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DIGITAL ECOSYSTEM IN RURAL INDIA
Village phones are changing as India's hinterland seeks something moreRural India's telecom landscape has shifted from voice to data consumption. Wireless connections now dominate, replacing traditional wireli...- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
- RBI backs MDR on large-value UPI transactions, says could help expand UPI acceptanceThe Reserve Bank of India supports Merchant Discount Rate on large UPI transactions. This move aims to ensure the long-term sustainability ...
- UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions up to Rs 2,000 will remain free for all users. A new Merchant Discount Rate (MDR) will apply to specified mer...
- Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underservedAt GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...
- No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
- Pension Sakhis to take retirement security cover to rural IndiaThe Department of Rural Development and PFRDA will create Pension Sakhis across rural India. These women will facilitate pension enrolment ...
- The next phase of India’s digital payments dominance: Trusted AI-led agentic commerce, Visa’s Sethi saysIndia’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, wher...
- AI can drive greater telecom network autonomy, but accountability remains crucial: TRAI ChairmanArtificial intelligence can enhance India's telecom network autonomy and efficiency. Increased automation must not compromise accountabilit...
- AI can drive greater telecom network autonomy, but accountability remains crucial: TRAI ChairmanAddressing CO.AI 2026 in New Delhi, Lahoti said AI should expand human potential, empower human choice and protect human dignity, stressing...
- As China slows, global FMCG and consumer giants from L'Oreal to Nestle bet big on IndiaIndia is becoming a key growth focus for global consumer companies. Rising incomes and expanding retail offer major untapped market potenti...
- GFF 2026: Visa, ONDC look to make India’s tourism offerings easier to discoverVisa and ONDC will collaborate to simplify tourism discovery for travelers across India. This partnership aims to connect visitors with loc...
- GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
- Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
- UPI still has 'lot of scope' to grow, rural and offline access key challenges: NPCI CTOUPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...
- India, Saudi Arabia deepen fintech ties with three-year pact for investment, startup expansionIn a strategic move, India and Saudi Arabia have agreed on a three-year deal aimed at invigorating their fintech sectors and startup ecosys...
- India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
- Empower India eyes major gains from AI computing boom via sustainable infra pushAnticipating a boom in the AI computing landscape, Empower India is taking strategic steps towards enhancing sustainable digital infrastruc...
- Bajaj Finance acquires 5% stake in TrueFan AI as part of Finserv IntelligenceBajaj Finance has completed a five percent equity investment in TrueFan AI, a move that aligns with Bajaj Finserv's commitment to fostering...
- Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s deathWhatfix, the innovative enterprise software startup, has announced the appointment of Vara Kumar as its new chief executive officer followi...
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