The Securities Markets Code Bill 2025 is slated for introduction in Parliament’s Winter session, aiming to streamline India’s financial markets by merging key securities laws into a single code. This unified legislation, first proposed in the Union Budget 2021-22, is…
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Shady technology service providers (TSPs) posing as fintechs are exploiting banks’ payout APIs to move large sums without oversight, raising concerns across the payments industry. These APIs, meant for bulk automated transfers to employees or vendors, allow transactions without OTPs…
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In a significant move, India and Italy have unveiled a collaborative effort to tackle terrorism financing head-on. Prime Ministers Narendra Modi and Giorgia Meloni convened during the G20 summit, where they explored ways to enhance not only trade and defense…
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India stands on the brink of an economic renaissance, with many analysts consistently underestimating its growth potential. Recent reforms in key areas such as infrastructure, taxation, and labor laws are sparking significant advancements. However, the task of generating high-productivity employment…
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In the Budget for 2018-19, the then finance minister Arun Jaitley announced that the three companies – Oriental Insurance, National Insurance, and United India Insurance – would be merged into a single insurance entity.
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U.S. Treasury Secretary Scott Bessent said the 43-day government shutdown resulted in a permanent economic loss of $11 billion, even as he expressed confidence about growth prospects in 2026. He said interest rate–sensitive sectors such as housing had slipped into…
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