Monday, August 17
New Delhi: PhonePe Payment Gateway has launched 'PhonePe PG Bolt' for Visa and Mastercard credit and debit card transactions, the company said on Saturday.The solution utilizes device tokenization to provide a secure and efficient in-app checkout experience for PhonePe platform users and merchant partners, the company said in a statement.Yuvraj Singh Shekhawat, Chief Business Officer of Merchant Business at PhonePe, said that the launch of PhonePe PG Bolt feature for Visa and Mastercard is a significant step in the company's journey to simplify digital payments for millions of Indians."By leveraging device tokenization, we will enable users and merchants to move away from the traditional, cumbersome checkout process to a secure, one-click payment experience. This not only enhances user con
Asset manager Aberdeen Investments is "trimming" its holdings of Venezuela's sovereign bonds, a portfolio manager told Reuters, after a stunning rally that has more than doubled the price of the country's defaulted bonds in the past 12 months. "The tail risk seems pretty high," Kevin Daly, a portfolio manager at Aberdeen Standard Investments, told Reuters. "We're trimming it back a little bit. I think it's prudent to reduce a bit of risk here." The defaulted debt instruments gained as much 10 cents on Monday, the first trading day after the U.S. seized President Nicolas Maduro in a weekend operation. Those gains added to returns of nearly 100% last year, fuelled by investor hopes that U.S. President Donald Trump's return to the White House could prompt regime change th
India Budget 2026: The fragmentation of the global economy is fast becoming a hard reality. Tariff wars, sanctions regimes, the prolonged impact of the Russia–Ukraine conflict and rising geopolitical tensions have reshaped trade flows and supply chains. In this unsettled environment, India finds itself confronting global headwinds even as new strategic openings emerge. The country’s challenge is to convert disruption into opportunity by identifying sectors that can simultaneously strengthen domestic resilience and enhance external competitiveness.Click here to catch all developments on Budget 2026Shipping and ports stand out as one such sector. Often treated as enabling infrastructure, maritime capacity is in fact foundational to economic power in an era of contested trade. India’s a
