India Ready to Set Global Data Standards, Says CEA V Anantha Nageswaran

August 15, 2025

India Ready to Set Global Data Standards, Says CEA V Anantha Nageswaran

India is gearing up to become a global leader in data quality and standards. CEA V Anantha Nageswaran promises that India will set benchmarks even developed countries will follow. Plans include launching a new Service Production Index for reliable economic data.

RBI's New Rules: Indians Need Permission to Act as Foreign Exchange Guarantors

August 15, 2025

RBI's New Rules: Indians Need Permission to Act as Foreign Exchange Guarantors

RBI's draft says Indian residents can't act as guarantors for forex deals without permission. Reporting guarantees on time is a must, or face penalties!

IBBI Rocks the Boat: Insolvency Pros Must Hit 40% In-Person Learning by 2026!

August 14, 2025

IBBI Rocks the Boat: Insolvency Pros Must Hit 40% In-Person Learning by 2026!

Get ready, insolvency pros! From 2026, the Insolvency and Bankruptcy Board of India wants you in the classroom for at least 40% of your learning. The new rules demand 30 CPE credit hours yearly, with in-person sessions climbing up to 60% by 2028. Grab your notebooks for workshops, seminars, and more!

ICICI Bank Slashes Minimum Average Balance to Rs 15,000 After Customer Complaints!

August 14, 2025

ICICI Bank Slashes Minimum Average Balance to Rs 15,000 After Customer Complaints!

Big news from ICICI Bank! It slashed the minimum average balance for savings accounts from Rs 50,000 to Rs 15,000 in metros and urban areas. Semi-urban and rural limits also dropped. All thanks to customer feedback! Meanwhile, SBI and others drop balance penalties altogether, but HDFC Bank sticks to old rules. Read on to know the banking drama!

Samvardhana Motherson Says US Tariffs on Indian Imports Won't Hurt Its Business Much

August 14, 2025

Samvardhana Motherson Says US Tariffs on Indian Imports Won't Hurt Its Business Much

Samvardhana Motherson stays cool as US slaps tariffs on Indian imports. With less than $10 million exports to the US in Q1 FY26 and smart supply chain moves, the company says impact is small. Despite margin challenges, shares jumped on management’s strong confidence.