Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...
11 Jun, 2026, 02.07 PM IST
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
11 Jun, 2026, 07.04 AM IST
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
11 Jun, 2026, 06.00 AM IST
RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
11 Jun, 2026, 01.02 AM IST
RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
11 Jun, 2026, 12.55 AM IST
Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platformAdani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's l...
09 Jun, 2026, 03.16 PM IST
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
09 Jun, 2026, 09.21 AM IST
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
08 Jun, 2026, 12.12 PM IST
ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
08 Jun, 2026, 12.48 AM IST
Saturday bank holiday: Are banks open or closed today on June 6, 2026?Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...
06 Jun, 2026, 08.43 AM IST
RBI fines Canara Bank for violations related to KYC, inactive accountsThe Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...
05 Jun, 2026, 07.33 PM IST
PGIM India Mutual Fund revises subscription limits in its 3 international fundsPGIM India Mutual Fund has revised daily subscription limits for three international funds, effective June 5. Fresh SIPs are capped at Rs 5...
05 Jun, 2026, 01.01 PM IST
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
05 Jun, 2026, 11.00 AM IST
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
05 Jun, 2026, 01.11 AM IST
RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...
04 Jun, 2026, 05.45 PM IST
RBI likely intervenes to limit rupee's fall: TradersThe Indian central bank likely stepped into the foreign exchange market on Wednesday. This action aimed to curb the rupee's decline. Renewe...
03 Jun, 2026, 10.33 AM IST
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
02 Jun, 2026, 06.05 AM IST