Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers sayThe Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...
18 Jun, 2026, 01.23 PM IST
PhonePe, Google Pay duopoly weakens as market share slips below 80%IPO-bound PhonePe saw its market share slip marginally to 46.3% in May, from 46.5% in the same month last year, while Google Pay’s share fe...
17 Jun, 2026, 08.38 PM IST
FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...
17 Jun, 2026, 06.41 PM IST
New Zealand cracks down on visa breaches, flags nearly 100 migrants in major immigration compliance operationNew Zealand authorities have launched a major operation targeting immigration violations. Ninety-eight migrants were identified for breachi...
17 Jun, 2026, 02.12 PM IST
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...
16 Jun, 2026, 05.00 PM IST
SoftBank launches cybersecurity product based on OpenAI modelsThe "Patching as a Service" product will be rolled out in Japan through a joint venture established last November between SoftBank's dome...
16 Jun, 2026, 03.26 PM IST
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...
16 Jun, 2026, 01.37 PM IST
Razorpay confidentially files IPO papers with SebiFintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpa...
15 Jun, 2026, 02.11 PM IST
Oil retreat hands RBI an assist in boosting rupee's near-term outlookA U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measu...
15 Jun, 2026, 01.29 PM IST
Portfolio investment scheme now open to PROIsIndia has eased investment rules for foreign individuals and entities in listed stocks, allowing them to invest via the portfolio investmen...
15 Jun, 2026, 06.14 AM IST
Govt notifies rules to lift investments by persons resident outside IndiaIn an exciting development, India has relaxed its investment rules, making it more convenient for foreign investors to dive into its dynami...
14 Jun, 2026, 02.32 PM IST
Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...
14 Jun, 2026, 01.15 PM IST
Saturday bank holiday: Are banks open or closed today on June 13, 2026?Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physi...
13 Jun, 2026, 07.00 AM IST
Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
12 Jun, 2026, 06.03 PM IST
Zelle to expand peer-to-peer payment service to India this yearZelle, a popular payment service, is set to launch in India later this year. This marks Zelle's first international expansion. The company ...
11 Jun, 2026, 07.08 PM IST
Paris accord threshold could be breached in 4 years as warming accelerates: AnalysisEarth's climate is warming rapidly due to human actions. Global temperatures reached 1.37 degrees Celsius last year. Scientists warn the 1....
11 Jun, 2026, 03.14 PM IST
Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
09 Jun, 2026, 10.26 AM IST