Resilient Asset Management BV, controlled by Paytm founder Vijay Shekhar Sharma, has proposed selling up to 4.98% of its stake in Paytm’s parent company, in a move that further unwinds previous structures tied to Chinese investment and reflects ongoing strategic…
BRICS countries are considering integrating their instant payment platforms and central bank digital currencies ahead of the 2026 summit, aiming to streamline cross-border transactions and reduce reliance on traditional payment rails. BRICS countries are exploring ways to link their instant…
Axis Bank has increased interest rates on foreign currency non-resident bank deposits exceeding $1 million to 6.40%, making it the top offering among large Indian private lenders following the RBI’s recent policy change. The move signals a competitive response as…
India’s NSE and BSE have launched new three-working-day securities lending and borrowing contracts aiming to boost liquidity, deepen market participation, and support the reformed closing auction mechanism amid evolving market dynamics. India’s stock exchanges have begun offering three-working-day securities lending…
The US alleges India is aiding Chinese exporters to evade tariffs, but evidence remains thin amid ongoing trade diplomacy and shifting supply chains. The Trump administration’s latest allegation that India is being used to reroute Chinese goods into the US…
UltraTech Cement’s chairman Kumar Mangalam Birla warns that escalating energy expenses could dampen India’s economic growth outlook in FY27, despite robust demand and ongoing expansion, amid geopolitical risk and inflation pressures. UltraTech Cement chairman Kumar Mangalam Birla has warned that…
NITI Aayog proposes comprehensive reforms to streamline licensing, recognition, and mobility across professions, aiming to enhance India’s role in global trade and improve job quality amid rising demand for specialised skills. NITI Aayog has proposed a wide-ranging overhaul of India’s…
Finance Minister Nirmala Sitharaman emphasises the need for India’s universities to better integrate practical skills and market demands to boost employment and entrepreneurship, amid ongoing government initiatives and reforms. India’s higher education system should do more than award degrees if…
India’s Supreme Court has warned airlines over rising airfares and non-compliance, urging the government to expedite new regulations aimed at protecting passengers during peak travel periods. The Supreme Court of India has taken a firm line on soaring airfares, warning…
Indian exporters and service firms must navigate complex foreign exchange rules, accurate purpose coding, and meticulous documentation to ensure their payments from Saudi clients land correctly and swiftly, avoiding delays and compliance issues. For Indian exporters and service firms, getting…
