Tag: payment
Christmas orders push October goods exports to a 2-year high of 17.3%
New Delhi: India’s merchandise exports surged 17.3% on year – the highest in 28 months – to $39.2 billion in October, driven by improved demand…
Number of EPFO subscribers up 7.6% at 73.7 million in 2023-24
The Employees’ Provident Fund Organisation witnessed 7.6% jump in number of contributing members in 2023-24 at 73.7million compared to 68.5 million in the preceding years…
Public digital infrastructure helped micro level players grow in India: FM Sitharaman
India’s approach to spreading digital infrastructure networks by country’s “public money” instead of choosing private players, unlike other countries, helped the micro-level players and businesses…
IBBI proposes to expedite flat ownership transfers in insolvent projects
New Delhi: The Insolvency and Bankruptcy Board of India (IBBI) has proposed the transfer of the ownership of a plot or apartment to buyers who…
Payments of ₹21,108 cr to small firms pending: MSME Samadhaan portal
New Delhi: Payments totalling ₹21,108 crore to micro, small and medium enterprises (MSMEs) are pending across 90,000 applications, as per the latest data from the…
BRICS nations agree to boost trade, financial settlement in local currencies
Kazan: BRICS nations on Wednesday agreed to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and depositary infrastructure,…
phonepe: PhonePe FY24 operating revenue up 73% to Rs 5,064 crore, loss down 28%
Digital payments major PhonePe reported a 73% jump in operating revenue at Rs 5,064 crore for financial year 2024, from Rs 2,914 crore a year…
Fake registration drive: GST officers detect 10,700 bogus firms, over Rs 10k cr evasion
New Delhi: Tax officers have detected around 10,700 fake registrations under the GST, involving evasion of Rs 10,179 crore in the ongoing all-India drive against…
gst council meeting decisions: GST Council spices things up: Here’s what got cheaper overnight in India
The GST Council’s meeting on Monday added some flavor to the Indian tax system, announcing significant cuts aimed at making essential services and goods more…
Mastercard wants to get rid of card numbers for online shopping to prevent online payment fraud
Mastercard Inc. is expanding its efforts to eliminate the use of credit card numbers when customers make purchases online in a bid to fight fraud….