Credlix, the trade-financing arm of Moglix, plans to amplify its export finance to over US$10bn within five years by strengthening cross-border trade with Mexico, supporting India’s small and medium-sized exporters amidst growing global demand. Credlix, the trade-financing arm of Moglix,…
While small finance banks still dominate the top senior citizen fixed deposit rates in India, recent adjustments reveal a changing landscape that retirees must navigate carefully regarding rates, liquidity, and safety. The most eye-catching senior-citizen fixed-deposit rates in India are…
The Bombay High Court has mandated the State Bank of India to pay Rs 5,000 daily from December 2023 until it reconstructs lost property title papers for a Mumbai firm, highlighting the enforcement of recent RBI rules on document retention…
China has revised the death toll from the Gyirong Port flood to 31, while critics highlight the ongoing opacity and limited access for international observers in the aftermath of the devastating landslide at Tibet’s border with Nepal. China has lifted…
India’s central bank is navigating unprecedented foreign-currency inflows, prompting longer-dated liquidity operations and raising concerns over market stability and policy effectiveness. The Reserve Bank of India is already being pushed into longer-dated liquidity operations after a record wave of foreign-currency…
Meta has introduced bill payments on WhatsApp in India, transforming the app into a comprehensive platform for routine household transactions, challenging established digital payment giants in the country’s sizeable market. Meta has begun rolling out bill payments on WhatsApp in…
India’s latest GDP figures face scrutiny amid claims of data manipulation and methodological shifts, with the government defending the integrity of the numbers amidst political and economic debates. Since India published its first-quarter GDP figures for 2026-27 on 31 August,…
As changes to withdrawal rules and tax benefits reshape the landscape, Indian investors must reconsider the traditional choices between NPS Tier I and Tier II accounts in 2026. For Indian savers trying to decide between NPS Tier I and Tier…
India’s income-tax administration is broadening the scope of the Annual Information Statement (AIS), incorporating overseas investments, GST returns, and off-market securities transfers to strengthen tax transparency and cross-matching capabilities, signalling a more integrated compliance framework. India’s income-tax administration is turning…
Sterlite Technologies experiences a surge in market confidence following a significant Rs 3,000 crore capacity expansion plan and bullish revenue forecasts driven by booming AI and data centre demand, positioning itself as a key player in AI infrastructure growth by…
