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PAYTM PAYMENTS BANK CRISIS
PhonePe wallet inactivity fees do not affect bank accounts or UPI transactions- NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit card
- TMC crisis deepens: Dissidents seek probe into party funds, Aroop Biswas writes to bank to freeze Rs 675 crore account
- Singapore-based fintech company Aleta aims to expand operations into IndiaAleta Planet, a Singapore fintech firm, is set to enter the Indian market. The company will provide infrastructure for Visa debit cards, en...19 Jun, 2026, 01.56 PM IST
- PhonePe wallet inactive? You will now be fined for not using itPhonePe is now charging a Rs 100 quarterly fee for inactive wallets. This fee applies if users have not made any financial transactions thr...19 Jun, 2026, 12.18 PM IST
- Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...19 Jun, 2026, 09.32 AM IST
- Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh croreIndia's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from c...19 Jun, 2026, 12.52 AM IST
- TMC's Aroop Biswas writes to bank, seeks freeze on party's Rs 675 crore account amid leadership crisisA major crisis has hit the Trinamool Congress. Former treasurer Aroop Biswas has asked a private bank to freeze the party's Rs 675 crore ac...18 Jun, 2026, 09.54 PM IST
- AI music startup Tringbox raises Rs 5 crore in seed fundingTringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capital will fuel product and AI develop...18 Jun, 2026, 07.12 PM IST
- Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers sayThe Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...18 Jun, 2026, 01.23 PM IST
- PhonePe, Google Pay duopoly weakens as market share slips below 80%IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fe...17 Jun, 2026, 08.38 PM IST
- How a writer saved Rs 55,000 a year using 21 credit cards without paying interestA freelance translator uses 21 credit cards as a financial tool, saving Rs 50,000-55,000 annually by optimizing spending. Through meticulou...16 Jun, 2026, 03.32 PM IST
- China signs up 26 financial institutions to digital yuan cross-border payment platformThe agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...16 Jun, 2026, 01.37 PM IST
- Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 othersSunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also...16 Jun, 2026, 01.03 PM IST
- Quant Mid Cap Fund adds Adani Energy and 4 others, exits Paytm and 3 more stocks in MayQuant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other ...16 Jun, 2026, 10.55 AM IST
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...16 Jun, 2026, 07.00 AM IST
- RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...13 Jun, 2026, 02.22 PM IST
- Saturday bank holiday: Are banks open or closed today on June 13, 2026?Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physi...13 Jun, 2026, 07.00 AM IST
- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...09 Jun, 2026, 10.26 AM IST
- Citi leverages AI to transform payments, boost efficiency and enhance cross-border transactionsCiti is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-bo...08 Jun, 2026, 12.36 AM IST
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