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DIGITAL WALLETS FINANCIAL INCLUSION
India to hold vice-presidency of global financial crime watchdog FATF for first timeIndia is set to assume the vice-presidency of the Financial Action Task Force (FATF) for the first time, with Vivek Aggarwal appointed to t...- PhonePe wallet inactive? You will now be fined for not using itPhonePe is now charging a Rs 100 quarterly fee for inactive wallets. This fee applies if users have not made any financial transactions thr...
- India's consumption story coming back to life and the timing couldn't be better: Ashi AnandIndian consumers are set for a strong recovery. Falling interest rates and potential oil price drops are boosting confidence. Tax cuts are ...
- Father's Day 2026: Thoughtful gift ideas to celebrate dads with meaningful surprisesFather's Day 2026: Father's Day 2026 arrives on Sunday, June 21. This occasion is ideal for showing dads love with personalized keepsakes, ...
- Tokenised gold: A new way to invest in gold or a risky bet? What Indian investors need to know before investingTokenised gold is emerging as a new investment option in India. It uses blockchain to represent physical gold digitally. Investors can trad...
- International Finance Corporation announces $371 million investment in data centre operator SifyThe International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Nav...
- Tech can lead to progress only if democratised: PM ModiAt Vivatech 2026, Prime Minister Narendra Modi emphasized the necessity of democratizing technology for sustainable development, describing...
- Bharti Airtel's Rahul Vatts named COAI Chairperson for 2026-27Rahul Vatts of Bharti Airtel will lead COAI as Chairperson for 2026-27. Ravi Gandhi of Reliance Jio will be Vice-Chairperson. The announcem...
- Financial Intelligence Unit puts large crypto OTC deals under scanner, asks exchanges for trade dataIndian financial authorities are examining large over-the-counter cryptocurrency trades. The Financial Intelligence Unit is requesting data...
- Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
- India's digital fraud rate nearly double global average as scammers target existing accountsIndia's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital pay...
- China signs up 26 financial institutions to digital yuan cross-border payment platformThe agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...
- PM-WANI reforms to enhance adoption of public Wi-Fi, boost internet accessibility: ExpertsRecent government reforms to the PM-WANI framework, including short-duration data plans and QR-based authentication, are expected to boost ...
- Army, Airtel join hands for mobile connectivity in Arunachal Pradesh districtThe Indian Army and Bharti Airtel have joined forces to improve mobile network coverage in remote West Kameng district of Arunachal Pradesh...
- FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictionsResponding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major econ...
- Saudi Arabia to require Premium Residency holders to obtain dedicated work permitsSaudi Arabia's Premium Residency holders must now secure a dedicated work permit via the Qiwa digital platform, costing SR100. This new req...
- Default clouds hover over microfinance as industry flags weak monsoonIn the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- Canara Bank recovers over half of ₹500 crore Rajesh Exports exposure, CEO outlines growth strategyCanara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...
- India, Nepal launch UPI-NPI linkage for real-time cross-border remittancesIndia and Nepal have unveiled a direct payment link between their respective UPI and NPI systems, revolutionizing cross-border remittances....
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