SEBI Updates FPI Regulations; Allows Net Settlement for Direct Cash Transactions
The Securities and Exchange Board of India (SEBI) has updated its previous circular to allow net settlement of funds for outright transactions…
11:11 | Trump Intensifies Iran Conflict Stance, Gold Prices Fall, UPI Achieves Record Transactions, Artemis II Launch, and Additional Updates
US President Donald Trump addressed the ongoing conflict between Iran and Israel in a televised speech from the White House, highlighting the…
Japan to Test UPI Payments to Simplify Transactions for Indian Tourists
India’s indigenous digital payments platform, the Unified Payments Interface (UPI), is set to launch in Japan on a trial basis. This…
PhonePe Payment Gateway Introduces ‘Bolt’ for Enhanced Security of Visa and Mastercard Transactions through the App
PhonePe Payment Gateway recently introduced ‘PhonePe PG Bolt’ for transactions made via Visa and Mastercard credit and debit…
RBI Releases Revised Guidelines on Related-Party Lending, Permitting Non-Compliant Transactions Under Specific Conditions
The Reserve Bank of India (RBI) has released its Amendment Directions regarding Lending to Related Parties for banks, non-banking financial…
Rupee-Rouble transactions hindered by sanctions concerns; India advances FTA discussions with Russia-led EAEU.
The Rupee-Rouble trade has not yet taken off as banks and service sector companies with ties to the United States are cautious about risking…
Bhartia family set to sell shares in three Jubilant firms through block transactions.
The Bhartia family of Jubilant Bhartia Group is reportedly preparing to divest shares in three of its publicly traded companies — Jubilant…