Bank of America Securities forecasts foreign currency deposits under India’s FCNR(B) scheme will exceed $80 billion, driven by faster inflows following the RBI’s early closing of its swap window and supportive policy measures to bolster the country’s balance of payments.…
A new survey reveals how India’s workforce is diversifying geographically with rapid growth in tier-2 and tier-3 cities, while technological skills, particularly in AI, are reshaping job markets and employer strategies. India’s job market is spreading well beyond its long-established…
The Reserve Bank of India actively stepped into the forex market on Monday to prevent a sharp decline in the rupee amid persistent external pressures, including rising oil prices and geopolitical tensions in West Asia, signalling a cautious approach to…
Indian bonds are expected to open weaker after the Reserve Bank of India shortened the window for diaspora deposit swaps, with rising oil prices adding to market uncertainty and potential inflationary pressures. Indian government bonds are likely to open weaker…
A NITI Aayog report highlights the potential for India’s telecom and network equipment industry to significantly boost economic growth and exports by 2035, contingent on faster policy support and reducing dependence on Chinese imports. India’s telecom and network equipment sector…
A dispute between India’s health insurers and hospital groups over admission guidelines and cashless facilities risks disrupting patient care, amid fears of overreach and claims rejections, as industry tensions intensify. India’s health insurers and hospital groups are once again clashing…
Despite the celebration of Nag Panchami on August 17, most bank branches across India will stay open, with regional holidays affecting select states. The upcoming week features minimal closures, primarily on August 19 in Tripura and the weekends, according to…
Indian semiconductor startups have seen a significant rise in early-stage funding, but the industry still faces a funding gap to support mass production and global competition, prompting government plans for long-term financing frameworks. India’s semiconductor startups are drawing more investor…
State-owned telecom operator Bharat Sanchar Nigam Ltd expands its indigenous 4G network into rural India amid mounting financial losses, highlighting the challenging balance between public service and commercial sustainability. Bharat Sanchar Nigam Ltd is pressing ahead with a wider rural…
India’s push towards cashless transactions slows as cash in circulation rises sharply, prompting policy reconsideration of transaction fees on UPI payments amid a shifting financial landscape. India’s move towards digital payments is entering a more complicated phase. Unified Payments Interface,…
