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Khatima (Uttarakhand) [India], April 9 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated the CSD Canteen and Soldiers' Welfare Centre in Khatima, Udham Singh Nagar District, on Thursday. "In Khatima, Udham Singh Nagar, on the death anniversary of the revered father Late Shri Sher Singh Dhami Ji, the families of those brave warriors who sacrificed everything in service to Mother India, along with 60 valiant women and 80 brave soldiers, were honored at the 'Soldiers' Salute Ceremo ...Read More >
New Delhi [India], April 9 (ANI): Union Minister of Communications, Jyotiraditya M Scindia, stated that India will have more than a billion users of 5G by the year 2030. Speaking at AIMA's 11th National Leadership Conclave, the Minister highlighted that India became the second-largest mobile phone producer globally. "India had the fastest 5G rollout in the world. 500,000 towers, ₹450,000 crore worth of capex. In a short period of four years, 400 million consumers. And our 5G consumers will go ...Read More >
New Delhi [India], April 9 (ANI): Union Minister of Communications, Jyotiraditya M Scindia, stated that India will have more than a billion users of 5G by the year 2030. Speaking at AIMA's 11th National Leadership Conclave, the Minister highlighted that India became the second-largest mobile phone producer globally. "India had the fastest 5G rollout in the world. 500,000 towers, Rs 450,000 crore worth of capex. In a short period of four years, 400 million consumers. And our 5G consumers will go ...Read More >
NEW DELHI: Delhi Police have busted multiple inter-state cyber and financial fraud syndicates, including a racket that duped an NRI in a fake air ticket booking scam, as part of a major crackdown under Operation Cy-Hawk-04 in the South-West district.The large-scale operation, led by the Cyber Police Station with support from district units, resulted in the arrest of 113 accused across 57 cases. Investigators linked 303 complaints registered on the National Cybercrime Reporting Portal (NCRP) to m ...Read More >
New Delhi [India], April 9 (ANI): Union Minister of Communications, Jyotiraditya M Scindia, stated that India will have more than a billion users of 5G by the year 2030. Speaking at AIMA's 11th National Leadership Conclave, the Minister highlighted that India became the second-largest mobile phone producer globally. "India had the fastest 5G rollout in the world. 500,000 towers, ₹450,000 crore worth of capex. In a short period of four years, 400 million consumers. And our 5G consumers will go f ...Read More >
New Delhi [India], April 9 (ANI): Union Minister of Communications, Jyotiraditya M Scindia, stated that India will have more than a billion users of 5G by the year 2030. Speaking at AIMA's 11th National Leadership Conclave, the Minister highlighted that India became the second-largest mobile phone producer globally. "India had the fastest 5G rollout in the world. 500,000 towers, Rs 450,000 crore worth of capex. In a short period of four years, 400 million consumers. And our 5G consumers will go ...Read More >
MUMBAI : the world's digital infrastructure company®, today announced the opening of its fourth International Business Exchange™ (IBX®) data center in Mumbai, MB3. As one of the largest retail data centers in Mumbai, MB3 is designed to support high-performance workloads and hybrid multicloud deployments with liquid cooling capability for enterprises across India. The launch comes at a time when AI adoption, cloud migration, data localization requirements, and the rapid expansion of digital servi ...Read More >
Kolkata, Apr 8 (PTI) The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that the Indian Rupee is expected to stabilise around the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. He also said that India must sustain 7-8 per cent growth and reforms to achieve developed nation status by 2047, ...Read More >
India is set to receive its first Iranian crude oil shipment in seven years after temporary US sanctions relief, a report has claimed. India is poised to receive its first shipment of crude oil from Iran in seven years after the United States temporarily lifted sanctions on Iranian oil and refined products to address supply shortages, according to a Reuters report citing ship tracking data from LSEG and Kpler. State-run Indian Oil Corp (IOC), the country's largest refiner, has purchased the ca ...Read More >
New Delhi: For salaried individuals, withdrawing PF funds is set to become significantly easier -- a development that has generated considerable excitement among employees. This new facility will be introduced alongside major changes within the EPFO 3.0 framework. Employees will soon be able to withdraw their PF funds via ATMs and UPI, eliminating the need for any hassle or inconvenience. Currently, even after filing a PF claim, it often takes more than a week for it to be approved; however, th ...Read More >
