• March 14, 2023
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The introduction of a central bank digital currency (DBDC) in cross-border remittances is likely to bring down significantly the cost of transaction for customers. At present, customers have to pay...

• March 14, 2023
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The payment infrastructure has changed a lot over the years. India is a leader in creating a digital payment system. The game changer in this sector has been the Universal...

• March 14, 2023
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The Reserve Bank of India's (RBI's) retail Central Bank Digital Currency (CBDC) pilot has generated about 770,000 transactions in January, with a user base of 50,000 customers and 5,000 merchants....

• March 14, 2023
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[vc_row][vc_column][vc_column_text]India and Singapore are now linked with their real-time digital payments systems, a move expected to facilitate cheaper and safer cross-border remittances and benefit members of the 4,00,000 strong Indian...

• March 15, 2023
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All states, union territories and 32 central government departments will join the National Single Window System (NSWS) by December this year. Through this, all companies will be able to seek...

• March 15, 2023
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India is the fourth most powerful country in Asia, but it exerts less influence than expected given its available resources, a report released said. The United States of America (USA)...

• March 15, 2023
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A parliamentary panel has asked the government to increase financial assistance provided under Pradhan Mantri Awas Yojana (Gramin) to help beneficiaries in completion of housed and improve monitoring houses being...

• March 15, 2023
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[vc_row][vc_column][vc_column_text]Finance Minister Nirmala Sitharaman indicated that the government could be open to considering a reduction in the goods and services tax (GST) on cement, a long-standing demand of the infrastructure...