Digital Gateway: New Govt Initiative for Farmer Finance
The government has launched an online digital gateway named “e-Upaja Kisaan Nidhi” to empower farmers with access to pledge finance against their harvested commodities. This initiative enables farmers to store their agricultural produce with the Warehousing Development and Regulatory Authority (WDRA) and secure post-harvest loans from banks. What is pledge finance? Pledge finance is a […]
NTPC , NGEL and UPRVUNL: Powering Renewable Energy Parks
NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, India’s largest power producer, has entered into a joint venture agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), the state-owned power utility of Uttar Pradesh, to develop renewable power parks and projects in the state. Joint venture agreement details The joint […]
PNB Partners with EaseMyTrip for PNB EMT Credit Card
Punjab National Bank (PNB), one of the leading public sector banks in India, has partnered with EaseMyTrip, one of the largest online travel portals in India, to launch a co-branded travel credit card that targets mass to premium customer segments. The PNB EMT Credit Card promises to offer a variety of rewards and benefits for […]
Neeraj Chopra: New Face of BPCL’s ‘Speed’ Petrol
Bharat Petroleum Corporation Limited (BPCL), a leading Fortune 500 Maharatna Energy Conglomerate, has announced that Olympic and World Javelin Champion Neeraj Chopra will be the new face of their Premium Petrol ‘Speed’. This collaboration aims to enhance the brand’s appeal as a high-performance fuel that delivers peak performance and efficiency. Neeraj Chopra: A Perfect Fit […]
Policybazaar Insurance Brokers Receives IRDAI Broker License
Policybazaar Insurance Brokers, a subsidiary of PB Fintech, has become a composite insurance broker after getting the final approval from IRDAI. This will allow the company to sell reinsurance products and expand its reach in the insurance sector. What is reinsurance and why is it important? Reinsurance is the practice of insurers transferring portions of […]
Google removes 10 Apps from Indian Play Store Over Fees
Google has taken down 10 popular Indian apps from its Play Store, including BharatMatrimony, Naukri, Truly Madly and Kuku FM, over a fee dispute that has been going on for more than three years. The US tech giant claims that these apps have violated its payment policies by avoiding fees ranging from 11% to 26% […]
Zakya by Zoho: Revolutionizing POS for Small Retailers
Zakya by Zoho is a modern retail POS solution that helps small and medium retailers in India sell better, manage their entire business, and join the digital revolution. Zakya offers a cloud-based and mobile-native platform that can be implemented in under an hour, supports multiple languages, and enables omnichannel sales through in-store, online, and mobile […]
Flipkart UPI Handle: A Leap in Digital Payments
Flipkart, India’s leading e-commerce platform, has launched its own UPI handle powered by Axis Bank for Android users. The handle, called “@fkaxis”, offers a convenient, secure and rewarding way to make payments, transfer funds and earn Supercoins. What is Flipkart UPI? Flipkart UPI is a payment service that allows users to create their own UPI […]
Disney, RIL Sign Deal: Viacom18 Merges with Star India
In a landmark agreement, Disney and Reliance Industries Limited (RIL) have announced the signing of binding definitive agreements to form a joint venture (JV) that will combine the businesses of Viacom18 and Star India . The deal, which has been in the works for months, will create a media behemoth across TV broadcasting, streaming, movies […]
Paytm Fined ₹5.49 Crore by FIU
The Financial Intelligence Unit-India (FIU-IND) has imposed a penalty of ₹5.49 crore on Paytm Payments Bank Ltd (PPBL) for violating its obligations under the Prevention of Money Laundering Act (PMLA), the Ministry of Finance said in a release. This is the latest setback for the digital payments giant, which is also facing regulatory scrutiny from […]