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New Delhi: A man was arrested from Krishna Nagar Saturday for allegedly stealing Rs 26 lakh from his father's bank account. He committed the crime out of resentment after the latter handed over the operations of their family parking business at Azadpur Mandi, which the son used to oversee, to his stepbrother, police said.The case came to light when the 68-year-old man visited the bank to update his passbook and found the money missing. He filed a complaint on National Cyber Crime Reporting Porta ...Read More >
The 2025 edition will focus on "Artificial Intelligence for Social Impact", reflecting India's determination to harness AI for inclusive growth and digital empowerment. The Ministry of Electronics and Information Technology (MeitY) hosted a Curtain Raiser event on October 23, 2025, to kick off preparations for the upcoming Emerging Science, Technology, and Innovation Conclave (ESTIC) 2025. The event sought to build momentum around India's growing leadership in artificial intelligence (AI), digi ...Read More >
New Delhi, October 24: The grand festival of Chhath Puja, dedicated to worshipping the Sun God, is set to give a major boost to the Indian economy, with trade worth around Rs 38,000 crore expected across the country, according to the Confederation of All India Traders (CAIT) on Friday. This marks a sharp rise of 22.58 per cent from last year's Rs 31,000 crore and Rs 27,000 crore in 2023 -- reflecting the festival's growing cultural and economic significance. The four-day festival, celebrated wi ...Read More >
Mumbai: The Reserve Bank is reviewing frictions impacting timely credit of inward cross-border remittances to beneficiary accounts enhance overall efficiency in the cross-border payments ecosystem. "One of the issues pertains to delays in cross-border payments being most pronounced at the beneficiary stage," the Reserve Bank of India (RBI) said in its half-yearly Payments Systems Report. "In this context, the Reserve Bank has initiated a review of the frictions impacting timely credit of inward ...Read More >
MUMBAI: Geopolitical tensions pose a growing threat to cross-border payments, RBI said in its latest report on payments. The central bank warned that the global financial system's dependence on centralised infrastructure and a few dominant settlement currencies makes it vulnerable to international conflict and sanctions.According to RBI, sanctions or restrictions on financial systems or currencies can disrupt markets and limit access to essential financial services. Geopolitical tensions can als ...Read More >
New Delhi, October 23: Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs 1.02 lakh crore on October 18, marking the highest single-day tally, as consumer demand surged due to the GST rate cuts. During the three-day period between Dhanteras and Diwali, the average UPI volumes stood at 736.9 million -- higher than 647.46 million in the corresponding period a month ago, the Finance Minister said. " ...Read More >
NEW DELHI: Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs 1.02 lakh crore on October 18, marking the highest single-day tally, as consumer demand surged due to the GST rate cuts. During the three-day period between Dhanteras and Diwali, the average UPI volumes stood at 736.9 million -- higher than 647.46 million in the corresponding period a month ago, the Finance Minister said. "It has been ...Read More >
New Delhi, October 22: The Unified Payments Interface (UPI) is witnessing a festive season boom, with the average daily transaction value in October jumping 13 per cent over September to reach Rs 94,000 crore, according to data from the National Payments Corporation of India (NPCI). With more than a week still left in the month, UPI is on track to post its highest-ever monthly performance, driven by Diwali spending and recent GST rate cuts. This marks one of the strongest month-on-month growth ...Read More >
India is building more and more data centres -- huge buildings full of computers that store our photos, videos, games, apps, and everything else we do online. Every time you use UPI, watch a YouTube video, or chat online, data from your phone travels through one of these centres. But here's the catch: data centres need a lot of power and a lot of water to keep all those computers cool. Imagine your phone heating up after gaming for too long -- now imagine millions of such machines running non-s ...Read More >
Prime Minister Narendra Modi is addressing NDTV World Summit and will speak about "Unstoppable Bharat: The Force of Now" at the Bharat Mandapam, a world-class convention centre in Delhi. The theme of the 2025 edition is 'Edge of the Unknown: Risk. Resolve. Renewal'. It is an invitation to confront uncertainty with imagination, to see resolve not as reaction but as deliberate intention, and to embrace renewal not as a return to the past but as the creation of futures yet to be defined. Here are ...Read More >
