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Move also removes restriction on Paytm Payments Services Limited from onboarding new merchants which was imposed on the company on November 25, 2022
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The RBI projects inflation at 3.1 per cent for 2025–26, with a likely uptick above 4 per cent by year-end.
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Tata Consultancy Services (TCS) has partnered with NOW Corporation’s telecom arm to develop the Philippines’ sovereign data cloud, strengthen digital infrastructure, and promote financial inclusivity, focusing on secure networks, cyber defence, healthcare, and digital banking under the Trusted Network Initiative framework
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Finance Minister Nirmala Sitharaman told Parliament there is no proposal to restore the Old Pension Scheme for central government staff under NPS. Instead, the Unified Pension Scheme offers defined retirement benefits while ensuring fiscal sustainability. Household net financial position has improved
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The RBI has proposed standardised forms and uniform procedures for settling claims related to deceased customers’ accounts and lockers within 15 days, including compensation for delays, to streamline processes and improve customer service across all banks
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Customers of metro and urban branches must maintain a minimum average balance of Rs 50,000 under the new structure — up from the earlier limit of Rs 10,000
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SEBI has proposed easing FPI norms to allow resident Indians and mutual funds greater access to foreign funds via IFSC-based schemes. The move aims to boost investment diversification, with public feedback invited until August 29
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India and Oman are close to finalising their Comprehensive Economic Partnership Agreement, with the signing expected soon. The pact, currently being translated into Arabic, will reduce tariffs, ease trade norms, and strengthen bilateral trade ties exceeding USD 10 billion annually
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Indian Railways has launched a discounted ‘Round Trip Package’ for the 2025 festive season, offering a 20 per cent rebate on return fares. The scheme applies to confirmed tickets in both directions and aims to ease festival travel congestion
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As of March 2025, Jio had around 191 million 5G users on its network contributing about 45 per cent to its wireless data traffic
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However, the promoter group firms that Reliance Industries chairman controls earn a dividend income of Rs 3,655 crore
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Paytm is now fully Indian-owned after Ant Group exited by selling its residual 5.84 per cent stake. The move marks a major shift in the company’s ownership structure, aligning with its long-standing vision of building a homegrown tech champion
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WhatsApp has rolled out a ‘Safety Overview’ feature to protect users from being added to unknown groups, as part of a broader anti-scam push. Over 6.8 million scam-linked accounts were banned, with operations disrupted across Southeast Asia
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Infosys has inaugurated a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka. Part of its global Living Labs network, the facility enhances digital innovation and pushes its local workforce beyond 1,000 employees
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RBI Governor Sanjay Malhotra dismissed US President Donald Trump's "dead economy" jibe, asserting that India is doing well and contributing 18% to global growth—more than the US. Inflation won't be impacted by potential oil-related sanctions, he added
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RBI Governor Sanjay Malhotra assured that the central bank will continue to take necessary steps to support India’s economic growth amid global trade uncertainties. He also expressed optimism about an amicable resolution to ongoing trade negotiations
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According to sources, Reliance Group Chairman sought to deny any involvement in the case, maintaining that all the financial decisions were taken by the internal board of his companies
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New Delhi calls the threat of additional tariffs “unjustified and unreasonable”
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Over 84,000 gaming account credentials were leaked in India in 2024, according to cybersecurity firm Kaspersky. The Asia-Pacific region leads globally in gaming-related data breaches, with over 11 million accounts exposed worldwide amid rising mobile and digital penetration
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The fresh funds infusion comes soon after corporate venture arm of IndiGo made its first investment in Jeh Aerospace last month
