• Dec 31, 2024

India delays UPI payments market share cap in relief for Walmart-backed PhonePe, Google Pay

India on Tuesday delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart-backed PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30% share of the volume of transactions processed via India's popular unified payments interface (UPI). The mandate, which was to take effect from the end of 2024, will now kick in at the end of December 2026, according to a statement from the National Payments Corporation of India (NPCI), a quasi-regulator.

  • Dec 31, 2024

3 must-knows about employee stock options

Forms of compensation like r estricted stock units  and performance shares—whereby executives receive a batch of stock from their companies after meeting a performance target — have some key advantages relative to employee stock options. When employees receive stock option grants, they have the opportunity to exercise the options at some later date at a predetermined price, called the strike price or exercise price.

  • Dec 31, 2024

Pakistan Notches Best Stock Rally Since 2002 on Growth Momentum

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Migrant Crisis Pushed US Homelessness to Record High in 2024Pakistani stocks recorded their biggest annual gain in 22 years, outperforming nearly all markets worldwide as economic conditions improve and traders bet on more interest-rate cuts. The South Asian