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Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
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GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
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ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
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Amazon Great Summer Sale 2025 Goes Live for Prime Members: Best Offers on Mobile Phones, Electronics
Amazon Great Summer Sale 2025 is now live in early access exclusively for Prime members, 12 hours before it commences for all users in India. It promises discounts across a wide range of categories including smartphones, tablets, laptops, TVs, Amazon devices, and other electronics. The first day of the sale has already brought some great deals. You...
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Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
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Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
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USDC-Issuer Circle Plans Payment Network to Process Transactions via Stablecoins
With the CPN, Circle aims to offer a cross-border payment solution that is cost effective, swift, compliant, and transparent. It could be of help to global suppliers, small merchants, content creators, and remittance recipients.
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No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
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Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
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No Phone, Cash Transactions: Former Army Man Who Killed Wife Evaded Cops For 20 Years
A former soldier of the Indian Army, who was convicted for the murder of his wife and escaped during parole, has been caught by the police after 20 years.
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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
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UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
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Opinion | Trump & The Ayatollah: It's a Pity Both Can't Lose
Who can predict the outcome of a tryst between a self-styled "transactional" deal-maker and those who coined the word "Bazaar" and raised negotiations to the art of 'Mutazayedat', or overbidding?
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Aadhaar Face Authentication Sees 39.5 Crore Transactions In January-March
The Aadhaar face authentication solutions, developed by the Unique Identification Authority of India (UIDAI), have seen a massive growth with over 78 per cent of the total transactions in FY25 alone, the government has said.
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RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
-
Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
-
GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
-
ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
-
Amazon Great Summer Sale 2025 Goes Live for Prime Members: Best Offers on Mobile Phones, Electronics
Amazon Great Summer Sale 2025 is now live in early access exclusively for Prime members, 12 hours before it commences for all users in India. It promises discounts across a wide range of categories including smartphones, tablets, laptops, TVs, Amazon devices, and other electronics. The first day of the sale has already brought some great deals. You...
-
Higher ATM Fees, Rural Bank Mergers: Here's What Will Change Starting May 1, 2025
The most prominent change remains the revised framework for ATM transaction charges, in addition to government pushing for the merger of rural banks.
-
Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
-
USDC-Issuer Circle Plans Payment Network to Process Transactions via Stablecoins
With the CPN, Circle aims to offer a cross-border payment solution that is cost effective, swift, compliant, and transparent. It could be of help to global suppliers, small merchants, content creators, and remittance recipients.
-
No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
-
Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
-
No Phone, Cash Transactions: Former Army Man Who Killed Wife Evaded Cops For 20 Years
A former soldier of the Indian Army, who was convicted for the murder of his wife and escaped during parole, has been caught by the police after 20 years.
-
UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
-
UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
-
Opinion | Trump & The Ayatollah: It's a Pity Both Can't Lose
Who can predict the outcome of a tryst between a self-styled "transactional" deal-maker and those who coined the word "Bazaar" and raised negotiations to the art of 'Mutazayedat', or overbidding?
-
Aadhaar Face Authentication Sees 39.5 Crore Transactions In January-March
The Aadhaar face authentication solutions, developed by the Unique Identification Authority of India (UIDAI), have seen a massive growth with over 78 per cent of the total transactions in FY25 alone, the government has said.
-
RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
