s road transport ministry…
With wholesale sugar prices reaching record levels in India, officials are exploring a series of measures, including duty-free imports and tighter stock limits, to bolster supply and stabilise the market before peak festival demand. India is weighing a fresh set…
New GST regulations and rate adjustments are transforming compliance requirements for Indian moving companies, influencing registration procedures, tax rates, and invoicing practices amid evolving categorisation rules. Packers and movers in India face GST obligations once they cross the thresholds laid…
