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Opinion | Fintech touching millions of lives by redefining financial services
Fintech can reach many underserved yet economically viable customers
3 min read15 Apr 2019Paytm losses swell 70% to ₹1,490 crore in 2017-18
Paytm parent One97 Communications's 1,490 crore loss in 2017-18 came against a fourfold jump in revenue to 3,314 crore from the year-ago period
2 min read29 Oct 2018Google Tez is now Google Pay, to offer instant bank loans
At its annual Google for India event, Google announced that Google Pay, which was earlier known as Google Tez, will offer instant bank loans also to its users with minimal paperwork.
1 min read29 Aug 2018MobiKwik restructures senior leadership team, aims four-fold growth this year
MobiKwik also appoints three new executivesDeepak Batra as head of online business, Jalaj Khurana as head of unorganised retail, Chandan Joshi as head of organised retail
1 min read24 Jul 2018Mobile wallet transactions fell sharply in March
The value of mobile wallet transactions fell from a peak of 13,100 cr in February to 10,000 cr in March and 11,695 cr in April, data shows
2 min read18 Jun 20184 reasons why UPI may overtake mobile wallets soon
Since November 2017, the UPI platform has beaten mobile wallets hands down in terms of the value and volume of transactions
4 min read22 May 2018Facebook doesn’t use WhatsApp payments data for commercial purposes: WhatsApp
Facebook simply helps pass the necessary payment information to the partner bank and NPCI, said WhatsApp clarifying its data privacy policy
2 min read15 Apr 2018China’s Ant Financial aims for $9 billion in new funding: Report
Ant Financial, controlled by Alibaba co-founder Jack Ma, plans to raise $9 billion in its next planned round of funding, the 'Wall Street Journal' has reported
2 min read10 Apr 2018Pine Labs raises $82 million from Actis Capital, Altimeter, others
The funding from Actis Capital, Altimeter and others is said to value fintech startup Pine Labs at $1 billion
2 min read13 Mar 2018PhonePe says Paytm’s claims on UPI are ‘misleading’
While Paytm 'seems to be leading the market' in terms of number of UPI transactions, the average value of such transactions is much lower at Rs40 compared to its own Rs1,800, says PhonePe
2 min read9 Mar 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared