Author: Amisha Rampal

The Paytm payment gateway offers the most successful rates in the industry with a 99.99% uptime. Experiences that frustrate consumers, such as payments being stuck despite the money being debited, are rare on this platform. Hence, it makes the gateway ideal for everyone, especially small business owners.  The platform also offers multiple choices regarding the payment methods, such as credit cards, net banking, UPI, debit cards, EMI, Paytm Wallet, AMEX cards, etc. It is also the only platform that allows a user to pay via a fixed deposit.  For MSME’s, i.e., micro, small and medium enterprises, the Paytm PG is…

The Ukrainian crisis has cracked open the Indian economy’s sore spots. India faces two choices now: whether to maintain a careless “leave-it” attitude or to recalibrate monetary and fiscal funds. A few months into 2022, the Indian economy has been shaken. The rupee sank to an all-time low, the prices of FMCG, i.e., fast-moving consumer goods, have hiked, and milk has gotten costlier. To add to that, fuel prices have also increased, making it a challenge for citizens to face, and the prices of metals have also not been left behind, causing other household commodities to follow the lead of…

Due to Russia’s encroachment on Ukraine, oil and gas prices are constantly rising, and the stock markets have sunk. This sparks fear of a global economic shock.   Oil prices reached their highest level in the last 14 years at $139 per barrel, while wholesale gas prices more than doubled for next-day delivery.   Petrol prices, amidst warnings of higher energy bills, hit another record high. The price hike came after the US hinted at a ban on buying Russian energy and it looked at other countries to increase the supply.   Analysts warned that due to an upsurge in oil and gas…

On Monday, Russia introduced new “humanitarian corridors” to transport trapped civilians to Russia and its ally, Belarus. The move was immediately denounced as an “immoral stunt” by Kyiv. After two days of failed ceasefire, Russia’s announced new humanitarian corridors came to allow civilians to flee the city of Mariupol, where thousands are stuck under relentless bombardment. The defense ministry said that the humanitarian “corridors” would flee the city of Mariupol, the capital Kyiv, and the eastern cities of Kharkiv and Sumy. The ministry also said that an airlift would be provided from Kyiv to Russia by Moscow. As per the…

The US government-controlled news organisation RFE/RL (Radio Free Europe/Radio Liberty) has become yet another Western media outlet to suspend operations in Russia amid its ongoing invasion of Ukraine.   In a statement on Saturday, Jamie Fly, RFE/RL President, said, “It is with the deepest regret that I announce the suspension of our physical operations in Moscow today. This is not a decision that RFE/RL has taken of its own accord, but one that has been forced upon us by the Putin regime’s assault on the truth.”     On Friday, RFE/RL legitimised their decision by citing the intensified pressure on their journalists from…

Volodymyr Zelensky, the Ukrainian president, said that he spoke to Elon Musk on Saturday via video conference, where the Tesla and SpaceX CEO promised to send more Starlink systems to Ukraine amid the ongoing invasion.   Through a tweet, Zelensky expressed his gratitude towards Elon Musk, through which he said, “Talked to @elonmusk. I’m grateful to him for supporting Ukraine with words and deeds. Next week, we will receive another batch of Starlink systems for destroyed cities. Discussed possible space projects. But I’ll talk about this after the war.”    According to reports, the country is said to receive more systems…

BharatPe stripped Ashneer Grover of 1.4% equity shares worth Rs300 crores  Ashneer Grover, the co-founder of BharatPe, a fin-tech, was denied Rs 300 crore equity as he and his family were accused of committing financial fraud. This measure came just a day after he proposed his resignation.  BharatPe accused “the Grover family and their relatives of engaging in misappropriation of company funds, including, but not confined to, creating fake vendors through which they drained money away from the company’s expense account.” It also added that the company’s account was appallingly abused to fund their lavish lifestyle and enrich themselves.  The…

The former US presidential candidate and ex-secretary of state, Hillary Clinton, compared the Russian military operation in Ukraine to the Soviet Union’s invasion of Afghanistan in 1979. Hillary Clinton said that a similar outcome like when Washington backed Mujahideen fighters might be achieved by helping to arm Kyiv’s resistance. In an MSNBC interview on Monday, she said, “Remember, the Russians invaded Afghanistan back in 1980 (sic), and although no country went in, they certainly had a lot of countries supplying arms and advice and even some advisers to those who were recruited to fight Russia.”  The Afghanistan war did not…

Here’s a list of all the cities that have been captured by Russian forces so far and the ones that remain.  In their week-long invasion, Russian forces claim to have seized the first major Ukrainian city, I.e., the strategic southern port of Kherson. Russia has stepped up the bombardment across the country, capital Kyiv and surrounding Kharkiv, the second-largest city.  Kharkiv: On the sixth day of aggression, the invading forces fired rockets into the centre of the country’s second-largest city, Kharkiv. It has a population of around 1.4 million, with the majority speaking Russian, and is situated near the Russian…

A report by the SBI (State Bank of India) economists shows that the ongoing conflict between Russia and Ukraine has a high possibility of impacting specific high-frequency indicators such as the financial markets, exchange rate and crude prices in the short term. The finance minister said, “India’s development is going to be challenged by the newer challenges emanating in the world. Peace is being threatened, and after the Second World War, a war of this significance, this impact on the globe probably is not felt.”  It has also been found in a recent development that India’s top lender SBI will…