From 2027, India will start receiving detailed transaction data from overseas crypto platforms under a global reporting framework, ending the era of offshore opacity and tightening tax, compliance and data-sharing norms for exchanges and investors.
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India is actively exploring new steel export destinations in the Middle East and Asia. This strategic shift aims to counter the effects of the European Union’s carbon tax. The nation is also focusing on securing vital raw material supplies through…
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Japan will invest $36 billion in three U.S. projects, including a $33 billion natural gas power plant in Ohio and a $2.1 billion oil export terminal in Texas. A synthetic industrial diamond factory in Georgia, valued at $600 million, will…
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India’s UPI juggernaut processes billions of transactions every month, but fintech leaders highlighted the payments layer itself yields little profit. As dominance consolidates among three players, questions are growing over whether the fintech industry’s payments gold rush has run its…
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Vinod Khosla, founder of Sun Microsystems, warns India’s IT services sector will vanish by 2030. He foresees artificial general intelligence arriving in two years. New AI-driven services will replace current outsourcing models. Khosla also advocates for AI doctors to address…
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The draft rules broaden funding and liquidity management options by allowing authorised dealers to place and accept foreign currency deposits with other authorised dealers, overseas branches, International Financial Services Centre (IFSC) banking units and offshore banking units in special economic…
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