Market News Top 10 News SpiceJet to Send 80 Pilots on Leave Without Pay – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: SpiceJet to send 80 pilots on leave without pay SpiceJet Ltd will send around 80 pilots on Leave Without Pay (LWP) as the airline finds itself with excess pilots. Around 40 pilots from the Boeing 737 fleet and 40 from the Q400 […] Written by Cherian Varghese September 20, 2022September 20, 2022
Editorial What is e-RUPI: The Future Of Payments in India? e-RUPI has been in the news for a while now. PM Narendra Modi officially announced the launch of e-RUPI on August 2, 2021. It is an initiative by the National Payments Corporation of India (NPCI) in association with the Department of Financial Services (DFS), National Health Authority (NHA), and the Ministry of Health and Family […] Written by marketfeed Team August 12, 2021April 21, 2022
Editorial What are New Umbrella Entities? Why are Tata to Reliance Interested in it? As India moves towards building an extensive digital society, there is a requirement for multiple players to be involved. The RBI has run many experiments in the digital payments space in India, including licensing exclusive payments banks and setting up white-label ATMs. They have now come up with a new concept— New Umbrella Entities, which […] Written by marketfeed Team April 3, 2021April 21, 2022
Editorial The UPI Transaction Cap – All You Need To Know On 5th November, an official notification from the National Payment Corporation of India (NPCI) came as a bitter surprise for digital payment companies. The notice stated that the amount of UPI transactions on third-party applications would be capped at 30%. This would impact firms such as Google Pay and PhonePe, and also consumers like you […] Written by Cherian Varghese November 10, 2020August 31, 2022