India and Japan’s recent summit in Delhi has sparked concern in Beijing. Agreements on defense, critical minerals, and AI signal a strategic shift, prompting China to caution against “exclusive small groupings.” The summit’s focus on economic security, diversified supply chains,…
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Paytm’s European arm, Paytm Europe Payments, has officially secured a crucial payment institution license from Luxembourg’s financial regulator, effective July 2, 2026. This significant development allows the subsidiary to offer a range of payment services, including fund transfers and credit…
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New Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates ‘debt’ and ‘default’ for NCLT case admission. The amended act introduces phased resolution plan approval, restored CIRP before liquidation, and bars resolution professionals from acting as…
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M1xchange is an RBI-licensed Treds (Trade Receivables Electronic Discounting System) entity. C2FO runs C2Treds and also has the same licence, which it may surrender going ahead. C2FO India’s parent company Pollen Inc. (C2FO US) is a major global player in…
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Banks have registered a gradual increase in the flow of overseas funds after the rollout of the Reserve Bank of India’s (RBI) revised Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme, and expect collections to accelerate further this month as awareness…
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The Securities and Exchange Board of India (SEBI) on Friday proposed that foreign portfolio investors (FPIs) and foreign venture capital investors (FVCIs) pay registration and related fees in Indian rupees (INR), replacing the existing system of payments in US dollars…
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