economy

The Supercash on MobiKwik has been heavily criticized for luring in customers without giving back any actual benefit to the user.

The panel which is right now investigating bitcoins and other cryptocurrencies are against a total ban on the digital currencies and favour regulation.

Directly targeting RuPay, Visa has slashed the maximum charges in the sub-Rs 2000 bracket of debit card transactions, which indicates their aggressive stand

After dominating QR Code mode of payments it has emerged that Paytm now plans to roll out a massive quantity of PoS machines, all over India.

ATM Fraudsters are using ATM Skimming, an illegal way to copy ATM card details in order to scam users. This is a criminal and punishable offence.

Basically, RBI has altered the Liberalised Remittance Scheme rules, which allowed money transfer up to $25,000 without any PAN Card requirement.

Repo rate is the interest at which RBI lends money to other banks, which are meant for consumer loans. It is also called short-term lending rate.

Police have unearthed a Rs 500 crore cryptocurrency scam in Mumbai, where investors were promised 10-20X returns and were promised Swiss citizenship.

In a very strange move, Income Tax Dept. last month had issued a notification wherein every bank was ordered to pay GST on free banking services rendered to bank customers who are maintaining minimum bank balance. As per latest updates…

Income Tax Dept. has officially removed all GST charges from duty-free shops in airports, all across the country. However, this no GST ruling is only applicable for international tourists, who are entering or leaving India.

Income Tax Dept. runs an 'Income Tax Informants Reward Scheme' for those, who wish to inform them about tax evaders and information about black money stashed abroad. Now, this scheme has been revamped and redesigned with some big rewards,…

Barely 24 hours of that news, fresh insights are coming in from Govt. sources regarding WhatsApp payments; and going by the looks of it, not everything seems smooth. WhatsApp Payments is again under Govt. scanner, and it seems that WhatsApp…

BHIM’s latest 1.5 version on Android and iOS now allows bill payments for all users. As per the changelog observed, there are several categories within BHIM app, using which any user can pay bills via UPI platform.

One of the most important features of WhatsApp Payments is that it is UPI-enabled. As of now, WhatsApp is going to partner with HDFC Bank, ICICI Bank and Axis Bank for processing transactions. SBI is also expected to join the growing number…

Govt. is considering levying 18% GST on trade and usage of cryptocurrencies in India. And this taxation of cryptocurrencies means that instead of a banned activity trading and mining of cryptocurrencies would be legal and official.

RBI’s latest data is stating that as many as 2000 ATMs shut down all across India by banks, between May 2017 and February 2018. There is an interesting twist here: While on-site ATMs have been reduced, off-site ATMs have increased, albeit…

Instagram payments is the new feature where you can register a debit or credit card on your profile, set up a security pin and save the card for future use. You can directly buy things from the app without having to leave the app for a…

GST Simplified! In a sweeping change, GST Council has simplified the overall GST filing to just one filling per month. This will provide a great relief to all those businesses, who generate lots of invoices and challans in a year. Besides,…

In a Right to Information reply, RBI has revealed some dark secrets of banking frauds, and the sheer volume will shock you. As per the reply shared by RBI, collectively Rs 1 lakh crore worth of banking frauds have happened in India, in the…

In his latest salvo, the 87-year-old ‘Oracle of Omaha’ has said that putting money into bitcoins is not investing. He has said that Bitcoins are gambling. Has Warren become too old to understand the dynamics of blockchain movement and the…