Dehradun (Uttarakhand) [India], October 20 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami on Monday met with Governor Lt. Gen. Gurmit Singh (Retd.) at Raj Bhavan. CM Dhami extended his heartfelt greetings and best wishes to Governor on the auspicious occasion of Diwali. Earlier CM Dhami visited local shops on Chakrata Road in Dehradun today, where he purchased earthen lamps, utensils, and other traditional indigenous items. During his visit, he interacted with local shopkeepers, potter ...Read More >
Dehradun (Uttarakhand) [India], October 20 (ANI): On the occasion of Diwali, Uttarakhand Chief Minister Pushkar Singh Dhami visited local shops on Chakrata Road in Dehradun today, where he purchased earthen lamps, utensils, and other traditional indigenous items. During his visit, he interacted with local shopkeepers, potters, and artisans, encouraging them to continue promoting traditional crafts. While shopping for Diwali, the Chief Minister made purchases through digital payment (UPI) and a ...Read More >
India is preparing to unveil comprehensive regulations for deepfake technologies, utilizing state-of-the-art tools for effective governance. Simultaneously, the nation is boosting its AI frontier by promoting locally created chipsets and attracting substantial funding from tech behemoths like Google, as it seeks to strike a balance between technological progress and the protection of society. The government is going to bring a regulation on deepfakes soon that will take help of technology for e ...Read More >
The episode was captured on CCTV and a 34-second video shared on social media by a user named Honest Cricket Lover. A shocking incident took place at Platform No. 5 of Jabalpur Railway Station, where a samosa vendor allegedly forced a passenger to surrender his expensive watch following a failed UPI payment. The episode was captured on CCTV and a 34-second video shared on social media by a user named Honest Cricket Lover. In his post, the user wrote, "Shameful incident at Jabalpur Railway Sta ...Read More >
VMPLMumbai (Maharashtra) [India], October 16: Lxme, India's leading financial platform for women, has announced the launch of LxmePay, the country's first Unified Payments Interface (UPI) exclusively for women. Designed to transform everyday transactions into powerful financial opportunities, LxmePay is more than just a payment tool, it's a step towards smarter, more conscious money management for women.While UPI has made payments faster and more convenient than ever, it has also made it easier ...Read More >
India's insurance market saw strong growth, boosted by the festive season and a government decision to make health insurance GST-free. The festive season, coupled with the government's recent decision to make health insurance GST-free, has provided a strong boost to India's insurance market. According to an analysis by Policybazaar, insurance payments between September 22 and October 14 grew 14 per cent week-on-week and 35 per cent year-on-year, driven by festive spending and consumer preferenc ...Read More >
Six persons were arrested for allegedly kidnapping and assaulting a businessman over a previous dispute related to a gold deal, a police official said on Friday. The accused had confined him in a flat in Parel in central Mumbai. he said. ''The incident had occurred late evening on October 14 when the victim was standing near his building at Old Hanuman Gully at Lokmanya Tilak Marg area. A car stopped near him and three men and a woman alighted from it. They forced the man into the vehicle, too ...Read More >
New Delhi [India], October 17 (ANI): Prime Minister Narendra Modi on Friday emphasised that India's growth is shaping global opportunities and the whole world is looking at India as a "reliable, responsible and resilient" partner. Addressing the NDTV World Summit 2025, Prime Minister Modi noted that European nations have committed to investing billions of dollars in India, which will generate huge employment, adding that these investments are helping India to make a nerve centre of the global s ...Read More >
"India has proved everyone wrong. Today, world's 50 per cent digital transaction happens in India." - PM Narendra Modi Beginning his much-awaited address at the 'NDTV World Summit 2025' here with a 'Happy Diwali to all' message, the Prime Minister said India was in policy paralysis 11 years back. "But India took on every challenge and today, the world respects us," said PM Modi. The Prime Minister further stated that there are several roadblocks across the world at the moment, and the topic o ...Read More >
A bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran took note of the submissions of lawyer Virag Gupta, appearing for the CASC, on Thursday and agreed to hear the PIL on October 17. The plea has sought a direction to union ministries of Electronics and Information Technology, Information and Broadcasting, Finance and Youth Affairs and Sports "to do a harmonious interpretation of provisions of Promotion and Regulation of Online Gaming Act, 2025 and laws made by State Legislat ...Read More >
