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Bank holiday tomorrow, October 29: Are banks closed for Karwa Chauth? Check city-wise detailsBanks in India will generally remain open on Thursday, October 29, for Karwa Chauth celebrations. Only bank branches in Shimla, Himachal Pr...
Paytm targets one-third UPI market share as Sharma steps up consumer acquisitionPaytm currently accounts for about 8.1% of UPI transaction volumes, behind PhonePe's 45.6% and Google Pay's 32.2%, according to September d...
Digital payments mandatory for liquor purchases above Rs 1,000 in Tamil Nadu from November 1: Check what changesTamil Nadu’s state-run TASMAC will make digital payments mandatory for liquor purchases exceeding Rs 1,000 from November 1. Customers can p...
Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The...
Paytm’s Q2 profit jumps 10-fold to Rs 225 crore, revenue up 28%Revenue growth was in line with brokerage estimates, but net profit fell short of expectations. Brokerages had projected operating revenue ...
Talent, compute and R&D key to India's AI ambitions: ReportIndia will need to strengthen its talent pool, research and development (R&D) capabilities, computing infrastructure and data systems to tr...
Exclusive: Unacademy founders Gaurav Munjal, Roman Saini plan Rs 700 crore AI, deeptech fundThe fund, named Longshot Capital, has secured commitments of about Rs 300 crore and is targeting its first close in January 2027, following...
UPI handles nearly 80 crore transactions daily, says Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the impressive growth of India's digital payments ecosystem. The Unified Payments Int...
Real-time payments explained: How money moves between bank accounts in secondsReal-time payments allow money to move between bank accounts within seconds, making transactions faster and more convenient for consumers a...
UPI Payment failed or stuck? When banks must refund your money and pay ₹100 per day in compensationHave you ever faced a situation where a UPI payment was debited from your account but not received by the recipient? Discover the steps to ...
New account aggregator pricing may force lenders to redraft all tech pactsThese providers connect lenders to licensed account aggregators, which share bank records with customers' permission. TSPs supply software ...
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
UPI MDR rollout deferred beyond Diwali; date yet to be notifiedNPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...
Paytm, Pine Labs, Mobikwik shares crash up to 7% as UPI MPR fee rollout delayed beyond DiwaliShares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Di...
Paytm shares crash 10%, wipe off Rs 10,970 crore from m-cap. More pain ahead?Paytm shares crashed on Wednesday after reports suggested a possible delay in the rollout of UPI MDR. Analysts said the stock faces immedia...
UPI MDR rollout may be deferred beyond festive season to Jan 1; shares fall: ReportUPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates for Unified Payments Interface. T...
Paytm, Mobikwik, Pine Labs shares crash up to 10%. What’s behind the sharp plunge?Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech ...