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Thursday, August 14, 2025
TopicOnline transactions

Topic: Online transactions

Trade in rupee can’t afford speed breakers from govt. RBI also needs to take care of a hitch

While RBI move to allow export/import to be invoiced in Indian rupee will solve some problems, there is no guarantee it will circumvent payment issues with Iran or Russia.

What is tokenisation, RBI’s new idea for safe online payments that’ll be voluntary from 1 July

To secure card transactions online, RBI has mandated all authorised card networks to issue merchant-specific tokens against card details. Here’s a look at what that will entail.

Amazon or Big Bazaar, Indians want low prices. Online retail must be a level-playing field

India’s e-commerce rules single out foreign-owned online platforms like Amazon and Flipkart. But the domestic online and offline retailers follow similar marketing tactics.

Apple to start direct online sales of devices in months after Modi govt eased FDI rules

Modi govt Wednesday allowed single brand retailers like Apple to set up online stores before physical shops and also eased local sourcing rules.

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

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

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.

2 Agniveers awarded Sena Medal for gallantry in Op Sindoor, a first since Agnipath launch

This marks the first time that Agniveers have received gallantry awards. They are the Army's short-term recruits under the Agnipath scheme.

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.