The Reserve Bank of India has announced new guidelines for digital payment security. Two-factor authentication will become mandatory for all transactions. Banks can now use biometrics and other methods for verification. Small-value transactions are exempt from strict authentication. These rules aim to boost security and will be effective from April 1, 2026.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.
July 1, 2026