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Digital payments in India to grow threefold—from 159 billion in FY24 to 481 billion by FY29: PwC
In terms of transaction value, the market is expected to nearly double during this period, expandin…
ANI
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.
Huileng Tan
Mumbai property market sees 8% surge in August; Rs1,072 crore stamp duty revenue marks 32%YoY growth: Knight Frank
The city has experienced its best eight-month period on record, with 96,601 property registrations …
ANI
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
Women are more likely to adopt digital financial services when introduced by local agents or women community influencers
Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…
ANI
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
Global M&A transaction value rises in first half of 2024 despite fewer deals: S&P Report
Global mergers and acquisitions (M&A) have seen a notable increase in total transaction value durin…
ANI
RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
HDFC Bank credit card rules change from today, all you need to know
HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…
Sensex, Nifty tumble after FM hikes STT on F&O
The NSE Nifty also ticked higher as the finance minister began the presentation of her 7th Unio…
PTI
I refuse to marry my long-term partner. A divorce taught me marriage is nothing more than a business transaction.
Jeannie Assimos married when she was 40 and divorced her ex-husband four years later. She vowed she…
Jen Glantz
MobiKwik gains market share, becomes largest Wallet player
MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…
PTI
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
SEBI tightens grip to combat market abuse in mutual fund, including front-running and fraudulent transactions
The Securities and Exchange Board of India (SEBI), the stock market regulator, has issued a circula…