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2 mins read

Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma

Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…

PTI   


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1 min read

Govt may relax 45-day payment rule for MSMEs in Budget 2024

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

PTI   


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YEIDA cancels allotment of 14 group housing projects due to non-payment of dues

Yamuna Expressway Industrial Development Authority (YEIDA) has cancelled the land allotment of 14 g…

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2 mins read

2 lakh college students in Punjab drop out due to non-payment of scholarships, says constitutional body

Around two lakh students from the Scheduled Caste category dropped out of college due to non-paymen…

PTI   


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5 mins read

Interest in government jobs is spiking due to their stability and cushy benefits

Government jobs have been trending on social media as employees seek stability amid mass layoffs an…

Ana Altchek   


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Seattle gave low-income residents $500 monthly payments with no strings attached. Some got new housing and employment rates nearly doubled.

A guaranteed basic income program pilot in Seattle gave 102 low-income residents $500 monthly. Empl…

Noah Sheidlower,Katie Balevic   


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India's forex reserve declined due to dollar appreciation: FM

She made the remarks while addressing the International Monetary Finance Committee (IMFC) during…

PTI   


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5 mins read

Late fees on credit cards rising — Know rules, charges and how to avoid them

Using a credit card comes with several advantages. You basically get an interest free loan for 45 d…

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The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation

India has cemented its position as a pioneer in developing and integrating digital infrastructure. …

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India's balance of payments shows improvement in Q1 FY24

One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…

ANI   


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3 mins read

Indian green power generators are gaining from more takers & timely payments

India’s green power generators have been gaining from increased payment discipline amongst state di…

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5 mins read

How 3 Ukrainian airlines are still flying despite the ban on civilian flights due to war

Ukrainian airlines have faced significant hurdles since the entire nation became an active warzone …

Taylor Rains   


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4 mins read

Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements

UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…

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2 mins read

Club Factory’s India sellers send legal notice to the e-commerce platform over non-payment of dues

Chinese e-commerce platform Club Factory, which was one of the apps banned by the Indian government…

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1 min read

BharatPe's FY22 losses swell after change in fair value of compulsory convertible preference shares

In FY21, the company had posted a net loss of ₹1,619.2 crore. Apart from the CCPS cost, the c…

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3 mins read

Delhi University vs Aam Aadmi Party — High Court declines to lift stay on payment of salaries

It said it will decide the application seeking vacation of stay only after hearing all the parties …

PTI   


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1 min read

RBI lifts business curbs imposed on American Express Banking Corp

The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Ba…

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2 mins read

These are the likely changes in digital payments as indicated by the RBI governor

In order to further boost financial inclusion, RBI will also be introducing a unified payments i…

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3 mins read

Biden's plan to give millions of student-loan borrowers who fell behind on payments a fresh shot at debt relief is working

The New York Fed found less than 1% of total student debt in the US is in default or delinquency in…

Ayelet Sheffey