India Inflation Dips Below RBI Target
In India, the inflation rate fell below the target level of the central bank of this South Asian country for the first time in almost five years.
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India Smartwatch Market Declines 30%
Being the second-largest wearable market after China, India saw its wearable device market decline for the first time ever, by 10.0% year-over-year (YoY) to 29.5 million units in Q2 2024.
Best Gold Loans in India
Gold loans provide quick access to the borrowed funds with minimal paperwork. They are a good financial option for emergency cases or individuals with poor to no credit history. As a country where households possess the world’s largest gold reserves, India has a lot of gold loans providers. Here are some of the best gold […]
RBI Fines Payment Operators Including Visa
The Reserve Bank of India (RBI) imposed penalties on Visa, Manappuram Finance, and Ola Financial Services for non-compliance.
Apple Expands Manufacturing in India
Apple annual sales in India hit a record $8 billion, as one of the firm’s contract manufacturers is planning to assemble iPads in a local facility.
Google Maps Gets AI Boost for Indian Roads
New AI model for Google Maps was designed specifically for Indian roads. It estimates road width using satellite imagery and Street View data to help drivers better navigate flyovers and narrow roads often met in India.
Meta Rolls Out Business Subscription Program in India
Meta has announced the expansion of its business subscription program for customers living in India.
India’s Unique Path to AI Leadership
India plays an important role in the global AI revolution. The country ranks among the global leaders in AI implementation, investments, and innovation. Here’s how India has achieved this prominent position and what its AI strategy has in store for the future.
History of Fintech in India
The fintech sector in India has seen significant changes over the past several decades. Starting with the initial phase of banking computerization, which began in the late 1980s and early 1990s, this foundational step set the stage for more advanced innovations in the financial industry.
Google Reportedly to Lead $250 Million Round by Mobile Startup Glance
The media reports that the Indian mobile content provider Glance is currently in active negotiations on raising capital as part of a funding round led by the current backer, which is Google.
Demand for Indian Bonds Rises
The Indian sovereign bond market is currently gaining foreign equity investors.
Ultrahuman Ring AIR Launches AFib Detection
Indian tech startup Ultrahuman has its smart ring equipped with a unique function – monitoring users’ heart rhythm at night to detect signs of Atrial Fibrillation (AFib).
Paytm Reportedly Gets India’s Nod to Invest in Payments Arm
Indian-beleaguered Paytm has received approval to invest 500 million rupees ($6 million) in a key subsidiary.
RBI Joins Project Nexus for Seamless Cross-Border Payments
RBI joins BIS cross-border payment initiative Project Nexus to facilitate instantaneous retail payments among ASEAN countries.
State Bank of India Rolls Out Web-Based Invoice Financing Solution
The State Bank of India has launched a web-based invoice financing solution for microbusinesses and small and medium-sized businesses.
Quant Mutual Fund Faces SEBI Front-Running Probe
India’s first dedicated, direct-to-investor mutual fund, Quant Mutual Fund, is being investigated by the Securities and Exchange Board of India (SEBI) over alleged front-running practices.
