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Transaction banking in India is undergoing significant changes, with treasury management becoming more strategic. Bank of America is focusing on providing globally consistent and locally relevant solutions in this market. Indian banks are competitive locally, but global banks are preferred for international transactions. Real-time treasury solutions are not universally demanded; instead, "On-Time Treasury" that optimally manages processes is favored.

India's central bank surplus transfer to the government will help it maintain fiscal prudence but it is unlikely to cut fuel taxes now, said Upasna Bhardwaj, a senior economist at Kotak Mahindra Bank. With disinvestment revenues posing a risk, higher subsidy payments, if any, would be cushioned by the RBI dividend, Bhardwaj said.

Yudiz, a blockchain, AI and gaming-focussed technology company, plans to go public in the coming weeks and aims to spend Rs 12.31 crore to buy gaming industry companies in India, Canada, the US and Europe. The company aims to build a gaming studio and produce a minimum of 40 games per year. Yudiz has a turnover of Rs 27.8 crore, and the gaming studio is expected to make up 50% of revenues.

Endefo, an electronics brand owned by the Ashtel Group of Companies, is looking to expand its footprint in India, increase R&D and product development in the country. Endefo aims to manufacture everything in India and be part of the Make in India initiative. The company plans to launch smartwatches, TWS, soundbars and portable speakers by the end of this year, with a focus on quality and affordability to target all categories of buyers.

Senco Gold, a jewelry retailer in India, plans to expand its footprint across the country, particularly in the east and north regions. The company believes that government regulations and changing demographics are helping organised players gain market share. The proceeds from its recent initial public offering will be used for working capital and corporate purposes, including branch expansion and inventory.