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PAYMENT AND SETTLEMENT SYSTEMS
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
'Manager wants me to work after firing me': Employee locked out of every system without warning, then fired and asked to train his replacement the very next morningA remote worker in Texas, employed by a California company, was fired without warning and then asked to train their replacement. The employ...
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...
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...
Obama casts a long shadow as a hefty Iran bill lands on Trump’s deskIran seeks billions in frozen assets for a deal with the US. Trump previously criticized his predecessor, Barack Obama, for similar financi...
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...
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...
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...
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
ETtech Explainer: Why Google was fined Rs 30 lakh in Hindware trademark caseGoogle must pay Hindware 30 lakh rupees. The Delhi High Court ruled Google infringed on Hindware's trademark. Google is permanently stopped...
Retail central bank digital currency in circulation falls by 24% in FY26The value of retail central bank digital currency in circulation saw a significant drop of 24.08 percent in 2025-26. Despite this, the Rese...
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
Health services, medical education expansion to be driven by modern tech: Yogi AdityanathUttar Pradesh Chief Minister Yogi Adityanath reviewed health and medical education. He stressed improving treatment quality and expanding s...
Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
US Stock Market: Fed weighs new payment account framework amid crypto pushThe Federal Reserve proposed a new payment account category for fintech and crypto firms, offering limited access to central bank payment i...
Withdraw EPF through UPI soon as government completes testingEmployees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface...