Axis Bank has joined the list of lenders live on NPCI Bharat BillPay Limited’s Banking Connect platform, as the interoperable net-banking infrastructure continues to expand across India’s digital payments ecosystem. With the latest onboarding, Banking Connect is now available across eight banks, including State Bank of India, ICICI Bank and HDFC Bank. The platform is…
Gold and silver prices in India witnessed volatility on Thursday (April 9), tracking mixed global cues and heightened geopolitical uncertainty following fresh tensions in the West Asia. While international prices held largely steady, domestic futures on the Multi Commodity Exchange (MCX) edged lower in trade. Domestic prices slip from recent highs MCX gold futures fell…
Indian travellers heading to Central Asia may soon find it easier to pay for goods and services, with UPI and other domestic payment methods being enabled across parts of the region through a new fintech partnership. Central Asia-focused fintech infrastructure firm 8B has partnered with PayU to integrate Indian payment systems, including the Unified Payments…
A student visa may mark the final stage of admission formalities, but it does not eliminate the risks associated with living overseas for an extended period. Industry experts say student travel insurance plays a central role in managing those uncertainties, ranging from medical emergencies to financial disruptions. According to experts, student travel insurance is structured…
As companies process April salaries, the revised wage definition under India’s labour codes has brought focus on whether employees will see a change in their take-home pay this month. The impact, however, hinges on how and when employers implement the new framework. What the rule changes Under the updated wage code, “wages” — comprising basic…
The Indian rupee opened slightly weaker on Thursday (April 9), tracking a cautious global mood as uncertainty around the West Asia ceasefire weighed on risk sentiment and pushed crude oil prices higher. Opening levels and movement The rupee began the session at 92.66 per US dollar, compared with Wednesday’s (April 8’s) close of 92.58. This…
Taxpayers claiming deductions on donations may need to furnish more granular details while filing income tax returns for assessment year 2026–27, following changes introduced in the latest ITR forms. As per Taxmann, the updated forms have added new disclosure fields in Schedule 80G, which covers deductions claimed for donations made to specified funds, charitable institutions…
PPFAS Asset Management has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) to act as a sponsor for a pension fund under the National Pension System (India) (NPS), the company said. Following the approval, the firm plans to set up a separate pension fund entity that will manage retirement savings of NPS…
The Pension Fund Regulatory and Development Authority (PFRDA) has launched the second proof of concept (PoC) of ‘NPS Swasthya’ under its regulatory sandbox, aiming to integrate retirement savings with access to healthcare funding within the National Pension System (NPS). The initiative is being developed as a multi-partner framework. Medi Assist Healthcare Services is providing the…
COMEX gold and silver prices retreated on Thursday (April 9), reflecting cautious investor sentiment as geopolitical tensions in West Asia continued to influence commodity markets. Gold on the COMEX was last quoted at $4,738.80 an ounce, down $38.40 or 0.8%, while silver fell $1.925, or 2.55%, to $73.46 an ounce. Analysts said the declines follow…
