Speed raises $8M for Lightning Network payments in India
Indian startup Speed raises $8 million from Tether and Ego Death Capital to build a global Lightning Network payment infrastructure, aiming to make instant, low-cost transactions a reality.
Category : Search result: foreign payments
How to Declare US RSUs in Your Income Tax Return
Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.
Thai-Cambodian Diplomats Meet in China to Solidify Border Truce
Top diplomats from Thailand and Cambodia held talks in China to strengthen a ceasefire after deadly border clashes. The meeting, facilitated by Beijing, focused on de-escalation and peace.
Real-Time Payments Boom, E-commerce Fraud Declines Globally
A new report reveals a 42% surge in real-time payment transactions globally, while e-commerce fraud rates show a welcome decline. Discover the trends shaping digital finance.
Record $18B FPI Exit in 2025: A Worrying Trend for India
Foreign investors pulled a record $18B+ from Indian equities in 2025. We explore the reasons behind the tepid interest despite 8% GDP growth and its implications for India's economy. Read the full analysis.
India's Forex Reserves Surge to $693.32 Billion
India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.
US May Leave 100+ Embassies Without Ambassadors
Democratic senators warn of a global leadership vacuum as Trump recalls 30 envoys. Could China and Russia exploit the gap? Read the full analysis.
RBI Proposes Full Cost Disclosure for Forex Transactions
RBI's new draft mandates banks to reveal all cross-border payment charges upfront, boosting transparency for education, travel & remittances. Public feedback open until Jan 9, 2026.
Disclose Foreign Assets in Revised ITR by Dec 31
Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.
Jaishankar: Foreign Policy Needs Clarity, Choices, Game Plan
EAM S. Jaishankar emphasizes the need for clarity, strategic choices, and a definitive game plan in India's foreign policy. Read his key insights on navigating global complexities.
India's Forex Reserves Rise to $688.949 Billion in December
India's foreign exchange reserves surged by $1.689 billion to $688.949 billion for the week ending December 12, RBI data shows. Gold and foreign currency assets saw significant growth. Read the full analysis.
Debit Card Use Falls, UPI & Credit Cards Gain in India
A new report reveals a 16% drop in debit card usage in India, as consumers prefer UPI for daily spends and credit cards for high-value purchases. Explore the changing landscape of digital payments.
US Budget Tax Threatens Foreign Investors, Global Economy
New US budget provisions could tax foreign investors up to 20%, risking capital flight and global economic damage. Read why this move is more dangerous than tariffs.
Amazon Pay UPI Biometric Authentication Launched in India
Amazon Pay introduces UPI biometric authentication for Android users, enabling PIN-free transactions up to ₹5,000 using fingerprint or facial recognition for faster, more secure payments.
RBI Grants Paytm Offline, Cross-Border Payment Aggregator Licence
Paytm Payments Services secures RBI authorisation to operate as a payment aggregator for offline and cross-border transactions, expanding its financial services footprint. Discover the implications for India's digital payments landscape.
Amazon Introduces Biometric UPI Payments in India
Amazon India launches biometric authentication for UPI payments, enabling faster, password-free checkouts. This move aims to boost digital payment security and convenience for millions of users.
Revolut India Aims to Simplify Cross-Border Payments
UK fintech Revolut plans to disrupt India's cross-border payments, targeting travel, education, and freelancers. CEO Paroma Chatterjee details strategy for 20M users by 2030.
India's Forex Reserves Fall to $686.2 Billion
India's foreign exchange reserves fell by $1.8 billion to $686.2 billion as of Nov 28, 2025. While gold reserves rose, foreign currency assets saw a significant decline. Get the full breakdown here.
India's Forex Reserves Fall to $686.23 Billion
India's foreign exchange reserves declined by $1.88 billion for the week ending November 29, 2024, settling at $686.23 billion. Explore the key factors behind the drop and its implications for the economy.
China Warns Foreign Media on Hong Kong Fire Reporting
China's foreign ministry issues a stern warning to international media, accusing them of spreading false information about a deadly Hong Kong fire. Details on the incident and the official response.
RBI Grants In-Principle SFB Approval to Fino Payments Bank
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
Jaishankar Interacts with IFS Trainees, Bhutanese Diplomats
External Affairs Minister S. Jaishankar addressed IFS officer trainees and Bhutanese diplomats, emphasizing India's evolving foreign policy and global challenges. Read his key insights.
US Portal to Monitor Foreign University Funding from 2026
The US Department of Education launches a new portal to enforce transparency on foreign funding in universities. Starting January 2026, institutions must report gifts over $250,000. Read more.
India's Forex Reserves Drop $4.5 Billion, Stay Strong
India's foreign exchange reserves declined by $4.5 billion to $652.90 billion, yet maintain robust position near record levels. Discover what this means for the economy.
XFlow Plans 10x Cross-Border Volume Growth in 18 Months
XFlow announces ambitious plan to multiply cross-border payment volumes 10x within 18 months, expanding global reach and enhancing digital payment solutions for businesses.
RBI's PA-CB License Ignites Fintech Funding Boom
India's cross-border payments transform as RBI's new license enables fintechs to capture 20% of $1.6T market. Startups raise millions to streamline exports for SMEs.
Sachs Blames CIA for Venezuela Oil Fire, Attacks US Policy
Economist Jeffrey Sachs alleges CIA involvement in Venezuelan oil facility fire, condemns US militarism and praises China's global approach. Watch full analysis.
India's overseas remittances hit 13-month high in Sept
Money sent overseas by Indians under RBI's liberalised remittance scheme rose to $2.8 billion in September, driven by travel spending. Discover the shifting trends in foreign exchange outflows.
Jio Payments Bank's Rapid Network Expansion
Jio Payments Bank expanded its business correspondent network to nearly 200,000 in Q2 FY26, closing gap with Airtel Payments Bank through aggressive hiring and new product launches.
RBI Connects UPI with European Payments Network TIPS
RBI announces UPI integration with Europe's TIPS, enabling instant cross-border payments between India and Europe. Learn how this transforms digital payments.
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