India’s introduction of a 0.4% merchant discount rate on high-value UPI transactions may prompt consumers and merchants to shift towards cash and cards, potentially impacting the country’s expanding digital payments ecosystem, according to a recent survey. LocalCircles has said India’s…
India’s IT sector is expected to face a subdued second quarter in FY27, with growth hampered by pricing pressures, geopolitical risks, and tough competition, though valuations remain attractive for investors. India’s information technology sector is likely to face another subdued…
Nobel laureate Michael Spence praises India’s advanced digital payments and identity systems, highlighting their global influence and potential for export as the country approaches upper-range growth while strengthening security measures. Michael Spence has said India’s digital payments and identity infrastructure…
India’s GST Council is set to meet on 7 October to focus on administrative process reforms, including e-invoicing and faster refunds, as part of the GST 2.0 upgrade, rather than rate revisions. India’s GST Council is set to meet on…
India remains steadfast in its decision to buy Russian crude oil despite mounting US pressure and existing sanctions, highlighting its strategic focus on energy security and balanced foreign policy amidst evolving global tensions. India will continue buying Russian crude despite…
Establishing routines with reminders, automation, and regular reviews can help consumers prevent late fees, maintain credit scores, and reduce financial stress in a busy digital era. Missing a bill payment once may feel trivial, but the costs can mount quickly…
Reliance Jio Platforms is set to file for one of India’s largest ever public offerings, with a potential valuation of $137 billion, as it aims to accelerate its digital expansion amidst growing investor interest. Reliance Jio Platforms is edging closer…
A 75-year-old woman in Chhatrapati Sambhajinagar was duped out of Rs 3.8 crore after fraudsters impersonated police officers through a ‘digital arrest’ scam involving video calls, highlighting a growing trend of high-value cyber fraud targeting the elderly. A 75-year-old woman…
Niti Aayog’s Rajiv Gauba advocates for targeted, risk-based regulation to sustain India’s rapid growth and realisation of Viksit Bharat by 2047, emphasising the need for better coordination and deregulation amid a complex geopolitical environment. India needs a sharper move towards…
India and Russia strengthen economic ties with plans to increase bilateral trade and facilitate the transfer of 70,000 Indian skilled workers this year, amid ongoing diplomatic efforts on Ukraine and energy diversification. S. Jaishankar told a parliamentary consultative committee on…
