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ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...
- Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...
- If AI Can Create Anything, How Do We Know What's Real?As generative AI makes it easier to create realistic images, documents, and digital content, organisations are investing in AI-powered frau...
- Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
- Maharashtra govt decentralises land approval powers to speed up projectsMaharashtra's government has boosted the powers of district collectors and divisional commissioners. This move aims to speed up approvals f...
- Promoter entities sell Rs 153 crore worth shares in Motilal Oswal block deal; HDFC Life picks up stakeTwo promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...
- Smartworks leases 400 seats to Japanese NBFC subsidiary in MumbaiManaged office provider Smartworks Coworking Spaces has secured a significant deal in Mumbai. A Japanese non-banking financial company's In...
- Rajesh Exports shares hit 5% lower circuit for third session on alleged Rs 15.15 lakh crore fraudRajesh Exports shares hit lower circuits for a third straight session after Sebi alleged massive revenue inflation and financial irregulari...
- 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...
- BSNL ordered to pay over Rs 55 lakh compensation to co-operative bank after duplicate SIM used to access OTPs in Rs 87 lakh fraudKarnataka high court has ordered BSNL to pay more than Rs 55 lakh in compensation and damages to a co-operative bank that lost over Rs 87 l...
- NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...
- RBI fines Canara Bank for violations related to KYC, inactive accountsThe Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...
- Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
- LIC shares slip after Sebi's crackdown on Rajesh Exports. What's the connection?Regulator Sebi has issued an interim order against Rajesh Exports and its promoter, Rajesh Mehta. The company faces allegations of signific...
- Rajesh Exports shares hit 5% lower circuit after Sebi says 97-99% revenue inflation. Check key detailsSebi has issued an interim order against Rajesh Exports and promoter Rajesh Mehta, alleging extensive financial irregularities and possible...
- Rajesh Exports: Sebi finds 97-99% revenue inflation, bars promoter from tradingRajesh Exports and promoter Rajesh Mehta face regulatory action after Sebi alleged large-scale financial misrepresentation and possible rev...
- PNB customer alert: PSU bank suspends MasterCard network activity linked to RussiaPunjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This...
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