Banks all geared up to launch India’s first retail digital currency

Banks are working on facilitating inter-banking transactions to aid the new digital currency. Banks are in the process of updating their systems to facilitate transactions in the new digital currency. The banks have focused on enabling this system to current account holders like business people first, as their transaction volume is large. Pooja Chawla, Deputy […]

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Easy to lay off workers

The job security of informal workers could decrease as industries would not need permission from the government to lay off workers. The new labour reforms allow factories with fewer than 300 workers to lay off their employees without permission from the government. Previously, factories with over 100 workers would need consent from the government before […]

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