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Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
UPI transactions volume rises 52% to 78.97 billion in Jan-Jun: Report
This growth in volume was matched by an increase in transaction value, which climbed from Rs 12.98 …
PTI
SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it
Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
UPI transactions worth ₹18.2 lakh crore made in February 2024
Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…
ANI
White Iris Investment divests 4.5% stake in Apollo Tyres worth Rs 1,281 cr
Edelweiss Mutual Fund (MF), UTI MF, ICICI Prudential MF, Nippon India MF, Invesco MF, Societe G…
PTI
Walmart's average customer is a suburban baby boomer who spent $3,578 there last year
Walmart's typical customer is a white woman who earns less than $80,000 a year, shops at least once…
Dominick Reuter
Indians spent big on festive season sales, UPI transaction up 40% in Oct: Report
Consumer spending in India is soaring during the festive season, with people splurging on cars, sma…
LIC sells over 2% stake in Sun Pharma for Rs 4,699 crore
"Corporation's shareholding in Sun Pharma has diluted from 12,05,24,944 to 7,22,68,890 equity s…
PTI
India’s deal activity in the slow lane in 2023 both in value & volume
India’s deal making activity saw a surge in November — both in terms of value and volume. With only…
Cash remains king in India, co-exists alongside digital modes of payment
In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…
Does anyone care about crypto? Consumer transaction volume on Coinbase is down 70% from last year.
Coinbase reported transaction volume is way down on the crypto exchange following a prolonged Crypt…
Will Gendron
From most credible UPI success rate to no PIN for small value payments – here’s why users believe Paytm is India’s fintech pioneer
India’s digital payments and QR code pioneer Paytm is known for enabling quick and convenient UPI p…
With transactions worth ₹126 lakh crore, UPI rules digital payments in 2022: Worldline report
Indians are increasingly choosing to pay digitally with transactions via debit, credit, prepaid car…
Paytm may see profitability in March, two quarters ahead of expectation; Goldman Sachs raises target price
Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of the estimates…