India’s GDP grew by 7.8% in the June quarter of FY27, surpassing estimates amid geopolitical tensions and regional uncertainties, with broad-based strength across manufacturing, services, and investment. India’s economy expanded 7.8% in the June quarter of FY27, underscoring resilient activity…
The Indian government is set to implement a controlled MDR on certain high-value UPI payments within the next two weeks, balancing increased funding needs with consumer welfare. India is moving closer to allowing merchant discount rates, or MDR, on a…
The Delhi bench of the Income Tax Appellate Tribunal has sharply reduced the unexplained cash addition for Jeewan Hospital and Nursing Home Pvt. Ltd., highlighting the evolving approach to demonetisation cases and the importance of business records. In a ruling…
Indian companies are increasingly issuing longer-dated bonds amid a surge in institutional demand, driven by liability matching and shrinking yield spreads, signalling a potential shift in borrowing patterns. Indian companies are moving further out on the maturity curve as insurers…
Innovative repayment tactics, such as extra annual EMIs and increasing instalments, can reduce a 30-year mortgage to just over 10 years, saving borrowers significant interest costs. For many middle-class families, buying a home starts with a long mortgage and the…
Indian Oil Corporation has increased LPG output by nearly 30% and exceeded normal refinery operations as tensions in the Strait of Hormuz threaten fuel supplies, demonstrating India’s efforts to mitigate supply disruptions amid geopolitical instability. Indian Oil Corporation said it…
Cashfree Payments has introduced Relay, a no-code AI agent designed to significantly reduce manual payment tasks for small and medium-sized businesses, marking a strategic move to diversify revenue streams and compete with rivals like Razorpay in the Indian fintech landscape.…
India has unveiled Semicon 2.0, a ₹1.27 lakh crore scheme aimed at creating a self-reliant and resilient semiconductor ecosystem, spanning from design to manufacturing, to reduce dependence on imports and foster strategic technology development. India has formally launched Semicon 2.0,…
The Central Board of Direct Taxes has formalised a new reporting route for search-linked block assessments through the introduction of Form ITR-BN, intensifying compliance demands for taxpayers involved in search and requisition cases from April 2026. India’s Central Board of…
State Bank of India to revise its Basic Savings Bank Deposit account rules from October 1, now counting ATM and Aadhaar-enabled transactions within the free withdrawal limit, potentially increasing charges for many customers. State Bank of India will change the…
