Business news

Airtel flags 8 billion spam calls, 800 million spam SMSes

Airtel flags 8 billion spam calls, 800 million spam SMSes

After the government directed telecom operators to curb the spread of spam calls and messages, Bharti Airtel on Monday said it has flagged 8 billion spam calls and 800 million spam SMSes within two and a half months of launching its AI-powered, spam-fighting solution. Dec 9, 2024
UPI sets new record with 16.58 billion transactions worth Rs 23.5 lakh crore in Oct

UPI provided credit access to poor, fuelled equitable growth: Study

India's Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth by enabling underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time, according to a new study by IIM and ISB professors. Dec 8, 2024
Centre gears up to make hallmarking mandatory for gold bullion

Centre prepares to Mandate Hallmarking for Gold Bullion

The Indian government is preparing to make hallmarking mandatory for gold bullion. This announcement was made by Consumer Affairs Secretary, Nidhi Khare, at the Gems and Jewellery Conference organized by the Confederation of Indian Industry (CII) in New Delhi. Dec 6, 2024
Govt doubles FCI's authorised capital to Rs 21,000 cr in big boost to farm sector

RBI raises limit of collateral-free agriculture loans to Rs 2 lakh

The Reserve Bank of India (RBI) has decided to raise the limit for collateral-free agriculture loans from Rs 1.6 lakh to Rs 2 lakh to enhance coverage of small and marginal farmers and permit small finance banks to extend pre-sanctioned credit lines through UPI to small borrowers to ensure greater financial inclusion. Dec 6, 2024
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