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online transaction: International online transaction is unsuccessful but money has been deducted: When, how will you get a refund?

There are multiple reasons as to why an international online transaction on an e-commerce or other websites could fail if an Indian debit or credit card was used for executing such a transaction. However if the money was deducted for such a transaction although the website showed it as failed, do not worry, it will be refunded back automatically by the bank. ....

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upi lite: NPCI is building voice bots for UPI Payments; to go live in a couple of months

UPI transactions will soon be enabled through conversations with AI voice bots, which will enable people from all walks of life to use UPI for their daily transactions ....

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monetary policy committee: RBI's decision on interest rate to support growth, check inflation: Industry

The monetary policy committee (MPC), which has three members from the central bank and a similar number of external members, held the benchmark repurchase rate (repo) at 6.50 per cent in a unanimous decision. Commenting on RBI s decision, Ficci president Subhrakant Panda said the central bank has adopted a balanced approach by maintaining status quo on policy rates which will support growth while targeting inflation which has inched up recently. ....

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Ola's losses widen, revenue doubles; Zerodha allocates Rs 1,000 crore to fund startups

Bhavish Aggarwal s Ola finally disclosed its financials for FY22 after a year-long delay. This and more in todays ETtech Top 5. ....

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What is 20% TCS On International Credit Cards? Read Impact Your Foreign Trips

20% TCS on International Credit Card: Get information about the central government, in consultation with the RBI, has notified an amendment of rules under the FEMA. ....

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