India has emerged as a global leader in real-time digital payments, primarily driven by the Unified Payments Interface (UPI). Launched in 2016, UPI has revolutionized India's payment ecosystem, processing over 18 billion transactions monthly and accounting for 85% of the country's digital payments.
With India accounting for 46% of global rice exports, the country is expected to ‘emerge as the primary beneficiary of the move for its proximity, availability and competitive pricing’
These fake emails, sent from addresses like info@smt.plusoasis.com and appearing to come from “PAN 2.0 Cards,” falsely claim that the Income Tax Department has introduced a new PAN version with QR codes. The message urges people to click a link to download a free “e-PAN,” but it’s actually a scam.
Sona Comstar is partnering with Jinnaite Machinery Co Ltd in a $20 million joint venture to manufacture driveline systems and components for electric vehicles in China. Sona Comstar will hold a 60% stake, aiming to expand its Asian foot ...more
UPS vs NPS: Government employees now have until September 30 to choose between the New Pension System (NPS) and the Unified Pension Scheme (UPS), with clarification that both offer similar tax benefits. NPS, a market-linked option, suit ...more
Indian Overseas Bank (IOB) has announced a record net profit of Rs 1,111 crore for Q1 FY26, a 76% increase year-on-year. Confident in sustaining this growth, IOB targets 12% overall business growth for FY26 and aims to recover Rs 4,500 ...more
K Ram Kumar Large banks such as ICICI Bank, HDFC Bank and Union Bank of India have seen muted corporate credit growth in Q1FY26
The EU's new sanctions on Russian oil could jeopardize India's $15 billion fuel exports. These sanctions target refined petroleum products made from Russian crude, potentially restricting access to European markets.
Post this investment, two global investors ADIA and Warburg Pincus will back Meril
India's electronics exports soared by 47% in Q1 FY26, reaching $12.41 billion, driven by strong demand from the US, UAE, and China. Ready-made garment exports also increased, with the US remaining the top market. Marine exports saw sign ...more
Axis Bank’s fresh slippages or bad loans spiked 71 per cent sequentially to ₹8,200 crore in Q1FY26
New Delhi wants stringent rules of origin to check Chinese trans-shipments, say sources
Indigo Flights From Hindon Airport: The Civil Aviation Minister said that the launch of IndiGo’s operations from Hindon airport is a significant milestone in enhancing regional connectivity and would strengthen the Indian aviation infrastructure.
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