Stay updated with the latest united-press-international news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on united-press-international topics.
Setty said the lender needs to get the 'collections piece right' on the small value loans before rolling out other products on the UPI State Bank of India's (SBI's) chairman CS Setty on October 8 said that the lender is working on the simplification of Know Your Customer (KYC) and re-KYC and will engage with the regulators and the government. "We are working on that, the simplification of KYC processes. Even if it means that we need to engage with the regulators and the government, we are taki ...Read More >
Starting October 8, India will allow users to authenticate Unified Payments Interface (UPI) transactions through facial recognition and fingerprints, using Aadhaar-based biometric data, sources said. The move follows new RBI guidelines permitting alternative authentication methods and replaces the current PIN-based system. The NPCI plans to showcase the feature at the Global Fintech Festival in Mumbai. India will allow users to approve payments made through popular domestic payments network, th ...Read More >
Oct 9 (Reuters) - India's payments authority National Payments Corporation of India and fintech firm Razorpay have collaborated with Microsoft-backed (MSFT.O), opens new tab OpenAI to launch AI-driven payments on ChatGPT, the companies said on Thursday. The initiative, currently in the pilot stage, will allow users to make purchases on ChatGPT, facilitated by India's homegrown payments network Unified Payments Interface (UPI). The pilot will evaluate how the service can be expanded across vert ...Read More >
RBI Governor Sanjay Malhotra addressed the Global Fintech Fest 2025, urging India's nearly 10,000 fintech entities to responsibly innovate, serve the underserved, and embed data protection to help India become a developed nation by 2047. Reserve Bank of India (RBI) Governor, Sanjay Malhotra, urged fintechs to leverage India's digital public infrastructure to serve the underserved, innovate responsibly, and shape global digital finance. In his address at the Global Fintech Fest 2025 in Mumbai on ...Read More >
Mumbai, Oct 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest here, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved. "Build for inclusion. While there may be higher profits to be made by deepening access to the haves and the privile ...Read More >
Mumbai: Commerce and Industry Minister Piyush Goyal on Wednesday said that no power on earth can stop India from becoming a developed nation by 2047, with the government taking a series of initiatives to promote the domestic economy, build infrastructure and expand global trade. Speaking at the 6th edition of the Global Fintech Fest (GFF) 2025 here, the Minister also said that the world now looks upon India with trust and confidence as the country guarantees high-quality talent, skill, goods an ...Read More >
MUMBAI: The National Payments Corporation (NPCI) has launched a biometric authentication for UPI payments instead of the present PIN-based system. The biometric authentication will be performed on-device and can be used in place of the PIN that has been in use since the popular digital payments system was launched in April 2016. The new tool was rolled out by M Nagaraju, financial services secretary, at the global fintech summit here Tuesday. A biometric authentication is a more seamless, sec ...Read More >
Mumbai, Oct 7 (PTI) The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US dollars in the form of currency notes, forex card load or for outward remittances at competitive prices. With the linkage, customers will be able to access USD through their preferred payment/banking apps integrated with the Bharat Connect or Bharat Bill Payment System (BBPS) platform. Currently, five lenders -- A ...Read More >
Mumbai, October 7 : The government on Tuesday announced several new offerings like UPI with on-device biometric authentication for a seamless, secure and user-friendly alternative to PIN-based UPI authentication, Aadhaar-based face authentication in UPI to enable Aadhaar-linked biometric authentication for setting or re-setting UPI PIN, and the addition of a new mode for cash withdrawal through micro-ATMs using UPI at UPI cash points. The Secretary, Department of Financial Services, Ministry of ...Read More >
NEW DELHI: A 26-year-old man from Haryana has been arrested for allegedly running an elaborate sextortion racket that targeted individuals across India, Delhi Police said on Sunday. The accused, Mohammad Naseem, allegedly forced a person to transfer Rs 39,000 by threatening to upload a video of him online. According to police, the case began on June 5 when the complainant received a video call from an unknown woman. The call was cut off almost immediately, but shortly afterwards, the victim re ...Read More >
