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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 ...- Delhi court issues notice to magistrate over bias allegations in 2 complaint casesA Delhi court has halted proceedings in two criminal cases. Accused individuals claimed bias and procedural issues. The District and Sessio...
- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- Sushmita Dev resigns from Rajya Sabha, second TMC setback in a weekSushmita Dev quits TMC: Trinamool Congress MP Sushmita Dev has resigned from the Rajya Sabha. This marks the second resignation from the pa...
- INDIA bloc to tumble below 200 in Lok Sabha due to riftsINDIA bloc faces a significant decline in Lok Sabha numbers, potentially falling below 200 seats due to recent and potential exits. This we...
- Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
- 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...
- India Quotient partner Gagan Goyal to quit as churn at top VC funds in India continuesGagan Goyal, a general partner at India Quotient, is leaving the early-stage venture capital firm, according to people aware of the matter....
- Z47 managing director Tarun Davda to exit firm amid string of top-level departures at VC fundsTarun Davda, a key figure at Z47 for ten years, plans to exit the venture capital firm by year-end. Sources told us that Davda is exploring...
- Twist in Jharkhand Rajya Sabha battle as focus on 6 extra votes of JMMJharkhand's Rajya Sabha elections are heating up. Big names are contesting for two seats. The INDIA bloc has enough MLAs to win both. Howev...
- 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...
- Pilibhit farmers protest over pending sugarcane payments and closed millFarmers in Pilibhit marched to the minister's residence demanding payment for pending sugarcane dues. They also called for the reopening of...
- Bitcoin trades below $63,000, drops 15% in the first week of June but blockchain data remains resilientBitcoin experienced a nearly 15% decline in early June, falling below $63,000. Despite significant price drops, on-chain data indicates a l...
- SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
- ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
- UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
- Digital payments, mobile economy have significant room for expansion; no slowdown in transaction growth: Paytm CEOIndia's digital economy is set for major growth. Technological innovation and increasing consumer trust will drive expansion. Artificial in...
- Listed digital payment majors finally turn a corner in FY26Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...
- Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says reportPaytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The ...
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