As 2025 draws to a close, it leaves behind a year that reshaped how Indian enterprises understand vulnerability, resilience and strategic preparedness. This was the year when risk ceased to be a category and became a continuum. Corporate India confronted a series of shocks that were not extraordinary in isolation, but deeply consequential because of…
Airpay Payment Services has secured authorisation from the Reserve Bank of India to function as a cross-border payment aggregator, completing its approvals under the central bank’s unified payment aggregator regime. With permissions now covering online (PA-O), offline (PA-P) and cross-border (PA-CB) categories, the Mumbai-headquartered firm enters a select group of payment players offering full-spectrum aggregation…
For much of corporate history, liquidity risk was understood in traditional financial terms. It reflected access to funding, exposure to market volatility or the ability to roll over debt in stressed conditions. Treasury operations, while important, were rarely viewed as sources of systemic fragility. That assumption no longer holds. The shift to real-time payments, digitised…
For much of the past three decades, supply chain risk was treated as an efficiency problem. Optimise sourcing, minimise inventory, compress transit times. Resilience was assumed to follow scale and globalisation. Recent years have dismantled that belief. Across the world, climate volatility, geopolitical realignment and corridor concentration are reshaping how risk manifests in supply chains….
