Ujjwala beneficiaries are being urged to verify their Aadhaar and bank details before the festive season, amid warnings that incomplete e-KYC could delay subsidy payments or temporarily expose households to full-price refills. LPG users in India are being urged to…
Banks must pass on foreign remittances in their original currency unless conversion is requested, under new guidance aimed at protecting exporters and improving exchange-rate transparency. Indian banks have been told they must stop acting as unsolicited middlemen in the conversion…
Six years after Stripe’s acquisition, Paystack is moving beyond online checkout through banking, consumer finance and acquisitions as it seeks the deposits and interest income that payments alone cannot provide. Six years after Stripe bought Paystack in a deal valued…
India’s markets regulator has reversed its expiry-day settlement change after receiving more than 20,000 consultation responses, winning broker support while renewing questions over regulatory intervention. SEBI’s decision to restore the earlier 30-minute volume-weighted average price settlement method for expiry days…
SBI Research warns that India’s benchmark 10-year government bond yield could rise to 7.6% if elevated US borrowing costs and persistent inflation continue to unsettle global markets. SBI Research has warned that India’s benchmark 10-year government bond yield could climb…
Industries Minister M.B. Patil has ordered fortnightly progress reports and a dedicated on-site team as Karnataka races to clear land, infrastructure and investor-readiness hurdles at the 5,800-acre development. Karnataka is pushing to accelerate work on KWIN City, with Industries Minister…
Points, miles and cash back can offer useful returns, but interest charges, annual fees and unsuitable spending patterns can quickly erase their value. Many people are drawn to rewards credit cards for the promise of points, miles or cash back,…
The arrest of a Munitions India executive in an alleged ₹500 crore bribery and information-leak case has cast fresh scrutiny on a sprawling state-owned defence supply chain. A Central Bureau of Investigation raid on officials linked to Munitions India Ltd…
HDFC Asset Management’s September-quarter profit rose to ₹749 crore as revenue and assets under management grew, despite lower treasury and investment gains. HDFC Asset Management Company reported a modest rise in September-quarter net profit, helped by stronger revenue and a…
Merchants are using real-time routing across acquirers and payment providers to lift approval rates, reduce avoidable failures and control processing costs. Dynamic routing has become one of the quiet fixes behind smoother online payments, especially in markets where card and…
