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Pine Labs’ Setu platform has launched an “agentic” bill-payment experience in India, aiming to automate bill tracking and settlement to reduce consumer friction. This new tool addresses concerns about incorrect charges and missed due dates by fetching bills, spotting anomalies, and managing payments within user-defined limits.
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Indian markets watched global cues as the S&P 500 closed lower. Investors braced for a hawkish stance from the US Federal Reserve even as a rate cut was expected. JPMorgan Chase’s forecast of higher expenses impacted the benchmark index. Meanwhile, Treasury yields rose, adding to market jitters ahead of the Fed’s policy update.
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Aditya Birla Renewables Limited (ABREN) secured up to ₹3,000 crore from Global Infrastructure Partners (GIP), now part of BlackRock. This significant investment values ABREN at approximately ₹14,600 crore and will fuel its expansion to over 10 GW of renewable energy capacity across India.
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