Centre forms working group for base revision of WPI; Niti Aayog's Ramesh Chand to headThe Centre has set up a Working Group to revise the base year of Wholesale Price Index (WPI) from 2011-12 to 2022-23, headed by Professor R...
02 Jan, 2025, 03.15 PM IST
Ankurit Capital leads $3 million investment in fintech startup OmniCardOmniCard, a business spend management startup, raises $3 million in Pre series A round led by Ankurit Capital and Taisys.
17 Jul, 2024, 05.21 PM IST
Don’t pop that pill daily: Doctors red-flag proton pump inhibitors used to treat acid reflux, heartburnsThe reason for the popularity of PPIs among doctors and patients is not tough to gauge. With unhealthy lifestyles and dietary habits, acidi...
25 May, 2024, 11.00 PM IST
UPI rule change: Soon use money in PhonePe, Amazon Pay, any wallet to pay via Paytm, other UPI apps; check RBI new ruleUPI rule change for PPIs: Currently, money in your prepaid wallet (like PhonePe) can only be used for UPI transactions through the app offe...
10 Apr, 2024, 07.37 PM IST
RBI allows prepaid wallets, cards without KYC, to pay for rail, metro, bus, toll, parking; how it worksMetro, bus, train, waterways, tolls, and parking services can now be paid digitally through prepaid wallets and cards, thanks to RBI's appr...
23 Feb, 2024, 04.37 PM IST
Purpose specific prepaid e-RUPI vouchers can now be issued for individuals by PPIse-RUPI is basically a digital voucher which a beneficiary gets on his phone in the form of an SMS or QR code. It is a pre-paid voucher, whi...
09 Jun, 2023, 12.33 PM IST
LazyPay updates terms to comply with RBI orderThe buy-now-pay-later (BNPL) service asked customers in a message on Thursday to accept the terms, failing which all transactions would be ...
30 Jun, 2022, 08.24 PM IST
RBI making life tougher for fintech firms: reportAccording to a Macquarie report, the RBI regulation allows banks to speed card acquisition while reducing competition.
22 Jun, 2022, 11.42 AM IST
Non-banks can't load credit lines on prepaid payment instruments, says RBIThis diktat by the banking regulator is being seen as an effort to clampdown on card fintech and firms operating as neo-banks who have tied...
21 Jun, 2022, 02.09 PM IST
RBI grants PPI authorisation to Eroute TechnologiesThe Noida-based firm said the RBI authorisation will enable it to launch its payment solutions at scale independently unlike neo banks and ...
12 May, 2021, 05.06 PM IST
Cardmakers' order books swell on government, RBI push for debit and credit cardsWhile bigger banks are driving the major demand, even smaller co-operative banks have placed orders for plastic cards.
05 Dec, 2016, 07.09 AM IST
Rupee needs to depreciate more: Chetan Ahya, MD, Morgan Stanley"I do not think that the rupee on its own deserves this kind of appreciation. It is basically a reflection of the dollar weakness," says Ch...
06 Apr, 2016, 04.32 AM IST
RBI should allow fund transfer between m-wallets, says NPCI’s HotaAP Hota, MD & CEO of NPCI indicated at the sideline of announcing a tie-up with RS Software as their back-end technology partner for UPI.
24 Jul, 2015, 03.51 AM IST
Sun Pharma’s Sudhir Valia joins payments bank race; to pick up 51% in Pay Point India NetworkValia confirmed he is investing in Pay Point but said the terms were subject to it getting the licence. He didn’t disclose how much he woul...
10 Feb, 2015, 04.00 AM IST
- Experts' take On money trends for the week
Experts' take on money trends for the week.
18 Jan, 2010, 05.16 AM IST
- Worst may not be over for Asia, says Citi's Rosgen
Next year will be the beginning of a U-shaped global economic recovery, with growth rates for all major countries starting to look up again.
25 Jun, 2009, 01.45 AM IST
- Liquid lounge: Credit's in demand but drying up
The mid-term policy announced by RBI remains optimistic on growth, but at the same time, has sounded caution with respect to the perceived ...
27 Oct, 2004, 12.12 AM IST