The journey is not without its challenges. As we move forward, collaboration among stakeholders—banks, fintech companies, regulators, and consumers—will be crucial. With the right mix of innovation, education, and security, India’s digital revolution is poised to redefine how we perceive and perform financial transactions.

India's cash crunch has significantly reduced after the Reserve Bank of India implemented aggressive liquidity measures amidst slowing economic growth. The liquidity deficit dropped from 2.2 trillion rupees to 660.4 billion rupees, easing banks' overnight borrowing costs and aligning the rate with the central bank's policy repurchase rate.

INDIA-India's finance ministry asks employees to avoid AI tools like ChatGPT, DeepSeek

India’s services sector began 2025 with a PMI of 56.5, the lowest since November 2022, according to S&P Global data. Following December’s service PMI of 59.3, growth momentum marked a substantial slowdown. Meanwhile, expansion remained historically strong, and job creation continued, supported by an uptick in manufacturing activity.

The government has reduced its FY25 target for green bond proceeds by 27% due to weak investor interest and plans to maintain this level for the next fiscal year. Despite the ongoing effort to promote green financing, the anticipated premium over non-green instruments has been minimal since the bonds' debut in FY23.

Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of Rs 15.68 lakh crores channelled exclusively into capital expenditure, Finance Secretary and Secretary, Department of Revenue, Tuhin Kanta Pandey told industry leaders Monday.

The INDIAsize initiative, a study aimed at establishing standardized measurements for Indian body types, will be unveiled at the Bharat Tex event. Developed to address fitting issues in retail apparel, the project will release anthropometric data for industry feedback prior to finalizing size standards. The Bharat Tex 2025 exhibition promises global participation.

Prime Minister Narendra Modi emphasized India’s commitment to Artificial Intelligence and an Aspirational India for the tech-driven 21st century. Contrasting this vision, Rahul Gandhi criticized the government's 'Make in India' initiative, highlighting a drop in manufacturing's GDP share. Parliamentary Affairs Minister Kiren Rijiju demanded an apology for unsubstantiated claims made by Gandhi during his address.

India is expected to benefit from the ongoing US-China trade war, with increased export orders and value. However, the country will not be entirely shielded from the repercussions. The imposition of tariffs by the US on Chinese goods could provide substantial opportunities for Indian exports, particularly in sectors like electrical machinery, auto components, and pharmaceuticals.

ITC appears to be leading the race to acquire Century Pulp and Paper from the Aditya Birla Group, with an offer between `3,000-3,500 crore. West Coast Paper Mills is also in contention, with a decision expected soon. The Aditya Birla Group aims to generate capital for its diversified business interests.

ITC Hotels share price: The newly demerged entity made its debut on the NSE and BSE at Rs 180 and Rs 188 per share, respectively, giving it a market valuation of Rs 39,126.02 crore at the time of listing. Since then, its valuation has decreased to Rs 34,266.48 crore.

Tata stakeholders may seek an arbitrator, likely a retired Supreme Court chief justice, to determine the appointment of trustees for the Ratan Tata Endowment Foundation (RTEF) amidst unclear instructions left by Ratan Tata. The foundation, focused on philanthropy and research, will be independent of Tata Trusts. The arbitration could set a precedent for legacy foundation governance in India.

Proactive risk management, using data analytics and early detection strategies, helps businesses identify red flags faster, reduce fraud, and foster a culture of integrity and accountability in operations.

Nissan may halt its merger discussions with Honda, with board members expected to meet soon to decide. Talks stalled after Honda suggested Nissan become a subsidiary, deviating from initial plans. Honda is concerned about Nissan's progress in its turnaround. Both companies declined to comment but indicated an announcement in mid-February.

He also announced the launch of the Krutrim AI Lab, releasing the company's work to the open-source community.

Finance Minister Nirmala Sitharaman announced that the GST Council is nearing a decision on simplifying and reducing GST rates as work on rationalizing tariffs is almost complete. The focus is on lowering rates for everyday items. Despite significant capital expenditure increases and tax relief in the Union Budget, India's economic fundamentals remain strong, with no structural slowdown.

India plans to assist small exporters in complying with international non-tariff measures like the EU Carbon Border Adjustment Mechanism and the US Turtle Excluder Device programme. As part of the export mission, the government will offer credit on easy terms, promote alternative financing, and roll out schemes within 4-5 months, according to DGFT Santosh Kumar Sarangi.

The proposed reductions in personal income-tax rates in the Union Budget 2025-26 are set to boost middle-class purchasing power and consumption, benefiting domestic manufacturers, especially in the automotive and white goods sectors. However, the expected ₹1 lakh crore revenue loss may slow fiscal consolidation, with central government debt targeted to decrease by 2030-31.

Swiggy which will post its October-December quarter earnings on Wednesday, had clocked 230 million orders in the three-month period ended September 2024. Rahul Bothra was speaking at the annual edtech summit in Delhi organised by Arizona State University, GSV Ventures and Emeritus.

The most pressing issue identified by 84% of respondents in a KPMG survey is the need for simplification of disputes and litigation, and areas of capital gains, business income calculations, and transfer pricing.