Washington, June 13 (IANS) India’s innovation ecosystem has gained “tremendous respect” in Silicon Valley over the past five years, fuelled by a surge in startups, artificial intelligence (AI) ventures and global investment, entrepreneur and investor Shashi Tripathi told IANS ahead of the ‘Bharat Innovates 2026’ summit in France.”What India has done is phenomenal in many areas around AI, around technology, around overall innovations,” Tripathi said, adding that “the respect for India has gone up…
Latest FinTech News & Updates
Nairobi, June 12 (IANS) Indian High Commissioner to Kenya and Governor of Uasin Gishu County on Friday discussed opportunities for cooperation during the former’s visit to Eldoret “High Commissioner called on the Hon’ble Governor of Uasin Gishu County, Jonathan Bii Chelilim, during his visit to Eldoret,” the High Commission of India in Nairobi wrote on X.“Discussions pertained to opportunities for cooperation between India and Uasin Gishu county within the larger framework of India-Kenya…
Mumbai, June 12 (IANS) Ireland is “really, really positive” on the European Union-India free trade agreement, which is very much going to support and propel the two-way trade between the two sides, its Consul General in Mumbai, Patrick Duffy, said. “Essentially, we have agreed and created a free trade zone of two billion people. That’s an amazing achievement, and we can understand why leaders such as (European Commission) President Ursula von der Leyen and (Indian Commerce) Minister Piyush Goyal…
New Delhi, June 11 (IANS) The Ministry of Home Affairs has issued a fresh advisory warning about the growing misuse of Artificial Intelligence (AI) by cybercriminals to create highly convincing deepfake videos and synthetic identities aimed at compromising financial and digital ecosystems. According to the advisory issued by the National Cybercrime Threat Analytics Unit (NCTAU) under the Indian Cyber Crime Coordination Centre (I4C) of the Home Ministry, cyber fraudsters are increasingly leveragi…
Bengaluru, June 9 (IANS) India is projected to see average salary increments of 8.6 per cent to 10.2 per cent in FY27, underpinned by sustained demand for skilled and execution-focused talent, a report showed on Tuesday.TeamLease Services’ latest report highlights a stable yet differentiated salary outlook across industries this fiscal. High-growth industries are expected to register salary increments in the range of 9.6 per cent to 10.2 per cent, led by EV and EV Infrastructure, FinTech, Heal…
Washington, June 4 (IANS) The Trump administration signalled on Wednesday that it intends to position the United States as the global leader in digital assets and cryptocurrency innovation, a move that could have implications for India and other major economies still grappling with the regulation and taxation of the rapidly evolving sector. Appearing before the Senate Finance Committee to discuss the administration’s fiscal year 2027 budget request, Treasury Secretary Scott Bessent outlined plan…
Kathmandu, May 29 (IANS) Nepal’s Finance Minister, Swarnim Wagle, on Friday announced major tax relief measures targeting the middle class, mirroring steps taken by the Indian government in February 2025. Presenting a budget of NPR 2.124 trillion for the fiscal year 2026-27 at a joint session of Parliament, Minister Wagle said the government has raised the income tax exemption threshold for individuals to NPR 1 million. Currently, individuals earning more than NPR 500,000 annually are required t…
Gandhinagar, May 22 (IANS) Union Finance Minister Nirmala Sitharaman on Friday said India offers a unique blend of scale, technology, talent and growth opportunities through GIFT City, as she chaired a high-level review meeting on the progress of the country’s flagship international financial hub.During the meeting, presentations were made on the progress achieved by GIFT City across sectors including banking, capital markets, fund management, insurance and reinsurance, aircraft and ship leasi…
New Delhi, May 22 (IANS) India’s start‑up ecosystem has entered a phase of “cautious growth” with an active initial public offering pipeline with 70 to 120 start‑ups expected to get listed by 2030, a report said on Friday. The report from professional services firm Aon said start‑ups are likely to deliver an average salary increase of 9.7 per cent in 2026, reflecting a moderation from earlier peaks but still remaining competitive in attracting critical talent.In January 2026, 23 star…
New Delhi, May 20 (IANS) Union Finance Minister Nirmala Sitharaman and US Ambassador to India Sergio Gor discussed deepening the India-US economic and financial partnership, including collaboration in the fintech sector, investment opportunities and bilateral cooperation, the Finance Ministry said on Wednesday.According to the ministry, the two sides held discussions on strengthening collaboration in the fintech sector, expanding investment opportunities and enhancing bilateral cooperation betwe…