Digital payments in India get WhatsApp boost

Digital payments in India registered significant growth in recent months amid the Covid-19 pandemic, a trend likely to be further reinforced with the launch of a payment facility on WhatsApp earlier this month. The number of Unified Payments Interface-based (UPI-based)

DBS has the firepower to right LVB ship

Fortune favours the brave, as the saying goes. The question for DBS is whether the Reserve Bank of India’s call to amalgamate troubled Lakshmi Vilas Bank (LVB) with the Singapore bank has fortune written all over it. Please subscribe or

GIC and co-investors buy Reliance's Indian telecom towers for US$3.4 billion

BENGALURU (REUTERS) – GIC, Singapore’s sovereign wealth fund, said on Tuesday (Sept 1) that its affiliates and a group of investors, including Canada’s Brookfield Infrastructure Partners, bought an Indian telecom tower company from a unit of Reliance Industries for US$3.4

India gets new jets amid border tension with China

India’s air force has received five new Rafale fighter jets amid ongoing border tensions with China. The aircraft are part of India’s deal with France in 2016 to buy 36 warplanes. Delhi is hoping to modernise its dwindling Soviet-era air