Home Economy RBI cancels Paytm Payments Bank licence citing rule violations Economy RBI cancels Paytm Payments Bank licence citing rule violations As per a filing issued to exchanges by parent company One 97 Communications, Paytm & its services will c... See more
(April 25): India’s banking regulator has cancelled the licence of Paytm Payments Bank Ltd, more than two years after restricting its core business activities, citing violations of rules, and effectively rendering it defunct. Paytm, which was once backed ... See more
Home Economy RBI assessing how Russian entities can use rupee funds in Indian markets Economy RBI assessing how Russian entities can use rupee funds in Indian markets Moscow accumulated large rupee reserves from selling discounted crude to India in afterm... See more
Home Economy India growth seen slowing as Iran conflict shows no sign of easing Economy India growth seen slowing as Iran conflict shows no sign of easing Goldman Sachs last week cut its 2026 growth forecast by half a percentage point to 6.5% for the fisc... See more
(March 17): Surging oil prices and acute gas shortages are rippling through India’s economy as the Iran war drags on, disrupting industries and prompting analysts to cut growth forecasts while warning of rising inflation. India is among the economies most... See more