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News for 'international payments'

Financial chaos in PSL? PCB faces big crisis

Financial chaos in PSL? PCB faces big crisis

Rediff.com6 May 2026

The Pakistan Cricket Board has initiated a strong campaign to recover billions in dues from defaulting franchises, broadcast, and business partners to improve its financial standing.

How Indian Diplomacy Brought Very Important Cats To India

How Indian Diplomacy Brought Very Important Cats To India

Rediff.com26 May 2026

How India overcame umpteen odds to reintroduce the cheetah on its territory after the handsome cat became extinct in the country decades earlier.

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Rediff.com20 Mar 2026

The International Volleyball Federation (FIVB) has granted provisional recognition to the Volleyball Federation of India (VFI) while also raising concerns with the IOA regarding visa delays for athletes and pending dues from private partners.

'Indians Are Not Buying Too Much Of Gold'

'Indians Are Not Buying Too Much Of Gold'

Rediff.com19 May 2026

'Even last year, when India bought gold, the physical quantity was much less than the previous years.'

CII urges govt to phase out fuel excise cut

CII urges govt to phase out fuel excise cut

Rediff.com11 May 2026

The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.

Govt raises import duty on gold, silver after PM's appeal

Govt raises import duty on gold, silver after PM's appeal

Rediff.com13 May 2026

The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.

India Leads World In Real-Time Payments

India Leads World In Real-Time Payments

Rediff.com19 Dec 2025

In its June 2025 review, the International Monetary Fund spotlighted India's Unified Payments Interface as the world's most dominant retail instant-payment network, moving more transactions than any other system on the globe.

IPL's Unsung Heroes: The Story Of The Net Bowlers

IPL's Unsung Heroes: The Story Of The Net Bowlers

Rediff.com22 May 2026

An inside look at the world of IPL net bowlers, the unsung heroes who hone their skills while bowling to cricket's biggest stars, hoping for a chance to shine.

Is The World Moving Towards De-Dollarisation?

Is The World Moving Towards De-Dollarisation?

Rediff.com2 May 2026

India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.

Modi's Austerity Push Faces Reality Test

Modi's Austerity Push Faces Reality Test

Rediff.com25 May 2026

Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.

NPCI sets up unit to scale up digital infra beyond payments

NPCI sets up unit to scale up digital infra beyond payments

Rediff.com5 Jan 2026

Moving beyond digital payments, the National Payments Corporation of India (NPCI), the operator of Unified Payments Interface, is planning to add more muscle to the country's digital infrastructure by setting up a fourth subsidiary, NPCI Tech Solutions Ltd (NTSL).

Adani Group agrees to pay $275 mn in US sanctions settlement

Adani Group agrees to pay $275 mn in US sanctions settlement

Rediff.com19 May 2026

Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.

India Is Now A Reverse Goldilocks Economy

India Is Now A Reverse Goldilocks Economy

Rediff.com18 May 2026

India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Rediff.com13 May 2026

Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.

How Delhi Police Busted An Interstate Cyber Fraud Ring

How Delhi Police Busted An Interstate Cyber Fraud Ring

Rediff.com8 May 2026

Delhi Police have dismantled an interstate cyber fraud syndicate, arresting 14 individuals allegedly involved in fraudulent transactions exceeding Rs 8 crore. The accused targeted job seekers with fake work-from-home opportunities via social media and job portals.

UPI payments app PhonePe's $1.5 billion IPO to see Walmart cut stake

UPI payments app PhonePe's $1.5 billion IPO to see Walmart cut stake

Rediff.com23 Jan 2026

As India's biggest Unified Payments Interface (UPI) app PhonePe prepares to list, the updated draft red herring prospectus (DRHP) shows the impact of regulations on the business, and concentration of payments-linked revenue even as UPI lacks MDR (merchant discount rate).

Why India Needs A Cultural Shift To Become A Sporting Superpower

Why India Needs A Cultural Shift To Become A Sporting Superpower

Rediff.com20 May 2026

An analysis of the disparities in India's sporting culture, highlighting the challenges faced by non-cricket athletes and the systemic changes needed for India to become a true sporting superpower.

From 18% to 10%: Trump's new global levy brings relief for India

From 18% to 10%: Trump's new global levy brings relief for India

Rediff.com21 Feb 2026

US President Donald Trump announced a new global levy on imported items, resulting in a lower tariff rate for India, following a Supreme Court verdict against his previous sweeping tariffs.

Kerala Verdict: Left's Worst Defeat

Kerala Verdict: Left's Worst Defeat

Rediff.com5 May 2026

'What we are witnessing is a massive anti-incumbency wave that has cut across all social and political divides.'

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com11 May 2026

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

'Biggest Single Danger Is If Remittances Come Down'

'Biggest Single Danger Is If Remittances Come Down'

Rediff.com13 May 2026

'At the first sign of real trouble, that money will move. There will be a run.'

Indian exporters may not get US tariff refunds

Indian exporters may not get US tariff refunds

Rediff.com30 Apr 2026

Indian exporters are unlikely to receive direct tariff refunds from the US's $166 billion payout, but the rollback of reciprocal duties is enhancing their pricing power and improving order prospects, particularly in textiles, apparel, and engineering goods.

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

Rediff.com16 Apr 2026

Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.

China Snaps Up Iran Oil, India Misses

China Snaps Up Iran Oil, India Misses

Rediff.com4 Apr 2026

Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.

