Page 28 - Ajinkya Kawale

Migrating low-ticket payments to UPI Lite key to easing system pressure

UPI Lite allows low-value transactions without requiring a PIN and are carried out without utilising a remitter bank's core banking systems

Maharashtra Assembly elections: Mumbai's industry leaders turn up to vote

Overall, voting in 288 constituencies across the state was carried out with over 100,000 polling stations. As of October 30, 2024, the state's total eligible voters stood at over 97 million

Better pricing for farm produce on election agenda for Maharashtra farmers

After a long wait, this onion-producing belt has finally seen an increase in prices for their produce, which hovered around Rs 2,000 per quintal last year

Newer companies rise on UPI leaderboard, Navi now the fourth largest

The company processed 157.51 million transactions in October, overtaking Bengaluru-based Cred, which recorded 152.28 million transactions in the same month

Supply chain fintech VoloFin secures $50 mn in funding from major US bank

The Singapore-based fintech firm aims to increase this funding limit to $150 million over the next two to three years

Maharashtra polls: Ladki Bahin throws a lifeline but inflation haunts women

How crucial is the Ladki Bahin Yojana for women in the state as rising costs and populist promises shape election decisions?

10 flights diverted at Delhi airport as dense fog envelops capital

The flight diversions in the national capital occurred as a dense layer of smog enveloped Delhi and surrounding regions, including Noida, Ghaziabad, and Gurugram, on Wednesday morning

A litmus test for fintech IPOs as MobiKwik inches closer to listing

After Paytm's disappointing performance after listing in 2021, the markets have evolved and the fintech ecosystem has matured with greater regulatory clarity from the RBI

Razorpay launches venture investment programme in partnership with VCs

Early-stage ventures could see potential fundraising of up to $1 million as part of the programme

Air India-Vistara merger completed; Singapore Airlines gets 25.1% stake

The merger with Vistara will enable Air India to operate 5,600 weekly flights connecting 90 destinations with a fleet size of 208 aircraft

Vistara completes merger with Air India: With cabin mood lights and selfies

The change of guard was visible at the check-in counters at the airport. Long queues near the airline's check-in counters prompted the Vistara staff to seek assistance from team Air India

BS BFSI Summit: 'Fintechs had ample time to comply with regulations'

Industry players said that regulatory bodies in India engage in private deliberations with firms, scrutinising and evaluating them before taking any supervisory action

BS BFSI 2024: Foreign banks focus on strengths to level up India play

India heads see new opportunities as Indian economy gains ground

Savings, credit, jewellery major focus for Jar amid evolving finance needs

Amid growing financial uncertainty, Jar enables Indians to save in digital gold, offering small daily investments and options for jewellery conversion through its platform

Bharat Connect clocks Rs 1 trillion in transaction value in October

Various payment methods such as UPI, internet banking, and prepaid payment instruments (PPIs) can be used to pay bills

P2Ps see rising customer interest ahead of T+1 deadline on November 14

Despite continuity in business operations, companies are proceeding with caution citing investor re-education about new norms

Crypto exchange co WazirX battles liabilities, white knights yet to arrive

Crypto exchange may be engaged in talks with a bunch of platforms for a potential deal

Fintech firms capitalise on digital gold rush this festive season

Firms store physical gold in vaults to back up the accumulated gold stored digitally in a user's account

Major domestic routes see up to 32% drop in spot airfares for Diwali travel

Travel associations observed that demand for flights on metro routes has eased this year compared to the previous surge, which largely met the pent-up post-pandemic travel appetite

Finova Capital raises $135 million to expand loan book, invest in tech

The firm has a presence across 16 states with over 400 branches. Its current assets under management are pegged at Rs 3,000 crore