Get ready for double whammy of US jobs and inflation
Investors and policymakers are gearing up for a busy week of US economic reports that includes arguably the…
From UPI to CBDCs, India sets digital payments agenda at BRICS
New Delhi: India is likely to push for seamless cross-border payments using central bank digital currencies (CBDCs) within…
India Central Bank Suggests BRICS CBDC Link-Up As Members Look Beyond Dollar Rails
India’s central bank wants BRICS members to connect their official digital currencies, aiming to make cross-border trade and…
RBI proposes linking BRICS’ digital currencies, says report – here’s why it would be an important move
The Reserve Bank of India (RBI) has proposed linking the official digital currencies of BRICS countries to facilitate…
UK’s Revolut to launch India payments platform, eyes 20 million customers by 2030
MUMBAI (Reuters) -London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India,…
Subdued US Job Growth Expected in Advance of Fed Meeting
Commuters wait for a red line train at a metro station in Washington, DC, on Sept. 23. (Bloomberg)…
Retail inflation quickens to 2.07% in Aug from 1.55% in July
India’s retail inflation quickened to 2.07% in August from an eight-year low of 1.55% in July, driven by…
Paytm Payments Services Wins Payment Aggregator Authorization
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve…
RBI to make process easy for legal heirs claiming money from bank accounts of deceased customers
Mumbai, Aug 06: The Reserve Bank of India (RBI) announced on Wednesday that it has decided to standardise…
Legal heirs to find it easier to claim deceased person’s bank account, lockers: RBI plans to simplify procedure
Reserve Bank of India (RBI) governor, Sanjay Malhotra, announced three consumer centric initiatives on the concluding day of…