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Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warnsChief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threat...
PayGlocal to raise Rs 36.4 crore from Beenext at Rs 1,140 crore valuationThe company’s shareholders on July 25 approved the issue of 5,074 pre-series C compulsorily convertible preference shares at Rs 71,693.02 a...
AI safety: India must keep humans in the loop, prevent exclusion, says CEA NageswaranChief Economic Adviser V Anantha Nageswaran stressed proactive AI safety and security in finance. He warned AI must not foster financial ex...
Why UPI needs transaction feesA groundbreaking bill has been introduced that permits merchant discount rates on UPI transactions. This innovative change aims to enhance ...
Shiprocket IPO price band fixed at Rs 92-97; Rs 1,618 crore issue to open on August 12Shiprocket is set to launch its Rs 1,617.59 crore IPO on August 12, 2026, with a price band of Rs 92 to Rs 97 per share. The issue closes o...
Govt mandates exporter registration for FDI-backed ecommerce inventory exportsForeign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods...
Circle shares fall nearly 4% as revenue miss overshadows quarterly profit beatCircle's profits in the second quarter significantly outperformed expectations, attributed to the growing adoption of USDC tokens. The surg...
Govt notifies norms to facilitate ecommerce firms undertaking inventory-based online exportsForeign investment is now permitted in export-only ecommerce inventory operations. Companies must register as Exporter-on-Record to stock g...
Commerce ministry notifies norms for inventory-based e-commerce exportsNew government norms permit foreign investment in inventory-based e-commerce for exports. Companies must register as Exporter-on-Record to ...
IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
Maldives launches Favara-UPI payment service with IndiaMaldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...
Mastercard profit beats estimates on strong consumer spendingMastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes and resilient consumer spending sup...
Axis, Kotak Mahindra raise charges for overseas card transactionsAxis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...
UPI now accepted for online Burj Khalifa bookings before Indians arrive in Dubai; first for UAE attractionIndian travellers can now book Burj Khalifa tickets online using UPI. This integration makes the Dubai attraction the first in the UAE to a...
Beyond Bitcoin: Crypto trends investors should watch over the next 6 monthsCoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural...
Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose abou...