From June 1 to June 15, 2024, the Unified Payments Interface (UPI) recorded a strong performance with 708 crore transactions, amounting to 10.95 lakh crore. This indicates a steady growth in digital payments and increased trust in the UPI system. Compared to May 2024, these figures show a promising trend, with the total transaction volume […]
This week was action-packed for the Indian startup ecosystem, with several major developments across sectors. From Fibe funding rounds to 360 One acquisition of ET Money from Times Internet, Roumers that Tata in talk to acquisition of Vivo India’s Operation, InsuranceDekho Acquisition talk of BankSathi, startups made headlines with their innovative solutions and strategic moves. […]
In a significant move towards promoting financial education and investor awareness, the Securities and Exchange Board of India (SEBI) has launched a free, voluntary online “SEBI – Investor Certification Examination.” This initiative, developed in collaboration with the National Institute of Securities Markets (NISM), aims to empower investors by testing and enhancing their knowledge of the […]
The Telecom Regulatory Authority of India (TRAI) has strongly denied reports that it plans to introduce fees for mobile and landline phone numbers. The controversy started after TRAI released a consultation paper on revising the National Numbering Plan on June 6th. Some media outlets wrongly reported that TRAI wanted to charge customers for holding multiple […]
The Institute of Chartered Accountants of India (ICAI) is embracing Artificial Intelligence (AI) to transform accounting practices. the apex body regulating the profession of Chartered Accountancy in India, has been keenly observing and adopting innovations to enhance the efficacy of its members and the services they offer. One such innovation that has been gaining significant […]
Bajaj Auto, a well-established manufacturer of internal combustion engine (ICE) two-wheelers and a Among top player in the electric vehicle (EV) market , has announced that it will be postponing the release of its much-anticipated CNG-powered two-wheeler. The new launch date for the vehicle has been set for July 17th, a month later than the […]