Category: Business

With US tariffs hitting exports, Arvind Panagariya urges India to finalize the EU FTA and pursue long-pending reforms. He calls this a 1991-style moment, pushing for changes in land, labor and trade policies to boost India’s global competitiveness. With the tariff war unleashed by the US threatening to hit India’s shipments to its largest exports […]

According to sources, Chalai is the senior most in rank in the Finance Ministry and is expected to be designated as Finance Secretary soon.  K. Moses Chalai, Secretary in the Department of Public Enterprises (DPE), is soon to be named the next Finance Secretary, a position lying vacant for more than a month, sources have […]

The Finance Ministry has directed public sector banks (PSBs) to undertake a third-party evaluation of their Boards’ performance, in the wake of instances of misgovernance at the helm of a few lenders that also raise questions about the scrutiny exercised by their Boards, a senior Government official told Business Standard. “Since a couple of governance issues […]

Finance Minister, Nirmala Sitharaman praised India’s fintech sector for enhancing digital public infrastructure and enabling inclusive financial services for merchants and MSMEs. During a visit to Pine Labs in Noida, she reviewed fintech innovations and interacted with beneficiaries of digital initiatives. She highlighted how DPI, including direct benefit transfers has transformed service delivery and empowered […]

The number of micro, small and medium enterprises (MSMEs) with Goods and Services Tax (GST) registration is set to rise after the Central Board of Indirect Taxes and Customs (CBIC) asked its officials to relax scrutiny for such businesses, according to two people aware of the development. MSMEs contribute around 30% of India’s GDP. CBIC’s move […]

China’s Government subsidies, aimed at boosting domestic consumption, have spurred a surge in digital product sales, generating approximately $20 billion in just four months. Over 48 million consumers participated, purchasing 51.48 million products. This initiative has led to a significant increase in retail sales of communication appliances and a shift towards higher-end smartphones. The Chinese […]

Is the Reserve Bank of India supposed to make profits? RBI’s main job is not to make profits but to keep the economy stable. Its goal is to make sure that prices of everyday items don’t rise too fast and that borrowing rates and exchange rates stay steady without wild swings, while still reflecting demand […]

On Wednesday, SEBI passed an interim order wherein Inventure Merchant Banking Services was directed not to take new merchant banking assignment until further orders. SEBI has taken similar action against First Overseas Capital as well. The SEBI action assumes significance as the SME IPO segment is seeing a lot of action in the last few […]

Md Salman – Project Director, KYC Software: Md Salman, Project Director of KYC Software, is a pioneering force in digital identity verification. Under his leadership, KYC Software has emerged as India’s first Digital Trust platform, transforming how industries verify and authenticate user identities across sectors like finance, hospitality and corporate services. His management vision centers on […]