With mortgage rates nearing 7% amid inflation and geopolitical tensions, prospective homebuyers are adopting ‘rate-proofing’ strategies to navigate unpredictable borrowing costs and safeguard their purchasing power in the evolving autumn market. Homebuyers heading into the autumn market are confronting a…
Indian digital payments giant PhonePe has obtained in-principle approval from the UAE Central Bank to operate in the Gulf state, marking its first step towards international expansion amid the UAE’s push for a cashless economy. PhonePe has won in-principle approval…
India’s telecom regulator has mandated the availability of more affordable voice call and text message plans, aiming to provide greater choice for consumers who do not need data, amidst industry concerns over limited options. India’s telecom regulator has moved to…
Regional efforts to link domestic instant payment networks are accelerating, with projects like BIS’s Project Nexus and India’s UPI exploring broader international integration and access to global merchant networks. Asia-Pacific’s instant payment networks are increasingly being designed for more than…
A recent ruling by Andhra Pradesh’s consumer commission has set a precedent by requiring insurers to demonstrate material falsehoods before denying claims, emphasising the need for stronger proof in insurance disputes. A consumer commission in Andhra Pradesh has ordered an…
Cryptocurrency pricing in India is shaped by currency exchange fluctuations, trading conditions, and tax regulations, making the actual value more complex than global charts suggest. Cryptocurrency prices in India are rarely as straightforward as the figures on a global chart…
As retirement approaches, Indian savers are turning to government-backed options like SCSS, PPF, and NPS to secure steady income, with recent updates making these schemes more adaptable to diverse needs. Retirement can bring freedom, but it also removes the monthly…
The National Payments Corporation of India has reassured small merchants that new GST on merchant discount rates for high-value UPI transactions will not affect payments below Rs 2,000, aiming to minimise impact on small shops amidst upcoming regulatory changes. The…
India’s micro, small and medium enterprise credit market is increasingly centred around major industrial and trading centres, with private banks leading the growth as firms pursue both long-term and day-to-day financing. The sector’s outstanding loans have reached Rs 47.4 lakh…
Kotak Institutional Equities raises concerns over the reliability of the Nifty Midcap 150 as a long-term benchmark, citing its mechanical construction and sector-skewed performance, which could impact investor decisions and comparative analysis. Kotak Institutional Equities has argued that mid-cap benchmarks…
