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Rajya Sabha passes bill to recognize digital bank records as evidence

New Delhi, Aug. 10 -- The Rajya Sabha on Monday passed the Bankers' Books Evidence Bill, 2026, clearing the way for electronic and digital records maintained by banks to be recognized as admissible ev... Read More


El Niño impact on rural borrowers easing as rains improve, says Muthoot Microfin

New Delhi, Aug. 10 -- The impact of El Niño-related weather disruptions on rural borrowers has eased as rainfall conditions improved, with cash flows showing signs of recovery, Sadaf Sayeed, chie... Read More


Data embassies, sovereign cloud at the heart of India's data centre roadmap

New Delhi, Aug. 5 -- New Delhi: The Centre is drawing up a roadmap to position India as a host for foreign governments' data embassies, enhance international submarine cable connectivity and develop s... Read More


Centre extends tenures of cabinet secretary, home secretary by a year

New Delhi, Aug. 5 -- The Appointments Committee of the Cabinet (ACC) on Wednesday approved one-year extensions for cabinet secretary T. V. Somanathan and Union home secretary Govind Mohan, according t... Read More


Tax Bill proposes reforms to attract global capital, boost Make in India

New Delhi, Aug. 4 -- The government on Tuesday introduced the Taxation and Other Laws (Amendment) Bill, 2026, in the Lok Sabha, proposing tax and regulatory reforms aimed at attracting foreign capital... Read More


Parliament panel backs corporate law overhaul

New Delhi, Aug. 3 -- New Delhi: A joint committee of parliament has backed an overhaul of India's corporate law framework, proposing further decriminalization of procedural lapses, compliance relief f... Read More


India, Uzbekistan target doubling bilateral trade in three years

New Delhi, Aug. 3 -- India and Uzbekistan are looking to more than bilateral trade to about $3 billion over the next three years, with commerce and industry minister Piyush Goyal on Monday saying the ... Read More


Blackstone-backed Aadhar Housing sees no need to raise capital for four years; bets on smaller towns to sustain growth

New Delhi, Aug. 3 -- Aadhar Housing Finance, a Blackstone-backed lender, is sufficiently capitalized to support planned expansion and annual loan growth of about 20% and does not expect to raise fresh... Read More


Gross GST collections rise 15.4% to Rs.2.11 trillion in July

New Delhi, Aug. 1 -- India's gross goods and services tax (GST) collections rose 15.4% year-on-year to Rs.2.11 trillion in July, marking one of the strongest monthly performances this fiscal year, dri... Read More


Stronger public sector banks now face agility test amid global turmoil: PNB CEO

New Delhi, July 31 -- India's state-run banks have emerged far stronger after a decade of balance-sheet clean-up and reforms, but staying nimble in an increasingly uncertain global environment will be... Read More