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    March 10, 2026
    Digitalisation for Inclusive Finance and Sustainability: Priorities for the Next Phase - Valedictory Address by Shri Swaminathan J, Deputy Governor, R...
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March 10, 2026
Digitalisation for Inclusive Finance and Sustainability: Priorities for the Next Phase - Valedictory Address by Shri Swaminathan J, Deputy Governor, Reserve Bank of India at the CAB–NIBM International Conference on Digitalisation for Inclusive Finance and Sustainability, in Pune on March 6, 2026
Show AI Summary
Digital finance confidence architecture must secure resilience, accountability, data discipline and dignified inclusion for users.
Scaling trusted digital finance depends on a four-part confidence architecture: security and resilience via cybersecurity and business continuity; clear accountability and effective, time-bound grievance redress; strict data discipline with purpose limitation, minimal collection, secure storage and meaningful consent; and inclusion with dignity through accessible design for the least technologically comfortable users. Robust digital public infrastructure and interoperability require governance with clear standards, reliable uptime, auditable processes and proportionate safeguards.
March 10, 2026
Bajaj Finance Makes Smart Borrowing Accessible with Personalised Loan Solutions and Attractive Interest Rates
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Unsecured personal loan access expanded with tailored rates and flexible tenures enabling faster digital disbursals for eligible borrowers.
Bajaj Finance provides unsecured personal loans via a fully digital process with rapid disbursal, offering amounts across a wide range and repayment tenures of 12-96 months. Interest rates are set according to income, employment category, CIBIL score, repayment history, and existing liabilities, targeting lower total borrowing costs for stronger credit profiles. The product requires no collateral or guarantor and is available to eligible Indian salaried and self employed residents who meet the lender's credit and underwriting criteria.
March 10, 2026
Bribe means acquiring proceeds of crime, says Bombay HC; refuses relief to ex-civic official
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Taking a bribe constitutes acquisition of proceeds of crime under the PMLA; recoveries of unaccounted cash, jewellery and related incriminating material together with witness statements provided a prima facie foundation for the Enforcement Directorate to treat those assets as proceeds of crime, while the quantification of proceeds may vary as the investigation continues and investigators followed established procedural steps in pursuing the probe.
March 10, 2026
Govt eases FDI norms for China, other countries sharing land border with India: Sources
Show AI Summary
FDI norms eased for countries sharing land borders, relaxing prior mandatory approval requirements for foreign investments.
The government amended Press Note 3 of 2020 to ease FDI rules for companies from countries sharing a land border with India by relaxing the prior requirement for mandatory government approval of investments by foreign companies with shareholders from those countries, thereby altering the investment screening and approval framework for such entrants.
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India aims to make its intellectual property approval system globally competitive by enhancing speed, transparency and efficiency through recruitment, technology upgrades and backlog reduction; it proposes fast track mechanisms and substantial fee concessions to improve access for startups, women entrepreneurs and micro and small enterprises while strengthening the broader innovation ecosystem via school innovation labs, incubation models and stakeholder engagement.
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Free Trade Agreements expand market access for pharmaceutical, healthcare and medtech sectors, requiring industry uptake and integrated healthcare ecosystems.
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Free Trade Agreements expand market access for MSMEs, prompting quality-led growth and adoption of AI and digital tools.
Free Trade Agreements expand market access for MSMEs into developed markets but require a shift to quality-led growth because FTA coverage raises product quality expectations and duty concessions do not permit substandard goods. The statement emphasizes technology and AI adoption to improve MSME productivity and decision-making, and outlines targeted support for women entrepreneurs through digital commerce onboarding initiatives and an Assist Cell providing mentorship, funding, marketing and technology guidance to enable scaling and sustainability.
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Show AI Summary
Voluntary compliance: SAKSHAM NUDGE urges restaurants to update returns under Section 139(8A) to rectify filings.
The Income Tax Department used AI-enabled transactional analytics to detect widespread under-reporting in the Food & Beverage sector, conducted an on-site survey that revealed significant sales suppression, and has launched the SAKSHAM NUDGE campaign to encourage identified restaurants to file updated returns under Section 139(8A) while investigations continue.

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Govt eases FDI norms for China, other countries sharing land border with India: Sources

March 10, 2026

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New Delhi, Mar 10 (PTI) The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said.

They said press note 3 of 2020 has been amended in this regard.

The decision was taken in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi.

Under this press note, foreign companies having shareholders from these countries required mandatory government approval for investments in India in any sector.

Countries that share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar, and Afghanistan.

China stands at the 23rd position with only 0.32 per cent share (USD 2.51 billion) in the total FDI equity inflow reported in India from April 2000 to December 2025.

Ties between the two countries nosedived significantly following the fierce clash in Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades.

Following these tensions, India banned over 200 Chinese mobile apps like TikTok, WeChat, and Alibaba's UC browser.

Though India has received minimal FDI from China, bilateral trade between the two nations has grown multi-fold.

China has emerged the second-largest trading partner of India.

In 2024-25, India's exports to China contracted 14.5 per cent to USD 14.25 billion as against USD 16.66 billion in 2023-24. Imports, however, rose 11.52 per cent in 2024-25 to USD 113.45 billion against USD 101.73 billion in 2023-24. The trade deficit was widened to USD 99.2 billion in 2024-25 from USD 85 billion in 2023-24.

During April-January 2025-26, India's exports to China rose 38.37 per cent to USD 15.88 billion, while imports rose 13.82 per cent to USD 108.18 billion. Trade deficit stood at USD 92.3 billion. PTI RR TRB TRB

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