Niyo to acquire Capital India’s RemitX forex business for Rs 11.4 croreThe transaction will be undertaken through Kanji Forex, Niyo’s wholly owned subsidiary, and will also bring the RemitX brand and more than ...
01 Sep, 2026, 11.24 AM IST
New trade rules raise compliance worries for banks over cross-border paymentsAs of October first, banks will bear the new burden of overseeing cross-border payment transactions. They are required to confirm the valid...
01 Sep, 2026, 01.25 AM IST
Modi-Xi-Putin together again: What will the Bishkek photo-op tell?India’s next Modi-Xi-Putin photograph at the SCO summit in Bishkek is likely to carry geopolitical weight, but it should not be read as evi...
31 Aug, 2026, 08.04 PM IST
India, Canada working on easing cross-border remittances: Nirmala SitharamanIndia and Canada are joining forces to improve remittance processes for students. With a focus on utilizing digital innovations, this initi...
31 Aug, 2026, 07.54 PM IST
NIPL and Uzbekistan's HUMO sign agreement enabling Indian travelers' seamless transactionsNPCI International Payments Ltd. and Uzbekistan's HUMO have signed a commercial agreement. Indian travellers can now use UPI-enabled apps t...
31 Aug, 2026, 05.52 PM IST
India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
29 Aug, 2026, 05.31 AM IST
India, Canada ready to fast-track bilateral investment treaty talksIndia and Canada will start bilateral investment treaty negotiations soon. Both nations will explore cross-border payment system collaborat...
28 Aug, 2026, 11.39 PM IST
ITAT rejects tax department’s FTS, royalty claims on Spencer Stuart’s executive search feesThe income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services und...
28 Aug, 2026, 04.52 PM IST
India, Canada set $70 billion trade target, widen economic partnershipIndia and Canada aim to deepen economic ties, expanding beyond goods and services. They plan to scale up bilateral trade to seventy billion...
28 Aug, 2026, 12.29 AM IST
Closer India-Canada economic cooperation gains importance amid global uncertainty: SitharamanIndia and Canada are strengthening economic ties amid global uncertainty. Finance Minister Nirmala Sitharaman highlighted the need for deep...
27 Aug, 2026, 10.40 PM IST
British Virgin Islands seeks dedicated India investment corridorThe British Virgin Islands (BVI) is seeking to deepen its role in India’s cross-border investment ecosystem by proposing a dedicated BVI-In...
26 Aug, 2026, 12.02 AM IST
UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
25 Aug, 2026, 04.17 PM IST
UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
24 Aug, 2026, 03.39 PM IST
Cross-border payments, India’s global UPI push in focus at GFF 2026The seventh edition of the Global Fintech Fest (GFF) 2026 to be held in Mumbai from September 8 to 11, will bring together policymakers, ce...
20 Aug, 2026, 10.04 PM IST
Cashfree Payments posts 52% jump in revenue in FY26, losses narrowOver the last two years, Cashfree reported marginal growth in revenue and no improvement in the bottom line following a year-long ban by th...
20 Aug, 2026, 08.22 PM IST
India eases rules for rupee export payments, seeks to widen trade settlementIndia has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider u...
20 Aug, 2026, 07.20 PM IST
Cross-border trade in local currencies reduces transaction costs: RBI deputy governorLocal currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...
20 Aug, 2026, 06.41 PM IST