Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year. Illustrations: Dominic Xavier/Rediff India’s
Benchmark BSE Sensex on Monday rebounded by nearly 555 points on value buying in IT, auto and banking shares after three straight days of losses and strong macro data. Illustration: Dominic Xavier/Rediff The 30-share Sensex jumped 554.84 points or 0.70
Challans worth Rs 10,298 crore were issued, but collections have been a weak 20 per cent. IMAGE: Traffic personnel sticks a Paytm QR code as Gurugram becomes the first city to ease the payment of challans through a digital transaction
Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Illustration: Uttam Ghosh Despite
