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CASH USAGE DECLINE
How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...- ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
- India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok GulatiIndia’s fertiliser subsidy regime is facing scrutiny; rising global fertiliser and energy prices and rising fiscal pressures expose its ine...
- ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
- Buy, Sell or Hold: Elara Capital initiates buy on Bharti Airtel; Goldman Sachs has buy rating on IndigoBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiat...
- 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...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Fractal says enterprise AI market still wide open as Q4 profit more than doublesAI services firm Fractal Analytics saw net profit more than double to Rs 116 crore in Q4, driven by improved margins. CEO Srikanth Velamaka...
- Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
- Why are oil prices down today while gas rates are witnessing a rise? Oil and natural gas markets move in opposite directions. Here's Brent, US WTI crude, Waha Hub pricesWhy are oil prices down today while gas rates are witnessing a rise? Oil prices fell after Iran proposed new talks with the United States t...
- Silver prices erase all 2026 gains to plunge Rs 2 lakh from January peak. Perfect time to buy?Silver prices have plunged nearly Rs 2 lakh from January highs, erasing all 2026 gains amid a stronger dollar, profit booking, and global r...
- India now makes faster payments than any other country, courtesy UPI: IMF noteIndia leads in faster payments due to the rapid growth of UPI, while debit and credit card usage declines, according to an IMF note. UPI pr...
- Digital payments surge: Cash usage declines post-pandemic in India, says study by RBI economistAs of March 2024, cash still accounts for 60 percent of consumer expenditure but is rapidly declining post-COVID. Digital payments, particu...
- India's cash withdrawals from ATMs increase by 5.51% in FY24, CMS Infosystems report showsA report by CMS Infosystems shows a 5.51% increase in monthly average cash withdrawals from ATMs in FY24, reaching Rs 1.43 crore. This grow...
- Cybersecurity, customer protection essential for digital payments momentum: RBI paperThe transactional use of cash has been on a decline and is increasingly getting substituted with digital modes of payments, even as the sto...
- People in Sweden may lose access to notesAs the usage of cash declines, the cost for providing notes and coins increases.
- Electronic payments, m-wallets volumes seeing a decline: HDFCThe report noted that there has been a gradual tapering in volumes M-wallets as well after the initial bounce.
- Black economy shrinking, still exceeds Thailand's GDP: Ambit CapitalDue to measures taken by govt to tighten noose around black money, there has been a drop in prices of land and a decline in appetite in gol...
- Levy charges on cash withdrawal, deposits by cheques: RBI paperOther major suggestions include restriction on number of free cheque books, high fee on cheque books, mandatory online payment of credit ca...
- Indians not just talk less, they SMS less tooSMS usage has now dipped to record lows, the fall being 11% for GSM players and 15% for CDMA-based operators in the past quarter alone. 200...
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