Digital payments push: PhonePe PG rolls out ‘Bolt’ for Visa, Mastercard cards; enables one-click in-app checkout

PhonePe Payment Gateway on Saturday launched ‘PhonePe PG Bolt’ for Visa and Mastercard credit and debit card transactions, aiming to offer a faster and more secure in-app checkout experience for users and merchants, PTI reported.The solution uses device tokenisation to enable secure payments within apps for users on the PhonePe platform as well as merchant…

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‘Both side worked to narrow divergences’: India, EU push officials to fast-track FTA negotiations; here’s what commerce ministry said

India and the European Union have asked their officials to resolve outstanding issues and accelerate negotiations to finalise the proposed free trade agreement, according to an official statement issued on Saturday, PTI reported.Commerce and Industry Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic met in Brussels to review the status…

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US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin

If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters.In an interview, Bessent said he doubted the court would…

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US 500% tariff threat: Garment exporters will ‘have to take risk’; traders brace for next shock

As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…

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India adds 48 GW of RE capacity

CHENNAI: India’s renewable energy sector wrapped up 2025 with a record-breaking surge in capacity additions, underscoring the pace of the country’s clean energy transition. About 48 GW of new renewable capacity was added during the year, including large hydro projects, while around 45 GW was added excluding the large hydro segment, compared with 28 GW…

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‘If you want to go in…’: Oil chiefs express caution as Trump pushes oil plan — what happened at the meeting

US President Donald Trump held talks with senior oil executives on Friday (local time), pushing them to consider investments in Venezuela’s oil sector following the capture of President Nicolas Maduro. While Trump presented the country as newly secure and open for business, industry leaders responded cautiously, with one major executive saying Venezuela remains “uninvestable” without…

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India, EU hold trade deal talks

NEW DELHI: India and the European Union (EU) on Friday held talks in Brussels on the proposed Free Trade Agreement (FTA) and reaffirmed their commitment to a rulesbased trading framework and a modern economic partnership that safeguards the interests of farmers and MSMEs. Commerce and industry minister Piyush Goyal is on a two-day official visit…

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‘Closely following developments’: India watches proposed US tariff bill on Russian oil buyers; what MEA said

India on Friday said it is closely monitoring developments around a proposed US legislation that seeks to impose steep tariffs of up to 500% on countries procuring Russian crude oil, amid growing pressure from Washington, PTI reported.“We are aware of the proposed bill. We are closely following the developments,” External Affairs Ministry spokesperson Randhir Jaiswal…

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