From IPL bets to election seat projections to strip games -- the banned Mahadev app is back, and its menu has never been wider. Remember the Mahadev Betting App -- the illegal gambling platform that triggered a Rs 6,000 crore money laundering probe, got a former Chief Minister questioned, and was shut down after a massive crackdown? It's back. Just with a slightly different spelling. As The Times of India reported based on an investigation, the app has resurfaced as 'Mahaadev' -- just in time ...Read More >
New Delhi [India], April 7 (ANI): India's digital payment infrastructure has entered a phase of deep structural maturity, with the Unified Payments Interface (UPI) now firmly at the core of the country's retail payments architecture, according to a new report by CareEdge. The report noted, "digital payments now account for 93 per cent of payment value and 99.8 per cent of transaction volume as of 9MFY26." Also Read | Bhavna Bhargava Honey Trap Case: Ex-Serviceman Lured, Threatened With False R ...Read More >
India's Unified Payments Interface (UPI) is revolutionizing the country's payment infrastructure by dominating low-value transactions and expanding internationally. With digital payments now making up 99.8% of transaction volume, UPI is becoming the default rail for retail payments, overshadowing traditional methods like debit cards and prepaid instruments. India's digital payment landscape has reached a pivotal stage of structural advancement, with the Unified Payments Interface (UPI) now serv ...Read More >
New Delhi [India], April 7 (ANI): India's digital payment infrastructure has entered a phase of deep structural maturity, with the Unified Payments Interface (UPI) now firmly at the core of the country's retail payments architecture, according to a new report by CareEdge. The report noted, "digital payments now account for 93 per cent of payment value and 99.8 per cent of transaction volume as of 9MFY26." As per the report, traditional payment instruments such as debit cards and prepaid instru ...Read More >
New Delhi, April 6: Digital payments platform PhonePe on Monday announced a limited-period offer on its newly launched co-branded credit card with State Bank of India. The PhonePe SBI Card is being offered with zero joining fee for the first year, allowing customers to access its benefits without any upfront cost. "Users can enjoy the premium benefits of the card at no cost for the first year," the fintech platform said. The card, available on both RuPay and Visa platforms, is tailored for digi ...Read More >
New Delhi, April 5: The Delhi Police has busted an organised racket involved in the illegal diversion and sale of government-supplied medicines meant for free distribution in public hospitals, officials said on Sunday. The Crime Branch arrested five persons in connection with the case and recovered medicines worth around Rs 70 lakh, along with two vehicles used for transportation. According to police, the operation was carried out by the NR-II team of the Crime Branch under the supervision of AC ...Read More >
Indore (Madhya Pradesh): A series of cyber fraud incidents have been reported across Indore, with fraudsters duping victims of large sums through online scams, impersonation and hacking techniques from June 2024 to March 2026. Following orders from Commissioner of Police Santosh Kumar Singh, Indore police registered nearly two dozen FIRs on Friday and initiated investigations. A businessman was duped of Rs 5.41 lakh while attempting to purchase an Rs 899 body massager online. After his initial ...Read More >
MUMBAI: A structural shift is reshaping India's microfinance sector, with regulated lenders displacing informal sources as borrowing from moneylenders fell to 1% in 2024-25 from 46% in 2011, according to a survey by Microfinance Industry Network and National Council of Applied Economic Research.The survey, which covered 10,342 borrowers across 10 states, shows a maturing market where formal credit has become the primary source of finance for rural and semi-urban households. According to the repo ...Read More >
The RBI bank holiday calendar will be followed by all public and private sector banks, including SBI, PNB, BOI, HDFC, ICICI, Axis Bank and others. Check out the full list of bank holidays this week: I. March 30: The banks will observe a holiday due to Mahavir Jayanti in Karnataka. II. March 31: Banks in Ahmedabad, Maharashtra, Madhya Pradesh, Tamil Nadu, Rajasthan, Uttar Pradesh, West Bengal, New Delhi, Bihar, and Jharkhand will observe a holiday due to Mahavir Janmakalyanak/Mahavir Jayanti. ...Read More >
India's Unified Payments Interface (UPI) has achieved a new milestone with record transaction volumes, solidifying its position as a leading digital payment system and expanding its global footprint. Key PointsUPI transactions in India hit a record 22.64 billion in March, showcasing the rapid adoption of digital payments.The volume of UPI transactions increased by 24% compared to the previous year, highlighting significant growth in usage.UPI now accounts for 85% of all digital transactions in ...Read More >
