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Selfie with liveness detection, recording of geographical coordinates, and verification of bank account by the ‘penny-drop’ method are among the mandatory new measures listed by India’s financial intelligence agency under the anti-money laundering and terrorist financing KYC protocols for cryptocurrency exchanges while onboarding users. The directives also discourage Initial Coin Offerings (ICOs) and Initial Token…
Read More “Selfie, ‘penny drop’ mandated as KYC for crypto customers in India” »
Speaking at the Vibrant Gujarat Regional Conference in Rajkot on Sunday (January 11, 2026), Mukesh Ambani, Chairman of Reliance Industries, said Gujarat is far more than just a location for the group. “For Reliance, Gujarat is our body, heart, and soul. We are a Gujarati company,” he said. Mr. Ambani said he was making five…
Read More “Reliance to invest ₹7 lakh crore in Gujarat over next five years: Mukesh Ambani” »
Speaking at the Vibrant Gujarat Regional Conference in Rajkot on Sunday (January 11, 2026), Mukesh Ambani, Chairman of Reliance Industries, said Gujarat is far more than just a location for the group. “For Reliance, Gujarat is our body, heart, and soul. We are a Gujarati company,” he said. Mr. Ambani said he was making five…
Read More “Reliance to invest ₹7 lakh crore in Gujarat over next five years: Mukesh Ambani” »
The Centre proposes requiring smartphone makers to share source code with the government and make several software changes as part of a raft of security measures, prompting behind-the-scenes opposition from giants like Apple and Samsung. The tech companies have countered that the package of 83 security standards, which would also include a requirement to alert…
Read More “Centre proposes smartphone makers to give source code in security overhaul” »
The Union Budget had pencilled in 2.13% growth in Customs receipts for FY26. File Photo | Photo Credit: Punam Devendra Dhok Kerala’s expectations from the Union Budget 2026-27 include a ‘Special Fiscal Correction Package’ to make up for “a severe resource gap of over ₹21,000 crore arising from the current year’s borrowing constraints,” the establishment…
Image used for representation | Photo Credit: Reuters India’s rice exports jumped 19.4% last year to the second-highest on record after the centre lifted all export curbs, making shipments more competitive, government and industry officials told Reuters on Saturday (January 10, 2026). An improved flow of rice from the world’s largest exporter of the grain…
Read More “Rice exports surge to near record in 2025 as curbs lifted” »
Techno Paints and Chemicals CMD Akuri Srinivas Reddy with Veteran Indian cricketer Sachin Tendulkar. | Photo Credit: Special Arrangement Techno Paints and Chemicals plans to file Draft Red Herring Prospectus (DRHP) for a ₹500 crore initial public offering (IPO) in 2026-27. The process is expected to be completed in the same financial year, CMD Akuri…
Read More “Techno Paints to file DRHP for ₹500 crore IPO in FY27” »
Due to low global prices and reduced discounts India reducing its oil imports from Russia may have limited impact in its fiscal. | Photo Credit: Reuters The prevailing low global oil prices mean that, if India chooses to shift away from importing Russian oil and switches to more oil from the U.S., the financial impact…
Read More “Shifting away from Russian oil imports currently won’t hurt India fiscally” »
Union Minister Piyush Goyal in conversation with EU Trade and Economic Security Commissioner Maroš Šefčovič, in Brussels on January 9, 2026. Photo: @PiyushGoyalX/ANI Photo Union Minister of Commerce and Industry Piyush Goyal concluded a two-day visit to Brussels on Friday (January 9, 2026), which marked a “decisive step” forward in the India-EU Free Trade Agreement…