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IBTimes

Economy / IBTimes

RBI tightens e-mandate rules, makes extra authentication mandatory for recurring payments above Rs 15,000

The rules apply across all digital payment modes including cards, UPI, and prepaid instruments, covering both domestic and international transactions. High-value recurring payments such as insurance premiums, mutual fund subscriptions, and credit card bills above 1 lakh will also require enhanced authentication.

21 Apr 2026 9:46 pm
PIB Fact Check flags fake AI video of FM Sitharaman promoting investment scheme

PIB Fact Check has flagged a viral AI-generated video falsely showing Finance Minister Nirmala Sitharaman promoting a high-return investment scheme. The video claims that an investment of Rs 22,000 can yield Rs 5.5 lakh in a week, which the government has clarified is completely fake

16 Apr 2026 7:22 pm
Sensex, Nifty open higher as geopolitical tensions ease

Indian equity benchmarks Sensex and Nifty 50 opened higher on Thursday, tracking positive global cues as geopolitical tensions between the US and Iran showed signs of easing. Gains were driven by sectors like realty, financials, and consumer durables, with mid-cap and small-cap stocks outperforming.

16 Apr 2026 1:00 pm
Gold, silver edge higher on hopes of West Asia de-escalation

Gold and silver prices edged higher on the Multi Commodity Exchange, supported by optimism over easing geopolitical tensions in West Asia following remarks by Donald Trump. Gold traded near 1.55 lakh per 10 grams.

16 Apr 2026 12:59 pm