Power Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...

India's online gaming sector is approaching the Ministry of Electronics and Information Technology for guidance on new gaming rules. Compan...

With Friday’s notification, the government has paved the way for the fixing of floor wages in India under the Code on Wages and setting up ...

The industry has sought separate HSN codes, an approved manufacturer list and tighter local content norms, along with clarity on customs du...

A Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...

Reserve Bank of India's (RBI) proposed shift to an expected credit loss (ECL) framework could lead to a one-time net impact of up to 120 ba...

The Reserve Bank of India is enabling banks to provide immediate relief to borrowers impacted by natural disasters. Banks can now offer res...

Factory workers' protests in Noida have reignited India's minimum wage debate. Rising inflation erodes real wages, impacting workers' purch...

Indian banks are set for a major provisioning change with Expected Credit Loss (ECL) norms arriving April 1, 2027. This global shift means ...

PSU bank stocks fell up to 3% on Tuesday after RBI confirmed the rollout of the Expected Credit Loss (ECL) framework from April 2027, trigg...

The new ECL guidelines would introduce a "staging framework" for asset classification under the ECL approach, replacing the existing incurr...

Quote of the Day: Philosopher Ian Hacking argued that societal fears are not random but are deliberately structured by cultural, political,...

West Bengal gears up for a crucial 2026 election. The ruling TMC faces a strong challenge from the BJP. Key issues include voter rolls, law...

Indian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.

The Reserve Bank of India is proposing new rules for classifying large financial companies. State-owned firms like Power Finance Corp and R...

Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...

The Reserve Bank of India plans to remove the investment fluctuation reserve requirement for commercial banks. Existing rules already provi...