The Indian government’s latest legislation risks reshaping the country’s digital economy by potentially reintroducing fees on UPI transactions and increasing foreign access, amidst accusations from Congress of capitulating to US trade pressures. Congress on Thursday accused the Modi government of…
A recent viral claim that artificial intelligence helped a taxpayer file their income tax return before receiving a notice has reignited concerns over the reliance on AI tools during the filing process, highlighting potential pitfalls amid increasing automation. A viral…
India’s recent trade agreements, including with the EU, promise vast export opportunities but highlight challenges like port delays and compliance hurdles that could determine the real success of these deals. India has spent years pursuing preferential access to some of…
Sanjay Malhotra emphasizes that consumers bear indirect costs of UPI transactions despite no current plans for merchant fees, as discussions about funding and infrastructure upgrades continue amidst policy tensions. Reserve Bank of India Governor Sanjay Malhotra said consumers already shoulder…
The Indian government is exploring measures such as buffer stock releases and support price hikes to mitigate rising pulse prices caused by threatening monsoon disruptions linked to El Niño. India’s government is weighing steps to soften any spike in pulse…
India’s apparel industry is entering a new phase, emphasising brand development and consumer experience as market size approaches $200 billion, driven by rising incomes and digital access. India’s apparel market is entering a new phase, with industry leaders arguing that…
Maruti Suzuki India has called for an amnesty scheme or ‘as-is’ settlement for old indirect tax disputes, aiming to help the auto industry move forward and focus on growth amidst ongoing litigation and recent GST reforms. Maruti Suzuki India has…
The Reserve Bank of India introduces a plan to unify loan pricing models, enhancing clarity for borrowers despite no immediate rate cuts, as part of a broader push for transparent lending practices. The Reserve Bank of India has moved to…
Carsten Lammers, CFO of BMW Group India, calls for faster resolution and simpler procedures in India’s lengthy tax and customs disputes to boost investor confidence amid widespread delays and unresolved cases. Carsten Lammers, chief financial officer of BMW Group India,…
Indian textile and apparel companies are optimistic about future growth driven by global sourcing shifts and trade agreements, yet remain sceptical about reaching the $100 billion export target by 2031, citing challenges in sustainability readiness and execution. Indian textile and…
