Many Indian immigrants in the US are rapidly purchasing homes using long-term fixed-rate mortgages, motivated by financial pragmatism and cultural values, despite rising mortgage rates and high regional prices. Many Indians who move to the United States end up buying…
Despite a series of holidays around the Onam festival, banks in Kerala are set to stay open from August 25 to 28, with digital banking services likely unaffected, though branch operations may face delays. Banks in Kerala will not be…
The global 5G services market is shifting from early adoption to a mature phase, with enterprise applications driving substantial growth, making 5G a fundamental element of industrial and digital transformation. The global 5G services market is moving from early adoption…
The Institute of Chartered Accountants in England and Wales criticises the government’s proposal to mandate VAT and PAYE payments via direct debit, citing potential cash flow issues and operational challenges. The Institute of Chartered Accountants in England and Wales has…
India advances its electronics sector growth, approving 31 new projects worth ₹7,877 crore, as the government intensifies efforts to build a self-reliant supply chain and boost domestic production capabilites. India has approved 31 more proposals under its Electronics Component Manufacturing…
India’s labour market improved in July as more people entered the workforce and unemployment decreased, signalling a resilient economic recovery amid rural and female employment growth. India’s labour market improved in July as more people entered the workforce and the…
India’s unemployment rate decreased to 5.1% in July 2026, marking an improvement driven largely by rural employment growth and increased female workforce participation, according to the latest government survey. India’s unemployment rate eased to 5.1% in July 2026 from 5.5%…
India has introduced a 15-year tax exemption for overseas rough diamond sellers in a move to strengthen its bid to become a global diamond trading centre, potentially transforming the international rough diamond market. India has moved to lock in a…
India’s Income Tax Department has introduced a time-limited scheme enabling small taxpayers to regularise unreported foreign assets and income, aiming to boost compliance and reduce disputes before stricter enforcement begins. India’s Income Tax Department has opened a time-limited route for…
Recent reports suggesting a downturn in UPI usage are unfounded; official data shows continued expansion despite legal clarifications and slower growth rates, with cash usage also rising alongside digital transactions. The Wire has drawn criticism for suggesting that Indians are…
