India’s Unified Payments Interface (UPI) set a new record in August with 24.51 billion transactions, driven by increasing adoption of digital transfers and evolving payment habits across the country. India’s Unified Payments Interface set another record in August, underscoring how…
Rising temperatures in India are increasingly damaging the economy, affecting sectors reliant on outdoor labour and escalating demand on energy systems, with vulnerable communities bearing the brunt of the heat crisis. Extreme heat is no longer just a seasonal nuisance…
The Income Tax Department has opened Form 1 on its e-filing portal for the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026, providing eligible taxpayers a narrow timeframe to regularise undisclosed overseas holdings and income online, with strict criteria and…
ICICI Bank stands out among India’s large-cap lenders this year, outperforming rivals through steady earnings, aggressive branch expansion, and rising deposit and loan growth, supported by positive analyst outlooks and improving asset quality. ICICI Bank has been one of the…
Innoviti Technologies has launched an AI-driven backup system for UPI transactions, reducing failure rates at point of sale and helping retailers avoid higher-cost card payments, with potential savings exceeding Rs.2 crore annually. Innoviti Technologies has launched an artificial intelligence-based backup…
Buyers enticed by zero-cost EMI options for expensive smartphones need to scrutinise hidden charges, taxes, and discounts, as these can make the instalment route pricier than paying upfront. A new smartphone that costs Rs 60,000 can make a zero-cost EMI…
Non-resident foreign currency inflows are expected to reduce Indian banks’ net interest margins yet could enhance overall earnings through increased lending, as robust credit growth continues across sectors amid rising deposits, according to IIFL Capital. Foreign Currency Non-Resident inflows are…
As health risks increase after 60, Indian seniors must navigate rising premiums, complex policy features, and regulatory guidelines to protect their savings and access vital medical care. For older adults, health cover is less about peace of mind than preserving…
India is set to unveil a new framework for artificial intelligence agents to facilitate frictionless low-value digital transactions on its dominant UPI platform, potentially positioning the country as a leader in agentic commerce. India is preparing a framework that would…
The Jaipur bench rules that procedural lapses in submitting Form 26A manually do not bar relief if the underlying tax has been paid, emphasizing substance over form in tax compliance. The Jaipur bench of the Income Tax Appellate Tribunal has…
