The Indian rupee is expected to open weaker on Wednesday. High oil prices and U.S. Treasury yields are pressuring the currency. The Reserve Bank of India is absorbing this pressure through dollar sales. Underlying demand for dollars remains very high,…
Read More
President Droupadi Murmu has assented to two new laws passed by Parliament. The Taxation and Other Laws (Amendment) Act, 2026, aims to attract foreign capital. This act also promotes domestic electronics manufacturing and offers process certainty. The Payment and Settlement…
Read More
US Ambassador Sergio Gor urged India and the US to address friction points as true partners. Predictable taxation and regulatory frameworks are needed for businesses to thrive and grow. He stressed candid engagements on export controls and intellectual property protections…
Read More
The rapid growth of India’s Unified Payments Interface (UPI) is putting pressure on traditional payment revenue streams, pushing banks and fintech companies to look towards lending, merchant solutions and other value-added services to generate revenues, according to an August 2026…
Read More
The capital markets regulator introduces a streamlined single application form requiring detailed disclosures on ownership, financial health, and governance from new fund applicants.
Read More
India’s tanker exports surged dramatically in the June quarter, soaring six times compared to previous figures. The UAE emerged as the top importer, while Singapore and various Middle Eastern nations also boosted their purchases of Indian tankers. This impressive growth…
Read More