American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a “payment system operator” under the Prevention of Money Laundering Act (PMLA) and has to thus comply with “reporting obligations” ...

Amazon, earlier this week, made an announcement to allow customers to exchange their Rs. 2,000 notes. The statement came after the Reserve Bank of India on May 19 decided to withdraw all the Rs. 2,000 currency notes from circulation under ...