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New Delhi [India], October 31 (ANI): Industry body India Fintech Foundation (IFF) has written to the Finance Ministry warning that more than 80% of Unified Payments Interface (UPI) transaction volumes are currently handled by just two third-party app providers (TPAPs). The group has urged policy intervention to prevent systemic concentration and ensure fair competition within India's most critical digital payments channel. In its letter, IFF said the current structure poses "systemic concentrat ...Read More >
New Delhi: India and the European Union (EU) have conducted their first counter-terrorism exercise aimed at protecting critical infrastructure and soft targets from emerging threats from unmanned aerial systems (UASs) and for drawing up procedures for integrated counter-drone operations. The three-day training programme, which concluded on Wednesday, brought together senior officers, instructors and technical experts from India's National Security Guard (NSG) and the EU's High Risk Security Net ...Read More >
MARTOLI, India (AP) -- Dozens of dilapidated stone buildings are what is left of the once-thriving border village of Martoli, in the northern Indian state of Uttarakhand. Nestled in Johar Valley and surrounded by Himalayan peaks -- the most notable being Nanda Devi, once considered the tallest mountain in the world -- this village had traded sugar, lentils, spices and cloth for salt and wool with Tibetans across the border. The nomadic occupants of several villages spent the winter months in th ...Read More >
New Delhi [India], October 16 (ANI): The European Union (EU) and India organised a first-of-its-kind counterterrorism training from October 13 to 15 to protect critical infrastructure and soft targets against emerging threats from unmanned aerial systems (UAS) or drones, as they are commonly known, as per an official release. The release said the rapid proliferation of Unmanned Aerial Systems (UAS) and their misuse by state and non-state actors pose serious security challenges. Also Read | Ind ...Read More >
New Delhi [India], October 16 (ANI): The European Union (EU) and India organised a first-of-its-kind counterterrorism training from October 13 to 15 to protect critical infrastructure and soft targets against emerging threats from unmanned aerial systems (UAS) or drones, as they are commonly known, as per an official release. The release said the rapid proliferation of Unmanned Aerial Systems (UAS) and their misuse by state and non-state actors pose serious security challenges. Commercial dron ...Read More >
New Delhi [India], October 16 (ANI): The European Union (EU) and India organised a first-of-its-kind counterterrorism training from October 13 to 15 to protect critical infrastructure and soft targets against emerging threats from unmanned aerial systems (UAS) or drones, as they are commonly known, as per an official release. The release said the rapid proliferation of Unmanned Aerial Systems (UAS) and their misuse by state and non-state actors pose serious security challenges. Commercial dron ...Read More >
Mumbai, Oct 6 (PTI) Vartis Platforms, the parent entity of LenDenClub and InstaMoney, targets a Rs 1,000 crore revenue and global expansion over the next two years, a top official said on Monday. Vartis Platforms has officially been announced as the unified brand for LenDenClub, an RBI-licensed P2P lending platform; InstaMoney, a leading loan service provider, and Vartis One, the group's technology services arm. The group aims to achieve Rs 1,000 crore in consolidated revenue by FY28, building ...Read More >
New Delhi, October 1: The Unified Payments Interface (UPI) saw 31 per cent transaction count growth (year-on-year) at 19.63 billion in the month of September -- with 21 per cent growth in transaction amount at Rs 24.90 lakh crore, the National Payments Corporation of India (NPCI) data showed on Wednesday. Month-wise too, UPI witnessed a growth in transaction amount, from Rs 24.85 lakh crore in August. Average daily transaction amount in September stood at Rs 82,991 crore, a rise from Rs 80,177 ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) The Unified Payments Interface (UPI) saw 31 per cent transaction count growth (year-on-year) at 19.63 billion in the month of September -- with 21 per cent growth in transaction amount at Rs 24.90 lakh crore, the National Payments Corporation of India (NPCI) data showed on Wednesday. Month-wise too, UPI witnessed a growth in transaction amount, from Rs 24.85 lakh crore in August. Average daily transaction amount in September stood at Rs 82,991 crore, a rise fr ...Read More >
Mumbai, September 15: The National Payments Corporation of India (NPCI) has raised the Unified Payments Interface (UPI) transaction limits for person-to-merchant (P2M) payments to up to Rs 10 lakh in 24 hours for specified categories, effective from Monday. The move seeks to facilitate larger payments in key sectors and enhance digital adoption in high-value segments. The NPCI maintained the person-to-person (P2P) limit at Rs 1 lakh per day. Earlier users often encountered restrictions, forcing ...Read More >
