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UPI hit a record 22.64 billion transactions in March 2026 worth 29.53 lakh crore rupees, driven by wider digital adoption, with security a key focus for regulators and firms India's real-time payments infrastructure recorded its highest-ever monthly activity in March 2026, underscoring the rapid expansion of digital transactions across the country. India's Unified Payments Interface (UPI), operated by the National Payments Corporation of India, processed 22.64 billion transactions during the m ...Read More >
Mumbai, Apr 2 (PTI) Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the day's low, the 30-share BSE Sensex finally settled higher by 185.23 points, or 0.25 per cent, at 73,319.55. The index opened lower and tanked further by 1,588 points to hit ...Read More >
New Delhi: Unified Payments Interface (UPI) recorded 22.64 billion transactions in March 2026, reflecting continued growth in digital payments across the country, the Department of Financial Services (DFS) said on Wednesday. In a post on X, the department said, "UPI achieves 22.64 Bn transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward." Also Read: India's economy puts up brave front as GST, auto sales and UPI payments surge despit ...Read More >
New Delhi [India], April 2 (ANI): Bharti Airtel on Wednesday announced that it has crossed the milestone of 650 million customers globally. According to an exchange filing, the telecom major, with operations spanning across India and Africa, attributed the growth to its expanding digital services portfolio and robust infrastructure capabilities. In India, Bharti Airtel has 368 million mobile customers, while its Africa operations account for 179 million users across 14 countries. The company n ...Read More >
New Delhi [India], April 2 (ANI): Unified Payments Interface (UPI) recorded 22.64 billion transactions in March 2026, reflecting continued growth in digital payments across the country, the Department of Financial Services (DFS) said on Wednesday. In a post on X, the department said, "UPI achieves 22.64 Bn transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward." The department also encouraged users to continue supporting the growth o ...Read More >
Bangalore : Axis Bank, one of the largest private sector banks in India, today announced the launch of the Registered Mobile Number update journey via Aadhaar Face Authentication on its Mobile Banking app. With this introduction, Axis Bank becomes the first among India's leading banks to implement UIDAI's Aadhaar Face Authentication service as a Do It Yourself (DIY) digital journey for updating registered mobile numbers. This newly launched solution allows customers to update their registered m ...Read More >
Kozhikode (Keralam) [India], April 2 (ANI): Keralam Chief Minister and CPI(M) candidate from Dharmadam, Pinarayi Vijayan, on Thursday released the Left Democratic Front (LDF)'s manifesto for the State Assembly elections, with a core vision for completing Nava Keralam (New Keralam). The CPI(M)-led LDF has promised the welfare pension to be increased from Rs 2000 to Rs 3000, eradication of absolute poverty, and 50 per cent job assurance for women. Also Read | 8th Pay Commission Latest News: Cent ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. EDX Markets, the crypto exchange backed by Wall Street giant Citadel Securities, has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, according to a public filing disclosed Wednesday. The move comes as US regulators under the current Trump administration have adopted a more receptive posture toward crypto firms seeking to operate u ...Read More >
MUMBAI: India's corporate credit profile remained resilient in FY26 with rating upgrades outpacing downgrades across agencies, although moderation in momentum and rising global risks have prompted a more cautious outlook for FY27.India Ratings and Research, CRISIL Ratings, CareEdge Ratings, and ICRA released their assessments for FY26, indicating that while corporate balance sheets remained stable, emerging risks are building as FY27 approaches.The upgrade to downgrade ratio, a key measure of co ...Read More >
Indian equity benchmarks fell sharply as U.S. President Donald Trump's speech on Middle East tensions unsettled investors. Sensex and Nifty 50 dropped over two percent. Experts highlight the lack of a ceasefire as a key factor. Rising oil prices add pressure, as markets await further developments. Indian equity benchmarks experienced a significant drop in the early hours of Thursday trade, following U.S. President Donald Trump's address about the ongoing conflict in the Middle East. The BSE Sen ...Read More >
Summary India's central bank is scrutinizing corporate treasury positions amid rupee pressure from capital outflows and rising crude prices. The Reserve Bank of India aims to assess arbitrage exposure rather than immediate regulation, following new rules on banks' open positions in the forex market. With the rupee under pressure from capital outflows and higher crude prices, India's central bank is expanding its scrutiny beyond banks to corporate treasury positions in the foreign exchange mark ...Read More >
Indian stock markets plunged over 2% after U.S. President Trump's speech on the Middle East conflict disappointed investors. The lack of a ceasefire announcement sparked a surge in crude oil prices, erasing recent gains and increasing volatility. Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address regarding the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within m ...Read More >
New Delhi, April 2: Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address regarding the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within minutes of the opening bell, erasing gains from the previous session's relief rally. The BSE Sensex stood at 71,616.03 points, down 1518.29 points or 2.08 per cent at 9:16 am. Similarly, the NSE Nifty 50 stood at 22,216.90 points ...Read More >
Mumbai: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 2 ...Read More >
MUMBAI, April 2 (Reuters) - Indian banks are set to face heightened uncertainty on Thursday after the central bank's curbs on corporate activity made it costlier for lenders to cut arbitrage positions, potentially saddling them with larger losses. Late on Wednesday, the Reserve Bank of India barred banks from offering rupee non-deliverable forwards to resident and non-resident clients. The move was aimed primarily at halting a surge in corporate-driven arbitrage activity seen on Monday, four b ...Read More >
New Delhi: Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address on the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within minutes of opening, wiping out gains from the previous session's relief rally. The BSE Sensex fell to 71,616.03 points, down 1,518.29 points or 2.08 per cent at 9:16 am. Similarly, the NSE Nifty 50 dropped to 22,216.90 points, down 462.50 point ...Read More >
