The Reserve Bank of India is reviewing credit bureau operations. This aims to improve data consistency and transparency for customers. A working group is addressing concerns from financial institutions. Suggestions include uniform data standards and a common grievance portal. The…
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Founder and CEO of stock brokerage firm Zerodha, Nithin Kamath, on Friday lauded SEBI for “going after” Jane Street, an US-based investment firm that has been alleged of index manipulation.
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SEBI stated that Jane Street earned an estimated ₹36,500 crore in profits between January 2023 and March 2025, with ₹43,289 crore generated from index options alone, based on National Stock Exchange data. The regulator has instructed banks to freeze ₹4,840…
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Jitan Ram Manjhi stated that the MSMEs are the vibrant and dynamic part of Indian economy and plays a crucial role in nation’s growth.
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A Group of Ministers (GoM) convened to address declining GST revenue in major states and combat input credit frauds, which have caused significant losses. The GoM is considering technology-driven solutions, including AI-enabled monitoring, to enhance GST collection and curb fraudulent…
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India is rapidly emerging as a global leader in integrating AI with sustainable development, with 64% of Indian companies actively using AI to enhance their green initiatives. Companies like Infosys are leading the way, achieving carbon neutrality through AI-driven energy…
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