India is set to make a bold move in its digital transformation journey by planning an AI-focused data city in Visakhapatnam. This ambitious project aims to position the coastal city as a global hub for artificial intelligence, data analytics, and digital innovation. With the government’s push to attract international investment, the initiative is expected to…
The Reserve Bank of India (RBI) has taken strict action against several banks for non-compliance with regulatory norms, imposing monetary penalties to reinforce discipline in the financial sector. This move underscores RBI’s commitment to ensuring transparency, accountability, and adherence to rules across India’s banking ecosystem. Key Highlights of RBI’s Action Why RBI’s Action Matters Comparative…
Signature Global, a leading real estate developer, has announced a strategic partnership with RMZ, one of India’s largest commercial property groups, to invest ₹7,500 crore in developing premium commercial property projects in Gurugram. This collaboration is set to redefine the city’s skyline, strengthen its position as a corporate hub, and create new opportunities for businesses…
Nvidia’s charismatic CEO Jensen Huang, widely regarded as one of the most influential figures in the global technology industry, will not be attending the India AI Impact Summit 2026 in New Delhi next week. The announcement has surprised many, as Huang was expected to be one of the headline speakers at the five-day event, which…
Alphabet Inc., the parent company of Google, has made headlines by issuing a rare 100-year bond, often referred to as a “century bond.” This move has sparked curiosity across financial markets, as century bonds are uncommon and typically reserved for companies with exceptional creditworthiness and long-term stability. Alphabet’s decision reflects both strategic financial planning and…
A recent JP Morgan report has reassured India’s IT services industry that artificial intelligence (AI) should be viewed as an enabling tool rather than a disruptive threat. The report emphasizes that while AI will transform workflows, enhance productivity, and automate repetitive tasks, it will not replace the core strengths of India’s IT services sector, which…
India’s smartphone manufacturing sector has emerged as one of the fastest-growing industries, supported by government initiatives like the Production-Linked Incentive (PLI) scheme and rising domestic demand. However, outdated Permanent Establishment (PE) tax rules are increasingly being seen as a potential obstacle to sustaining this momentum. Industry experts argue that unless tax frameworks are modernized to…
The Reserve Bank of India (RBI) has proposed new guidelines to regulate the conduct of recovery agents engaged by banks and non-banking financial companies (NBFCs). The move aims to protect borrowers from harassment and ensure ethical practices in debt recovery. Under the proposed framework, recovery agents will be allowed to make calls or visits only…
Kwality Wall’s, one of India’s most recognized ice cream brands, is set to make its debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) starting February 16. This marks a significant milestone for the company, which has long been a household name in the FMCG sector. The listing is expected to attract…
The Bombay Stock Exchange (BSE) has received approval from the Securities and Exchange Board of India (SEBI) to introduce futures and options contracts based on its newly designed ‘Focused Midcap Index’. This development marks a significant step in expanding India’s derivatives market, offering investors more opportunities to hedge, speculate, and diversify portfolios with midcap-focused instruments….
