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RUPEE PAYMENT
Explainer -- India's UPI MDR shake-up: What changes and why it mattersIndia will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...
Tonight's US Fed rate decision will cast a long shadow over IndiaFederal Reserve Rate Impact on India: Federal Reserve rate hike is set to intensify pressure on India’s rupee, bond yields, inflation and m...
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...
UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain fasterPaytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute reven...
Psychology says people who always keep a lot of cash in their wallets may be seeking more than financial securityPeople may carry cash for very different reasons. For some, it is a practical way to control spending; for others, it provides reassurance ...
India consults banks, payment firms on fees for large UPI payments, sources sayIndia's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments o...
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...
SP Group weighs Rs 3,500 crore debt repayment optionsShapoorji Pallonji Group is exploring debt options for a ₹3,500 crore repayment. The central bank's Tata Sons listing mandate offers invest...
Demat 2.0 explained: Why it matters for bond market investorsIn an innovative move, Sebi has rolled out Demat 2.0, a pilot scheme aimed at tokenising corporate bonds. This initiative facilitates rapid...
Demat 2.0 will bring instant bond settlement closer, trading after regulation and market readiness: NSDL MDDemat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), ...
India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
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...
Sebi launches Demat 2.0 pilot for tokenised corporate bondsSebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. RE...
You don’t need a Rs 2 lakh salary to be financially stable: CA shares important money habits that matter more than how much you earnCA Nitin Kaushik shared eight money habits that can help people build financial stability without earning a huge salary. He recommends trac...
RBI uses currency swaps to cut $115 billion cash surplusIndia's central bank is draining excess cash from banks using currency swaps. This action follows record high funds in the financial system...
$127 billion deposits raise new rupee risk as banks face future FX interest billsWith over $127 billion raised in overseas FX deposits since June, Indian banks are now confronting a risky situation regarding unhedged fut...
Roubles and rupees: Russia says no more hurdles in payments with IndiaRussia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent...