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Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey

Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …

PTI   


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Women are more likely to adopt digital financial services when introduced by local agents or women community influencers

Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…

ANI   


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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   


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UPI Lite wallet limit and transaction limits for feature phone users increased

The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…

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EPS Pensioners to get pension from any bank, any branch, anywhere in India from January 1, announces Mansukh Mandaviya

The CPPS is expected to benefit over 7.8 million EPS pensioners of EPFO. By leveraging advanced IT …

ANI   


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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

PTI   


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India to introduce UPI payment service in Maldives

"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…

PTI   


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Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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RBI imposes penalties on three housing finance companies for non-compliance with directions

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…

ANI   


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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   


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RBI directs card issuers to offer choice among card networks, bans restrictive agreements

According to a press release, the central bank prohibited card issuers from entering into agreement…

ANI   


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Reserve Bank asks NPCI to help continue operations of Paytm app

Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …

PTI   


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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank

​​China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…

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Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.

Voters opposed an Oregon ballot measure that would have given $1,600 annually to all state resident…

Allie Kelly   


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People being thrown in pressure cooker, different mindset is needed: Zoho CEO Sridhar Vembu on India’s work culture

Zoho CEO Sridhar Vembu urged companies to change how they treat employees to tackle workplace stres…

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India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

ANI   


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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   


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RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…