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In a first, India links online payment systems for seamless cross-border t
Updated : 3 years, 1 month ago IST
In what is a first-of-its-kind collaboration with another country, India and Singapore on Tuesday linked their respective online payments systems -- Unified Payments Interface (UPI) of India and PayNow of Singapore -- for seamless cross-border transactions between the two countries.
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India, Singapore to link digital payments systems for cross-border transac
Updated : 3 years, 1 month ago IST
The linkage of these two payment systems of both countries would enable residents of both countries to the faster and more cost-efficient transfer of cross-border remittances.
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India's forex reserves saw steepest weekly decline in over 11 months
Updated : 3 years, 1 month ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined USD 7.108 billion to USD 500.587 billion.
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DY Patil T20 Cup: Karun Nair shines in Canara Bank's win over RBI
Updated : 3 years, 1 month ago IST
After being asked to bat, Canara Bank posted an impressive 184 for four in their 20 overs and in response RBI team was bowled out for 122 in 18.5 overs
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Economic headwinds, inflation must be factored in while investing in real
Updated : 3 years, 1 month ago IST
With expected headwinds from the economic slowdown and inflationary pressure in 2023, investors must factor into those aspects before jumping into an investment decision - including for the real estate assets, said real estate consultancy firm Anarock.
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DY Patil T20 Cup, Day 2: Shivam Dube's effort goes in vain for BPCL
Updated : 3 years, 1 month ago IST
BPCL posted 170 for nine in their 20 overs. Shivam Dube top-scored with 84 off 59 balls with 13 boundaries and a six. Dube shared an 80-run fourth wicket stand with Sahil Jadhav. n their response, RBI chased down the target in 18.1 overs to finish on 172 for three.
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Computer Age Management Service gets RBI's in-principle nod for payment ag
Updated : 3 years, 1 month ago IST
Payment aggregators are intermediaries playing an important function in facilitating payments in the online space.
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Jairam Ramesh writes to RBI, SEBI seeking investigations on Adani Group
Updated : 3 years, 1 month ago IST
Jairam Ramesh said a full-fledged independent investigation must be carried out on the numerous allegations levelled against the Adani Group.
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Cong leader moves SC seeking probe against Adani Group on basis of Hindenb
Updated : 3 years, 1 month ago IST
The petitioner has urged the Supreme Court to set up an investigation against Adani Group of Companies and its associates, which have allegedly swindled crores of money from the public and the government exchequer. It sought a probe by various investigating agencies, namely, CBI, ED, DRI, CB
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India's retail inflation again beyond comfort zone; here's what analysts h
Updated : 3 years, 1 month ago IST
India's retail inflation was above RBI's six per cent target for three consecutive quarters and had managed to fall back to the RBI's comfort zone only in November 2022.
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India's retail inflation again breaches RBI's comfort zone
Updated : 3 years, 1 month ago IST
India's retail inflation was above RBI's six per cent target for three consecutive quarters and had managed to fall back to the RBI's comfort zone only in November 2022.
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India's forex reserves decline after three weeks' rise
Updated : 3 years, 1 month ago IST
India's foreign exchange reserves declined by USD 1.494 billion to USD 575.267 billion in the week ending on February 3.
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