india

India (official name: the Republic of India; Hindi: Bhārat Gaṇarājya) is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

Source: en.wikipedia.org

Paytm’s Troubles Drive Indian Customers to Walmart and Google
Paytm’s Troubles Drive Indian Customers to Walmart and Google
March 06, 2024  |  Digital Payments

Paytm’s regulatory troubles appear to have pushed Indian consumers to Walmart and Google-owned payments operations. Data released Wednesday (March 5) by the National Payments Council of India (NPCI) showed that the...

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Flipkart to Enable Transactions With India’s UPI Instant Payments System
Flipkart to Enable Transactions With India’s UPI Instant Payments System
March 04, 2024  |  Real-Time Payments

Indian eCommerce marketplace Flipkart has launched a Unified Payments Interface (UPI) handle to enhance its digital payment offerings by adding India’s popular instant payments system. The new Flipkart UPI...

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India Warns Tech Companies Against Releasing ‘Unreliable’ AI
India Warns Tech Companies Against Releasing ‘Unreliable’ AI
March 04, 2024  |  artificial intelligence

India wants tech companies to get government permission before launching untested artificial intelligence (AI) products. The country’s IT ministry has said tools that are “unreliable” or still...

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Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
March 01, 2024  |  Regulation

Indian digital payments provider Paytm has announced that it will be cutting back on its business ties with its banking affiliate, Paytm Payments Bank. The...

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The Ten Second Rule: EU Mandates Instant Payments Availability
The Ten Second Rule: EU Mandates Instant Payments Availability
March 01, 2024  |  Real-Time Payments

Real-time payment systems continue to see strong usage worldwide. One of the most significant developments is the European Council’s new rule to enable instant payments...

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Report: Paytm Turning to Banks to Process UPI Transactions
Report: Paytm Turning to Banks to Process UPI Transactions
February 26, 2024  |  Banking

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. The company is likely to work with Aix Bank, HDFC, Yes Bank and...

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RBI Aims to Help Establish New Banking Relationships for Paytm
RBI Aims to Help Establish New Banking Relationships for Paytm
February 23, 2024  |  International

The Reserve Bank of India (RBI) asked the National Payments Corporation of India (NPCI) to consider One97 Communications’ request to become a Third-Party Application Provider...

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Uber Looks to Tap Into India’s Scooter and Motorbike Market
Uber Looks to Tap Into India’s Scooter and Motorbike Market
February 22, 2024  |  Ridesharing

Uber reportedly wants to move deeper into India’s two- and three-wheeled vehicle market. Speaking during an event Thursday (Feb. 22) in Bangalore, CEO Dara Khosrowshahi said the...

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India Cracks Down on ‘Sketchy’ FinTech KYC Rules
India Cracks Down on ‘Sketchy’ FinTech KYC Rules
February 22, 2024  |  Regulation

India’s banking regulator has made some high-profile enforcement moves in recent weeks. Last month, the Reserve Bank of India (RBI) ordered Paytm Payments Bank to...

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