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Indian regulatory policy, fintech integration, and grassroots startup traction.
The Indian rupee, currently trading at 94.81 to the dollar, was Asia’s worst-performing currency till a week ago, declining 7 per cent over the past nine months (following a 5 per cent decline over calendar 2025), before a spate of RBI measures helped the cur…
UPI transformed merchant payments from a cash-and-change routine into a low-cost digital habit. As India reconsiders MDR, the challenge is to fund future innovation and cyber resilience without undermining adoption.
The Reserve Bank of India issued a standardized checklist to major banks last week, requiring detailed information on overseas direct investments exceeding $1 billion
The Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collect and present detailed information regarding these investments to the RBI. This initiative aims to prevent potential los…
The Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collect and present detailed information regarding these investments to the RBI. This initiative aims to prevent potential los…
CBI gets SMPP CEO Ashish Kansal’s custody till Oct 23; Munitions India Ltd executive director B R Anil Kumar and brother sent to judicial custody in defence bribery case.
Anand Mahindra praised India’s startup ecosystem, highlighting companies including Ethereal Machines, Pranos Fusion Energy and Scimplify. He said young entrepreneurs are developing advanced manufacturing, fusion and chemical technologies that could help India…
Official Reserve Bank of India exchange rates - 6 currencies vs INR, history since 2003. Keyless, zero-dependency Python client.
Official Reserve Bank of India exchange rates - 6 currencies vs INR, history since 2003. Keyless, zero-dependency Python client.
Flipkart-owned fintech company Super.money is now among the top five UPI apps in India. This and more in today’s ETtech Top 5.
Even Healthcare has raised $50 million in a funding round led by Khosla Ventures, as the Indian startup seeks to change how hospitals in the world’s most populous country make money and how doctors are rewarded. The all-equity Series B round also saw particip…
Indian government bonds may weaken as elevated oil and a hawkish RBI push yields higher, with the 2036 bond likely trading 7.37-7.42%.
MUMBAI: Visa, the world’s largest payments network, is expanding its focus in India towards affluent consumers, cross-border spending and higher-value
Bank holiday today: Several Indian states observe a bank holiday in celebration of various festivals, including Mahanavami. Nevertheless, banks may remain open in some regions, so it's prudent to verify local operations. Customers can still access digital ban…
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions greater than 2,000 rupee…
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions greater than 2,000 rupee…
The Securities and Exchange Board of India (SEBI) has lately initiated a rash of reforms that make it easier for domestic companies to launch IPOs (Initial Public Offers) in uncertain markets. Last week, it mooted draft regulations seeking to substantially ti…
Axis Bank credit card holders can now tap to pay using biometrics without PIN or OTP, though the launch excludes UPI integration and RuPay support.
Shadow economy drives demand for physical currency as new charge could hit popularity of the UPI digital payments interface
Rubio's visit may signal shifts in U.S.-India energy ties, potentially impacting oil prices and influencing U.S. political dynamics. The post Rubio to visit India’s largest oil refinery amid US diesel price surge appeared first on Crypto Briefing.
Axis Bank's digital payments platform Freecharge has received in-principle approval from the Reserve Bank of India. The approval allows Freecharge to operate under PA-O1 and PA-P1 categories starting in FY27. The bank has reported a 34% year-on-year growth in…
Former Dyson India MD Ankit Jain’s startup Foundry has raised ₹12 crore in pre-seed funding. The premium home appliance company plans to launch its first kitchen products in the second half of 2027, using the funds for technology development and product engi…
India’s economy, from one perspective, has a huge leg up on the U.S.: Its workforce is young and growing. “Marketplace” host Kai Ryssdal visited Mumbai to learn what that growth looks like on the ground. In this episode, Kai and ADP Chief Economist Nela Richa…
Software development startup RapidCanvas Inc. today announced that it has raised $29 million in funding. Vertex Ventures SEA & India led the Series B round with contributions from Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners and Titanium…
HSBC has deployed more than half of its $1 billion loan commitment to Indian startups within a year of launching its innovation banking platform. The British lender has reported strong demand across consumer technology, e-commerce and enterprise software, and…
All the Indian branches of Emirates NBD will function as branches of RBL Bank Limited with effect from December 01, 2026.
The move consolidates the Dubai-based lender’s Indian operations with RBL Bank after its over ₹26,000-crore acquisition of a 60% stake, as the private lender plans to expand branches and deepen its corporate and wealth businesses.
RBI has approved the merger of Emirates NBD’s Indian branches with RBL Bank from 1 December 2026. The decision follows Emirates NBD’s ₹26,000 crore investment for a 60% stake in RBL Bank, completed in June 2026.
The Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially take effect on December 1, 2026, according to the central bank's announcement. Emirates NBD Bank initially opened its fir…
The merger follows Emirates NBD’s $2.75-billion capital infusion into RBL Bank, completed in June after regulatory approvals and a mandatory open offer.
The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measures curbed dollar demand, while a weaker dollar index supported the currency despite corporate buying pressure.
The amalgamation will take effect on December 1, 2026, following Emirates NBD's acquisition of a 60 per cent stake in RBL Bank through a Rs 26,000 crore capital infusion
Indian government bonds have experienced ongoing losses for nine consecutive weeks due to RBI's monetary tightening measures. The benchmark 6.94% 2036 bond yield has climbed over 62 basis points during this period, reflecting investor concerns. Additionally, …
Following the Reserve Bank of India’s (RBI) repo rate hike, several banks have increased their Repo-linked Lending Rates (RLLR). With this increase, home and other loans linked to the repo rate at these banks have become costlier. Banks like State Bank of Ind…
India’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank of India (RBI). The decline followed a $12.952 billion drop in the previous week. Foreign currency assets …
Navik Yantrik Enrolled Person Vacancy Recruitment in Coast Guard 2026 Online applications in the prescribed format are invited from Indian Nationals possessing educational qualifications and age as prescribed below from suitable candidates for recruitment …