India is reconsidering its long-standing ban on genetically modified food crops. This shift could open doors for agricultural trade with the United States. A Supreme Court ruling on GM rapeseed is anticipated. Proponents believe this technology can boost farm productivity…
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Reserve Bank of India is launching a Digital Payments Intelligence Platform (DPIP) that will use AI to detect and prevent payment frauds in real time. Initially, a negative registry will flag suspicious entities, with the platform expanding to analyze transactions…
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Sebi Chairman Tuhin Kanta Pandey urged mutual fund trustees to implement robust early warning systems to detect irregularities and ensure timely interventions. He emphasized their fiduciary duty to actively safeguard investor interests, not just passively receive reforms. Trustees are crucial…
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This came after the board of Sebi in September approved a proposal for relaxation in the minimum information to be provided to the audit committee and shareholders for the approval of RPT.
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The Enforcement Directorate has reportedly given Flipkart the chance to settle a FEMA violation case by admitting mistakes and paying a penalty. The CCI is also looking into Flipkart’s subsidiaries, while Amazon India is undergoing similar scrutiny regarding discounting practices.
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India’s retail inflation fell to 1.54% in September, the lowest in over seven years, led by a sharp drop in food prices. The easing price pressures could give the RBI more room to maintain a supportive policy stance.
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