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Paytm and PPBL terminate inter-company agreements in pursuit of independent futures

Paytm and PPBL terminate inter-company agreements in pursuit of independent futures

Mar 01, 2024

The announcement, made jointly by Paytm and PPBL, signals a significant shift in their corporate strategy towards enhancing the autonomy of PPBL and fostering its independent governance structure.

Why Vijay Shekhar Sharma resigned as Paytm Payments Bank chairman

Why Vijay Shekhar Sharma resigned as Paytm Payments Bank chairman

Feb 27, 2024

Following the announcement, brokerage firm Macquarie released a note interpreting Sharma's resignation as an attempt to "salvage some value from Paytm Payments Bank" by signaling a willingness to relinquish control.

EPFO announces 8.25% interest rate on employees' provident fund for 2023-24, highest in three years

EPFO announces 8.25% interest rate on employees' provident fund for 2023-24, highest in three years

Feb 10, 2024

The decision, reached during the EPFO's apex decision-making body, the Central Board of Trustees (CBT) meeting on February 10, sets the interest rate at 8.25 per cent, marking a notable increase from the previous year's rate.

RBI keeps repo rate unchanged at 6.50 per cent

RBI keeps repo rate unchanged at 6.50 per cent

Feb 08, 2024

The decision was announced following the resolution of the Monetary Policy Committee (MPC) meeting held from February 6 to 8, 2024.

Mukesh Ambani tops Global Brand Guardianship Index 2024

Mukesh Ambani tops Global Brand Guardianship Index 2024

Feb 04, 2024

The Brand Guardianship Index is a global acknowledgment of CEOs who contribute to business value sustainably by balancing the needs of stakeholders.

RBI imposes restrictions on paytm, CAIT urges traders to shift to alternate payment methods

RBI imposes restrictions on paytm, CAIT urges traders to shift to alternate payment methods

Feb 04, 2024

The advisory comes as a proactive measure to protect the financial interests of small traders, vendors, hawkers, and women who heavily rely on Paytm for their transactions.

RBI cracks down on PayTm Payments Bank, asks to stop transaction after Feb 29

Jan 31, 2024

The Reserve Bank of India (RBI) has issued a directive prohibiting Paytm Payments Bank Limited (PPBL) from accepting deposits or top-ups in any customer account, including wallets and FASTags.

Sensex ends 1,000 points lower, Nifty down over 333 points

Jan 23, 2024

Benchmark stock market indices fell sharply at the closing bell on Tuesday, sharply reversing gains in early trade.

Decoding Budget 2024: Understanding the key differences between Interim and Regular budgets

Decoding Budget 2024: Understanding the key differences between Interim and Regular budgets

Jan 17, 2024

Finance Minister Nirmala Sitharaman has indicated that the interim budget on February 1 will not feature major announcements.

Eight out of 10 consumers want customized health insurance policies: MD Future Generali India Insurance Company

Eight out of 10 consumers want customized health insurance policies: MD Future Generali India Insurance Company

Nov 10, 2023

Future Generali India Insurance reports increased consumer interest in customised health insurance policies. The Covid-19 pandemic has led to a re-evaluation of insurance needs, contributing to the company's growth.

India eases import restrictions on laptops and computers, shifts focus to monitoring

India eases import restrictions on laptops and computers, shifts focus to monitoring

Oct 14, 2023

In a bid to boost the technology sector, India has eased import restrictions on laptops and computers. The shift in focus to monitoring aims to ensure all imported goods meet necessary standards.

Vayana TradeXchange (VTX) targets $7.5 billion in transactions by 2025

Vayana TradeXchange (VTX) targets $7.5 billion in transactions by 2025

Jun 23, 2023

Vayana TradeXchange (VTX) has officially commenced its commercial operations, offering a unique and seamless trade financing solution for exporters and importers in India and around the world.

Finance Minister Nirmala Sitharaman to attend Spring Annual Meetings of IMF in Washington DC

Finance Minister Nirmala Sitharaman to attend Spring Annual Meetings of IMF in Washington DC

Apr 08, 2023

During her visit, Sitharaman is expected to have bilateral engagements with her counterparts from G20 countries and Heads of other delegations on the sidelines of the Spring Annual Meetings.

Madhya Pradesh: Man with monthly income of Rs. 53,000 slapped with Rs. 113 crore I-T demand notice for alleged transactions

Madhya Pradesh: Man with monthly income of Rs. 53,000 slapped with Rs. 113 crore I-T demand notice for alleged transactions

Apr 07, 2023

The department claimed that Ravi Gupta, a resident of Bhind, is a promoter of Tiya Traders, a diamond trading company registered as a firm in Surat and Mumbai.