The commerce ministry in India is expected to seek an extension of the interest equalisation scheme for five more years in the upcoming Budget. This scheme assists exporters in obtaining competitive rupee export credits, particularly benefiting MSMEs during challenging economic times. Exporters and organizations like FIEO are supporting the extension, emphasizing its importance for maintaining competitiveness.

Ingram Micro promotes Sanjib Sahoo to president of global platform group
https://timesofindia.indiatimes.com/business/india-business/ingram-micro-promotes-sanjib-sahoo-to-president-of-global-platform-group/articleshow/117243386.cms

Sanjib Sahoo has been promoted to President of Ingram Micro’s Global Platform Group, continuing to develop the B2B technology platform, Xvantage. Previously the executive vice president and chief digital officer, Sahoo's new role focuses on enhancing real-time interactions and reducing transaction friction, supporting Ingram Micro's goal of becoming a platform company.

RBI rejigs portfolios of deputy governors as MD Patra's term ends
https://timesofindia.indiatimes.com/business/india-business/rbi-rejigs-portfolios-of-deputy-governors-as-md-patras-term-ends/articleshow/117243863.cms

The Reserve Bank of India has reallocated the responsibilities of its deputy governors following the end of Deputy Governor Michael Debabrata Patra's extended term. M Rajeshwar Rao will now handle the monetary policy department among other key departments, while T Rabi Sankar and Swaminathan Janakiraman are assigned to various departments as part of the reshuffle.

RBI redistributes portfolios as Patra retires as dy guv
https://timesofindia.indiatimes.com/business/india-business/rbi-redistributes-portfolios-as-patra-retires-as-dy-guv/articleshow/117247612.cms

RBI looks to retain stance on rupee amid volatility
https://timesofindia.indiatimes.com/business/india-business/rbi-looks-to-retain-stance-on-rupee-amid-volatility/articleshow/117247729.cms

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend the Indian currency.

E-commerce emerges as top paymaster in 2024
https://timesofindia.indiatimes.com/business/india-business/e-commerce-emerges-as-top-paymaster-in-2024/articleshow/117247859.cms

In 2024, the internet and e-commerce sector led in pay across all levels, with top executives earning an average of Rs 37 lakh. Professional services, business consulting, and media closely followed. Healthcare topped senior and middle-level pay due to digital integration and job growth. Bengaluru emerged as the top talent hotspot, while Mumbai excelled in senior-level salaries. Tier-2 cities Bhopal, Mysore, and Kanpur showed impressive growth in junior-level roles.

Sebi proposes compulsory demat share issuance during stock-split
https://timesofindia.indiatimes.com/india/sebi-proposes-compulsory-demat-share-issuance-during-stock-split/articleshow/117247960.cms

SEBI proposes issuing only demat shares during share splits, consolidations, and corporate restructuring to eliminate risks tied to physical certificates. A consultation paper highlights demat's advantages like fraud prevention and increased transparency, aiming for mandatory dematerialisation of securities. Public comments are invited until February 4.

Pharma, med-tech seek sops to boost research
https://timesofindia.indiatimes.com/business/india-business/pharma-med-tech-seek-sops-to-boost-research/articleshow/117248084.cms