The Reserve Bank of India (RBI) has published detailed guidelines to build up India's digital payments architecture and improve security, control and compliance among banks, gateways, wallets and other non-banking entities that are at the...

Billionaire Ajay Piramal moved a step closer to acquiring the bankrupt mortgage financier Dewan Housing Finance Corp. Ltd (DHFL) with the Reserve Bank of India (RBI) clearing the company’s insolvency resolution plan. “We understand...

India's inflation target band of 2%-6% is up for review as the five-year term for the current monetary policy framework draws to a close, Finance Minister Nirmala Sitharaman said on Thursday. The band, on the basis of which monetary policy is...

Aided by the government’s credit guarantee scheme, credit growth by Micro, Small and Medium Enterprises (MSMEs) have made a strong rebound to the pre-Covid levels, with credit exposure at Rs 19.09 lakh crore as of September 2020, showing a...

E-commerce giant Flipkart has signed a memorandum of understanding with the Tamil Nadu MSME Trade and Investment Promotion Bureau to bring local artisans, weavers, craftsmen and SMBs into the e-commerce segment. The partnership under the Flipkart...

Expanding a business and aiming to breaking new frontiers in the industry is the ultimate aim for many business leaders around the globe. With that being the case, expanding a business successfully is one of the hardest feats to achieve as a...

The Union Cabinet on Wednesday approved an Rs 12,195-crore Production Linked Incentive (PLI) scheme for domestic manufacturing of telecom and networking products such as switches, routers, radio access network, wireless equipment and other...

The government of India has decided to infuse Rs 1,500 crore capital into state-owned Export-Import Bank of India (Exim Bank) in the next financial year. The amount is Rs 200 crore higher than the provision made by the government for the current...

When we speak of investments, it is generally advised that one should invest a part of their disposable income in a monthly or quarterly interest payment scheme through which they can receive a steady income. India’s largest public sector...

For the first time on Tuesday, Bitcoin rose above $50,000, adding steam to a rally fueled by signs that mainstream investors and businesses are gaining acceptance of the world's biggest cryptocurrency. Bitcoin hit a record $50,603 and at...