In an ever-evolving world of digital commerce, cross-border payments have become increasingly essential for businesses engaged in international trade. To ensure the efficiency and security of these transactions, the Reserve Bank of India (RBI) has introduced new regulations for entities facilitating cross-border payment transactions. These regulations aim to encompass all...
The advent of AI promises a transformative impact across the insurance industry in India, which could in fact emerge a frontrunner when it comes to adoption of the technology. Developing a complete digital ecosystem is a critical first step to success in the future, enabling insurers to do instant policy...
Prof Ramnath Narayanswamy, IIM Bangalore, argues that consumption in India has been rather mindless, and savings need to be encouraged for the economy going forward. Moreover, spending should be directed towards areas of overall benefit like healthcare and education. IBT: Post-lockdown, India is seeing some positive trajectory in numbers pertaining...
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