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CASHLESS PAYMENTS
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...- We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
- Tourists in Tokyo could now be fined for throwing trash on streetsTokyo's Shibuya Ward is now fining litterbugs ¥2,000 on the spot. Businesses must provide trash bins or face penalties. These measures aim ...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- China's Tencent to allow PayPal payments through its WeChat networksChinese tech giant Tencent is enabling PayPal users to pay with QR codes across China through its WeChat Pay network. This move aims to att...
- Health services, medical education expansion to be driven by modern tech: Yogi AdityanathUttar Pradesh Chief Minister Yogi Adityanath reviewed health and medical education. He stressed improving treatment quality and expanding s...
- India’s unincorporated businesses rise to 9.2 crores in Q4FY26India's small businesses are booming. The number of unincorporated establishments grew by 16.7% to 9.2 crore in the January-March quarter. ...
- Unincorporated establishments surge to over 9 cr; jobs hit 15-cr mark: Govt surveyIndia's unincorporated non-agricultural sector shows remarkable growth. Over 9 crore establishments now operate, employing more than 15 cro...
- UAE private companies must pay salaries on 1st of every month from June 1, 2026 or face legal actionUAE private companies must now pay employee salaries on the first of each month, effective June 1, 2026, as mandated by the Ministry of Hum...
- UAE landlords can now check tenants’ credit scores before renting homes; here’s how the new system worksPrivate landlords in the UAE can now access tenant credit scores. This new system requires tenant consent through the UAE PASS digital iden...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAE’s central bank rolls out new initiativeTourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, ...
- Emirates National Bank of Dubai to facilitate faster local payments in UAE using Visa cards; Know how it helps youVisa card payments in the UAE are now faster. Visa has partnered with Emirates NBD for local processing of card transactions in UAE Dirhams...
- No boarding pass required: Abu Dhabi airport allows entry for non travellers to shop, dineZayed International Airport is offering a unique eight-week opportunity for UAE citizens and residents to explore its terminal without a bo...
- Japan to roll out prepaid transport card for foreign visitors from MayJapan will launch a new prepaid IC card, “Tourist Pasmo”, for foreign travellers in May, according to Kyodo News. Issued by Pasmo Co., the ...
- Why are hospital stocks defying market volatility? Demand, beds and growth plansOver the past five years, the sector has delivered strong growth, with revenues rising about 15.5% annually between FY2019-20 and FY2024-25...
- Vietnam's MoMo weighs options including new investors at valuation above $2 billionThe digital payments company, which has been profitable since 2024, has engaged Jefferies and Morgan Stanley to run the process after rec...
- From Indian temples and bazaars to taxis: German traveller amazed by India’s ‘ting ting’ payment system, calls it pure magicA German tourist was impressed by India's seamless digital payment system, where QR codes enable quick, cashless transactions for everythin...
- Post note ban, most retailers ready to accept cashless payments, finds CDFI-IIMB surveyThe study, which compared trends before and after demonetisation, found that about 76% of the consumers still “always” prefer to use cash, ...
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