The Insurance Regulatory and Development Authority of India (IRDAI) has recently introduced Indian Accounting Standards (Ind AS) for the insurance sector, marking a significant reform in financial reporting...
The Union government is considering a major policy shift to extend social security coverage to unorganised sector workers by bringing them under the Employees’ Provident Fund Organisation (EPFO)...
The Reserve Bank of India has unveiled its Payments Vision 2028 with a strong emphasis on improving user convenience and flexibility in the banking system. A key proposal...
The Reserve Bank of India (RBI) has unveiled its ‘Payments Vision 2028’, outlining a comprehensive roadmap to transform India’s digital payments ecosystem over the next three years. The...
The Ministry of Ayush has launched “Yoga 365”, a nationwide initiative aimed at encouraging daily adoption of yoga as part of routine life. The campaign was unveiled during...
Atanu Chakraborty has resigned as the part-time chairman and independent director of HDFC Bank with immediate effect, citing ethical concerns. In his resignation letter, he stated that certain...
The Government of India has relaxed foreign direct investment (FDI) rules to allow overseas companies with up to 10 per cent Chinese shareholding to invest in India through...
The Ministry of Statistics and Programme Implementation (MoSPI) has revised the base year of India’s Gross Domestic Product (GDP) from 2011–12 to 2022–23. The updated GDP series was...
India’s foreign exchange reserves rose to a new all-time high of 728.49 billion during the week ended February 27, according to data released by the Reserve Bank of...
DBS Bank has become the first issuer in Asia-Pacific to pilot Visa Intelligent Commerce (VIC), marking a significant milestone in the evolution of agent-initiated digital payments. The collaboration...