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UPI Sees Record 20 Billion Transactions In August, Valued At Rs 24 Lakh Crore
In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.
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Swiggy Raises Platform Fee To Rs 14, Marks 600% Hike In Two Years
Food delivery major Swiggy has once again hiked its platform fee for food delivery orders, now by Rs 2. Citing a rise in customer transactions during the festive season, the company has increased the fee from Rs 12 to Rs 14.
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Probe Agency ED Raids Properties Of Tamil Nadu Minister I Periyasamy
The Enforcement Directorate (ED) is conducting raids at multiple locations linked to Tamil Nadu Minister I. Periyasamy. Teams of officials reached his residence on Greenways Road in Chennai, and his MLA guest house at Thiruvallikeni.
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Independence Day 2025: Key Tech Initiatives Like Aadhaar, UPI, DigiLocker, and more That Empower Citizens
In the last decade, India has quietly moved towards the digital sphere. Documents and identity cards are now paperless, health records can be stored on the cloud, and public services are now accessible with the tap of a button. The government’s flagship tech initiatives have reshaped how people interact with the State.
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From Independence Day to Janmashtami: Full List Of Bank Holidays Between August 11 and August 17
Bank Holidays Between August 11 and August 17: Online banking services may still be available. But some transactions may be restricted or delayed.
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Airtel Cloud Launched by Xtelify as Gen AI-Ready Cloud Platform for Telecom Businesses
Airtel’s fully-owned subsidiary Xtelify launched a telco-grade cloud platform for telecom businesses on Monday. Dubbed Airtel Cloud, the cloud platform was initially designed to serve the telecom operator’s internal operational requirements and houses all its digital assets and capabilities. It is said to handle 140 crore transactions per minut...
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10 Lakh Indians To Receive Free AI Training, Focus On Village Entrepreneurs
At least 10 lakh citizens will receive free training in artificial intelligence (AI) thanks to Common Service Centres, which falls under the Ministry of Electronics and Information Technology.
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Digital India Has Become A "People's Movement": Nirmala Sitharaman
Digital India has not remained a mere government programme but has also become a people's movement, Finance Minister Nirmala Sitharaman said on Tuesday. In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat'.
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Coinbase Launches Stablecoin Payments Service for E-Commerce
Coinbase is launching a platform designed to make stablecoins a go-to payment method for online transactions. The payments initiative could help add new sources of revenue, according to Mark Palmer, analyst at Benchmark.
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"50% Of World's Digital Transactions Take Place In India Through UPI": PM Modi In Cyprus
The digital transformation has been a game-changer for the country, promoting financial inclusion and innovation, PM Modi said.
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Coinbase Announces American Express-Backed Crypto Credit Card That Offers Bitcoin Rewards
Coinbase has introduced a crypto credit card in partnership with American Express. A blog post by Coinbase claimed that the card would waive trading fees on the first $500 (roughly Rs. 43,000) earned in trades. Meanwhile, USDC stablecoin holders will be able to gain additional rewards.
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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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Elon Musk Says X Money Payments Will Launch in 'Very Limited Access Beta' Soon
Elon Musk has revealed that the X Money service will undergo a limited beta testing before being launched. This X Money platform is expected to debut later this year with support for crypto transactions, especially those being facilitated through Bitcoin.
-
UPI Sees Record 20 Billion Transactions In August, Valued At Rs 24 Lakh Crore
In a significant development, the Unified Payments Interface (UPI) crossed 20 billion transactions in August for the first time in its history, the National Payments Corporation of India (NPCI) data showed on Monday.
-
Swiggy Raises Platform Fee To Rs 14, Marks 600% Hike In Two Years
Food delivery major Swiggy has once again hiked its platform fee for food delivery orders, now by Rs 2. Citing a rise in customer transactions during the festive season, the company has increased the fee from Rs 12 to Rs 14.
-
Probe Agency ED Raids Properties Of Tamil Nadu Minister I Periyasamy
The Enforcement Directorate (ED) is conducting raids at multiple locations linked to Tamil Nadu Minister I. Periyasamy. Teams of officials reached his residence on Greenways Road in Chennai, and his MLA guest house at Thiruvallikeni.
-
Independence Day 2025: Key Tech Initiatives Like Aadhaar, UPI, DigiLocker, and more That Empower Citizens
In the last decade, India has quietly moved towards the digital sphere. Documents and identity cards are now paperless, health records can be stored on the cloud, and public services are now accessible with the tap of a button. The government’s flagship tech initiatives have reshaped how people interact with the State.
-
From Independence Day to Janmashtami: Full List Of Bank Holidays Between August 11 and August 17
Bank Holidays Between August 11 and August 17: Online banking services may still be available. But some transactions may be restricted or delayed.
-
Airtel Cloud Launched by Xtelify as Gen AI-Ready Cloud Platform for Telecom Businesses
Airtel’s fully-owned subsidiary Xtelify launched a telco-grade cloud platform for telecom businesses on Monday. Dubbed Airtel Cloud, the cloud platform was initially designed to serve the telecom operator’s internal operational requirements and houses all its digital assets and capabilities. It is said to handle 140 crore transactions per minut...
-
10 Lakh Indians To Receive Free AI Training, Focus On Village Entrepreneurs
At least 10 lakh citizens will receive free training in artificial intelligence (AI) thanks to Common Service Centres, which falls under the Ministry of Electronics and Information Technology.
-
Digital India Has Become A "People's Movement": Nirmala Sitharaman
Digital India has not remained a mere government programme but has also become a people's movement, Finance Minister Nirmala Sitharaman said on Tuesday. In a post on X, she said 'Digital India' is central to building an 'Aatmanirbhar Bharat'.
-
Coinbase Launches Stablecoin Payments Service for E-Commerce
Coinbase is launching a platform designed to make stablecoins a go-to payment method for online transactions. The payments initiative could help add new sources of revenue, according to Mark Palmer, analyst at Benchmark.
-
"50% Of World's Digital Transactions Take Place In India Through UPI": PM Modi In Cyprus
The digital transformation has been a game-changer for the country, promoting financial inclusion and innovation, PM Modi said.
-
Coinbase Announces American Express-Backed Crypto Credit Card That Offers Bitcoin Rewards
Coinbase has introduced a crypto credit card in partnership with American Express. A blog post by Coinbase claimed that the card would waive trading fees on the first $500 (roughly Rs. 43,000) earned in trades. Meanwhile, USDC stablecoin holders will be able to gain additional rewards.
-
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.
-
Elon Musk Says X Money Payments Will Launch in 'Very Limited Access Beta' Soon
Elon Musk has revealed that the X Money service will undergo a limited beta testing before being launched. This X Money platform is expected to debut later this year with support for crypto transactions, especially those being facilitated through Bitcoin.