Bengaluru, Oct 3 (PTI) The Karnataka High Court has extended its stay on the Rs 200 ceiling imposed on cinema ticket prices across multiplexes in the state. According to an official statement from the Department of Information and Public Relations (DIPR), the Principal Bench on a writ appeal filed by the Karnataka State Film Chamber of Commerce against the Multiplex Association of India, upheld the stay granted on September 23 and issued detailed directions on ticket sales and refunds in its or ...Read More >
Hyderabad, Oct 2 (PTI) Two persons were arrested here for allegedly transporting and peddling drugs and 50 grams of MDMA was seized from them, police said on Thursday. The Hyderabad Narcotics Enforcement Wing (H-NEW) on Wednesday conducted an operation in an area under the limits of Chaderghat Police Station based on specific inputs and apprehended a local drug peddler and a drug transporter, a native of Kerala and MDMA drug was seized, Deputy Commissioner of Police (Task Force), Y V S Sudheend ...Read More >
MUMBAI: Reserve Bank Governor Sanjay Malhotra, who had earlier stated that UPI cannot remain free forever and that someone else is now paying for it, on Wednesday said the digital payment app will remain a zero-cost platform to encourage its wider adoption. "Currently, we have no proposal to impose any charges on UPI transactions," Governor Malhotra said during the customary post-policy presser in response to a question from the press. Addressing concerns about possible charges on digital paym ...Read More >
Dehradun (Uttarakhand) [India], October 1 (ANI): The father of journalist Rajeev Pratap Singh, who went missing and was later found dead under suspicious circumstances, has urged the Uttarakhand government to ensure a transparent and impartial investigation into his son's death. Rajeev's father, Murari Lal, said the circumstances surrounding the incident raise serious doubts and cannot be dismissed as a mere accident. "A thorough and impartial investigation should be conducted to determine whet ...Read More >
New Delhi [India], October 1 (ANI): The Directorate General of Civil Aviation (DGCA) has officially rolled out its ranking framework for Flying Training Organisations (FTOs) across India, with the first set of rankings coming into effect today. Also Read | Bihar SIR 2025: ECI Releases Final Voter List of Patna; 48,15,294 Voters Across 14 Assemblies To Cast Their Votes in State Assembly Elections 2025. According to the public notice issued by DGCA on September 30, 2025, the new ranking system a ...Read More >
New Delhi [India], October 1 (ANI): The upcoming Bharat International Rice Conference, scheduled to be held on October 30-31 at Bharat Mandapam in Delhi, is expected to give a significant push to India's rice exports and benefit thousands of farmers across the country. The conference is being organized for the first time in India and will bring together a large number of global stakeholders from the rice industry. Also Read | UPI Transactions Free From Charges: RBI Governor Sanjay Malhotra Say ...Read More >
New Delhi, October 1: The Indian job market has witnessed a double-digit growth in September, with hiring increasing year on year (YoY) for freshers as well as for experienced professionals, according to a report on Wednesday. The report by job portal Naukri showed that fresher hiring grew more than 15 per cent YoY, while demand for professionals with over 16 years of experience rose over 13 per cent YoY. Among metros, hiring growth was mainly led by Hyderabad, which posted more than 15 per cen ...Read More >
Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions. The governor also said the central bank is examining a proposal to allow lenders to remotely lock mobile phones bought on credit in case of default in EMI payments. While responding to a question whether there is a proposal to levy charges on UPI transactions, which have gone up significantly, Malhotra said there was no proposal. "Is there going to be charges on UPI? Wel ...Read More >
