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UPI HITS RECORD
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...- Parle Melody: The ₹1 soft power twist Modi served to Meloni and the worldPrime Minister Modi's gift of a Parle Melody toffee to Italy's Giorgia Meloni symbolised India's evolving soft power. Beyond traditional ex...
- 'Track imports, manufacture in India': Piyush Goyal pushes swadeshi productionIndian businesses are encouraged to monitor imports and identify opportunities for local manufacturing. This push for self-reliance aims to...
- Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
- 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...
- India's economy puts up brave front as GST, auto sales and UPI payments surge despite Gulf warIndia's economy shows remarkable resilience, with strong March figures in GST collections, vehicle sales, and digital payments, defying dis...
- UPI’s Bharat push; Udaan preps reverse flipHappy Wednesday! NPCI is turning its attention to smaller states and the northeast, hoping to spark the next wave of UPI growth. This and m...
- UPI transactions touch 20.7 billion in October, NPCI data revealsIn value terms, this was a rise of 9.5% to Rs 27.28 lakh crore from Rs 24.9 lakh crore in September. YoY transaction count grew 25%, while ...
- UPI hits record Rs 94,000 crore in daily transactions this OctoberUPI daily transactions reached a record Rs 94,000 crore in October, up 13% from September, driven by festive spending and lower GST rates. ...
- UPI gains global ground as transactions surge and new partnerships emergeUnified Payments Interface (UPI), India's flagship digital payments system, continues to reshape the country's digital economy while also e...
- Govt prioritising lower denomination notes and digital transactions: SitharamanUnion Finance Minister Nirmala Sitharaman emphasized the government's focus on promoting lower denomination currency and increasing digital...
- Fintech firm Pop hits monthly run rate of 1 million UPI transactions in two monthsPop has reached more than 1.5 million transactions since its launch. The app's UPI rewards, via Popcoins, are merchant-funded and can be re...
- UPI crosses 10 billion transactions for the first time in August"Drumroll please! UPI has just shattered records with an astonishing 10 billion plus transactions. Join us in celebrating this incredible m...
- UPI transactions hit record 657 crore in August"With NPCI planning to take UPI to overseas markets, this number is only expected to grow exponentially, as UPI will then become a home-gro...
- UPI transactions scale new peak in December 2021The volume and value of monthly UPI transactions nearly doubled from January to December 2021. NPCI now expects the UPI platform to hit 100...
- PhonePe logs $388 billion in annual TPV run rate, crosses 1 bn UPI transactions in MarchThe company, which competes with players like Paytm and Google Pay in the Indian digital payments market, said it has crossed the one-billi...
- Cash still king, average withdrawal from ATM hits record high of Rs 5,000While cash withdrawals have rose around 10% since last November, UPI payments have shot up by close to 20% during the period to an average ...
- Surging UPI failure rates worry banksTen of the top 30 banks using the country's UPI network record failure rates of over 3% in September. Nine of these banks were state-owned.
- UPI to get an upgrade this week. Here are some of the new features you can expectThe second version of UPI is likely to include new features like doubling of the transaction limit to Rs 2 lakh and buyer-to-merchant payme...
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