Union Minister of Commerce Piyush Goyal recently announced the Central Government is mulling allowing businesses to use their permanent account number (PAN) as a unique identifier for accessing...
On December 1, the Reserve Bank of India has unveiled a framework allowing overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities that are...
A four-tiered regulatory framework for categorization of the Urban Cooperative Banks (UCBs) was recently released by the Reserve Bank of India (RBI). It had also announced norms concerning...
After successfully launching the wholesale pilot project for central bank digital currency in November, the RBI commenced the retail CBDC pilot project from December 1. About RBI’s Retail...
The Kirit Parikh panel recently submitted a report on gas pricing, recommending complete pricing freedom from January 1, 2026. What are the key recommendations of the panel? The...
Tata Sons and Singapore Airlines (SIA) have agreed to merge Air India and Vistara to create India’s second-biggest carrier. Why is this merger significant? The Singapore Airlines (SIA)...
The latest World Trade Organization Goods Trade Barometer predicted slow growth of global trade in the closing months of 2022 and in 2023 due to strong headwinds. What...
IDFC First Bank, in association with the National Payments Corporation of India (NPCI), recently launched FIRSTAP – India’s first sticker-based debit card. What is a sticker-based debit card?...
The FTX – one of the world’s largest cryptocurrency exchanges – collapsed. Its founder, Sam Bankman-Fried’s fortune fell from nearly 16 billion USD to zero within days after...
The Organisation for Economic Co-operation and Development (OECD) recently slashed India’s GDP forecast for the current financial year (FY2023) from 6.9 per cent to 6.6 per cent in...
