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THE PAYMENT COUNCIL OF INDIA
Kunal Shah is WhatsApp CEO as Meta leads $900 million financing in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...- India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
- Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
- Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutinyDigital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 m...
- Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
- After war losses, Hezbollah seen gaining from Iran-US dealIran's deal with the U.S. is expected to boost Hezbollah's finances and political standing in Lebanon. Tehran has promised more funding to ...
- 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, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
- ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
- RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
- SC seeks Centre, NCERT's response on plea against CBSE's 3-language rule for Class 9 studentsThe Supreme Court will review a plea challenging the CBSE's new policy for Class 9 students. This policy mandates studying three languages,...
- India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
- JioStar raises damages claim against Zee to $1.1 billionJioStar has raised its damages claim against Zee Entertainment Enterprises to over a billion dollars. The dispute involves a cricket broadc...
- India-Nordic Summit signals New Delhi's emergence as 'co-author of global governance': AnalysisWhen Denmark's Prime Minister Mette Frederiksen described India in Oslo as "not a middle power, but one of the world's greatest powers," it...
- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- One soundbox soon for all payment apps as NPCI readies platformNPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...
- No Constitutional embargo on State legislature in giving benefits to MLAs, ex-MLAs: Allahabad HCThe Allahabad High Court has upheld the legality of pension and benefits for former MLAs and MLCs, deeming them within the legislature's pu...
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