ICICI Direct now displays the live Indicative Equilibrium Price across its trading platforms, offering investors transparency during the new auction-driven closing process, aligning with India’s regulatory shift towards improved price discovery and market integrity. ICICI Direct has begun showing the…
Speculation circulates online about a potential $1.9 billion stake acquisition by Bank of America in a Jio Financial Services subsidiary, amid rising foreign investment in India’s financial sector, but no official confirmation has been made. Bank of America is being…
India has implemented a sweeping ban on online betting, targeting the rapidly expanding sector amid concerns over debt, addiction, and money laundering, with officials warning of underground risks and industry resistance. India has moved to outlaw online betting, a sweeping…
Indian banks are transitioning from testing to deploying generative artificial intelligence at scale, aiming to revolutionise credit, productivity, and risk systems amid rising cybersecurity concerns. Indian banks are moving from test projects to broader deployment of generative artificial intelligence, according…
As digital wallets become the norm for everyday spending, experts highlight their enhanced security features while warning of vulnerabilities, emphasising good digital hygiene remains essential. Digital wallets have become more than a convenience feature; for many users, they now function…
While debt consolidation offers a potential escape for households overwhelmed by credit card balances, the reality is complex, with significant differences between loan options and potential pitfalls that could worsen financial standing. For households weighed down by credit card balances,…
India’s new Employees’ Provident Funds Scheme 2026 introduces clearer withdrawal categories, voluntary higher contributions, and extended eligibility, signalling a shift towards more flexible retirement savings management. India’s retirement savings rules have been recast under the Employees’ Provident Funds Scheme, 2026,…
India’s DGFT has eliminated the need for physical duty payment challans for Export Obligation Discharge Certificates, streamlining export compliance through a new electronic system aimed at faster processing and reduced paperwork. India’s Directorate General of Foreign Trade has dropped the…
The Reserve Bank of India has outlined plans for a comprehensive overhaul of how lenders determine and reset interest rates, aiming for greater consistency and transparency across banks and financial institutions. The Reserve Bank of India has proposed a sweeping…
The International Financial Services Centres Authority is seeking government approval to expand GIFT City’s role by including commodity trading as a recognised financial activity, potentially making India a key player in global markets. The International Financial Services Centres Authority is…
