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…
Leap India Ltd is set to launch its ₹2,480 crore initial public offering in August, facing mixed analyst ratings and a modest grey market premium as it seeks to expand in the logistics sector amidst a busy IPO pipeline. Leap…
Blackstone-backed Nexus Select Trust is close to acquiring two malls in eastern India, aiming to expand its portfolio and boost income through strategic purchases and premiumisation initiatives amidst promising growth trends. Blackstone-backed Nexus Select Trust is closing in on two…
India’s largest IT services firms are reimagining campus hiring by prioritising graduates equipped with AI, cybersecurity, and data skills, emphasising specialised ‘forward deployed engineers’ to meet soaring demand for AI integration in business services. India’s largest IT services companies are…
