RBI Governor Sanjay Malhotra has called for stronger cooperation among central banks as BRICS countries work to build a more resilient, efficient and inclusive global financial system. Speaking at the BRICS Finance Ministers and Central Bank Governors meeting held in Jaipur on August 12-13, the RBI Governor underlined the critical role played by monetary authorities … Read more
NITI Aayog ,India has taken another significant step toward strengthening its position as one of the world’s most attractive investment destinations. In a move aimed at making investment decisions easier and more transparent for global businesses, NITI Aayog has introduced the Investment Friendliness Index, a comprehensive framework designed to compare the investment ecosystem across India’s … Read more
The Government of India has successfully raised ₹31,552 crore through the Offer for Sale (OFS) of Life Insurance Corporation of India (LIC) shares, marking one of the biggest disinvestment transactions in the Indian stock market. The stake sale received strong participation from investors, with the government fully exercising the green shoe option and increasing public … Read more
India’s Unified Payments Interface (UPI) has transformed the country’s digital economy by making instant, cashless transactions available to millions of users free of cost. However, a recently introduced amendment to the Payment and Settlement Systems Act, 2007 has triggered widespread debate after raising the possibility that certain UPI Payment transactions—particularly those above ₹2,000—could eventually attract … Read more