RTGS service to be unavailable for 14 hrs on April 18: RBI

Reserve Bank of India (RBI) has announced that its real-time gross settlement (RTGS) funds transfer system will be unavailable for 14 hours on Sunday, April 18.

Scroll Staff

· Apr 15, 2021 · 10:35 am

India’s online shopping festivals show that ‘Boycott China’ are just hollow words

On the first day of Amazon and Flipkart’s annual festive season sales, Redmi, Oppo and Vivo were the big stars.

Ananya Bhattacharya, qz.com

· Aug 07, 2020 · 01:30 pm

Here’s more proof that you shouldn’t take all Indian online festive offers at face value

A data analyst compared list prices of products before and during the sales and found that the mega 50% to 80% discounts were ‘in name only’.

Abishek Bhat, qz.com

· Oct 10, 2019 · 01:30 pm

Say goodbye to online discounts. The unstoppable growth of e-commerce sites may be coming to an end

Even Amazon can’t defy gravity forever.

Ralf Seifert, The Conversation

 & 

Richard Markoff, The Conversation

· Jun 17, 2019 · 08:30 pm

PayPal predicts e-wallets will soon be extinct in India

Unpredictable changes brought in by the Reserve Bank of India have been the biggest challenges for the business.

Nupur Anand, qz.com

· Jan 15, 2019 · 01:30 pm

Behind RBI’s digital payments panel, a controversial firm’s shadow, conflict of interest allegations

The central bank has created a five-member panel that includes Nandan Nilekani and Sanjay Jain, both of whom have ties to lobby group iSpirt.

Aria Thaker, qz.com

· Jan 10, 2019 · 01:30 pm

‘It makes zero sense’: Why American investors aren’t sold on Walmart’s acquisition of Flipkart

The retail giant’s stock fell as much as 4% on the New York Stock Exchange the day the deal was announced.

Ananya Bhattacharya, qz.com

· May 13, 2018 · 07:30 pm

After a decade, Walmart’s dreams of entering India in a big way are finally coming true

The retail giant from Arkansas first announced its plans to come to India in 2007.

Suneera Tandon, qz.com

· May 10, 2018 · 01:30 pm

Why Walmart and Amazon are desperate to buy Flipkart

A controlling stake in Flipkart – one of India’s most successful startups – could ensure a win in the country’s retail space.

Itika Sharma Punit, qz.com

· Apr 17, 2018 · 06:32 pm

Apps trump websites for Indian smartphone users

Over 80% of buyers surveyed in India now prefer using apps over mobile browsers to shop on phones.

Ananya Bhattacharya, qz.com

· Mar 07, 2018 · 11:30 pm

India’s e-wallets are struggling to weather the storm set off by mandatory Aadhaar-linked KYC norms

The detailed procedure makes the industry lose its most important pull factor: convenience.

Nupur Anand, qz.com

· Mar 06, 2018 · 01:30 pm

Flipkart’s digital wallet banks on not needing internet to take on Paytm (but there are glitches)

PhonePe’s new point of sale device is supposed to process payments without needing an internet connection.

Aroon Deep

· Nov 12, 2017 · 07:30 am