Infinix Note 60 Pro Arrives In India With 90W Fast Charging And AMOLED Screen

Infinix Note 60 Pro Arrives In India With 90W Fast Charging And AMOLED Screen

Rediff.com23 Apr 2026

The Infinix Note 60 Pro is now on sale across India -- the entry model is equipped with 8 GB memory and 128 GB storage. It is priced at 31,999.

Iran: Why Trump Must Take A Leap Of Faith

Iran: Why Trump Must Take A Leap Of Faith

Rediff.com23 Apr 2026

There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.

Cyber Crime Police Arrest Four in Noida for Tech Support Scam

Cyber Crime Police Arrest Four in Noida for Tech Support Scam

Rediff.com7 Apr 2026

Noida Cyber Crime Police arrested four individuals in Sector 76 for allegedly defrauding foreign nationals through a tech support scam. The accused posed as technical support agents, falsely claiming hacking incidents to extort money from victims.

Ambedkar Statue Vandalism: Three Arrested, SFJ Links Probed

Ambedkar Statue Vandalism: Three Arrested, SFJ Links Probed

Rediff.com18 Apr 2026

Police in Hoshiarpur have arrested three men in connection with the vandalism of a Dr B R Ambedkar statue. The investigation suggests possible links to the banned organisation Sikhs for Justice (SFJ).

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

IPL Betting Racket Busted; 12 Arrested In Andhra Pradesh

Rediff.com22 Apr 2026

Police in Nellore district, Andhra Pradesh, have busted an organised online cricket betting racket, arresting 12 people and seizing cash, mobile phones, and a television. The syndicate operated through online platforms, using multiple bank accounts and PhonePe numbers for fund transfers.

Police Investigate More Suspects in Kanpur Kidney Racket

Police Investigate More Suspects in Kanpur Kidney Racket

Rediff.com31 Mar 2026

Police in Kanpur, Uttar Pradesh, have identified additional suspects in an illegal kidney transplant racket involving multiple private hospitals, following the arrest of five doctors and the alleged kingpin.

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Geopolitical Risks Could Push Jio Platforms IPO to H2 FY27

Rediff.com29 Apr 2026

Reliance Industries' digital arm, Jio Platforms, may see its initial public offering (IPO) delayed to the second half of fiscal 2027, according to CreditSights. The delay is primarily attributed to ongoing geopolitical tensions in the Middle East, which could impact market conditions and investor sentiment.

Why RBI's forex cap direction has not worked

Why RBI's forex cap direction has not worked

Rediff.com7 Apr 2026

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

Iran lists three conditions to end war

Iran lists three conditions to end war

Rediff.com12 Mar 2026

Iran on Thursday spelled out three conditions to end the war with Israel and the United States, which entered its thirteenth day today. Taking to X, Iran's President Masoud Pezeshkian said he reaffirmed the country's commitment to peace during talks with leaders of Russia and Pakistan.

Messi's Argentina Football Team Accused Of Cheating Kerala

Messi's Argentina Football Team Accused Of Cheating Kerala

Rediff.com2 Apr 2026

Kerala Sports Minister V Abdurahiman has accused the Argentina football team of deceiving the state by failing to play a match after allegedly receiving payment.

Multi-City Air Ticket Scam Busted: Mastermind Arrested

Multi-City Air Ticket Scam Busted: Mastermind Arrested

Rediff.com9 Apr 2026

Four individuals have been arrested for allegedly running a sophisticated cyber fraud operation, duping people with fake discounted air tickets across multiple cities. Police recovered a substantial amount of cash and luxury items from the accused.

Ryan Williams Debut: India Look to End AFC Asian Cup Qualifiers on a High

Ryan Williams Debut: India Look to End AFC Asian Cup Qualifiers on a High

Rediff.com30 Mar 2026

India face Hong Kong in their final AFC Asian Cup 2027 qualifier, with Ryan Williams set to make his debut. Both teams aim to gain FIFA ranking points and build for the future.

Trump threatens to sink Iranian ships near Hormuz blockade

Trump threatens to sink Iranian ships near Hormuz blockade

Rediff.com14 Apr 2026

In a sharp escalation of regional tensions, US President Donald Trump issued a fresh warning to Tehran on Monday, asserting that the American military is prepared to sink any Iranian vessels that approach the newly established naval blockade in the Strait of Hormuz.

AFI To Conduct SRY Gene, DNA Tests On Athletes

AFI To Conduct SRY Gene, DNA Tests On Athletes

Rediff.com18 Apr 2026

The Athletics Federation of India (AFI) will conduct SRY Gene tests at the Federation Cup in Ranchi to ensure only biological females compete in the women's category. The AFI will also start DNA testing of Indian athletes to collect data for research, injury prevention, and training methods.

British Nationals Sentenced for Illegal Entry into India from Nepal

British Nationals Sentenced for Illegal Entry into India from Nepal

Rediff.com7 Apr 2026

Two British nationals have been sentenced to six months' imprisonment by an Indian court for illegally entering India from Nepal. The individuals, Hassan Amman Saleem and Sumitra Shakeel Olivia, were arrested in November last year for entering without valid documents.

Kanpur Teacher Duped in Multi-Layered Cyber Fraud Impersonating Zuckerberg and Musk Associates

Kanpur Teacher Duped in Multi-Layered Cyber Fraud Impersonating Zuckerberg and Musk Associates

Rediff.com18 Mar 2026

A retired school teacher in Kanpur was allegedly defrauded of Rs 1.57 crore (approximately 150,000) in a sophisticated cyber scam involving impersonations of Mark Zuckerberg and associates of Elon Musk.

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