India’s Unified Payments Interface offers seamless transactions but conceals a layered identity infrastructure controlled by NPCI and payment service providers, raising concerns over fragility and security risks when providers exit or handles are abandoned. India’s Unified Payments Interface has made…
The Income Tax Appellate Tribunal in Delhi has provided fresh clarity on claiming capital gains relief under Section 54, ruling that construction can commence before the sale of the old property if within legal time limits, easing confusion for taxpayers.…
Changes to India’s Reserve Bank of India’s gold loan framework introduce tiered loan-to-value ratios, offering smaller borrowers increased access to liquidity while emphasising conservative valuation practices amid market volatility. For many Indian households, gold remains a quick source of emergency…
The Indian government has approved four rail multi-tracking projects on the east coast, aiming to enhance freight capacity, reduce congestion, and connect thousands of villages by 2030, as part of the PM Gati Shakti initiative. India’s Cabinet Committee on Economic…
India’s securities regulator has prevented a Mauritius-based JPMorgan Chase subsidiary from trading following allegations of using the country’s newly implemented closing auction to manipulate prices and profit from derivatives, amid wider concerns about market stability and enforcement. India’s markets regulator…
India is moving beyond pharmaceuticals to become a global hub for medical technology, with government incentives and rising exports signalling a new phase of self-reliance in medical devices and digital health systems. India’s effort to broaden its healthcare self-reliance is…
Despite improved investor awareness, unclaimed mutual fund dividends and redemption proceeds in India continue to rise, highlighting ongoing record-keeping challenges and the importance of proactive record management. Unclaimed money in mutual funds in India has continued to rise, even as…
India’s banking sector is integrating AI primarily to optimise routine tasks, with a focus on augmenting staff roles, as regulations and economic factors influence its adoption pace and impact on employment. Artificial intelligence is entering Indian banking more as a…
Nikhil Kamath and Sreeram Reddy Vanga have committed a combined ₹250 crore to CtrlS, signalling a heightened investor focus on India’s hyperscale data centre expansion amid surging demand driven by AI and cloud computing. Nikhil Kamath, the co-founder of Zerodha,…
India’s market regulator, SEBI, is unveiling a series of trading reforms designed to attract more overseas investors and reverse a 17-year low in foreign shareholding, amid a backdrop of currency weakness and capital outflows. India’s markets regulator is preparing a…
