India has emerged as one of the most dynamic fintech markets globally, driven by a potent combination of digital public infrastructure (UPI, Aadhaar, Account Aggregator), a mobile-first population, and regulatory clarity, a report showed on Monday.
Fintech-led digital lending grew at a 35 per cent CAGR in 2024, driven by...
Worldline ePayments India Pvt Ltd, one of the leaders in digital payments, on Tuesday announced that it has received authorisation from the Reserve Bank of India (RBI) to operate as an export-Import payment aggregator Cross-Border (PA-CB E&I) under the Payment and Settlement Systems Act, 2007.
This authorisation enables the digital...
India has surpassed Japan to become the world’s fourth-largest economy. NITI Aayog CEO B.V.R. Subrahmanyam said, India is now poised to displace Germany from the third rank in the next 2.5 to 3 years. Yesterday, briefing the media after tenth Governing Council Meeting of NITI Aayog in New Delhi,...
The Central Board of Directors of the Reserve Bank of India (RBI) has approved a record transfer of over 2.68 lakh crore rupees as surplus to the Central Government for the financial year 2024-25. The decision was taken during a board meeting chaired by RBI Governor Sanjay Malhotra in...
The contest in Silicon Valley to dominate artificial intelligence is playing out on a new court: superstar researchers.
While the scramble to attract top talent and keep them happy has always been a hallmark of the tech industry, since ChatGPT launched in late 2022, recruiting has escalated to professional athlete...
Reliance Power on Monday said it has signed a commercial term sheet for long-term power purchase agreement with Green Digital Pvt Ltd, owned by Druk Holding and Investments Ltd, the investment arm of the Royal Government of Bhutan.
Reliance Power and Druk Holding and Investments Ltd (DHI) will jointly develop...
India and the European Union (EU) chief negotiators have concluded another round of talks on the proposed free trade agreement (FTA) here and agreed to reach a deal in two phases, according to an official.
“The 11th round of talks concluded on May 16,” the official said.
The two sides have...
The Japanese economy contracted at an annual rate of 0.7% in the first quarter, according to government data released Friday, as US President Donald Trump’s trade war hurt exports and dented consumer confidence.
Japan’s real gross domestic product, or the measure of a nation’s goods and services, shrank at...
Indian defence stocks surged up to nine per cent in today’s trade session after Prime Minister Narendra Modi’s push for ‘Made in India’ defence equipments. Mr Modi, in his first address to the Nation yesterday post Operation Sindoor, emphasized that time has come for Made in India military gear....
The Indian rupee opened 75 paise stronger at 84.65 against the US dollar on Tuesday, compared to its previous close of 85.38 per dollar.
According to analysts, the trading range for the day was expected to lie between 84.50 and 85.25. The dollar maintained its gains following a significant trade...
