The Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments, and UPI are now under E-mandate rules. Customers can opt-out of transactions or mandates. Limits are set for recurring payments. Pre-transaction notifications are mandatory for most debits. These rules aim to protect customers and ensure secure electronic transactions across borders.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of
October 2, 2026