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More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...- M1xchange's deep-tier financing platform crosses Rs 100 crore in monthly volumesM1xchange's Small-to-Small (S2S) deep-tier financing platform has surpassed Rs 100 crore in monthly transactions, enabling MSME-to-MSME fin...
- RBIH looks to tap Rapido, Swiggy, Amul data for UPI-like lending platform, says CEO Rajesh BansalThe Reserve Bank Innovation Hub is developing a Unified Lending Interface. It is partnering with companies like Namma Yatri, Rapido, and Am...
- India’s services exports to outpace goods by FY30, cut US tech giants’ dominance for growth: GTRIIndia's services exports are predicted to surpass merchandise exports, reaching $618.21 billion by FY30, according to a report by GTRI. Thi...
- GSTN to share data with RBI's frictionless credit platformThe Indian government has allowed the GST Network to share data about GST-registered businesses with the Reserve Bank's 'Public Tech Platfo...
- A new digital revolution in IndiaAn Account Aggregator can, with the enterprise’s consent, furnish the data seamlessly to multiple banks to apply for a loan, accept the bes...
- NPCI transfers automatic bill payments business to new subsidiaryAll licensed bill processors – banks and payment aggregators – on the platform received an email from NPCI on March 31, asking them to star...
- SBI and most other lenders have signed ICA in DHFL case: Rajnish KumarI am very hopeful that within a month there will be clarity on all IBC issues.
- Inter-ministerial group suggests banning of private cryptocurrencies in IndiaIt, however, pitched for introduction of an official digital currency with a status of a legal tender and appropriately regulated by the Re...
- 2-3 tax slab structure will boost GST compliance: Assocham's Saurabh Agarwal"GST is still "work in progress" and rate rationalisation is desirable. The 28% slab is undesirable and should be phased out once the reven...
- RBI shortlists TCS, Wipro, IBM, 3 others for setting up Public Credit RegistryIt'll give lenders a 360-degree real time profile of the existing as well as prospective borrowers.
- RBI starts process to set up digital Public Credit Registry for capturing all details of borrowersAn upcoming registry will give banks 360 degree profile of existing and prospective borrowers instantly.
- Public credit registry will widen credit, improve quality: RBI DGPCR will collate information for both individual and corporate borrowers allowing banks to share data on stressed loans.
- Government sets up panel on fintech to make regulations more flexibleThe panel headed by Economic Affairs Secretary will also suggest ways to enhance entrepreneurship in the Fintech or financial technology sp...
- Jaitley extends avenue for SME financing, bad loans in the sector now on radar"NBFCs can be a very powerful vehicle for delivering loans under MUDRA. Refinancing policy and eligibility criteria set by MUDRA will be re...
- Goods and Services Tax Network will help in keeping strategic control: Prakash KumarGST system project seeks to establish a uniform interface for the taxpayer and a common and shared IT infrastructure between the centre and...
- Panagariya-led panel suggests using GSTN for jobs dataThe draft report has suggested a host of recommendations to help the government collect more reliable, timely and relevant labour market da...
- Confident that GST network will implement the law well, says Nandan NilekaniGST is a very important reform as it makes India one market, and will drive economic growth says Nandan Nilekani
- need2know: Morning update on six macros that may matter to youHere's a look at six macro triggers that are likely to impact the market today
- 60,000 officers to be trained on GST; IT infra to be ready by MarchGSTN is a non-govt company set up by Centre and states to provide shared IT framework and services to central and state governments, tax pa...
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