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DEPARTMENT OF PAYMENT AND SETTLEMENT SYSTEMS
Visa and Mastercard $38 billion swipe fee settlement gets preliminary approval after 20-year legal battle - what it means for merchants, credit card fees and consumersVisa Mastercard swipe fee settlement explained: A major legal battle over credit card swipe fees has advanced. A US district judge has give...- KIADB to digitise land management process in 100 days, says minister PatilKarnataka's Industries Minister M B Patil announced a 100-day deadline for digitizing the entire land management and plot allotment process...
- Vijay Rupani's daughter urges Air India to drop compensation waiver requirementAir India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right ...
- Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rightsAir India, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the AAIB report...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- In 1967, an archaeologist’s spade bit into volcanic ash on Santorini, and Akrotiri emerged like a Bronze Age time capsuleAn extraordinary archaeological discovery in Akrotiri, Santorini, has unveiled a hidden prehistoric metropolis. Entombed under layers of vo...
- 8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
- Court allows ED access to SFIO documents in CMRL-Exalogic money laundering caseA court has granted the Enforcement Directorate access to documents from the Serious Fraud Investigation Office. These documents are crucia...
- Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
- FirstCry ordered to pay Rs 50,000 compensation to customer for tagging him 'fraud' after he cancelled tricycle orderA consumer commission has ordered FirstCry to pay Rs 50,000 compensation. The online retailer cancelled a customer's order without reason. ...
- Facebook privacy settlement checks coming from June 9 - here’s who qualifies, how much you’ll get and everything you need to knowFacebook user privacy settlement: Facebook users who previously cashed their initial privacy settlement payment are now eligible for a seco...
- Nashik Kumbh Mela 2027: Maharashtra government approves Rs 2,267 crore to acquire 191.21 acres of landThe Maharashtra government has allocated Rs 2,267 crore toward acquiring land for the Sadhu Gram initiative. This area will be used for hos...
- Arunachal govt sets up 4 panels on infiltration, indigenous rights issuesArunachal Pradesh Chief Minister Pema Khandu announced four high-powered committees. These panels will examine infiltration issues and stre...
- Senate rejects first effort to bar Trump from creating $1.8 billion settlement fundSenate Republicans are facing challenges in passing funding for President Donald Trump's immigration agencies. Democrats are pushing for vo...
- Tokenisation could be the next big upgrade to India's market plumbingTokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's finan...
- RBI announces UPI launch in Cambodia: What it means for Indian tourists & businessesUnified Payments Interface (UPI) services are now live in Cambodia, enabling Indian travelers to make QR code-based payments. This collabor...
- CBSE Chairman transferred amid OSM controversy: All about IAS officer Rahul SinghThe Centre has transferred CBSE Chairman Rahul Singh and Secretary Himanshu Gupta, initiating an inquiry into the procurement of On-Screen ...
- Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
- UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...
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