Small and medium mobile phone retailers in India appeal to the finance ministry for exemptions from proposed UPI merchant discount rate, citing squeezed margins amid rising costs and softer demand. Mobile phone retailers in India are pressing the finance ministry…
India’s gold loan market is experiencing rapid growth, with households increasingly borrowing against gold for quick access to funds, driven by rising gold prices and shifting consumer preferences. Gold loans are gaining momentum in India as households increasingly choose to…
The Reserve Bank of India has introduced a comprehensive update to capital requirements for commercial banks, aligning more closely with Basel III standards and set to be implemented from April 2027, including new rules on trading book treatment, foreign exchange…
New Zealand’s Parliament has approved a landmark trade agreement with India, reducing tariffs on 95% of exports and committing to a $20 billion investment plan, signalling a significant shift in strategic economic ties. New Zealand’s Parliament has cleared the way…
The Reserve Bank of India has announced new capital requirements for banks’ market-risk positions, aligning with Basel III standards and setting the stage for a comprehensive overhaul of risk management practices by April 2027. India’s central bank has set out…
Policyholders must carefully read the fine print of term insurance policies, as claims can be delayed, reduced, or denied due to specific exclusions, undisclosed risks, or misrepresentations, impacting family benefits. Term insurance is often presented as a straightforward way to…
The diagnostics industry enters FY27 with steady demand and expanding volumes, as firms focus on technology and regional strength to sustain margins amid cautious pricing strategies, says Business Standard and brokerages. Diagnostics companies are heading into the rest of FY27…
Zorion introduces virtual USD card issuance to its platform, enabling users to spend online directly from their wallets without a separate card account, marking a shift towards more integrated digital financial services for online earners. Zorion, a digital wallet company,…
The World Bank has upgraded its projection for India’s economic growth to 6.6% in FY2026, citing strong domestic consumption, export resilience, and supportive trade agreements, despite external risks. The World Bank has lifted its forecast for India’s economic growth in…
Moneyview reports a remarkable 158.8% Year-on-Year profit increase ahead of its upcoming IPO, driven by strong revenue growth and expanding loan disbursals amid a buoyant retail finance sector. Moneyview has reported a sharp jump in quarterly earnings as it heads…
