As Indian finance teams grapple with mounting pressure to refine TDS processes, automated systems are emerging as crucial tools to ensure timely deposits, accurate filings, and minimise costly errors, especially amid growing transaction volumes and data complexities. Finance teams in…
India announces a significant boost to its energy storage sector through a ₹5,400 crore Viability Gap Funding scheme, transmission relief, and relaxed approvals, aiming to accelerate renewable integration and grid stability. India has stepped up its push for energy storage…
Small steel producers in India have the potential to cut electricity bills by up to 34% and sharply reduce emissions by transitioning to renewable power, boosted by the country’s expanding clean-energy infrastructure. Smaller steelmakers in India could trim electricity bills…
Power Finance Corporation and REC Limited have approved a merger that will create India’s largest government-backed power financing platform, potentially transforming sector finance and operational efficiency, pending regulatory and shareholder approvals. Power Finance Corporation and REC Limited have cleared a…
Vodafone Idea is close to obtaining a crucial bank-backed funding package aimed at a ₹45,000 crore network overhaul, amidst cautious lender interest and strategic efforts to compete with Reliance Jio and Bharti Airtel. Vodafone Idea is edging closer to a…
The Indian rupee remains under pressure amid rising crude oil costs and investor caution ahead of US inflation figures, with analysts warning of potential further weakness driven by a stronger dollar and global energy costs. The Indian rupee remained under…
As India’s Unified Payments Interface cements its role in everyday transactions, a debate emerges on whether large merchants should start bearing fees to sustain the system, shifting the cost burden from consumers to high-value digital transactions. India’s Unified Payments Interface…
Apple plans to introduce Apple Pay in India by late 2026, initially focusing on card transactions to target affluent consumers amid regulatory hurdles, signalling a strategic shift away from UPI dependency. Apple’s reported plan to bring Apple Pay to India…
The Employees’ Provident Fund Organisation launches extensive digital reforms aimed at faster, more transparent withdrawals, transfers, and pension claims for over 70 million subscribers, marking a significant shift towards paperless, automated services. The Employees’ Provident Fund Organisation is moving through…
A surge in complaints in Turkey highlights growing frustration with major streaming platforms over billing disputes, challenging cancellation processes, and access problems, amid reports of unauthorised charges and phishing scams. Millions of subscribers now rely on streaming services for entertainment,…
