MUMBAI: Pine Labs has launched India’s first agent-to-agent payment capability, enabling autonomous transactions through artificial intelligence by extending UPI’s standing mandate framework to machines.The company on Thursday introduced the Pine Labs Payment Protocol (P3P), allowing users to authorise a onetime mandate that can be delegated to an AI agent, which can then independently decide when…
Strong domestic travel has again saved the day for Indian hospitality, although the West Asia war has impacted inbound traffic to the country, like many others globally.“Over 40% of people flying to India (and other parts of Asia from the west) do so via the Middle East (West Asia). That has slowed down inbound. The…
Union Minister of Commerce & Industry Piyush Goyal and EY (Ernst & Young) Global Chair and CEO Janet Truncale during a meeting to exchange views on India’s consistently growing role in global supply chains. BENGALURU: Janet Truncale, global chair and CEO of EY, said the professional services firm’s India operations are increasingly becoming central to…
NEW DELHI: A fresh round of price hikes by FMCG companies is set to make everyday essentials costlier for consumers soon. The latest increases across categories, from soaps and detergents to toothpaste and edible oils, in the range of 4-11%, come weeks after the fuel price revision in mid-May, industry experts told TOI.Leading consumer goods…
MUMBAI: Credit growth surged to a high even as deposits shrank in the first two months of FY27, widening the funding gap and pushing banks deeper into a liquidity squeeze, with the wedge between loans and deposits reaching about Rs 3.8 lakh crore by May 31.Credit growth stood at 17.7% for the fortnight ending May…
Lewis Hamilton’s bold new Barcelona paddock look steals attention while Kim Kardashian exits Europe (Image via Getty) Lewis Hamilton surprised fans before the Spanish Grand Prix when he arrived in the Barcelona paddock with a completely different look. The Ferrari driver swapped his usual braids for his natural shoulder-length curls, quickly becoming one of the…
Photo by Yonhap News Agency Controversial streamer Johnny Somali is asking a South Korean court to reduce his prison sentence, arguing that he has been unable to take medication for bipolar disorder since arriving in the country. Somali, whose real name is Ramsey Khalid Ismael, appeared in court on June 11 as part of an…
An Ontario man who spent more than a week in hospital while on holiday in Mexico has been left facing a medical bill of $147,502 after his travel insurance claim was denied.Bahoz Ali, from Oshawa, travelled to Mexico in April 2024 with his girlfriend after purchasing a Global Youth All-Inclusive travel insurance policy through Manulife.“Months…
An American official was mysteriously found dead in a hotel in Myanmar and a Thai woman was detained by the local police in connection with the investigation. Though the incident took place a few weeks ago, the State Department has now confirmed the death and said it won’t reveal any other details about the case….
YouTuber Ben Phillips has shared details of a frightening robbery that took place at a luxury villa in Cannes, France. The Welsh content creator said he was threatened by armed robbers who broke into the property while he was alone. According to Phillips, the group stole luxury watches, jewelry, luggage, and other expensive items worth…
