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INTEROPERABLE PAYMENT SYSTEMS
Nitin Gadkari says by 2027 all national highway toll plazas will go barrier-free: How new tolling system could boost govt revenue by up to Rs 25,000 crore a yearBy March 2027, national highways are expected to become barrier-free with the wider implementation of FASTag and automatic number plate rec...- Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
- BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
- BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...
- World’s biggest handshake at BRICS: Can it shake the world order?Modi, Xi and Putin’s BRICS meeting carries symbolic weight, but its impact will depend on deliverables. An expanded, divided BRICS faces in...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
- BRICS finance chiefs urge reform of global development financial institutionsBRICS finance ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...
- FASTag users can now switch banks without changing tag as Nitin Gadkari launches OneTagIn a significant move for drivers, the Union Minister Nitin Gadkari has unveiled the OneTag system that allows motorists to conveniently ch...
- Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
- BRICS Business Forum 2026: Piyush Goyal urges nations to open markets, cut trade barriers and link payment systemsCommerce Minister Piyush Goyal urged BRICS nations to open markets and cut non-tariff barriers. He called for linking payment systems to fo...
- India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...
- Fintechs must treat data as fiduciary duty, not business asset, says RBI Governor Sanjay MalhotraMumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is ke...
- NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...
- BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI paymentsBharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits ...
- UPI can do more tricks among BRICSIndia is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. ...
- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
- RBI explores tokenising gold amid push to expand Unified Markets InterfaceThe Reserve Bank of India is exploring gold tokenisation for its Unified Markets Interface. This platform currently settles tokenised finan...
- Indian travellers can now use UPI to pay at Singapore’s Resorts World SentosaIndian travellers can now use UPI to book and pay online for attractions and experiences at Singapore’s Resorts World Sentosa, including Un...
- BRICS by BRICS: India's journey from seeking reforms to shaping global orderIndia's BRICS engagement has shifted from seeking a voice to offering indigenous solutions. The nation now actively shapes global order wit...
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