Prøve GULL - Gratis

Trai asks BFSI firms to use ‘1600’ series to curb fraud

Business Standard

|

November 20, 2025

Timeline for adoption

- GULVEEN AULAKH

The Telecom Regulatory Authority of India (Trai) on Wednesday issued directions to banking, financial services, and insurance entities to adopt the new “1600” numbering series under a phased timeline, starting January 1, 2026, for service and transactional calls. Currently, the entities use 10-digit mobile numbers or standard landline connections.

The directions have been issued to entities regulated by the Reserve Bank of India (RBI), Securities and Exchange Board of India (Sebi), and Pension Fund Regulatory and Development Authority (PFRDA) for identification of their service and transaction calls, with the intent of curbing spam, financial frauds, and digital arrests — an emerging cybercrime trend where fraudsters pose as government or enforcement officials to extract money from unsuspecting people, often over voice or video calls.

FLERE HISTORIER FRA Business Standard

Business Standard

Global stock index hits record level

Global stocks climbed to a fresh record as the Federal Reserve's interest-rate cut this week and its upbeat assessment of the US economy boosted investor sentiment.

time to read

1 min

December 13, 2025

Business Standard

Business Standard

Musk’s Mars mission adds risk to red-hot SpaceX IPO

Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.

time to read

1 min

December 13, 2025

Business Standard

EU set to indefinitely freeze Russian assets

The European Union (EU) looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow’s invasion.

time to read

1 min

December 13, 2025

Business Standard

The ‘delusional’ optimist

Mathur takes Ajinkya Kawale and Shivani Shinde through the payment aggregator’s journey, its challenges, his vision for it, and where his optimism comes from

time to read

6 mins

December 13, 2025

Business Standard

Business Standard

Can OpenAI respond after Google closes AI tech gap?

Just before Thanksgiving, Google boasted that its new and improved Artificial Intelligence model, Gemini 3, had surpassed the technology from its young rival Open AI and ‘was now the best in the world.

time to read

1 mins

December 13, 2025

Business Standard

Govt amends petroleum, natural gas rules for ease of doing business

‘The government has amended the Petroleum and Natural Gas Rules, 2025 to offer ease of business and operations in the country’s exploration and production (E&P) sector.

time to read

1 min

December 13, 2025

Business Standard

Business Standard

'Listing won't alter our investment philosophy'

India is a market where scalable businesses with lower margins and higher volumes create enduring value, says Nimesh Shah, managing director (MD) and chief executive officer (CEO) of ICICI Prudential Asset Management Company (AMC).

time to read

2 mins

December 13, 2025

Business Standard

'India-Sweden economic corridor positioned for robust expansion'

Business Sweden -- the Swedish Trade and Invest Council -- expects its investments in India to grow sharply over the next five years, potentially doubling from current levels.

time to read

2 mins

December 13, 2025

Business Standard

Business Standard

New name and more work days’ promise on anvil for MGNREGA

The Centre is renaming the flagship Mahatma Gandhi Rural Employment Guarantee Scheme, or MGNREGS, to Pujya Bapu Grameen Rozgar Yojana, while raising the number of mandatory guaranteed employment days from 100 to 125.

time to read

1 min

December 13, 2025

Business Standard

Auto financier stocks rise; valuations may cap upside

Investors should take selective exposure to the sector at current levels, say analysts

time to read

2 mins

December 13, 2025

Listen

Translate

Share

-
+

Change font size