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PPI BENEFITS
AI demand to keep memory tight through 2027, chipflation to squeeze consumer hardware and cloud costsMemory storage is set to remain a structural bottleneck through 2027 as AI demand continues to absorb Dynamic Random-Access Memory (DRAM), ...- India to unveil broader gauge for inflation in data revampIndia is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and servi...
- India industrial output grows 4.9% in April as new IIP series shows manufacturing-led recoveryApril marked a significant milestone for India's industrial landscape, showcasing a 4.9% increase in production. The manufacturing sector w...
- US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to ChinaUS stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...
- Social Security is running out of cash — these radical fixes could be the last hopeSocial Security may soon run out of money, and experts are suggesting new ways to save it. Some want limits on benefit increases, while oth...
- Prepaid cards carving out their own niche in the new age of UPIAccording to data released by the Reserve Bank of India, the number of PPI cards rose 10.7% to 483 million as on June 30, 2025 from 436 mil...
- Wall St muted as hot PPI keeps smaller rate cut in view; Moderna slumps 17%Wall Street's main indexes were subdued at the open on Thursday as a hot producer prices reading kept a smaller 25-basis point interest rat...
- 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...
- Can you use Paytm card for metro, bus travel after March 15? Recharge, balance transfer other queries explainedThe Reserve Bank of India has extended Paytm Payments Bank's wind-down deadline by 15 days to March 15, 2024, considering customer needs am...
- US economy cooling in first quarter; inflation appears stickyU.S. retail sales rose 0.6% in February, core unchanged. Producer prices jumped 1.6% annually. Weekly jobless claims fell to 209,000. Fed u...
- Why Ajay Bagga believes Nifty will hit 22,500 next week amid global economic optimism“Japan's Nikkei approached a lifetime high, nearly reaching 40,000, while the US markets saw the Nasdaq hit a lifetime high for the first t...
- 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...
- RBI making life tougher for fintech firms: reportAccording to a Macquarie report, the RBI regulation allows banks to speed card acquisition while reducing competition.
- China stocks end at over 2-month high on consumer, healthcare boost; Shanghai Composite closes nearly 1% higherThe blue-chip CSI300 index rose 1.5 per cent, to 5,184.99, its highest closing level since March 5, while the Shanghai Composite Index adde...
- RBI increases time allowed for converting minimum KYC PPI into full KYC PPITo complete full KYC, you need requires an in-person verification with your PAN card and proof of address.
- Indian-origin founder of US-based hedge fund firm convicted for over $100 million securities fraudAnilesh Ahuja, also known as Neil, was the founder, CEO and chief investment officer of the Premium Point Investments LP (PPI), an investme...
- RBI to benchmark India's payment systems against global standardsIn a statement, the RBI said that efficient payment systems are indispensable to the functioning of financial markets, reduce costs of exch...
- RBI issues consumer protection rules for mobile wallets: Users liability limitedIf an unauthorised transaction takes place from the customer's mobile wallet due to the negligence of PPI issuer, then, in that case, the c...
- IndusInd Bank partners with Mobikwik for a cobranded wallet applicationUnder this partnership, it is believed that common customers will also get the benefit of UPI for purchases at Mobikwik merchants and peer ...
- RBI calls for strengthening of business correspondent modelReserve Bank of India has called for the strengthening of the business correspondent model to improve quality delivery of financial service...
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