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RBI plans simpler cross-border payment approvals to boost MSMEs
The Business Guardian
|June 14, 2026
The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exporters as part of its Payments Vision 2028, according to an EY report, which identified cross-border payments as a key strategic priority for the next phase of India’s digital payments growth.
In its report, Payments Vision 2028: Preparing to Shape India’s Payment Frontier, EY said the RBI is moving beyond the earlier focus on expanding digital payment adoption and is now seeking to improve the efficiency of cross-border transactions and strengthen India’s position in global payments.
“Cross-border payments appear as a strategic priority, with proposed simplification of authorizations-- potentially through a single-window approach -- along with a comprehensive ecosystem review,” the report said.
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The Business Guardian
Railway minister to flag off first direct Pune-Sainagar Shirdi Daily Express
There is good news for Sai Baba devotees. Railway Minister Ashwini Vaishnav will flag off the Pune-Sainagar Shirdi Daily Express from Pune Railway Station on June 17th at 3:30 PM.
1 min
June 17, 2026
The Business Guardian
Satish Upadhyay assumes charge as DJB vice-chairman
Malviya Nagar MLA and former Delhi BJP president Satish Upadhyay on Tuesday formally assumed charge as the vice-chairman of the Delhi Jal Board (DJB) at its headquarters, Varunalaya, marking the filling of a key post that had remained vacant for over a year.
1 min
June 17, 2026
The Business Guardian
Railways approves Rs 341 cr Kavach rollout for Ambala, Ahmedabad
Indian Railways has sanctioned Rs 341 crore for expanding its indigenously developed train protection system Kavach across Ambala Division of Northern Railway and Ahmedabad Division of Western Railway, taking the safety net to more high-density passenger and freight corridors in Haryana, Punjab, Himachal Pradesh and Gujarat.
1 min
June 17, 2026
The Business Guardian
Namo Cities plan puts city at centre
Delhi’s role in shaping the future growth of the National Capital Region (NCR) received a major boost on Tuesday as the National Capital Region Planning Board (NCRPB) approved the development of four greenfield urban centres, to be known as ‘Namo Cities’, under the Regional Plan-2041.
1 min
June 17, 2026
The Business Guardian
YES Bank: Lower crude May ease inflation, support RBI pause
India’s wholesale inflationary pressures remain elevated, but easing global crude oil prices and a stable rupee could help soften future price risks, potentially allowing the Reserve Bank of India (RBI) to defer any immediate rate hike despite a sharp rise in wholesale price inflation, according to a YES Bank report.
1 min
June 17, 2026
The Business Guardian
BACK AND JOINT STIFFNESS: NATURAL WAYS TO RESTORE MOBILITY
Stiffness in the back and joints is a widespread concern that affects people across all age groups.
3 mins
June 17, 2026
The Business Guardian
AP emerges as prime semiconductor investment destination: Naidu
Andhra Pradesh is rapidly emerging as one of the most attractive destinations for semiconductor manufacturing, Chief Minister N. Chandrababu Naidu said on Tuesday, inviting global industry leaders to visit the state within the next 30 days to explore its investor-friendly policies and business opportunities.
1 min
June 17, 2026
The Business Guardian
CENTRAL BANKS TURN TO GOLD AMID GEOPOLITICAL TURMOIL: WGC SURVEY
Central banks are ramping up gold holdings as geopolitical risks and economic uncertainty drive a global shift in reserve sees WGC survey shows.
2 mins
June 17, 2026
The Business Guardian
GOVT RAISES EXPORT DUTY ON DIESEL, ATF; DOMESTIC FUEL UNCHANGED
The Centre has increased export duties on diesel and ATF to safeguard domestic fuel availability amid supply pressures linked to the West Asia crisis.
2 mins
June 17, 2026
The Business Guardian
ECLGS 5.0 to Aid Firms affected by West Asia conflict: CRISIL
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 is expected to provide timely relief to companies grappling with higher working capital requirements arising from disruptions caused by the ongoing West Asia conflict, according to a report by CRISIL Ratings.
2 mins
June 17, 2026
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