Harsh Kumar, Ajinkya Kawale

Stories by Harsh Kumar, Ajinkya Kawale

Can UPI Stay Free Forever?

Can UPI Stay Free Forever?

Rediff.com   2 Sep 2025

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.

RMG Ban Will Be Clear Only When Rules Are Issued

RMG Ban Will Be Clear Only When Rules Are Issued

Rediff.com   30 Aug 2025

'Money moves in a web of transactions and payment addresses keep changing for offshore companies, which requires heightened monitoring measures.'

Trump's Tariffs Bites Surat's Diamond Industry

Trump's Tariffs Bites Surat's Diamond Industry

Rediff.com   25 Aug 2025

'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'

Investors Bet $1B on Real-Money Gaming

Investors Bet $1B on Real-Money Gaming

Rediff.com   22 Aug 2025

'The essence of RMG is that users participate in skill-based games for financial reward, so this law would directly affect this operating model for both users and gaming companies.'

Casual Gaming To Gain From RMG Ban

Casual Gaming To Gain From RMG Ban

Rediff.com   22 Aug 2025

'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'

RMG Cos Stunned By Ban Bill

RMG Cos Stunned By Ban Bill

Rediff.com   21 Aug 2025

What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.

How Gaming Firms Plan To Make Money

How Gaming Firms Plan To Make Money

Rediff.com   20 Aug 2025

Indian game studios managing to make money out of casual games just show how the Indian gamer is ready to spend money on games.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com   19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

US tariff shock puts MSMEs at risk

US tariff shock puts MSMEs at risk

Rediff.com   9 Aug 2025

India's micro, small and medium enterprises (MSMEs) - which contribute over 45 per cent to outbound shipments - are facing a major disruption following the United States (US) decision to impose 50 per cent additional tariffs on the country's exports. MSME industry bodies have raised an alarm over the deep impact, seeking immediate government intervention.

FinMin Raps PSBs on Property Doc Delays

FinMin Raps PSBs on Property Doc Delays

Rediff.com   4 Aug 2025

State Bank of India has 18,000 pending cases and Bank of Baroda has around 1,000 cases.

'A Pilot's Job Requires Tremendous Physical, Mental Capabilities'

'A Pilot's Job Requires Tremendous Physical, Mental Capabilities'

Rediff.com   28 Jul 2025

'The overall well-being of the pilots should be at the top of any airline's agenda in such situations.'

Govt, UPI To Set Up Real-Time Payment Tripwire

Govt, UPI To Set Up Real-Time Payment Tripwire

Rediff.com   4 Jul 2025

Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent.

AI 171 Crash: Fear Lingers Among Pilots

AI 171 Crash: Fear Lingers Among Pilots

Rediff.com   1 Jul 2025

'This (crash) is one of those times where there is no concrete explanation yet for what happened. I think that adds to my parents' worry.'

Pine Labs CEO Amrish Rau may net Rs 1,000 crore as firm files for IPO

Pine Labs CEO Amrish Rau may net Rs 1,000 crore as firm files for IPO

Rediff.com   28 Jun 2025

As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau. Rau's net worth is estimated at Rs 850 crore-1,000 crore following the IPO.

Are public sector bank employees becoming more productive?

Are public sector bank employees becoming more productive?

Rediff.com   27 Jun 2025

Each employee is generating more business than before -- driven by cost rationalisation, digital adoption, and better resource utilisation -- signalling a stronger foundation for sustainable growth and profitability.

Bike Taxis Go Off Roads in Karnataka

Bike Taxis Go Off Roads in Karnataka

Rediff.com   27 Jun 2025

Bike-taxi drivers are also left stranded as many depended on the service.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com   27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

74% rural households expect income growth in 1 yr: Survey

74% rural households expect income growth in 1 yr: Survey

Rediff.com   18 Jun 2025

Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March.

Most PSBs see decline in headcount even as branches spread

Most PSBs see decline in headcount even as branches spread

Rediff.com   16 Jun 2025

At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.

CBI Raids 10 Sites in Cyberfraud Crackdown

CBI Raids 10 Sites in Cyberfraud Crackdown

Rediff.com   14 Jun 2025

The raids were linked to a sophisticated organised investment fraud scheme targeting unsuspecting individuals through fake mobile apps and WhatsApp groups.