A significant reduction in Russian crude imports could substantially boost India’s oil bill and inflation, experts warn as geopolitical and trade tensions escalate. India could face a materially higher oil import bill if purchases of Russian crude are cut sharply,…
The Vizhinjam International Seaport prepares to commence its export-import operations, signalling a significant evolution from transshipment hub to a major freight gateway, with potential to reshape regional logistics and trade in southern India. Vizhinjam International Seaport will begin export-import operations…
India’s central bank may hold fire on rate changes as sluggish growth, inflation risks, and geopolitical uncertainties prompt a cautious economic outlook, suggests Crisil’s latest forecast. India’s central bank may keep room open for rate changes at its next policy…
The Comptroller and Auditor General’s report uncovers widespread GST rule violations in the works contract and construction industry, highlighting significant revenue losses and systemic weaknesses in scrutiny and enforcement. The Comptroller and Auditor General has found 1,334 cases of GST…
The Reserve Bank of India has imposed a Rs59.20 lakh fine on IndusInd Bank for breaches related to deposit interest rates and securitisation, part of a broader enforcement drive targeting several financial institutions for regulatory lapses. The Reserve Bank of…
India’s markets regulator, Sebi, has unveiled a plan to streamline the onboarding process for individual overseas investors, introducing digital verification methods to cut paperwork and attract more foreign capital. India’s markets regulator has proposed letting individual overseas investors complete regulatory…
Enhanced SIP calculators now allow for realistic scenario testing, including step-up contributions, aiding investors in strategic long-term financial planning amid market uncertainties. A systematic investment plan, or SIP, lets investors put a fixed sum into a mutual fund at regular…
After a dramatic valuation reset, the fintech sector is now channeling investments into AI infrastructure and payment systems, signalling a fundamental shift from consumer-facing innovations to backend financial gateways. Fintech’s investment story has changed sharply over the past four years.…
A new study uncovers how India’s young salaried population prioritises recurring expenses like bills and groceries over spontaneous lifestyle spending, driven by widespread UPI adoption. Gen Z’s online image may suggest a generation splashing out on cafés, travel and impulse…
Newtap Finance secures an ‘A’ rating from Crisil amidst expansion, marking a strategic milestone that could lower borrowing costs and attract more investors in India’s dynamic non-banking financial sector. Newtap Finance has been upgraded to an “A” rating by Crisil…
