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Startup India Innovation Week

The Department for Promotion of Industry and Internal Trade (DPIIT) will be organizing the Startup India Innovation Week from January 10th to January 16th, 2023. This event is...

January 6, 2023

ADB’s Recent Loans to 4 States

The Asian Development Bank (ADB) recently signed a loan agreement with the Indian government to provide $1.22 billion in funding for projects aimed at improving connectivity and infrastructure...

January 4, 2023

Exemption for PSUs from Minimum Public Float Rules

The Indian government has announced that public sector entities will be exempt from the Minimum Public Shareholding (MPS) norm. The MPS norm mandates that listed companies must have...

January 4, 2023

Hydrogen for Heritage: Indian Railways Introducing Hydrogen Power Trains on Heritage Lines

At the start of the New Year 2023, Indian Railways has set a goal to modernize its heritage lines with the latest technology. To achieve this, the Ministry...

January 3, 2023

RBI’s Systemic Risk Survey (SRS)

The Reserve Bank of India’s (RBI) latest Systemic Risk Survey (SRS) has shown that global spillovers, financial market and general risks have increased, while macroeconomic risks have moderated....

January 3, 2023

Domestic Systemically Important Banks (D-SIBs) – Update (January, 2023)

The Reserve Bank of India (RBI) has named the top three lenders in India – State Bank of India (SBI), ICICI Bank, and HDFC Bank – as Domestic...

January 3, 2023

India’s Unemployment Rate Reaches Highest Level in 16 Months

According to data from the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate reached 8.30% in December, the highest level in 16 months. This marks an increase...

January 2, 2023

RBI’s Launch of Utkarsh 2.0

The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the...

January 2, 2023

Draft Statement on Industrial Policy 2022

The Department for Promotion of Industry and Internal Trade (DPIIT) in India is currently working on a new industrial policy that aims to increase financing options for industry...

January 2, 2023

UPI Reaches Record High in December

India’s Unified Payments Interface (UPI) processed a record 7.82 billion transactions in December, worth a total of INR 12.82tn ($174.6bn). This represents an increase of 7.12% in volume...

January 2, 2023

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