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AI startups positioned to transform India's IT services, despite SaaS setbacks

New Delhi, Feb. 6 -- Even as several software-as-a-service startups head to the public markets this year, India hasn't capitalized on the boom of the 2010s, according to a top executive at global vent... Read More


Pune to get transformation cell for addressing citizens' problems

India, Feb. 6 -- Pune municipal commissioner Naval Kishore Ram and Pune district collector Jitendra Dudi have initiated a year-long effort to improve everyday civic services by setting up a city-level... Read More


Trade agreements with EU and US to support export growth, says RBI Governor Sanjay Malhotra

Mumbai, Feb. 6 -- The recently concluded India-EU Free Trade Agreement (FTA) and the India-US trade deal, along with several other trade agreements, will support exports over the medium term, accordin... Read More


Banks to be allowed to lend directly to REITs, RBI proposes easing norms to support real estate sector

Mumbai, Feb. 6 -- The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said that banks will be allowed to lend directly to Real Estate Investment Trusts (REITs), as the central bank move... Read More


Starlink deal opens new revenue stream for Kay & Que

Dhaka, Feb. 6 -- Kay & Que (Bangladesh) has become the sales agent for Starlink Satellite Internet Service in Bangladesh, a move expected to increase the company's revenue and income in the coming qua... Read More


RBI to issue draft guidelines for protecting customers from mis-selling, among others

Mumbai, Feb. 6 -- Reserve Bank of India Governor Sanjay Malhotra on Friday proposed to issue three draft guidelines for customer protection: one, relating to mis-selling; two, regarding recovery of lo... Read More


UP farmers now get loans in 5 minutes through e-KCC: CM Yogi

LUCKNOW, Feb. 6 -- Chief minister Yogi Adityanath on Thursday said digital governance has transformed the loan approval system in Uttar Pradesh, reducing the waiting period for Kisan Credit Card (KCC)... Read More


India's container sops draw interest from global shipping behemoths: Sonowal

New Delhi, Feb. 6 -- India is in talks with global shipping giants and domestic companies to set up container manufacturing facilities, according to Union minister Sarbananda Sonowal, as the Rs.10,000... Read More


RBI proposes compensation for small-value transaction fraud; raises collateral-free MSME loan limit

Mumbai, Feb. 6 -- Reserve Bank of India Governor Sanjay Malhotra on Friday announced a set of measures aimed at enhancing customer protection, advancing financial inclusion, enhance flow of credit, st... Read More


RBI projects retail inflation at 2.1% for FY26; warns of Q4 uptick

Mumbai, Feb. 6 -- The Reserve Bank of India (RBI) on Friday projected retail inflation for the current fiscal year (2025-26) at 2.1 per cent, even as it flagged potential "upside risks" from geopoliti... Read More