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2 mins read

UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…

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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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2 mins read

What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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3 mins read

Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier

Russia is facing so many issues with its international trade payments that it's shifting its previo…

Huileng Tan   


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2 mins read

Putin's dollar problem is on clear display at the BRICS summit, starting with the moment guests land at the airport

Mastercard and Visa halted operations in Russia. Most Russian banks only take US dollars or euros t…

Huileng Tan   


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2 mins read

RazorPay acquires digital invoicing and customer engagement platform BillMe to empower businesses and customers

Razorpay, a payments and banking platform for businesses, has acquired BillMe, a Mumbai-based start…

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5 mins read

Countries from Russia to China are building payments systems that could threaten the dollar's global dominance

Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…

Huileng Tan   


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5 mins read

Triller is finally a public company after years of false starts. Here's its pitch to investors.

Creator and marketing company Triller went public on the Nasdaq via a reverse merger with a Hong Ko…

Dan Whateley   


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2 mins read

Nearly all Chinese banks are refusing to process payments from Russia, report says

Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…

Huileng Tan   


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4 mins read

Gen Z, here's how to craft the best retirement plan starting now: 4 financial experts share their best tips and tricks

Retirement is decades away for Gen Z, but the earlier you start saving the better. Here's how to st…

Christine Ji   


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3 mins read

Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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2 mins read

RBI MPC meet – Cheque clearing time reduced, UPI limit increased for tax payment

Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting…

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4 mins read

I was laid off and forced to retire in my 50s. I wish I'd started planning sooner, but my investment portfolio helped — and life is good.

A veteran was laid off and forced to retire in his 50s. He and his wife made several strategic move…

Chris Mott   


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1 min read

The Supreme Court declined to allow cheaper student-loan payments for 8 million borrowers through Biden's new repayment plan

The Supreme Court said a lower court ruling blocking cheaper student-loan payments through the SAVE…

Ayelet Sheffey   


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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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4 mins read

I gave up my successful career and moved to Texas to care for my grandmother with dementia. It was the only option for us.

At 45 Veronica Shanklin left her marketing career and moved back home. She took care of her grandmo…

Jane Ridley   


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5 mins read

Things are looking up for the economy. So why are consumers still unhappy?

US consumers' confidence in the economy has dropped over finding another job. But new payroll data …

Dan DeFrancesco   


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5 mins read

A peak boomer fears she can't retire with $2,000 Social Security payments — and may have to move in with her sons

Becky Davenport, 61, fears she may never retire and might need to move in with her children — a fea…

Noah Sheidlower   


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2 mins read

China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned

Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.

Huileng Tan   


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6 mins read

Before people rush to Montreal to live their best life, they should know my city's beautiful veneer is starting to crack

I've raised my family in Montreal, so I know how lovely it can be. But our city is also dealing wit…

Helen Wolkowicz