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ALTERNATIVE PAYMENT INFRASTRUCTURE
Strong growth for NEDFI during FY 2025–26NEDFI maintained a strong financial performance during the year, with gross income growing by 4.40% to Rs. 270.82 crore. Interest income in...- Redefining global finance: Emergence of alternative payment infrastructureChairman of PSB Bank Petr Fradkov, in an interview with RBC, discusses what is happening in one of the most closed sectors of the economy, ...
- 200 AI agents, humans on standby: Inside Ignosis AI’s debt-collection operationThe Ahmedabad-based startup says its agents manage collections for four to five lakh borrowers a month and handle 70-80% of cases without h...
- Too early to write India off in the global AI race: Andreessen Horowitz’s Raghu RaghuramIndia has few frontier AI model companies and limited computing capacity, but according to a16z managing partner Raghu Raghuram, the countr...
- Govt’s frontier AI push; Insurance stock rout continuesThe government is weighing an anchor investment for a frontier AI development fund. This and more in today’s ETtech Top 5.
- Meta's Muse rekindles fears over winners and losers as personal AI agent emergesMeta's Muse, the first major consumer product to emerge under Alexandr Wang since he was hired to head its AI efforts last year, has split ...
- As SMEs digitise and expand globally, foreign banks have a crucial role to play: DBS Bank India’s Divyesh DalalDBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline paymen...
- Anthropic, OpenAI call for Australia to relax ban on training of AI modelsAustralia has said it will implement a broad set of rules on AI and data centres to take effect from next year, but has already ruled out a...
- Global Market: ECB launches blockchain payment service, to invest in digital securitiesThe European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements...
- These large-cap stocks have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 29%, according to analystsAfter crude oil prices, the one thing that provides a boost to the bears is the tariffs that US President Trump keeps announcing. Now, ther...
- India needs up to Rs 172 trillion infrastructure investment by FY31 to turn demand into financeable projects: NaBFID-BCG ReportIndia needs Rs 168-172 trillion in infrastructure investment through FY31, but Rs 78-80 trillion is yet to enter the announced project pipe...
- Hi-Tech Flow Solutions files DHRP for IPO, to raises Rs 300 cr via fresh issueHi-Tech Flow Solutions has filed its DRHP for a Rs 300 crore IPO comprising a fresh issue and offer-for-sale. The company plans capacity ex...
- Powerus and Pakistan: The optics problem with a Trump-linked dealAmerican drone company Powerus' deal with Pakistan's army involves initial drone orders and potential joint ventures for local manufacturin...
- Why does the US bond selloff matter for global markets?
- Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
- At BRICS, Modi warns geopolitical tensions and supply chain shocks threaten global stabilityPrime Minister Modi urged BRICS nations to boost cooperation and support for the Global South. Rising geopolitical tensions and climate cri...
- The Modi-Xi-Putin picture and the rise of a multipolar world trying to remake global powerThe expanded BRICS grouping now represents nearly half the world's population. Leaders adopted the New Delhi Declaration, showing consensus...
- World’s biggest handshake at BRICS: Can it shake the world order?Modi, Xi and Putin’s BRICS meeting carries symbolic weight, but its impact will depend on deliverables. An expanded, divided BRICS faces in...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- Piyush Goyal urges BRICS to link payment systems, trade in local currenciesIndia's Commerce Minister urged BRICS nations to link payment systems and trade in local currencies. He also called for simplified regulati...
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