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UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...- NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
- India set to hike biogas prices, subsidies under new programIndia is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies wi...
- 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...
- ATM cash loaders demand more money to cover increasing expensesCash logistics firms are urging banks for higher ATM replenishment fees due to escalating operational costs. Soaring fuel prices and increa...
- Fertilisers stock comfortable to meet requirement of Kharif sowing season: GovtIndia's fertilizer supply for the upcoming Kharif season is secure. The Centre confirmed comfortable stock levels, exceeding usual requirem...
- Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...
- IBA calls for 10 pc fermented organic manure blending with fertilizers to save $2 bn importsThe Indian Biogas Association proposes a 10% mandatory blending of fermented organic manure with chemical fertilizers by 2030, aiming to sa...
- IBA seeks 10% compulsory fermented organic manure blending target by 2030India's soil health is set to improve with a new proposal for Fermented Organic Manure (FOM). The Indian Biogas Association suggests a phas...
- Fin services secy warns banks of mythos risksFinancial services secretary M Nagaraju warned the banking community about the potential risks posed by Anthropic's Mythos AI model. He emp...
- Beware! Finance Secretary Nagaraju warns banks about risk from MythosIndian financial authorities are alerting banks to the significant risks from advanced AI models. Secretary M Nagaraju highlighted the pote...
- Padma Doree textile debuts in New Delhi featuring 13 designersThe event highlighted the collaborative potential of India's diverse textile heritage, featuring artisans and designers from Madhya Pradesh...
- Enormous octopuses dominated Earth's prehistoric seas over 100 million years agoAncient oceans were once ruled by enormous octopus relatives. New research reveals these early creatures were massive, dominant hunters. Fo...
- FM Nirmala Sitharaman flags AI cyber threat, asks banks to actFinance Minister Nirmala Sitharaman has directed the Indian Banks' Association to help banks combat emerging cybersecurity threats from Ant...
- Govt forms panel under SBI chief C S Setty to assess Mythos-related risksUnion Finance Minister Nirmala Sitharaman announced a panel led by SBI Chairman C S Setty to assess risks from AI platform Mythos and devis...
- FM Sitharaman says Indian banks must build new defences as AI threats grow, West Asia crisis watched closelyIndian banks face new artificial intelligence cyber threats. Finance Minister Nirmala Sitharaman urged a proactive approach. Banks will col...
- Finance Ministry asks PSBs to complete wage revision process in next 12 monthsPublic sector banks must begin wage revision talks for employees and officers. Negotiations for the 13th Bi-partite settlement are to be fi...
- Consumption sustaining growth; predictable support essential for GDP expansion: FMUnion Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...
- ‘Kraken-Like’ giant octopuses as large as semi-trucks ruled oceans 100 million years ago, study findsNew research reveals giant octopuses were powerful ocean predators around 100 million years ago. These creatures, some reaching 19 meters, ...
- AI-driven credit, underwriting & collections to be banking disruptorsOn overall credit expansion, the survey said lenders are positive and anticipate continued momentum in non-food credit. The survey, which c...
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