Hyderabad: Meta has rolled out a new update, introducing the celebrity AI voice of Bollywood actress Deepika Padukone in its Ray-Ban Meta smartglasses. The voices of global celebrities like John Cena, Awkwafina, Judi Dench, and others are also present in the smartglasses. Along with this, the smartglasses now offer hands-free voice interactions and Hindi language support for UPI Lite payments. It also enables users to create festive-inspired restyles of their photos. Padukone is likely the firs ...Read More >
NPCI International Payments Ltd (NIPL) has partnered with NTT DATA Japan to enable UPI acceptance in the Japanese market. This collaboration will allow Indian tourists to make seamless QR code payments at merchant locations acquired by NTT DATA. The MoU aims to enhance the digital payment experience for Indian travelers in Japan. NPCI International Payments Ltd (NIPL) on Tuesday said it has signed a pact with NTT DATA Japan for acceptance of UPI in the Japanese market. In a statement National ...Read More >
HSBC India has launched HSBC Digital Merchant Services. This new solution simplifies payment processes for online businesses. Merchants can now manage various payment methods through a single platform. This includes cards, UPI, and net banking. The service aims to reduce operational costs and improve transaction insights. Mahanagar Gas Limited is an early user of this integrated payment solution. HSBC on Tuesday announced the launch of HSBC Digital Merchant Services (DMS) in India, a digital pa ...Read More >
New Delhi [India], October 16 (ANI): Reserve Bank of India (RBI) Governor Sanjay Malhotra shared a brief overview of India Digital Public Platform (DPP) ecosystem on the side-lines of the Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C. According to an official statement by RBI, a High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms was organised by the Reserve Bank of India on October 14, 2025, during the Annual Meetings ...Read More >
New Delhi [India], October 16 (ANI): Reserve Bank of India (RBI) Governor Sanjay Malhotra shared a brief overview of India's Digital Public Platform (DPP) ecosystem on the side-lines of the Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C. According to an official statement by RBI, a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" was organised by the Reserve Bank of India on October 14, 2025, during the Annual Meet ...Read More >
Paytm upgraded to 'Buy' by Axis Capital as credit-linked payments, stabilising merchant revenue, and tight cost control drive growth; FY27-28 EBITDA estimates raised 33-46%, with a Rs 1,500 price target implying 20% upside amid robust digital finance expansion. Axis Capital upgraded One 97 Communications, the parent company of Paytm, to a 'buy' rating, citing accelerating profitability driven by stabilising merchant payments, rising credit-linked payment products, and tight cost control. The br ...Read More >
New Delhi [India], October 15 (ANI): The much-anticipated festive season may not deliver the usual consumption boost this year, with Ambit Capital warning that weak labour markets, slowing credit, and mounting tariffs could weigh on consumer sentiment despite recent tax cuts.In its latest economic insights report, Ambit Capital said that while GST and income tax reductions are expected to cost the exchequer nearly Rs 2 lakh crore, the impact on demand is likely to be modest. It says tax cuts may ...Read More >
An SBI research report indicates that the Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is driving a significant shift in digital payment behavior. The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is not only fulfilling the dream of home ownership for millions of urban poor and middle-class families but is also driving a remarkable transformation in digital payment behaviour, noted a research report from the State Bank of India (SBI). Add Asianet Newsable as a Preferred Source The sc ...Read More >
Empowering Indian travellers with smarter, seamless, and borderless spending MUMBAI, India, Oct. 14, 2025 /PRNewswire/ -- Wizz Financial, a first truly global Indian fintech group, proudly announces the launch of the AI-enabled 'Wizz Voyager' multi-currency card, in direct partnership with Visa, a global leader in digital payments, marking a groundbreaking milestone in India's travel and fintech landscape. Designed for today's global citizens, the Wizz Voyager card allows seamless spending in ...Read More >
New Delhi [India], October 14 (ANI): Indian travellers in Japan may soon be using Unified Payment Interface (UPI) as NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Tuesday announced the signing of a Memorandum of Understanding (MoU) with NTT DATA Japan, a core subsidiary of the NTT DATA Group and a provider of IT and business services headquartered in Tokyo, Japan. As per a press release, the MoU establishes the foundat ...Read More >
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