UPI is getting ready for AI agents | How pure is your silver? | The Daily Brief #547

Start your investing journey for free! Open a zero-brokerage Demat and trading account with Zerodha to invest in Stocks, Mutual Funds, ETFs, and Bonds: https://zerodha.com/open-account/?c=Z... In today's episode of The Daily Brief, we cover a story and a chart for the day shaping Indian and global markets: 1. When AI Starts Spending Your Money AI agents are moving beyond answering questions and searching for products—they could soon shop and make payments on your behalf. India’s UPI ecosystem is exploring ways to give AI agents limited payment authority through tools such as UPI Circle and Reserve Pay, while NPCI is reportedly working on a common Unified Agent Protocol (UAP). The bigger challenge, however, may not be making the payment—it may be ensuring that AI makes the right decision. We’ll cover: ●How AI agents could make purchases and payments for you ●How UPI Circle, Reserve Pay and the proposed UAP could enable agentic payments ●The risks around AI mistakes, fraud, consent and who bears the loss 2. How Pure Is Your Silver? Silver jewellery marked “925” may soon come with stronger proof of purity as India prepares to make silver hallmarking mandatory. BIS has already introduced a six-character HUID for voluntarily hallmarked silver, allowing buyers to verify details such as purity and the jeweller through the BIS CARE app. But expanding mandatory hallmarking across India could be difficult because of costs, infrastructure gaps and the fragmented silver market. We’ll cover: ●What the 925 silver mark and BIS hallmark actually mean ●How HUID makes silver jewellery more traceable ●Why making silver hallmarking mandatory could be difficult for smaller jewellers Timestamps 00:00 Intro 00:32 Can AI pay for you? 13:08 Silver gets a purity check 20:34 Tidbits Subtext by Zerodha is a weekly podcast featuring thoughtful conversations with traders, fund managers, economists, regulators, founders and VCs shaping finance and capital markets. We go beyond the headlines to explore the ideas, incentives and forces beneath them—covering investing, trading, macro, regulation and policy, with a focus on India and beyond. 📬 Subscribe to The Daily Brief newsletter: https://substack.com/@zerodhaonline 🎧 Listen on: Spotify — https://open.spotify.com/show/2SJiLdv... Apple Podcasts — https://podcasts.apple.com/in/podcast... Some images may have been created using AI. No copyright infringement intended. This content is for informational purposes only. Nothing mentioned constitutes a recommendation or endorsement.