NPCI International Payments, the international arm of National Payments Corporation of India, in partnership with ACLEDA Bank Plc., has launched acceptance of India’s Unified Payments Interface (UPI) in Cambodia via KHQR, the country’s national QR code system. The rollout was formally inaugurated in Phnom Penh in the presence of Chea Serey, Governor of the National…
Small-cap investing may require a more tactical approach than a traditional buy-and-hold strategy, according to a new report by Share.Market by PhonePe, which found that the segment’s long-term return advantage over large-cap stocks has been relatively modest despite significantly higher risk. The platform’s latest CRISP Mutual Fund Scorecard, based on an analysis of 20 years…
Fintech company BharatPe has launched a new credit-on-UPI product, BharatPe Flex, in partnership with YES Bank, allowing eligible users to make UPI payments using a pre-approved credit line instead of directly debiting their bank accounts. The facility enables users to pay through existing UPI channels, including QR-code payments at stores, online purchases, utility bill payments,…
PB Wheels, a car maintenance services platform under the PB Fintech group, has launched a complimentary emergency roadside assistance service for car owners across Delhi-NCR, including those who are not customers of the company. PB Fintech rolls out complimentary car breakdown support for motorists in Delhi-NCR The service, accessible through a dedicated helpline, is aimed…
HSBC Mutual Fund on Tuesday (June 2) announced the launch of the RedHex Hybrid Long-Short Fund, a strategy under the Specialised Investment Fund (SIF) category, with the new fund offer (NFO) open from June 2 to June 16. The fund will invest across multiple asset classes, including fixed-income securities, equity arbitrage opportunities, and units of…
The 8th Central Pay Commission (CPC) has extended the deadline for submitting memorandums and suggestions to June 15, giving government employees, pensioners and other stakeholders additional time to place their demands before the panel finalises its recommendations. In a notice, the Commission said the last date for submission of memorandums now stands extended to June…
PhonePe SBI Card SELECT BLACK users will see changes to the card’s reward points programme from July 1, as SBI Card introduces monthly caps on reward earnings across spending categories and expands the list of transactions that will no longer qualify for rewards. According to a communication, reward points earned on eligible PhonePe spends and…
The income tax return filing season for FY 2025-26 (AY 2026-27) is now underway, with ITR-1, ITR-2 and ITR-4 available on the Income Tax Department’s e-filing portal. While many taxpayers are still waiting for Form 16, eligible individuals can start filing their returns ahead of the July 31 deadline. For those with foreign assets, overseas…
West Bengal government employees could see movement on long-pending dearness allowance (DA) dues and future salary-related benefits after employee representatives said Chief Minister Suvendu Adhikari assured them that the Supreme Court’s directions on DA payments would be implemented. The assurance came during a meeting between the state government and leaders of the Joint Struggle Forum…
Gold and silver prices edged lower on Tuesday (June 2) as investors monitored developments in the West Asia and awaited key US economic data and comments from Federal Reserve officials for clues on the interest-rate outlook. COMEX gold futures were trading at $4,495.20 per ounce, down 0.25% from the previous close, while spot gold was…
