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Detailed stories on technology startups, business and economic current affairs.
When issuing an entirely new category of licences, the central bank acts as a competition regulator as well as a payments regulator.

Welcome to the first edition of the Fintech Weekly from The Morning Context. My name is Advait, and I’ll be writing this newsletter with my colleague Ashwin.
I fundamentally believe that regulators are not just rule makers, but watchdogs and enforcers of those rules. They have biases, are often conflicted and have the power to pick winners and losers among businesses. In many cases, they can be more disruptive than the private sector firms they watch over.
But one inherent aspect of regulators, which is largely not understood, is their power to create markets. Towards that end, the Reserve Bank …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.