Indices Pick Up on Global Cues, Slowing Outflows
Indian equities got off to a strong start for the week on Monday, tracking strength in global markets, on optimism the US Federal Reserve may not increase interest rates as aggressively as predicted earlier.
Prepaid Card Issuances Dry up for Fintech Firms
Prepaid cards issued by fintech firms such as Slice, Uni and LazyPay have slid below the 100,000-mark after the Reserve Bank of India recently barred the industry from loading credit lines on to wallets and other such prepaid payment instruments (PPIs), multiple industry executives told ET.
