More than a quarter of India's micro, small and medium enterprises (MSMEs) lost over three per cent market share due to the Covid-19 pandemic, said Crisil Ltd on Monday. According to Crisil Research's SME Report 2022, half of them...
The government will likely introduce a bill in the upcoming monsoon session of Parliament to make amendments to facilitate the privatisation of state-run banks. One of the amendments under consideration is allowing the central government a...
Bankers in India have recorded their best-ever quarter for mergers as well as acquisitions while dealmaking elsewhere slows to a crawl. India saw $82.3 billion pending and completed M&A deals in the second quarter, the highest amount on...
As a member of a wealthy family, an idea of creating a family office might have come to your mind. And, it’s pretty natural as well. After all, with it, you can manage your wealth without making too much of an investment or something as...
The payment council of India (PCI) and several other fintech firms have approached government in order to step in to resolve the fallout from a recent directive by the Reserve Bank of India (RBI) that barred payment companies from...
Group of Seven leaders pledged to raise $600 billion when it comes to private and public funds over five years in order to finance needed infrastructure in developing countries and counter China's older, multitrillion-dollar Belt and Road...
From in-hand salary all the way to working hours, several aspects when it comes to employment and work culture as a whole are expected to change from July 1 if the new labour codes are implemented. Here are the expected changes under the new...
Prime Minister Narendra Modi has met with Taiwan-based manufacturing giant Foxconn's Chairman Young Liu and hailed the company's electronics manufacturing plans in the country. "Glad to meet Young Liu, Chairman, Foxconn. I welcome...
The central bank's latest communication to fintechs disallowing non-bank wallets and prepaid cards from loading their credit lines onto these products has caused widespread confusion in this segment of the payments industry, although the order...
As a boost to the green energy sector in the state of Andhra Pradesh, Chief Minister Y.S. Jagan Mohan Reddy has cleared the pump storage projects proposed by Adani Green Energy with a total capacity of 3,700 MW. The project was cleared in the...
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