Tag: UPI

The QR code is the visual signature of Unified Payments Interface, or UPI, a platform that celebrated its tenth birthday on August 25th and which has revolutionised how money moves in India. (Unsplash)
Posted in Business

India’s payments system is ten. It must start paying for itself

IT SITS ATOP coconuts on Mumbai beach carts, alongside samosas in Delhi snack shops and among Navy Cuts at Kolkata cigarette stalls. It is displayed…

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Union Finance Minister Nirmala Sitharaman speaks in Rajya Sabha during the Monsoon session of Parliament in New Delhi. (Sansad TV)
Posted in Business

No transaction charge on UPI for users, small merchants: Nirmala Sitharaman

Indian customers will continue to use instant digital payments without paying any transaction charge, Union finance minister Nirmala Sitharaman assured the Parliament on Monday, saying…

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Posted in Economy

india: India-Nordic Summit signals New Delhi’s emergence as ‘co-author of global governance’: Analysis

New Delhi [India], May 21 (ANI): When Denmark’s Prime Minister Mette Frederiksen described India in Oslo as “not a middle power, but one of the…

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Posted in Startups

ETtech In-depth: Banned in India, but it’s business as usual for offshore real money gaming firms

Six months ago, when the government pulled the plug on real money gaming and online betting, the industry came to a standstill with several domestic…

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Posted in Economy

New EPFO app to allow members to withdraw EPF money through UPI

New Delhi: Subscribers of retirement fund body EPFO will be able to withdraw their employees’ provident fund (EPF) directly into their bank accounts through UPI…

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Posted in Economy

India’s UPI miracle has a money problem; can Budget 2026 fix it?

As Budget 2026 draws closer, Nirmala Sitharaman & Co faces a clear choice: fix the cracks in the UPI ecosystem now, or allow the momentum…

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Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 crore
Posted in Startups

Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 crore

SoftBank-backed fintech startup Juspay reported a net profit of Rs 62 crore in FY25, marking its first profitable year. The Bengaluru-based firm saw its net…

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Slice SFB reports 3x rise in FY25 net loss to Rs 216 crore
Posted in Startups

Slice SFB reports 3x rise in FY25 net loss to Rs 216 crore

Slice Small Finance Bank reported a net loss of Rs 216 crore for 2024-25. a 38% surge from Rs 152 crore in the previous financial…

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Slice SFB reports 38% jump in net loss to Rs 216 crore
Posted in Startups

Slice SFB reports 38% jump in net loss to Rs 216 crore

Slice Small Finance Bank reported a net loss of Rs 216 crore for 2024-25. a 38% surge from Rs 152 crore in the previous financial…

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Posted in Economy

India’s $10 trillion destiny will be decided by 4 Ds

As Indian economy powers ahead, a quiet but powerful transformation is taking shape. India now stands at a pivotal juncture, a point where today’s choices…

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