The National Payments Corporation of India (NPCI) has introduced significant changes to the transaction limits for UPI payments, set to come into effect from Monday, 15th September 2025. These changes are expected to benefit not only everyday users but also merchants and businesses that rely heavily on UPI for their transactions. As per the new rules, the transaction limit for certain specific categories, such as insurance premiums, capital markets, and credit card bill payments, will be increa ...Read More >
New Delhi, August 14: The National Payments Corporation of India (NPCI) has directed banks and payment apps to stop all peer-to-peer "collect requests." Starting from October 1, 2025, a widely UPI feature will no longer be available. The decision comes as authorities aim to improve transaction security and curb fraud. Many users have fallen victim to fake payment requests, where scammers trick people into sending money unknowingly. The decision is expected to change how people handle everyday U ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On Monday, ALT5 Sigma, a fintech company specializing in blockchain infrastructure, unveiled plans to establish a crypto treasury focusing on the World Liberty Financial (WLFI) project -- a venture backed by the Trump family. The announcement, however, was met with a swift and negative reaction from investors, resulting in a significant drop in the company's stock price. ALT5 Si ...Read More >
India's Unified Payments Interface (UPI), once a bold experiment in digital public infrastructure (DPI), is now emerging as a global payments powerhouse. In a landmark move, Prime Minister Narendra Modi launched UPI in Trinidad and Tobago, signaling India's growing ambition to expand its fintech footprint across the Global South and beyond. This marks a defining moment in UPI's international journey, as it accelerates toward becoming a competitor to traditional global payment giants. With trans ...Read More >
India pays digitally: 2025 marks the third year of the 'Har payment digital' initiative by Reserve Bank of India (RBI). Indeed, it is huge leap: India crossed 20 billion payments (approximating ₹250 trillion) through digital modes (Sanjay Malhotra, Governor, Reserve Bank of India, Mumbai, March 10, 2025). However, while there is no denying the convenience and time-saving brought in by the quantum leap in digital payments, do digital payments actually contribute to GDP growth? Are payments leadi ...Read More >
New Delhi, Jun 6 (PTI) PhonePe on Friday said it has acquired the IP of GSPay -- a proprietary technology stack from conversational engagement platform Gupshup -- to enable UPI-based payments on new feature phones. The company in a statement said it plans to customise the stack and launch its own UPI payment app for new feature phones in India in the next few quarters. The new app will offer essential UPI features such as peer-to-peer transfers, offline QR payments, and receiving money via mob ...Read More >
New Delhi, Jun 6 (PTI) PhonePe on Friday said it has acquired the IP of GSPay -- a proprietary technology stack from conversational engagement platform Gupshup -- to enable UPI-based payments on new feature phones. The company in a statement said it plans to customise the stack and launch its own UPI payment app for new feature phones in India in the next few quarters. Also Read | How To Activate Your UAN Online? Step-by-Step Guide As EPFO Extends Activation Deadline to June 30, 2025. The new ...Read More >
Hyderabad: Launched on June 1, 2017, T-Wallet holds the distinction of being India's first State-managed digital wallet. Introduced by the Telangana government, the platform was designed to facilitate smooth digital transactions for both government and private payments, transforming how citizens interact with digital financial services. Since its inception during the 2016 demonetization period, T-Wallet has registered 16 lakh users and processed over four crore transactions in its eight-year jo ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest a ...Read More >
New Delhi [India], May 29: Cryptocurrency markets are shifting rapidly. Layer-1 blockchains and tokenization ecosystems are gaining traction while legacy coins face scalability bottlenecks. Capital inflow into presale projects and high-utility protocols is spiking as backers shift focus to projects offering real-world integration, security, and cross-chain utility. With AI, tokenized assets, and institutional interest converging, savvy participants are eyeing emerging projects with transformativ ...Read More >
Imagine a fixed-income investment advisor who tried out crypto assets and then got converted. That's what happened with New Delhi-based Shiv Pande, who worked closely with pension and provident funds and became curious about the stupendous rise of crypto assets in 2021. He spent a year researching it and invested in it for the first time in July 2022. "I started my research purely from the knowledge perspective so that I don't appear clueless when my clients talk to me about it. I felt I should ...Read More >
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