As per the complaint, despite refusal to pay the bribe, the accused persisted with the demand and issued threats. It was alleged that non-payment of the bribe led to the deliberate withholding of consignments, the release said.
Pune (Maharashtra) [India], July 31: For many entrepreneurs and small business owners in India, the biggest hurdle to growth is not a lack of ideas--but a lack of timely funds. Whether it's a sudden inventory requirement, delayed client payments, or the need to invest in equipment or staff,
In a clear signal of India's accelerating digital payments revolution, the Reserve Bank of India (RBI) on Monday announced that its Digital Payments Index (RBI-DPI) surged to 493.22 in March 2025, up from 465.33 recorded in September 2024.
The payments and financial services distribution company, Paytm, which announced its profitability in the first fiscal quarter, also reinforced its leadership in the merchant payments ecosystem, through its differentiated full-stack payments technology offerings that empower micro, small, a
Bangalore (Karnataka) [India], July 28: CARD91, a leading payments infrastructure provider, has introduced a secure and compliant AI-led Merchant Onboarding, Verification, and Classification Suite to streamline onboarding, reduce fraud, and ensure regulatory compliance for banks and payment
Bangalore (Karnataka) [India], July 28: Numeros Motors, a new-age original equipment manufacturer specializing in indigenous electric vehicles, joined forces with Perpetuity Capital, a fast growing NBFC specializing in EV financing. This is a strategic move and would ensure tailored financin
Despite repeated promises and agreements, the Pakistani government has once again failed to honour its financial commitments under the China-Pakistan Economic Corridor (CPEC), with outstanding payments to Chinese power producers ballooning to PKR 423 billion by June 2025, The Express Tribune
In a post on his Truth Social account, Trump accused Harris of spending millions of dollars to buy endorsements from stars such as singer Beyonce, TV host Oprah Winfrey, and civil rights activist Al Sharpton. He alleged the endorsements were paid for and not genuine, and called for legal
As BRICS+ economies deepen collaboration to reshape the global financial system, three key institutional initiatives: the cross-border payments platform, the New Development Bank (NDB), and the BRICS Contingent Reserve Arrangement (CRA) are gaining strategic momentum, according to the EY Ec
Prime Minister Narendra Modi's visit to the Maldives saw key agreements on credit, trade, health, and digital payments. Both nations reaffirmed ties, launched talks on a Free Trade Agreement, and celebrated 60 years of diplomacy with commemorative stamps and development projects across ho
Misri, while addressing a special briefing by the Ministry of External Affairs on Prime Minister's visit to Maldives said that Network-to-Network Agreement between India's NPCI International Payment Limited (NIPL) and Maldives Monetary Authority (MMA) on UPI in Maldives was signed.