New Deli [India], November 19: In an unprecedented move that is set to redefine industry benchmarks, SabPaisa (SRS Live Technologies Pvt. Ltd.), India's RBI-approved payment aggregator, today announced the simultaneous launch of 14 enterprise-grade products across its platform. The feat was
The report highlighted that its expectation is driven mainly by continued downside surprises in headline Consumer Price Index (CPI) inflation. "On monetary policy, we expect the RBI to ease rates 25bp in the Dec-25 policy meeting, with a terminal policy rate of 5.25 per cent".
Gurugram (Haryana) [India], November 18: MobiKwik, India's leading digital wallet and UPI platform announced the launch of Forex payments on its mobile app in partnership with NPCI Bharat BillPay Limited (NBBL). With this milestone, MobiKwik becomes one of the first fintechs to bring digital
Mumbai (Maharashtra) [India], November 17: PayU, India's leading diversified fintech platform, has received integrated authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across online, offline (physical) and cross-border transactions, including both Inward
India's foreign exchange reserves declined by USD 2.699 billion in the week that ended November 7 to USD 687.034 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
Each conference will serve as a gateway to accelerated regional growth and inclusive development. In the run-up to each Regional Conference, a one-day district-level programme will be organised to highlight local opportunities and initiatives.
The retail inflation excluding gold is expected to remain negative over the next two months, said a report by SBI Research, highlighting an unusually low-inflation environment in India.
In a significant move aimed at cushioning Indian exporters from the impact of global trade disruptions, the Reserve Bank of India (RBI) on Friday introduced a series of regulatory relaxations and relief measures.
India's retail inflation is expected to undershoot RBI's target (2.6 per cent) in the current fiscal 2025-26, Bank of Baroda said in a report on Wednesday, as the country's Consumer Price Index reported a record low in October.
"When intent is strong and governance is lived in spirit, overlaps simplify and gaps close. When intent is weak, the reflex is to add more rules and procedures - multiplying work but losing sight of the real risk," he said.
The rupee traded within a narrow range of Rs 87.83-Rs 88.70 per dollar over the past month, with volatility easing sharply from over 4 per cent in October to about 1.2 per cent in November.