FinMin flags the challenge of navigating uncertainty in the global context, with an imminent cycle of policy rate cuts, fears of a recession in advanced economies and geopolitical conflicts
Following this approval, Paytm Payments Services (PPSL) will resubmit its application for a payment aggregator licence to the Reserve Bank of India (RBI).
Virtual digital asset service providers like crypto exchanges must register with the FIU as a reporting entity and comply with its anti-money laundering rules.
Though there are indications of hardening crude oil prices and supply chain bottlenecks, India's strong performance stands out even as global growth shows a "sluggish" trend, the ministry says
FinMin action comes after FIU-IND received specific info on a few entities engaging in illegal acts, including organising and facilitating online gambling