India’s flagship digital payment system, UPI, is under renewed scrutiny as industry stakeholders question the sustainability of its free model amid debates over who should bear its operational costs and the potential introduction of merchant charges. India’s Unified Payments Interface…
As the banking industry shifts from digital tools to AI-centric models, experts emphasise the importance of aligning artificial intelligence adoption with clear commercial goals amid deployment challenges. Banking has moved from branch-led services to digital platforms and cloud systems, and…
Cars24 has launched Deployment Inc, a new company backed by $5 million in seed funding, aiming to help enterprises seamlessly embed AI into their operations through specialised deployment services, marking a significant step in scaling AI solutions across multiple industries.…
Samsung is expanding the functionality of its AI-powered Now Brief feature to include bill payment alerts and direct settlement options in India, marking a significant upgrade in its daily assistant capabilities. Samsung is broadening the role of Now Brief, the…
Experts argue that India should focus on developing dense local ecosystems or clusters, inspired by US and Chinese models, to unlock the full potential of its small business sector and address rising youth unemployment and AI-driven disruptions. India’s small business…
India has introduced a comprehensive mining reform bill to expand mineral exploration, lift sales caps, and enhance operational flexibility, signalling a surge in efforts to secure strategic resources and boost mineral output. India’s government introduced a bill in the Lok…
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…
