Paytm to Resume Physical Gold Deliveries Ahead of Akshaya Tritiya
Digital payments major Paytm is preparing to restart physical gold deliveries for its digital gold investors starting mid-April, just ahead of Akshaya Tritiya—one of the most auspicious occasions for buying gold in India. The company had temporarily paused physical redemption in August last year to upgrade its infrastructure and logistics capabilities. With the revamp nearly complete, Paytm now plans to enable deliveries across more than 12,000 PIN codes nationwide. The move is expected to strengthen trust in digital gold investing by giving users a seamless option to convert their holdings into physical gold coins or bars, especially during peak festive demand.
Razorpay Launches AI-Powered Agent Studio to Automate Payments
Indian fintech major Razorpay has introduced Agent Studio, an artificial intelligence-powered platform designed to help businesses automate payment operations and financial workflows. The platform was unveiled at the company’s flagship event FTX 2026 on March 12 and reflects Razorpay’s ambition to expand beyond core payment processing. Built using the Claude Agent SDK from Anthropic, Agent Studio enables companies to deploy specialised AI agents that can handle tasks such as subscription management, recovering failed transactions, and responding to disputes. By automating routine commerce operations, Razorpay aims to help businesses reduce operational friction while improving efficiency in digital payment ecosystems.
Shantanu Narayen Prepares to Step Down After Transforming Adobe
When Shantanu Narayen became CEO of Adobe in December 2007, the company was already a household name among creative professionals. Flagship tools like Adobe Photoshop and Adobe Illustrator were essential for designers, photographers, and publishers. Nearly two decades later, Narayen is preparing to step down once a successor is appointed, bringing an era of transformative leadership to a close. During his 18-year tenure, he steered Adobe away from boxed software products and toward a cloud-first subscription model. Today, the company powers creative, marketing, and document workflows for millions of creators and enterprises worldwide.
Government Ban Disrupts Fantasy Gaming, Hits Dream Sports Hard
India’s online gaming industry has undergone a dramatic shift since the government introduced a ban on real-money online games in August 2025. One of the biggest casualties has been Dream Sports, the parent company of the fantasy sports platform Dream11. According to company leadership, the regulatory move wiped out nearly 95 percent of its revenue and all of its profits, fundamentally disrupting its core business model. In response, the company launched a sweeping restructuring plan, splitting the organisation into multiple smaller units designed to operate like independent startups as it explores new growth opportunities beyond real-money gaming.
CRED Secures RBI Nod to Operate as Payment Aggregator
Bengaluru-based fintech platform CRED has received final authorisation from the Reserve Bank of India to operate as a payment aggregator, marking a key regulatory milestone for the company. The licence enables CRED to directly facilitate digital payments between merchants and customers on its platform. As a payment aggregator, the company can onboard merchants, process payments through multiple instruments such as cards and UPI, and manage settlements and refunds. The approval strengthens CRED’s position in India’s rapidly expanding digital payments ecosystem and opens the door for the company to deepen its financial services offerings.
Donald Trump Announces $300B Refinery Project Backed by Reliance Industries
Former US President Donald Trump has announced a massive $300 billion investment to build a new oil refinery in the United States, describing it as a historic development for the country’s energy sector. The project will be located at the Port of Brownsville and is expected to become the first new oil refinery built in the US in nearly 50 years. The initiative will be backed by India’s energy giant Reliance Industries. Trump revealed the announcement on Truth Social, calling it the largest deal of its kind and a significant step toward restoring what he described as “American energy dominance.”
