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Wednesday, August 13, 2025
TopicMoney transfer

Topic: Money transfer

Nexus, the www of payments that could end the era of costly global money transfers

Nexus won’t be another app but a blueprint for instant cross-border payments that could put international wire transfers in the museum where they belong.

Stigma of fake news is locking WhatsApp out of India’s lucrative digital payments market

While Facebook Inc. deserves scrutiny for being a platform for hate speech and fake news, cashless transfers is one area where it can be a force for good.

RBI to allow 24×7 money transfer facility under NEFT from December

The National Electronic Funds Transfer (NEFT), operated by the RBI, is used for fund transfers up to Rs 2 lakh.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.