ICICI Prudential Life Insurance is set to change its name and branding as it redefines its relationship with Prudential, following a strategic deal and Prudential’s planned acquisition of Bharti Life Insurance. ICICI Prudential Life Insurance has signed a transitional deal…
The number of Indians studying abroad has fallen for a second year as Indian institutions like IIT Madras and IIM Ahmedabad establish campuses in Zanzibar, Abu Dhabi, and Dubai, signifying a shift towards global expansion. The number of Indians heading…
Indian Railways plans to significantly expand private participation through 54 PPP projects worth ₹1.8 lakh crore, signalling a major shift towards core infrastructure development and broader commercial roles for the private sector. Indian Railways is preparing to widen private participation…
India’s pension regulator has launched a new, flexible retirement savings route for gig and platform workers, allowing contributions as low as ₹99 to the National Pension System, aiming to expand social security for the informal economy. India’s pension regulator has…
The Indian government is trialling a CBDC-based subsidy transfer for PMGKAY beneficiaries in Chandigarh and Dadra & Nagar Haveli, aiming to enhance transparency and financial inclusion in welfare programmes. The Centre is preparing to roll out a digital rupee-linked subsidy…
The Karnataka High Court has ruled that police can freeze bank accounts under Section 106 of the BNSS without court approval, potentially accelerating investigations into digital financial crimes, amid ongoing judicial scrutiny of account freeze procedures. The Karnataka High Court…
Scammers mimic SumUp alerts to trick merchants into revealing login and financial details, leveraging urgency and vague messaging to bypass security advice and steal sensitive information. Small businesses are being warned about a phishing campaign that imitates SumUp and pushes…
Cybercriminals are increasingly using personalised, convincingly timed invoice email scams to steal credentials and divert payments, prompting urgent alert and proactive security measures. A phishing campaign posing as an invoice query is exploiting a familiar business headache: the claim that…
Indian investors of fund-of-funds exposed to US assets face significant tax changes following the April 2023 shift in debt fund regulations, requiring careful tracking of purchase dates and lot-specific rules. Indian investors weighing fund-of-funds that buy US assets and overseas…
Natarajan Chandrasekaran’s departure as Tata Sons chairman amid internal governance tensions raises concerns over the group’s ambitious $120 billion reinvestment plan and future strategic directions. Natarajan Chandrasekaran’s decision to leave the top job at Tata Sons in February has unsettled…
