India’s coal consumption is projected to increase to 1.6 billion tonnes by 2030, as the government considers establishing a domestic coal trading exchange to bolster transparency and energy security amidst ongoing renewable energy expansion. India’s coal demand is expected to…
Despite significant shifts towards services and market liberalisation since 1991, India’s industrial sector remains stagnant, posing challenges for sustainable job creation and high-income ambitions by 2047. India’s economic landscape has been reshaped far more by the 1991 liberalisation drive than…
Despite digitalisation and expanding branches, India’s ATMs are underutilising non-cash features and grappling with economic and logistical issues, prompting calls for better user education and operational reforms. ATMs in India were once sold as a way to reduce pressure on…
The Gujarat High Court has declared that goods and services tax cannot be levied on corporate guarantees issued prior to October 26, 2023, providing relief to affected companies and sparking potential wider legal implications. The Gujarat High Court has ruled…
The Reserve Bank of India proposes a series of reforms to standardise loan pricing, enforce quicker rate adjustments, and improve transparency for borrowers, aiming for implementation from April 2027. The Reserve Bank of India is moving towards a more standardised…
With a vast ATM network remaining underutilised for services beyond cash withdrawals, Indian banks aim to transform their use cases amid shifting customer behaviour and rising digital payments. India’s banks are trying to squeeze more value from a network of…
India’s Insurance Regulatory and Development Authority (IRDAI) has introduced a centralised digital system to simplify and monitor insurance grievances, requiring policyholders to initially approach insurers before escalating issues, with enhanced transparency and tracking features. India’s Finance Ministry has reminded insurance…
Svatantra Microfin, led by Ananya Birla, files for a ₹3,000 crore IPO as it accelerates growth through geographic diversification, business restructuring, and expansion into secured lending sectors, aiming to strengthen its capital base and deepen its national reach. Svatantra Microfin,…
Morgan Stanley’s latest analysis highlights significant growth opportunities in India’s internet sector, with food delivery, e-commerce, and logistics set to benefit from rising digital adoption and economies of scale, as market shares surge and new models emerge. Morgan Stanley says…
As US 10-year Treasury yields soar to levels unseen since before the global financial crisis, Asian markets brace for spillover effects, including currency weakness and capital outflows, triggering fresh concerns about regional financial stability amidst a broader global bond sell-off.…
