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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Paytm enables automatic payment deduction from bank accounts for equity trading
brokerage applications to block funds directly in bank accounts through its Unified Payments Interface (UPI) service.
In an exchange filing, the company said Paytm UPI now supports UPI Trading Blocks, a feature that aims to simplify the trading process. Users can now set up automatic payment deductions directly from their bank accounts.
This negates the need for users to transfer funds to trading accounts on brokerage apps. The money remains in the bank account earning interest while being accessible for immediate trades.
Built on the infrastructure of the National Payments Corporation of India (NPCI), the app deducts the amount only when the money is needed, automatically, without need of a UPI pin.
Once the trade is completed, users can manage and track their funds on the Paytm app.
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21.05 / 10:17
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Booking
wellness
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How chronic illness became a starting point for artistic alchemy for Koshy Brahmatmaj
Subscribe to enjoy similar stories.Pain is invisible; the sufferer has to make noise for it to be acknowledged, treated or accepted. Mumbai-based artist Koshy Brahmatmaj, 34, lives with chronic endometriosis, a painful condition that afflicts millions of women around the world.
21.05 / 10:17
markets
UPS
IPO
NVIDIA
SpaceX
Even at $5 trillion, Nvidia is underappreciated
Subscribe to enjoy similar stories.Nvidia is no longer the only AI chip game in town. But it is the largest by far, and the likelihood that it will be that way for the foreseeable future should count for something.It hasn’t counted for much lately.
21.05 / 10:17
markets
Digital
CEO
War
Omnicom
RK Swamy bets on integrated advertising model as global agency giants split media and creative
Subscribe to enjoy similar stories.Homegrown advertising group RK Swamy Ltd is betting on its integrated marketing model to drive growth over the next few years, combining media, creative and other advertising services even as the ‘Big Four’ agency networks increasingly separate those businesses.“We never did disaggregated media and creative [although] that was an option 20 years ago,” Shekhar Swamy, MD and group CEO of RK Swamy Ltd told Mint in an interview.“How can you disaggregate the two? The media function holds a lot of data, and then when media and creative walk separately, it creates a lot of tension. This is not a sensible model for a client.”RK Swamy’s clients include Magicbricks, Polycab, and several government institutions and PSUs such as LIC.The company reported a 15% jump in annual revenue for FY26 to ₹351.73 crore, while profit before tax and exceptional items rose 30% year-on-year to ₹32.2 crore.
21.05 / 09:47
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IPO
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SpaceX
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21.05 / 09:47
markets
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21.05 / 09:47
markets
Research
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PI Industries’ weak core business keeps investors on edge
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21.05 / 08:45
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UPS
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