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In a significant move, the Reserve Bank of India (RBI) has recently unveiled a draft framework, outlining the pivotal roles, governance standards, and eligibility criteria for establishing a self-regulatory organization (SRO) tailored for fintech companies. This proactive step prompts us to ponder the crucial question – why is such...
In a strategic move to fortify its maritime interests, India is gearing up to establish its own Protection and Indemnity (P&I) entity, aptly named India Club. This initiative aims to offer comprehensive third-party maritime insurance exclusively for Indian ships operating in the nation's coastal regions and inland waterways. While...
Every Friday, Plain Facts takes a comprehensive dive into the data landscape, offering readers a chance to explore the week's news stories through the lens of numbers and statistics. This week's data recap highlights the significant growth in Goods and Services Tax (GST) collections, explores the trends in car...