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BluSmart Collapse Puts E-Wallet Risks Under RBI Scrutiny

Mint Chennai

|

May 15, 2025

RBI Is Considering Escrow Mandates and Expanding PPI Guidelines to Protect Consumer Balances in App-Specific Wallets

- Bloomberg

India's central bank is scrutinizing some digital wallets associated with electric-vehicle players after the sudden collapse of the country's largest all-EV taxi service left users unable to access money tied to their accounts, people familiar with the matter said.

MÁS HISTORIAS DE Mint Chennai

Mint Chennai

Maruti aims to produce 2,000 EVs per month

Maruti Suzuki India Ltd plans to make around 2,000 electric vehicles (EVs) a month for the domestic market until July as it begins sales of its flagship EV model, eVitara, while facing capacity constraints at its plants amid rising demand.

time to read

1 min

February 28, 2026

Mint Chennai

Build your own village by showing up

For years and years, I have heard the phrase “it takes a village”.

time to read

4 mins

February 28, 2026

Mint Chennai

Mint Chennai

The sexiest show on TV

STREAM OF STORIES

time to read

4 mins

February 28, 2026

Mint Chennai

Mint Chennai

The power of comfort

Rescued animals need steady routines as they have different baselines than pets that had a stable start

time to read

2 mins

February 28, 2026

Mint Chennai

Norway fund to not bet on Adani Green

always has a recourse to look at other types of investors.

time to read

1 mins

February 28, 2026

Mint Chennai

GDP revamp shrinks size of India’s economy

India’s economy is now smaller than previously thought. New estimates based on an updated methodology and base year have shrunk the nominal output by over ₹3 trillion ($133 billion), validating concerns over the size of the economy.

time to read

3 mins

February 28, 2026

Mint Chennai

Mint Chennai

Paramount-Warner deal set to reshape Indian cinema

Netflix is backing away from its proposal to buy Warner Bros Discovery

time to read

2 mins

February 28, 2026

Mint Chennai

Mint Chennai

April-Jan fiscal deficit at ₹9.81 tn, 63% of full target

India’s fiscal deficit for April-January fiscal year 2026 (FY26) stood at ₹9.81 trillion, or 63% of the revised estimate (RE) for 2025-26, according to provisional data released by the Controller General of Accounts on Friday, indicating a contained fiscal position with two months left in the financial year.

time to read

1 min

February 28, 2026

Mint Chennai

Mint Chennai

J Dilla added innovative soul to machine-made hip-hop

LOW FIDELITY

time to read

5 mins

February 28, 2026

Mint Chennai

Mint Chennai

Taking the slow lane in Mysuru

Mysuru's pace is drawing those seeking to escape the rush of large cities, and its conscious café culture reflects the space it gives people to pour themselves into a slow and creative life

time to read

6 mins

February 28, 2026

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