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SWIFT GATEWAY
UPI, India's epic odyssey continuesThe immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...- India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
- Maruti, Tata lead hatchback revival as India's carmakers rediscover the mass marketIndian carmakers are rediscovering the hatchback. For years, SUVs dominated sales. Now, rising prices and economic challenges mean small ca...
- Oman ports emerge as India's gateway to West Asia, AfricaIndia's CEPA agreement with Oman is officially in motion, turning ports such as Sohar, Salalah, and Duqm into strategic hubs for Indian com...
- Amazon Music widens India play beyond Prime amid audio streaming shakeoutIn an exciting development, Amazon Music is set to unveil a new strategic initiative in India, offering a trio of subscription options: fre...
- Indians are breaking up with Europe for a Southeast Asian getawayIndian travelers are increasingly choosing Vietnam over traditional European destinations due to rising airfares and longer flight duration...
- Oil prices climb more than 3% on fears of new US-Iran combatOil prices surged over 3% as U.S. President Trump and Iran's foreign minister exchanged confrontational remarks, diminishing hopes for a de...
- These 8 private and public banking stocks have an upside of up to 27% in one year, according to analystsInflation is at a 13-month high, primarily led by a rise in food prices. And with an impending fuel price hike, it could spike even more. A...
- The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
- Man jumps into historic Erie Canal to evade police pursuit and what happened next will shock you; chilling details insideA police chase came to a dramatic end when a man jumped into the Erie Canal while attempting to evade officers, with authorities now invest...
- Taylor Swift beyond the stage: How universities from Harvard to Stanford teach the ‘Swiftie’ lessonTaylor Swift's influence extends to university classrooms. Courses explore her music and career. Harvard and other universities are using h...
- Cashfree launches pilot for cross-border paymentsCashfree Payments has partnered with Indian companies like Swiggy and Nykaa to enable international customers to make payments in India. Th...
- SWIFT, Axis Bank launch AI pilot to tackle payment fraudThe pilot is expected to leverage a secure infrastructure that will enable financial institutions to exchange relevant information with str...
- Mumbai airport enhances passenger processing capacity, to deploy AI-enabled camerasMumbai airport has enhanced its processing capacity to about 8,000 passengers per hour and reduced wait times to under a minute with expand...
- India using SWIFT global payment system to settle Russia dollar trade: SourceThe West blocked access to SWIFT for several Russian banks, including Sberbank and VTB, soon after Moscow invaded Ukraine in February last ...
- Government plans to launch Common Customs Electronic PortalThe proposed portal will facilitate registration, filing of bills of entry, shipping bills, payment of duty, and viewing and response to sh...
- India-Russia-China explore alternative to SWIFT payment mechanismRussia’s financial messaging system SPFS will be linked with the Chinese cross-border interbank payment system CIPS. While India still does...
- View: Technology can help check frauds in trade financeThe trade finance industry has emerged as a key focus area for realising the efficiencies of blockchain technology, which has the potential...
- Arun Jaitley asks banks to limit data theft falloutEconomic affairs secretary Shaktikanta Das called for calm and promised swift action in the matter. “Cyber security is an important matter,...
- Freecharge makes digital payments possible for auto rickshawsIt will also help in augmenting Jugnoo's services and maximizing its business reach across the subcontinent.
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