India’s government is exploring the possibility of reinstating merchant discount rates for large UPI transactions, a move that could reshape the country’s free digital payment system and impact its trade negotiations with the US. India’s government is weighing a return…
The Indian rupee remained close to its recent lows on Monday, with market dynamics influenced by rising oil prices and increased central bank support, signalling a potential shift in traders’ behaviour amid currency interventions. The Indian rupee held near recent…
Gujarat police and banks are intensifying efforts to combat a rise in complex digital arrest scams that manipulate fear and isolation among older citizens, deploying staged scenes and fake warrants to siphon off millions of rupees. Police in Gujarat are…
The Raipur District Consumer Disputes Redressal Commission has directed the State Bank of India to return nearly Rs 1 lakh to a young woman after failing to act swiftly on her cyber fraud complaint, highlighting growing accountability for banks in…
Standalone health insurers in India are capturing a growing share of the non-life insurance market, widening the gap with traditional general insurers amid changing demand and increased competition. Standalone health insurers are steadily taking a bigger slice of India’s non-life…
A consumer forum in Himachal Pradesh has ordered Niva Bupa to pay a woman Rs 2.65 lakh after rejecting her claim for ovarian cyst surgery due to alleged waiting period violations, highlighting the importance of portability rules in health insurance.…
Mumbai-based fintech FatakPay announces its expansion into a comprehensive financial super app, featuring actor Vaani Kapoor in a new brand campaign that highlights responsible borrowing and a wider suite of services beyond instant credit. FatakPay has set out its latest…
Understanding common reasons for loan refusals and practical steps to strengthen your application , from improving credit scores to organising paperwork , can turn rejection into opportunity. A rejected business loan is usually less a final judgment than a warning…
India considers reintroducing merchant discount rates on large UPI transactions, prompting concerns among brokers, mutual fund distributors and the wider financial sector about potential impacts on profitability and transaction costs. India’s proposal to reintroduce merchant discount rates on selected Unified…
India adopts a tightly bounded approach to stablecoins, emphasising sovereignty and domestic payment integration amid global regulatory shifts. Stablecoins are increasingly best understood not as speculative crypto tokens but as payment infrastructure: a fast, programmable way to move value across…
