ICICI Bank appears to support UPI for Hindu Undivided Family savings accounts, but customers face procedural nuances at branch level and app setup, highlighting evolving digital banking integration for shared family finances in India. ICICI Bank customers who hold a…
India’s expanding digital economy faces new risks from AI-driven scams, prompting authorities to emphasise AI literacy as a crucial layer of cybersecurity amidst escalating fraud cases and sophisticated impersonation techniques. India’s cyber authorities are increasingly treating AI as more than…
As digital commerce evolves, companies are adopting hybrid payment solutions, using gateways for online sales and links for quick, informal transactions, to optimise cash flow and customer experience. For many businesses, the real choice is not between a payment gateway…
India has introduced a new framework allowing e-commerce companies to hold stock for export, aiming to simplify cross-border trade and support smaller manufacturers in reaching global markets. India has moved to formally open a narrow but potentially important export channel…
The Indian government has tabled a new bill in the Lok Sabha aimed at boosting foreign capital, stabilising policy environment for domestic manufacturers, and simplifying regulations for global firms, amidst geopolitical tensions and supply chain disruptions. India’s government has brought…
PGIM India Mutual Fund will halt new SIP and STP instalments into three of its international-focused schemes from August 7, highlighting the industry’s ongoing struggle to stay within existing foreign investment caps set by SEBI amidst rising global market constraints.…
The Indian Defence Ministry’s new interim measure will fully reimburse 18% GST on R&D grants, easing cash flow for defence start-ups and MSMEs and signalling continued government support for innovation in the sector. The Ministry of Defence has moved to…
The Reserve Bank of India has kept its policy rate unchanged at 5.25%, signalling a cautious wait-and-see approach as Governor Sanjay Malhotra cites global risks and inflation clarity as key factors influencing future moves. The Reserve Bank of India has…
The Delhi High Court has directed the Centre to respond to a petition seeking automatic refunds of tax deducted at source for individuals with no tax liability, highlighting recent debates on simplifying tax procedures for non-filers and vulnerable groups. The…
The Reserve Bank of India aims to standardise and simplify loan rate setting across the financial sector, enhancing transparency and comparability for borrowers, amid recent reforms and efforts to broaden access to banking services. The Reserve Bank of India has…