UPI hit a record 22.64 billion transactions in March 2026 worth 29.53 lakh crore rupees, driven by wider digital adoption, with security a key focus for regulators and firms India's real-time payments infrastructure recorded its highest-ever monthly activity in March 2026, underscoring the rapid expansion of digital transactions across the country. India's Unified Payments Interface (UPI), operated by the National Payments Corporation of India, processed 22.64 billion transactions during the m ...Read More >
New Delhi, Apr 2 (PTI) Transaction through the Unified Payments Interface (UPI) touched a record high of 22.64 billion in volume terms in March. "UPI achieves 22.64 Bn transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward. Let's continue the journey of transforming the way we transact!," Department of Financial Services said in a post on X. In volume terms, 22.64 billion transactions were carried during the month as compared to 18.3 ...Read More >
India's Unified Payments Interface (UPI) has achieved a new milestone with a record number of transactions in March, demonstrating its growing dominance in the digital payments landscape and expanding global reach. Key PointsUPI transactions in India hit a record 22.64 billion in March, showcasing the rapid adoption of digital payments.UPI combines ease of use with strong security measures, including two-factor authentication, making it a preferred payment method.UPI accounts for 85% of all dig ...Read More >
New Delhi: Unified Payments Interface (UPI) recorded 22.64 billion transactions in March 2026, reflecting continued growth in digital payments across the country, the Department of Financial Services (DFS) said on Wednesday. In a post on X, the department said, "UPI achieves 22.64 Bn transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward." Also Read: India's economy puts up brave front as GST, auto sales and UPI payments surge despit ...Read More >
New Delhi [India], April 2 (ANI): Unified Payments Interface (UPI) recorded 22.64 billion transactions in March 2026, reflecting continued growth in digital payments across the country, the Department of Financial Services (DFS) said on Wednesday. In a post on X, the department said, "UPI achieves 22.64 Bn transaction count in March'26! Thank you, India, for embracing digital payments and driving this revolution forward." The department also encouraged users to continue supporting the growth o ...Read More >
New Delhi, Apr 1 (PTI) Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed preliminary papers with markets regulator Sebi through the confidential route to float an initial public offering (IPO). The company has opted for the confidential pre-filing route, which allows it to engage with the Securities and Exchange Board of India (Sebi) for initial feedback on its draft document without it being publicly disclosed. Companies increasingly prefer this route because it offers more flexi ...Read More >
New Delhi: The US has listed India's preference for use of domestic satellites for direct-to-home (DTH) television services, the inability of American electronic payment services suppliers to participate in the UPI ecosystem, localised shutdown of internet and data localisation requirements as barriers to foreign trade. In its 2026 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) also cited high tariffs, particularly on agriculture products, surcharge ...Read More >
New Delhi: In line with Central government orders, 19 toll plazas on Hyderabad's Outer Ring Road (ORR) will now accept payments through QR codes to reduce reliance on cash transactions. In a major step towards modernising highway travel, NHAI is implementing a complete ban on cash payments at toll plazas across the country. From April 1, commuters will have to pay toll charges only through digital modes such as FASTag or UPI. The move is aimed at improving efficiency and bringing more transpar ...Read More >
MUMBAI: UPI services saw widespread disruption on Wednesday, with several users reporting failed transactions and server errors, especially among customers of State Bank of India (SBI) and UCO Bank. Many users flagged the issue on X as it continued through the morning. Data from outage monitoring site Down detector showed a sharp spike in complaints, suggesting a widespread technical issue. Among the banks affected, SBI faced the brunt, with over 500 outage reports, while UCO Bank recorded arou ...Read More >
MUMBAI: Starting this month, the Reserve Bank of India (RBI) has introduced stricter rules for digital payments like UPI, cards, mobile wallets to reduce fraud. Till now, you could complete a transaction using just one time password i.e OTP but now you will need an additional step like entering a PIN or password or using fingerprint or face scan. The new system will also use something called risk-based checks. This means not every transaction will be treated the same way. According to Shams Ta ...Read More >
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