EbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...

A proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...

The RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...

Investors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...

The RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...

The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeate...

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...

Nashik-based ESDS Software Solution has launched Swaraj Cloud, an AI-autonomous sovereign cloud platform. This platform runs entirely on In...

Banks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as...

Google Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...

Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout...

Exporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tourism and retail exports. They also ...

NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certa...

HDFC Bank shares have plunged 20% this year amid governance concerns, sparked by a former chairman's resignation. The bank has since appoin...

CDSCO still faces challenges like chronic understaffing, gaps in technical skills, weak lab infra and fragmented approvals. About a decade ...

The Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...

The Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to s...