The Lok Sabha has approved the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, introducing stricter deadlines and safeguards to improve cash flow and dispute handling for small firms, with ongoing opposition protests. The Lok Sabha has cleared the…
India plans to introduce a formal regulatory framework for digital gold by next year, seeking to improve transparency, safeguard consumers, and standardise platform operations amid rapid growth in digital gold investments among young investors. India is preparing to bring digital…
India aims to create tens of millions of jobs through its expanding EV sector by 2030, but faces a significant skills shortage that requires large-scale upskilling and infrastructure investments to sustain this growth. India’s shift to electric vehicles is increasingly…
A 68-year-old woman from Mysuru fell victim to a sophisticated scam where fraudsters, posing as government officials and using AI-generated voices, duped her into transferring Rs 31.10 lakh, highlighting the growing threat of AI-facilitated cyber frauds. A 68-year-old woman in…
As AI begins automating routine tasks in wealth management, firms grapple with redefining training pathways for junior advisers to balance technological efficiency with essential human skills. Wealth management firms have spent years perfecting the first 90 days for junior advisers:…
The Reserve Bank of India has outlined new draft rules aiming to curb revolving credit for non-banking financial companies, seeking to enhance supervision, protect borrowers, and align with bank regulation standards amid broader sector tightening measures. The Reserve Bank of…
Shriram General Insurance expects minimal impact on its motor third-party portfolio from the Supreme Court’s recent recognition of unpaid domestic work’s economic value, as the company continues its growth trajectory driven by motor premiums and strategic expansion. Shriram General Insurance…
A South Delhi consumer commission has held National Insurance guilty of denying a theft claim unjustly, ordering the insurer to pay over Rs 2 lakh along with interest and compensation, amid a broader trend of stricter insurer accountability. A South…
ICICI Lombard launches India’s first motor cyber insurance to protect connected vehicle users from cyber threats, hacking, and digital theft, recognising the rising digital vulnerabilities of modern automobiles. ICICI Lombard has launched what it describes as India’s first motor cyber…
India’s National Payments Corporation has affirmed that routine UPI transactions will continue to be free for users, addressing concerns over potential future charges while clarifying the system’s funding and fee structure. India’s National Payments Corporation has moved to calm fears…
