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UPI DOMINANCE
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.- A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Amazon Music widens India play beyond Prime amid audio streaming shakeoutIn an exciting development, Amazon Music is set to unveil a new strategic initiative in India, offering a trio of subscription options: fre...
- UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
- UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...
- India and the new economics of constraintIndia is attempting to rise in a world shaped increasingly by AI, fractured supply chains, geopolitical rivalry, slowing globalisation, and...
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- India-Nordic Summit signals New Delhi's emergence as 'co-author of global governance': AnalysisWhen Denmark's Prime Minister Mette Frederiksen described India in Oslo as "not a middle power, but one of the world's greatest powers," it...
- UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versa...
- Credit card transactions jump 2.6 times in four years: RBI reportCredit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Deb...
- Nearly half of India’s online orders are still COD. Why cash on delivery isn’t fading in the UPI eraCash on delivery continues to drive India's online shopping. Many first-time buyers, especially in smaller towns, prefer to pay after recei...
- Chanel for Chandigarh, Mango for Mangaluru: India’s luxury map shifts beyond metrosIndia's retail landscape is shifting as smaller Tier-2 cities are now attracting global brands and premium malls, outperforming larger metr...
- Zerodha's Nikhil Kamath suggests exploring gold-based stablecoins for IndiaZerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for India and proposed exploring a gold-...
- India's knowledge repository 'systematically destroyed' by invaders: NITI Aayog memberIndia's ancient scientific knowledge was lost due to foreign invasions. NITI Aayog member Gobardhan Das highlighted this at Delhi Universit...
- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- India’s credit card market expands to 119 million, PSU banks gain in spendsIndia's credit card market has surpassed 119 million cards. HDFC Bank, SBI Cards, ICICI Bank, and Axis Bank dominate this sector. HDFC Bank...
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