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UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
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Air India To Provide Rs 25 Lakh Interim Payment To Crash Victims' Famillies
Air India on Saturday announced that it will provide an interim payment of Rs 25 lakh to the families of the deceased and survivors of the Ahmedabad plane crash.
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Google, Scale AI's Largest Customer, Said to Plan Split After Meta Deal
Google plans to sever ties with AI data-labeling startup Scale AI after rival Meta acquired a 49% stake. Reuters' sources reveal Google, Scale's largest customer, had projected $200 million in payments this year for crucial human-labeled training data, vital for developing models like Gemini. The search giant is reportedly already in discussions wi...
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Sonam Raghuvanshi's Cousin Paid Hitmen Hired For Raja's Murder: Police
A cousin of Sonam Raghuvanshi had cleared the first installment of payment to the three hitmen who were hired to murder her husband, Raja Raghuvanshi, in Meghalaya last month, police officers probing the case said on Thursday.
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Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
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Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
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Disney to Pay Comcast $439 Million More for Its Hulu Stake
Walt Disney must pay $438.7 million (roughly Rs. 3,755 crore) more to Comcast to complete its purchase of the Hulu streaming service. Disney agreed in 2019 that it would acquire Comcast’s one-third stake in the business at price that valued the whole enterprise at a minimum of $27.5 billion (roughly Rs. 23,54,206 crore) starting in 2024.
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SSC Combined Graduate Level (CGL) Examination Notification Released, Details Here
SSC CGL 2025 Notification: The SSC CGL notification includes details about when the admission process begins, ends, last date of fee payment, vacancy details.
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Who Is Sashidhar Jagdishan? HDFC Bank CEO Facing Financial Fraud Allegations
Sashidhar Jagdishan took charge as the HDFC Bank CEO and MD in 2020, succeeding the bank's longest-serving CEO, Aditya Puri.
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Mumbai Woman Loses Rs 99,000 After Rs 9 Payment To Fake Cleaning Service
A woman lost Rs 99,000 after she made a payment of Rs 9 to a fake online cleaning service. The shocking cyber fraud was reported from Mumbai's Andheri West.
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PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
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Mumbai Founder Criticises Employees Quitting After Payday, Internet Reacts
Kiran Shah, the founder of Mumbai-based startup GoZero, is facing backlash for his LinkedIn post criticising employees who resign shortly after receiving their salaries.
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Adani Group Sees 29% Rise In Tax Payments To Rs 75,000 Crore
The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network - an infrastructure lifeline for millions of people. It's also nearly enough to host a modern-day Olympics.
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Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
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UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
-
Air India To Provide Rs 25 Lakh Interim Payment To Crash Victims' Famillies
Air India on Saturday announced that it will provide an interim payment of Rs 25 lakh to the families of the deceased and survivors of the Ahmedabad plane crash.
-
Google, Scale AI's Largest Customer, Said to Plan Split After Meta Deal
Google plans to sever ties with AI data-labeling startup Scale AI after rival Meta acquired a 49% stake. Reuters' sources reveal Google, Scale's largest customer, had projected $200 million in payments this year for crucial human-labeled training data, vital for developing models like Gemini. The search giant is reportedly already in discussions wi...
-
Sonam Raghuvanshi's Cousin Paid Hitmen Hired For Raja's Murder: Police
A cousin of Sonam Raghuvanshi had cleared the first installment of payment to the three hitmen who were hired to murder her husband, Raja Raghuvanshi, in Meghalaya last month, police officers probing the case said on Thursday.
-
Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
-
No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
-
Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
-
Disney to Pay Comcast $439 Million More for Its Hulu Stake
Walt Disney must pay $438.7 million (roughly Rs. 3,755 crore) more to Comcast to complete its purchase of the Hulu streaming service. Disney agreed in 2019 that it would acquire Comcast’s one-third stake in the business at price that valued the whole enterprise at a minimum of $27.5 billion (roughly Rs. 23,54,206 crore) starting in 2024.
-
SSC Combined Graduate Level (CGL) Examination Notification Released, Details Here
SSC CGL 2025 Notification: The SSC CGL notification includes details about when the admission process begins, ends, last date of fee payment, vacancy details.
-
Who Is Sashidhar Jagdishan? HDFC Bank CEO Facing Financial Fraud Allegations
Sashidhar Jagdishan took charge as the HDFC Bank CEO and MD in 2020, succeeding the bank's longest-serving CEO, Aditya Puri.
-
Mumbai Woman Loses Rs 99,000 After Rs 9 Payment To Fake Cleaning Service
A woman lost Rs 99,000 after she made a payment of Rs 9 to a fake online cleaning service. The shocking cyber fraud was reported from Mumbai's Andheri West.
-
PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
-
Mumbai Founder Criticises Employees Quitting After Payday, Internet Reacts
Kiran Shah, the founder of Mumbai-based startup GoZero, is facing backlash for his LinkedIn post criticising employees who resign shortly after receiving their salaries.
-
Adani Group Sees 29% Rise In Tax Payments To Rs 75,000 Crore
The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network - an infrastructure lifeline for millions of people. It's also nearly enough to host a modern-day Olympics.
-
Opinion | Why India Is Pushing FATF To Ease Its Rules For UPI Payments
Card networks, mostly headquartered in the West, benefit from historical precedence. Instant payment systems, by contrast, are homegrown innovations in emerging markets, cheaper, faster, and vital for financial inclusion.
