The Reserve Bank of India continued its dollar sales to stabilise the rupee, which remains confined to a limited range despite strong dollar bids and global financial volatility. The Indian rupee edged lower on Thursday but remained boxed into a…
India’s markets regulator SEBI has issued a show-cause notice to Paytm’s senior management over the timing of its December 2023 announcement to curtail small personal loans, amid ongoing RBI restrictions on consumer lending. Paytm said its senior management has received…
Parliamentary committee calls for a tiered revenue framework for India’s Unified Payments Interface to ensure long-term financial viability, amid record transaction volumes and ongoing government subsidies. A parliamentary committee in India has urged the government to consider a self-sustaining, tiered…
A parliamentary committee has called on the government to accelerate the adoption of a calibrated merchant discount rate model for high-value digital transactions amid increasing transaction volumes and concerns over long-term sustainability of welfare schemes. A parliamentary panel has urged…
Although often overlooked, everyday small expenses like coffee, snacks, and app subscriptions can accumulate rapidly, impacting overall financial health. Experts advise tracking these costs to make more intentional spending decisions and protect household budgets. Small, recurring purchases can be harder…
Despite swift processing of returns, many Indian taxpayers are experiencing delays in income tax refunds for AY 2026-27, primarily due to verification failures, data mismatches, and processing backlog, experts reveal. Many Indian taxpayers are still waiting for their income tax…
Tamil Nadu is poised to announce a new wave of investment commitments worth approximately ₹15,050 crore from overseas companies, as part of a broader package of 97 pacts totalling ₹67,452 crore, aiming to create over 100,000 jobs and bolster its…
Merchants are evolving their abandoned cart recovery strategies by prioritising understanding why customers left and adjusting messaging accordingly, moving beyond blanket discounts to more targeted, multi-channel approaches that tackle checkout friction and payment issues. Abandoned cart recovery is no longer…
Centricity, the Gurugram-based wealth management firm, secures INR 280 crore in a Series A funding round led by SMBC Asia Rising Fund. The investment aims to accelerate technological innovation, expand distribution channels, and cater to India’s shifting savings habits amidst…
Indian equity markets opened cautiously ahead of key US inflation figures, with a notable MSCI rebalancing expected to inject substantial passive flows despite early declines in benchmark indices. Indian shares opened cautiously on Thursday as investors kept one eye on…
