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RELIABLE PAYMENT MECHANISMS
India, Uzbekistan aim to double bilateral trade in 3 yearsIndia and Uzbekistan are set to significantly boost bilateral trade, aiming to double it within three years. Discussions at the recent Inte...
Indian exporters look beyond US, UK amid global uncertainties: PayPal's Abid MurshedIndian MSMEs are shifting focus from initial sales to sustainable global growth, facing challenges in operational realities and cost compet...
EV industry seeks financing, payment security support to drive adoptionElectric vehicle makers are asking the government for better financing and payment security. This is to speed up the use of electric vehicl...
Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
'Curb unfair practices by drivers': Court orders Ola to pay Rs 50,000 to passenger driven 25 km away from destinationA consumer court in Andhra Pradesh held Ola responsible after a driver stranded a woman en route to a judicial exam. The platform was order...
Why 5G’s real test lies in the daily commute5G services in India promise faster speeds. However, consistent performance is key for users. Network slicing helps allocate resources for ...
Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
Trump's tariff tantrums may leave India exposed to a 'one-sided' trade deal: GTRIA trade think tank, GTRI, advises India against rushing into a bilateral trade agreement with the US due to President Trump's unstable tari...
Trust at scale: What it takes to build a resilient digital asset ecosystem in IndiaAs India leads global digital asset adoption, building a robust trust infrastructure is critical. The article emphasizes a systems approach...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
Financial resilience must include India’s credit-invisible workforceIndia's strong digital finance infrastructure faces a challenge. Many informal workers lack financial resilience due to volatile incomes an...
India suggests standardised credit score evaluation system for airlines to ICAOIndia has proposed a standardised Airline Health Score (AHS) framework to ICAO for assessing airlines' financial, operational, and safety p...
Alternative to SWIFT system to make independent transactions need of the hour: Russian envoy to IndiaBRICS nations are advancing towards establishing dependable payment systems using national currencies, with digital currencies as a key foc...
Scope for $5 billion more exports to Russia, Rupee trade soon with SBI roped in: FIEOThe apex body of exporters also said that India can export an additional $5 billion to Russia if the payment mechanism is put in place and ...
NRIs can pay electricity, phone bills of families in India directly via Bharat Bill Payment System nowThe Reserve Bank of India (RBI) has announced that NRIs will be able to pay utility bills, education fees etc directly via Bharat Bill Paym...
BRICS working on new global reserve currency and alternative mechanism for int'l payments: Vladimir PutinAccording to the Russian president, the member states are also developing reliable alternative mechanisms for international payments. Earli...
Parliamentary panel for providing credit card to MSME entrepreneursFormer minister of state for finance and chairman of the committee Jayant Sinha said such a platform will make it possible to provide MSME ...
Paytm building tech to check ‘credibility score’ of borrowerPaytm CEO Harinder Takhar said the mechanism would go a long way in aiding banks to determine whether it would be safe to grant a loan to a...
RBI gives more time to Uber to comply with its e-commerce payment rulesSF based Uber users are automatically charged at the end of their ride based on card details stored at the time of enrollment