New Delhi, October 1: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday reiterated that the central bank has no proposal to impose a fee on transactions done through Unified Payments Interface (UPI). The governor's clarification came during his address after the post-Monetary Policy Committee (MPC) meeting. Malhotra stated that he had never said UPI could stay free forever, but he noted that someone needs to bear the costs associated with its functioning. "What I said was there ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday reiterated that the central bank has no proposal to impose a fee on transactions done through Unified Payments Interface (UPI). The governor's clarification came during his address after the post-Monetary Policy Committee (MPC) meeting. Malhotra stated that he had never said UPI could stay free forever, but he noted that someone needs to bear the costs associated with its functioning. "What I s ...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 >
Guwahati (Assam) [India], October 1 (ANI): The ICC Women's Cricket World Cup 2025 opener between India and Sri Lanka set a new milestone in women's cricket, as Guwahati's Barsapara Cricket Stadium recorded more than 20,000 fans in the stadium at any Women's Cricket World Cup event. The game drew 22,843 fans at the ACA Stadium, a record for the most attended group stage fixture at any Women's World Cup. The previous record of 15,935 was set during the India-Pakistan ICC Women's T20 World Cup Gro ...Read More >
BENGALURU: Refusing to stay the single judge's order staying the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025, issued by the state government fixing a Rs 200 cap on cinema tickets, the Karnataka High Court on Tuesday directed the Multiplex Association of India (MAI) and all multiplexes operating under its umbrella to maintain comprehensive and auditable records for every ticket sold. The court also directed the multiplexes to exhibit the summary of the interim order on-screen before e ...Read More >
New Delhi [India], October 1 (ANI): Delhi Police arrested two members of a cyber fraud gang posing as recruiters for Indigo Airlines on Tuesday. This case came to light when the complainant, Rohit Yadav, filed an online complaint through the NCRP portal regarding the cheating of Rs. 24,100 under the pretext of being offered a job at Indigo Airlines. In his statement, Rohit mentioned that he saw a job advertisement on his Facebook account. He called the mobile number provided in the ad and subs ...Read More >
New Delhi: Chief Minister Nara Chandrababu Naidu on Tuesday presented Andhra Pradesh as a global investment hotspot at an industrial meeting in New Delhi. He highlighted his government's plans to create two million jobs, develop 40,000 acres of industrial land and build world-class infrastructure across ports, logistics and smart cities. Speaking at the curtain-raiser for the 30th Confederation of Indian Industry (CII) Partnership Summit, Naidu invited global investors to join the state's growt ...Read More >
Hyderabad: Senior IPS officer V. C. Sajjanar, who took over as the new Police Commissioner of Hyderabad on Tuesday, said that he will give top priority to tackling cybercrimes and economic offences. After taking charge at Integrated Command Control Centre, he stated that women safety will also be among his priorities. Sajjanar, a 1996 batch IPS officer had earlier served as Police Commissioner of Cyberabad, said that he would play his role in making Hyderabad the number one city in the country ...Read More >
Hyderabad: On his last day as Managing Director of the Telangana State Road Transport Corporation (TGSRTC), VC Sajjanar opted for a symbolic farewell gesture that reflected his strong commitment to public transport. The MD expressed his deep bond with public transport by travelling in an RTC bus. On Monday, like a regular passenger, Sajjanar boarded the 113 I/M route bus from Lakdikapool - Telephone Bhavan bus stop to Bus Bhavan. He made the ticket payment through UPI and collected the ticket fr ...Read More >
Hyderabad: On his last day as Managing Director of the Telangana State Road Transport Corporation (TGSRTC), VC Sajjanar opted for a symbolic farewell gesture that reflected his strong commitment to public transport. The MD expressed his deep bond with public transport by travelling in an RTC bus. On Monday, like a regular passenger, Sajjanar boarded the 113 I/M route bus from Lakdikapool - Telephone Bhavan bus stop to Bus Bhavan. He made the ticket payment through UPI and collected the ticket fr ...Read More >
NEW DELHI: A 29-year-old African national was arrested for allegedly duping over 100 women claiming to be a UK-based Korean jewellery businessman and luring them with false promises of a personal relationship and business collaboration, police said on Monday. The accused has been identified as Stephane, also known as K Cee Dominic, a resident of Tilak Nagar. A case was registered on September 24 following a complaint from a woman alleging that she had come into contact with Duck Young (Stephan ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.