India’s ongoing debate over crypto taxation persists as industry and observers push for reforms to reduce transaction friction and retain domestic activity amid unchanged tax policies. India’s debate over crypto taxation has flared again after the Bharatiya Janata Party announced…
India’s UPI network saw continued expansion in July, with transaction volumes and value reaching new heights. Navi’s market share increased as the payments landscape remains competitive amid policy shifts, signalling deeper integration of instant payments in everyday commerce. India’s UPI…
India’s new MSME amendment law could revolutionise the handling of delayed payments, potentially unlocking billions in trapped working capital and reshaping dispute resolution for small firms, according to a Crisil report. India’s new MSME amendment law could mark a turning…
India’s securities regulator launches two new digital portals to streamline incident reporting and information sharing, reflecting a broader push to bolster market resilience against emerging cyber threats including AI and quantum computing. India’s securities regulator has stepped up its cyber-defence…
Research reveals a surge in online marketplaces selling fake, synthetic, and stolen identities, exploiting weaknesses in onboarding controls and leveraging AI-driven document fraud tools to evade detection. Account farms are turning the sale of fake, synthetic and stolen identities into…
While same-day working capital offers rapid access to funds for urgent business needs, its complex pricing and potential long-term implications demand careful scrutiny to avoid costly pitfalls. Same-day working capital can be a useful bridge for businesses that need cash…
Shabnam Sinha, with over 30 years of experience, is appointed chairperson of Airtel Payments Bank for a three-year term, marking a significant leadership change amid ongoing group succession plans and growth in rural financial services. Airtel Payments Bank has named…
India’s securities regulator, SEBI, advances its cybersecurity strategy by embedding quantum resilience and exploring tokenisation, positioning itself as a global leader in digital asset regulation amid evolving cryptographic threats. India’s markets regulator has sharpened its focus on quantum computing, setting…
Gurugram-based platform Freed introduces EMI Score, a free tool assessing borrowers’ current income stability and debt capacity to promote earlier and more responsible lending decisions amidst rising household debt in India. FREED, the Gurugram-based debt management platform, has launched EMI…
With 800,000 drivers and over 4 million customers, Bharat Taxi is transforming India’s ride-hailing scene through its zero-commission, driver-owned platform backed by major cooperatives and government institutions. Bharat Taxi said on Monday that it had about 800,000 registered drivers and…
Zong re-enters the consumer fintech space with a lightweight virtual wallet integrated into its My Zong App, partnering with JS Bank’s Zindigi to bypass previous licensing hurdles and challenge established market players. Zong is returning to consumer fintech through a…
The Reserve Bank of India has abruptly closed its FCNR-B swap scheme ahead of schedule, citing robust foreign deposits and rising costs as the rupee faces sustained depreciation pressures, marking a shift in monetary policy response. The Reserve Bank of…