Mumbai, April 2 (SocialNews.XYZ) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict. Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours. All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among ...Read More >
New Delhi [India], April 2 (ANI): Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address regarding the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within minutes of the opening bell, erasing gains from the previous session's relief rally. The BSE Sensex stood at 71,616.03 points, down 1518.29 points or 2.08 per cent at 9:16 am. Similarly, the NSE Nifty 50 stood at 2 ...Read More >
New Delhi: Defying a broader global slowdown in private capital markets, venture capital (VC) investments in India surged to approximately $ 16 billion in 2025, marking a second consecutive year of expansion, according to a report. The 'India Venture Capital Report 2026' by global consultancy firm Bain & Company and the Indian Venture and Alternate Capital Association (IVCA) revealed that overall deal activity accelerated by about 18 per cent year-on-year, with total transactions exceeding 1,30 ...Read More >
MUMBAI, April 2 (Reuters) - The Indian rupee is poised to open sharply higher on Thursday after the Reserve Bank of India rolled out a fresh set of measures to clamp down on speculative activity, with traders expecting chunky dollar sales as positions are unwound. The 1-month non-deliverable forward indicated the rupee will open in the 92.65-92.70 range versus the U.S. dollar, having settled at 94.83 on Monday. India's financial markets were shut on Tuesday and Wednesday for local holidays. O ...Read More >
Mumbai: The Reserve Bank of India (RBI) late Wednesday tightened its foreign exchange regulations prohibiting banks from offering non-deliverable forward (NDF) contracts to clients, reinforcing measures taken late last week to support the rupee that last fiscal lost the most in 14 years against the US dollar. The new rules could dent banks and large corporate treasuries, experts said. The regulator said banks cannot offer NDF contracts involving the rupee, which lost nearly 10% in FY26, to resi ...Read More >
Mumbai: Shares of capital market companies soared Wednesday after the banking regulator deferred by a quarter the implementation of new lender exposure norms that would have raised capital costs for brokers and reduced leverage for proprietary traders. "The Reserve Bank of India has since received representations from banks, capital market intermediaries, and various industry associations seeking an extension of the effective date, and also flagging certain operational and interpretational issu ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. QCP Group released an article today weighining in the quantum risk for crypto, following the Google whitepaper from March 30 showing Bitcoin‑style elliptic‑curve cryptography can be broken with far fewer quantum resources than previously assumed. The crypto-quantum panic continues raging on, with multiple important voices from crypto and technology, such as former Binance CEO Cha ...Read More >
Salman Khan's brother Sohail Khan sold a commercial property in Mumbai's Andheri for Rs 5.90 crore, including three parking spaces, marking another Khan family real estate move. Bollywood actor Sohail Khan has sold a commercial property in Mumbai's Andheri area. It has been reported that the actor sold the property for about Rs 5.90 crore, as per documents accessed by a real estate analytics firm. The report states that the office space has a carpet area of 1,559 sq ft and was sold along with t ...Read More >
Mumbai: Top private sector banks and telecom companies are replacing one-time passwords (OTPs) and are jointly developing a 'silent authentication mechanism'-a background check that verifies whether the mobile number linked to a banking app matches the SIM currently active on the device. If a discrepancy is detected, the transaction can be flagged or blocked in real time without any action required from the customer. The technology will also be extended to eSIM environments. This additional lay ...Read More >
The Reserve Bank of India (RBI) demonstrates its commitment to efficient service by processing 99.9% of Citizen's Charter applications within the stipulated timeline, ensuring timely resolution for citizens. Key PointsRBI processed 99.9% of Citizen's Charter applications within the prescribed timeline in March 2026, showcasing efficient service.The central bank handled nearly 25,000 applications, including pending and new submissions, demonstrating a high volume of activity.Most pending applica ...Read More >
The Maharashtra Housing and Area Development Authority (MHADA) is holding a lottery for buyers to get their hands on 2,640 affordable homes in Mumbai. The MHADA lottery 2026, an annual scheme, will offer apartments for sale in many areas of Mumbai, including Vikhroli, Goregaon, Borivali, Gorai, Chembur, Bandra, Ghatkopar, Wadala, Powai, and Dadar, among others. Hindustan Times was the first to report that MHADA is expected to announce the lottery of around 2,500 apartments by March 31. The on ...Read More >
New Delhi: The Insolvency and Bankruptcy Code has helped in improving the health of the Indian banking sector, Finance and Corporate Affairs Minister Nirmala Sitharaman said on Wednesday. Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, after the Rajya Sabha approved the bill with a voice vote. It was approved by the Lok Sabha on March 30. Replying to a short discussion on the bill in the Rajya Sabha, the minister said the World Bank, in its 2019 report, observed tha ...Read More >
Kolkata, April 1 (SocialNews.XYZ) Kolkata-based industrialist Pawan Kumar Ruia, arrested by the cybercrime division of the West Bengal Police in connection with a Rs 600 crore cyber fraud case, was on Wednesday remanded to seven days of police custody by a district court. Ruia, who was arrested on Tuesday evening outside a hotel in New Town on the northern outskirts of Kolkata, was produced before the Bidhannagar sub-divisional court on Wednesday afternoon. During the hearing, the public prosec ...Read More >
Kolkata: Kolkata-based industrialist Pawan Kumar Ruia, arrested by the cybercrime division of the West Bengal Police in connection with a Rs 600 crore cyber fraud case, was on Wednesday remanded to seven days of police custody by a district court. Ruia, who was arrested on Tuesday evening outside a hotel in New Town on the northern outskirts of Kolkata, was produced before the Bidhannagar sub-divisional court on Wednesday afternoon. During the hearing, the public prosecutor sought police custod ...Read More >
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