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CASHLESS TRANSACTIONS IN INDIA
India’s unincorporated businesses rise to 9.2 crores in Q4FY26India's small businesses are booming. The number of unincorporated establishments grew by 16.7% to 9.2 crore in the January-March quarter. ...- Unincorporated establishments surge to over 9 cr; jobs hit 15-cr mark: Govt surveyIndia's unincorporated non-agricultural sector shows remarkable growth. Over 9 crore establishments now operate, employing more than 15 cro...
- Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in AirtelBharti Airtel's board approved a ₹28,220 crore share-swap deal with ICIL, a Mittal family entity, to increase its stake in Airtel Africa to...
- 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...
- 8th Pay Commission for postal employees: Rs 1.12 lakh basic pay proposed for postman; what postal employee body wants from 8th CPCFederation of National Postal Organisations's (FNPO) memorandum included issues related to postal assistants, sorting assistants, postmen, ...
- From Indian temples and bazaars to taxis: German traveller amazed by India’s ‘ting ting’ payment system, calls it pure magicA German tourist was impressed by India's seamless digital payment system, where QR codes enable quick, cashless transactions for everythin...
- Most of India is still ATMnirbharHigher ATM interchange fees have been introduced by RBI to slow the decline in the number of ATMs and improve their profitability. This pol...
- Digital economy: Parliamentary panel suggests govt to form law on data privacyParliamentary Standing Committee on Finance also suggests to create a coordinating authority, reporting directly to the PMO to deal with is...
- This Gujarat town now 90% digital as PM Narendra Modi has envisionedShops and existing business entities at the town are equipped with PoS machines, major online wallet options and interface apps like UPI an...
- Just 1% Indians pay Income Tax: NITI Aayog CEOAmitabh Kant said India cannot afford as high as 95 per cent of its economy making cash transactions.
- If not cashless let's become less-cash society: Rajnath SinghSingh said the e-payments and various other modes of cashless transactions will lead to a corruption-free society.
- Demonetisation: Gems & Jewellery Federation urges jewellers to go cashlessAll India Gems & Jewellery Trade Federation urges gems & jewellery industry to go cashless in sync with PM's vision of Digital India and al...
- PM Narendra Modi asks ministries, departments to go cashlessOfficials have been asked to send status report about their respective ministries and departments to PMO. A follow-up Cabinet meet too coul...
- ITPO taking steps to facilitate cashless transactions at IITFPaytm and Freecharge are also making arrangements to facilitate cashless transactions at the fair through digital wallets, it added.
- Curbing black money: Government plans to promote cashless economyThe government is looking at a slew of measures to promote cashless economy, including creating an ecosystem to incentivise cashless transa...
- Kotak Mahindra Bank’s acquisition of 19.9% stake in Airtel M Commerce to drive expansionPayments banks are expected to offer last-mile connectivity and the new venture with Airtel will help Kotak ride on the telecom company’s v...
- Tourists from China, Japan may get to use ATMs hereReserve Bank of India-promoted NPCI, which offers payment services in the local market, is also launching its international debit card next...
- National Payments Corp of India gets RBI nod to tie-up with China UnionPayThe Reserve Bank promoted NPCI which so for offers payment services in the local market is launching its international debit card in June t...
- RBI discussion paper on cashless economy shortly: PadmanabhanPadmanabhan said we need to look at solutions which will take into consideration the local conditions and make cashless transactions easy.
- Only 3.6% households go in for cashless dealings: ReportThe report cited poor acceptance of cards by sellers and lack of awareness about cashless systems/options as the two main reasons for such ...
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