Digital Financial News

On 27 February, India’s statistics ministry is expected to release the second of the three major macro-economic variables—retail inflation, GDP and Index of Industrial Production—currently being revamped. As with last month’s inflation number, the new GDP series will have a new base year (2022-23) and feature extensive changes in methodology and coverage to better reflect the state of our economy.Globally, decision-makers rely on economic statistics as a dashboard to frame policy.

The government has mandated a three-month buffer stock of medicines under the Central Government Health Scheme (CGHS), which covers 4.2 million beneficiaries across 81 cities, in a move aimed at tackling recurring shortages and potentially boosting medicine sales while also keeping an eye on quality, according to two government officials and documents reviewed by Mint.The policy was approved for adoption 15 January 2026. The CGHS Directorate is currently rolling out operational guidelines and updating its digital systems to facilitate real-time tracking and buffer stock management.The health and family welfare ministry's move comes in the backdrop of a growing number of complaints regarding medicine shortages and delayed service; with the Centre framing a comprehensive Drug Procurement Policy for the marquee health scheme.

Subscribe to enjoy similar stories. India’s banking regulator has asked digital payments facilitator the National Payments Corporation of India (NPCI) to look into rising complaints of erroneous UPI Autopay debits, three people aware of the matter told Mint. Users of the Unified Payments Interface—a real-time instant payment system developed by the NPCI—began reporting involuntary autopay mandates and an inability to cancel such recurring payments towards the end of 2025.

Subscribe to enjoy similar stories. DBS Bank India is looking to target India's rising ‘mass affluent’ base to become a true universal bank and stand out among its peers, who largely cater to companies and the super-rich, CEO Rajat Verma told Mint in an interview. Mass affluent refers to individuals who earn significantly more than the average consumer at around ₹30 lakh a year, but haven't yet reached ‘high-net-worth’ status.

Subscribe to enjoy similar stories. “First they ignore you, then they laugh at you, then they fight you, then you win." That quote is often attributed to Mahatma Gandhi, though the Indian independence leader never said it. To the crypto industry, the apocryphal phrase is a popular mantra.

Subscribe to enjoy similar stories. BENGALURU: ICE MT India Pvt. Ltd, a subsidiary of US financial services firm Intercontinental Exchange Inc., has opened a 193,053 sq.

Subscribe to enjoy similar stories. MUMBAI : Across Indian organizations, artificial intelligence (AI) has moved from pilot projects to the corner office.

After the rationalization of GST rates and amid festive-season demand, India’s currency in circulation (CiC) climbed to record-high levels in late 2025 and early 2026. In January, it touched ₹40 trillion. So far in 2025-26, CiC has increased by ₹2.76 trillion, 3.1 times the rise seen in the same period the previous year.Intriguingly, even as CiC has jumped, India continues to log record levels of Unified Payments Interface (UPI) transactions.

Subscribe to enjoy similar stories. Imagine owning a piece of a luxury apartment in Mumbai or a high-yield property in Pune with the same ease as buying a sachet of shampoo or a plate of dosa. This vision of "miniaturizing" wealth was in the spotlight at the Mint Money Festival 2026, held on 14 February in Mumbai.

Subscribe to enjoy similar stories. Global data centre capacity will more than double to 219 gigawatts (GW) by 2030, from 82 GW in 2025, as per global consulting firm McKinsey's estimates. Of this, 156 GW alone will come from artificial intelligence (AI)-related workloads.

Subscribe to enjoy similar stories. Credit score has evolved into a vital part of an Indian’s digital “DNA". That was the central message from Ramkumar Rajashekaran, whole-time director of CRIF Highmark, at the Mint Money Festival 2026.

Subscribe to enjoy similar stories. Legacy FMCG players, long dependent on general trade, are increasingly turning to quick commerce for growth. Quick commerce is still considered a niche and a pathway to growth and fame for premium, digital-first brands.

Subscribe to enjoy similar stories. Entertainment industry entities are launching new ventures and verticals that aim to either back films for the big screen or programming for streaming platforms even amid the risks of volatility in the movie business, plateauing OTT subscriptions and unsold content inventory. Entrepreneur Ananya Birla launched Birla Studios this month to produce films in Hindi, Gujarati and Malayalam, among other regional languages, and in English.

Subscribe to enjoy similar stories. Governments love global summits. They signal ambition, draw CEOs and leaders, and create the impression of shaping the future rather than chasing it.

Subscribe to enjoy similar stories. Companies from Levi Strauss & Co. to McCormick & Co., among others, say they are raising prices early this year on items from bluejeans and spices to housewares and industrial products.

Subscribe to enjoy similar stories. Mumbai: IIFL Finance Ltd will be conservative in expanding its gold loan book in the next financial year starting 1 April, as founder Nirmal Jain flagged risks to its largest growth driver from evolving regulations after a sharp surge in the prices of the precious metal. “...this risk is real and gold prices can be volatile.

Subscribe to enjoy similar stories. New Delhi: In a move to enhance transparency and curb corruption in India’s pharmaceutical regulatory process, the Union government is working on a plan to overhaul drug sampling and testing procedures, according to two officials and documents reviewed by Mint.

Subscribe to enjoy similar stories. NEW DELHI : Welcoming India’s new labour codes that have brought gig and platform workers under a formal social security framework, Amazon.com Inc. chief global affairs and legal officer David A.

Subscribe to enjoy similar stories. Last week, Amul launched Sarlaben, an AI-powered digital assistant for dairy farmers in Gujarat. It will benefit over 3.6 million milk producers, most of them women, across more than 18,500 villages.

Subscribe to enjoy similar stories. At the Mint Money Festival 2026, where several attendees gathered to hear leading investment and personal finance experts share insights on managing money, a panel discussion on ‘How to Invest in Mutual Funds in Today’s Environment’ offered timely guidance on where investors should be allocating their money, what they should avoid, and what returns they could they realistically expect from their mutual fund investments over the long term.

Subscribe to enjoy similar stories. MUMBAI : The banking hiring cycle has turned, as India’s top campuses are feeling the momentum again and premier engineering and business schools are humming. In the hushed corridors of the Indian Institute of Technology (IIT) campuses and the polished atriums of top business schools, recruiters from private lenders and foreign banks are back in force, testing and interviewing candidates, and handing out offer letters to the best fits.