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Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
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Diwali Bank Holidays 2025: Are Banks Open Today On Govardhan Pooja? Here's What RBI Calendar Says
Bank Holiday Today: An important point to be noted here is that online banking and digital payment services will continue to function normally.
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Google, World Bank Tie-Up To Build AI-Powered Public Digital Infrastructure In Emerging Markets
Google and the World Bank Group are collaborating to build AI-powered public digital infrastructure for emerging markets, the search engine giant announced on its official blog.
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5 Apps You Can Use to Buy Digital Gold This Dhanteras
The auspicious day of Dhanteras is here, and it marks the start of the festive season in India. It is almost customary to commemorate this occasion by purchasing metals like gold and silver as a mark of good fortune. Instead of making the purchases physically, you can buy digital gold as a more convenient means of making the investment. Here are fi...
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JPMorgan Plans to Launch Crypto Asset Trading Services
JPMorgan Chase is preparing to roll out cryptocurrency trading services, marking a major expansion of its digital-asset strategy. The bank’s global head of markets and digital assets, Scott Lucas, confirmed the move while clarifying that crypto custody is not yet part of its near-term plans. This development aligns with JPMorgan’s blockchain in...
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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
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UK Billionaire Nik Storonsky Moves To UAE, Becomes The Latest Ultra-Rich CEO To Leave London
Britain's Billionaire Exodus: His departure is part of a growing trend of ultra-wealthy individuals leaving the UK due to tax policy changes.
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RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
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Qatar National Bank Adopts JPMorgan’s Blockchain Platform for Instant US Dollar Payments
Qatar National Bank (QNB) has integrated JPMorgan’s Kinexys Digital Payments platform to process US dollar corporate transactions in minutes. The platform offers 24/7 settlement, handling billions daily, and signalling growing institutional adoption of blockchain. Analysts say this move strengthens confidence in digital assets like Bitcoin, Ether...
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"Hope My Story Serves As Warning": Ex-Banker Loses Rs 23 Crore In Digital Arrest
A 78-year-old former banker who lost his life's savings, a whopping Rs 23 crore, to a fake "digital arrest," hopes his loss will serve as a warning to others.
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iPhone 17 Series, iPhone Air Pre-Order Discounts Announced by Croma, Ingram Micro India, and Vijay Sales
The iPhone 17 series and iPhone Air were launched by Apple in India and the global markets on September 9. Ingram Micro, Croma, and other retailers in India have now announced their pre-order offers on the handsets. Customers can avail of bank discounts, no-cost EMI options, and exchange benefits.
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Gurugram Woman Loses Rs 5.85 Crore In Cyber Scam, Blames Banks
A Gurugram woman who lost Rs 5.85 crore in a "digital arrest" scam is now asking questions of her banks that cleared the transfers.
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Ordering Food Online Again? 8 Smart Ways To Keep The Bill In Check
Whether you cook or click 'order now', here are eight clever ways to save money on food.
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Bank Holidays In September 2025: State-Wise Festival Closures
According to RBI, banks will remain closed on second and fourth Saturdays of the month, as well as Sundays, when in-branch services won't be available but customers can carry out digital transactions.
-
Digital Payments Account For 99.8% Of Transactions, UPI Leads With 85%: RBI
Digital payment transactions accounted for 99.7 per cent in terms of volume and 97.5 per cent in value in the payments system during calendar year 2024, and the trend continued in the first half of 2025, according to a Reserve Bank report
-
Diwali Bank Holidays 2025: Are Banks Open Today On Govardhan Pooja? Here's What RBI Calendar Says
Bank Holiday Today: An important point to be noted here is that online banking and digital payment services will continue to function normally.
-
Google, World Bank Tie-Up To Build AI-Powered Public Digital Infrastructure In Emerging Markets
Google and the World Bank Group are collaborating to build AI-powered public digital infrastructure for emerging markets, the search engine giant announced on its official blog.
-
5 Apps You Can Use to Buy Digital Gold This Dhanteras
The auspicious day of Dhanteras is here, and it marks the start of the festive season in India. It is almost customary to commemorate this occasion by purchasing metals like gold and silver as a mark of good fortune. Instead of making the purchases physically, you can buy digital gold as a more convenient means of making the investment. Here are fi...
-
JPMorgan Plans to Launch Crypto Asset Trading Services
JPMorgan Chase is preparing to roll out cryptocurrency trading services, marking a major expansion of its digital-asset strategy. The bank’s global head of markets and digital assets, Scott Lucas, confirmed the move while clarifying that crypto custody is not yet part of its near-term plans. This development aligns with JPMorgan’s blockchain in...
-
Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
UK Billionaire Nik Storonsky Moves To UAE, Becomes The Latest Ultra-Rich CEO To Leave London
Britain's Billionaire Exodus: His departure is part of a growing trend of ultra-wealthy individuals leaving the UK due to tax policy changes.
-
RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
-
Qatar National Bank Adopts JPMorgan’s Blockchain Platform for Instant US Dollar Payments
Qatar National Bank (QNB) has integrated JPMorgan’s Kinexys Digital Payments platform to process US dollar corporate transactions in minutes. The platform offers 24/7 settlement, handling billions daily, and signalling growing institutional adoption of blockchain. Analysts say this move strengthens confidence in digital assets like Bitcoin, Ether...
-
"Hope My Story Serves As Warning": Ex-Banker Loses Rs 23 Crore In Digital Arrest
A 78-year-old former banker who lost his life's savings, a whopping Rs 23 crore, to a fake "digital arrest," hopes his loss will serve as a warning to others.
-
iPhone 17 Series, iPhone Air Pre-Order Discounts Announced by Croma, Ingram Micro India, and Vijay Sales
The iPhone 17 series and iPhone Air were launched by Apple in India and the global markets on September 9. Ingram Micro, Croma, and other retailers in India have now announced their pre-order offers on the handsets. Customers can avail of bank discounts, no-cost EMI options, and exchange benefits.
-
Gurugram Woman Loses Rs 5.85 Crore In Cyber Scam, Blames Banks
A Gurugram woman who lost Rs 5.85 crore in a "digital arrest" scam is now asking questions of her banks that cleared the transfers.
-
Ordering Food Online Again? 8 Smart Ways To Keep The Bill In Check
Whether you cook or click 'order now', here are eight clever ways to save money on food.
-
Bank Holidays In September 2025: State-Wise Festival Closures
According to RBI, banks will remain closed on second and fourth Saturdays of the month, as well as Sundays, when in-branch services won't be available but customers can carry out digital transactions.
