transactions

This will enable UPI payment acceptance in Qatar through the QNB merchant network, benefiting Indian travelers arriving and transiting in the country.“We believe that enabling UPI acceptance in Qatar will substantially benefit the large number of Indians visiting the country, simplifying their...

New Delhi's government-backed Open Network for Digital Commerce expects to register 30-40 million monthly transactions through the platform by March next year, its managing director and chief executive T Koshy said on Wednesday.The open network recorded 10 million transactions in June, a...

New Delhi: Government-backed Open Network for Digital Commerce (ONDC) is expecting 30 to 40 million monthly transactions through the platform by March 2025, its CEO T Kosi said on Wednesday.There were 10 million transactions on the open network in June, up from 7 million in March.“In March...

According to reports by Kearney India and Amazon Pay India, the digital payments revolution is being led by India's Millennials (aged 25-43) and Gen X (aged 44-59). Boomers (ages 60 and older) have more card and wallet use than younger groups.Shashwat Sharma said, “From the widespread adoption...

New Delhi: MobiKwik has become the largest digital financial services platform in terms of PPI wallet transactions by value in April and May, the company said on Monday.Citing Reserve Bank of India (RBI) data, MobiKwik said it has gained market share in financial transactions through prepaid...

New Delhi, MobiKwik on Monday said it has become the largest digital financial services platform in terms of PPI wallet transactions by value in April and May.Citing Reserve Bank of India (RBI) data, MobiKwik said it has gained its market share in financial transactions through prepaid payment...

The company responsible for building and maintaining parts of the JMSDF submarine fleet allegedly manipulated subcontractors to conduct fraudulent transactions and used bribes to bribe submarine crew members, Xinhua news agency reported on Friday. Gained billions of yen in secret funds...

Kolkata, Measures are needed to curb speculative trading and develop a long-term investment culture, said Nilesh Shah, part-time member of the Prime Minister's Economic Advisory Council (EAC-PM).Shah, also CEO of Kotak Mahindra Asset Management Company Ltd, highlighted how long-term equity...

According to a Knight Frank India report, Bengaluru saw the highest GCC-focused transactions at 4 million sq ft, followed by Hyderabad at 3 million sq ft.India has consistently maintained its position as one of the fastest growing large economies, which has had a positive impact on office...

According to a Knight Frank India report, transactions registered a growth of 33 per cent (year-on-year) in H1 2024 from 26.1 million sq ft in H1 2023.Bengaluru remained the largest office market with transactions of 8.4 million sq ft, which is 26 per cent of the total office volume...

For this, NPCI International Payments Limited has partnered with Network International, a large digital commerce company in the Middle East and Africa.Now Indian travelers or NRIs in UAE will make Unified Payment Interface (UPI) payments through QR codes through point of sale machines.Ritesh...

The main focus of the investigation is on former West Bengal Education Minister and Trinamool Congress general secretary Partha Chatterjee and his close aide Arpita Mukherjee.Benami Transactions (Prohibition Act) does not permit financial transactions in which property is transferred from one...

New Delhi [India], India and Myanmar pioneered a new bilateral trade payment system when the Punjab National Bank's Yangon office on Tuesday completed the first transaction exceeding Rs 1 million for a consignment of pulses under the Rupee-Kyat Settlement Mechanism.The initiative aims to...

New Delhi, newly appointed CBDT chairman Ravi Agrawal told Income Tax Department officials that the decisions they take have implications on the country's economy, ease of doing business and international transactions, and told them He asked them to develop a 100-day action plan.Agrawal, 59...

The new rules also aim to empower authorized dealer banks to provide quicker and more efficient service to their forex customers.RBI said the decision to rationalize the rules covering export and import transactions is a continuation of its efforts to progressively liberalize the policies...

New Delhi: The CBI seized Rs 1.59 crore in cash and crucial digital evidence during its three-day search operation after busting a corruption racket in Mumbai's Passport Seva Kendras, officials said on Tuesday.After registering 12 cases against 14 officials and 18 brokers and middlemen of the...

New Delhi: The CBI seized Rs 1.59 crore in cash and crucial digital evidence during its three-day search operation after busting a corruption racket in Mumbai's Passport Seva Kendras, officials said on Tuesday.After registering 12 cases against 14 officials and 18 brokers and middlemen of the...

"This reflects the Open Network's ability to handle high volumes of transactions during important events. Additionally, the F&B category witnessed exceptional growth, registering 61,000 orders," ONDC said in a statement.These figures reflect the growing acceptance of the ONDC network approach...

Praising the leadership of PM Modi, Kant said that today people in India make 130 billion fast payment transactions in a year."Today in India, we do 130 billion instant payment transactions a year and India's digital payments success story has been written under the leadership of PM Narendra...

New Delhi, luxury cars such as Mercedes Benz and Lexus, and watch brands such as Rolex and Hublot, besides more than 140 bank accounts and lockers, were seized after the ED raided a Mumbai-based business group in a alleged bank loan fraud of Rs 975 million related to money. wash case.The...