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Russia distances itself from the US dollar further as it moves to trade oil with India using the UAE's local currency: report
Russia is insulating itself from Western sanctions as it trades oil in currencies other than the do…
Phil Rosen
The UAE and India are in talks to use rupees to trade non-oil commodities in shift away from US dollar, report says
The move would build on an agreement signed in 2022, which aimed to increase trade excluding oil be…
Brian Evans
Over 200 million UPI transactions were done each day in July 2022
There has been a constant month-on-month increase in UPI transactions over the years and the…
Mastercard and Visa dive deeper into the biometric payments space with new partnerships
Mastercard and Visa struck new deals in the biometrics space, which is expected to be worth $82.8 b…
Adriana Nunez
INTERVIEW: With a partner like Mukesh Ambani's Jio, Infibeam expects to hit $100 billion in online transactions in the next 5 years
The Ahmedabad-based fintech company, Infibeam Avenues, is looking to expand its relationship with…
IPL 2020 gets another startup sponsor – Kunal Shah’s CRED is now an official partner
Launched in November 2018, the credit card payments startup has been in the news for its f…
Infibeam Avenues expands digital payments biz to US
"US market presents a trillion dollar digital payments processing opportunity. As part of our visi…
PTI
Stripe, the most valued startup in the US, to offer payment services to India’s merchants after its latest fundraise
US-based payments startup Stripe is making headlines all around the world after its latest fundrais…
MobiKwik marks its global foray, enables international recharge in 150 countries
The international recharge feature is live in countries in the Middle East, Asia Pacific, Europe…
Jet Airways’ desperate search for a new investor takes it to the US, Singapore and UAE
Under the airline’s resolution plan, a consortium of banks, led by SBI, will conver…
GST may make operational costs of airlines in India costlier
Operating in a highly competitive market where the margins are wafer thin, airlines are in …
Trump Jr. reportedly met with an emissary for Saudi Arabia and the UAE who offered to help Trump with the 2016 election
Zamel's lawyer said his client was never involved with the election campaign, and Trump Jr.'s lawye…
Daniel Brown
When Fitness Meets Finance
As more and more devices – an oft-quoted estimate says 50 billion by 2020 – connect with each other…
Gold imports dip 4.23% to $12.64 billion in Apr-July 2024
In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…
PTI
I'm a matchmaker for ultrawealthy men and charge up to $350K for my services. I give all my clients the same advice.
Christiana Maxion is a matchmaker for ultra-high-earning men and charges up to $350K for her servic…
Tess Martinelli
RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…
ANI
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
Mumbai: ED seizes ₹37 crore worth deposits, cash in Ponzi case
Dalal "absconded" with this money after giving initial returns. It has been gathered that Dala…
PTI
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
Putin wants to strengthen a big challenger to Western dominance
BRICS is expanding, with Thailand and Malaysia recently expressing interest to join the bloc.