India's Yuki Bhambri and his French partner Albano Olivetti frittered away a solid start to make a semi-final exit from the ASB Classic in Auckland.
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.
An hour-long disruption could affect around 40 million UPI transactions.
Sumit Nagal will take on Tomas Machac of the Czech Republic in the opening round of the Australian Open
In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI's launch in 2016. This surge reflects growing interest from financial technology (fintech) companies, driven by the integration of credit products like UPI-linked credit cards and pre-approved credit lines.
One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.
The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or are being fixed.
Tommy Paul led a parade of seeded players into the quarterfinals on Wednesday at the Adelaide International in Australia.
Dominic Thiem, U.S. Open winner in 2020, has secured a place in the main draw of the Australian Open after the withdrawal of Reilly Opelka, the tournament organisers confirmed on Friday.
Coco Gauff battled past Elina Svitolina in the Auckland Classic final on Sunday to retain her title.
Hurkacz, Swiatek win as Poland march into United Cup final
'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'
Unified Payments Interface (UPI) clocked over 6 billion transactions in July: the highest ever by India's flagship digital payments platform since its inception in 2016. UPI reported 6.28 billion transactions amounting to Rs 10.62 trillion, according to data released by the National Payments Corporation of India (NPCI), which operates the platform. Month-on-month, the volume of transactions was up 7.16 per cent and value increased 4.76 per cent.
Her last Grand Slam triumph came in 2017 and she has not won a WTA title since lifting the ASB Classic in Auckland at the start of the 2020 season.
A round-up of all tennis action on Saturday.
RuPay is working on how to increase offers to customers. It is also focused on technology innovation in the card payment system.
Worn down by the prospect of filling up a month-long holiday season with forced cheer and parties, Ashish Sharma stumbled upon a self-harm site. There he found community and comfort.
Both will play their second-round singles matches on Thursday.
Williams had little trouble against the 31-year-old German although the gusty breezes at Auckland Tennis Centre played havoc with her ball toss, especially when she was serving for the match at 5-3 in the second set.
Newly-engaged Serena Williams touched down in Auckland on Friday and quickly made her way to the court to hit some balls ahead of the start of her 2017 season.
Rapid strides in digital payments notwithstanding, the Indian economy will likely remain cash-dependent for many years to come, at least that's what the automated teller machine makers and cash logistics companies are betting on. After growing at over 20 per cent for most of 2020, currency in circulation growth fell to 8.5 per cent as of October 29 this year, shows data from the Reserve Bank of India (RBI). The reason for the steep rise in currency last year was the uncertainties related to the Coronavirus (Covid-19) pandemic, where people preferred to hoard cash to meet exigencies.
A round-up of tennis matches played on Tuesday.
Leander Paes and his new partner Andre Sa shocked the top-seeded pair of Treat Huey and Max Mirnyi in the ASB Classic in Auckland, to commence their partnership on a successful note on Wednesday.
Apart from SBI, UPI 2.0 partner banks are HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, YES Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC.
Belgian tennis star Yanina Wickmayer says she has no time for drugs cheats and scant regard for the tennis officials in her own country who banned her on a drugs technicality.
Sania Mirza suffered her fourth successive defeat, a straight set mauling, at the hands of Italian Francesca Schiavone and crashed out of the ASB Classic WTA tournament in Auckland on Wednesday. The Indian ace lost 0-6, 3-6 to her fourth seeded opponent in the second round of the US $220,000 hard court event, thus making a disappointing start to the season. She also lost in the doubles.
In the final part of this series on studying in Denmark, the writer tells why you must study in the Aarhus School of Business.
Former US Open champion Del Potro fired down 11 aces and did not face a break point during the one hour, 33 minutes match.
Since having a child and returning to the WTA Tour Serena Williams's focus has been split between raising a family and work.
The 23-times Grand Slam champion looked a completely different player from the person who smashed her way into the semi-finals of the doubles with Caroline Wozniacki on Wednesday but managed to do just enough to beat the 86th-ranked McHale.
"The FAKE NEWS media (failing @nytimes, @NBCNews, @ABC, @CBS, @CNN) is not my enemy, it is the enemy of the American People!" Trump tweeted.
Serena Williams is chasing Australian Margaret Court's record 24 Grand Slam singles titles
World No 2 Serena Williams shook out any cobwebs from four months away from tennis with a 6-3, 6-4 victory over France's Pauline Parmentier in the first round of the Auckland Classic on Tuesday.
Top seed Caroline Wozniacki and Venus Williams advanced to the Auckland Classic quarter-finals and kept alive the hopes of an anticipated final between the pair in dramatically contrasting circumstances on Wednesday.
Nick Kyrgios clinched his maiden tour title on home soil in a big confidence boost ahead of the Australian Open, beating Ryan Harrison 6-4, 6-2 in the Brisbane International final.
American tennis player Serena Williams is all set to make her comeback at the Australian Open, organisers confirmed.
The Danish World No 3 ended 2017 with the biggest title of her career in Singapore and returned a day after thrashing Madison Brengle in her season opener to hit 21 winners against eight unforced errors in the 53-minute win over Martic.
Ana Ivanovic claimed her first WTA Tour title in more than two years with a 6-2, 5-7, 6-4 victory over fellow former world number one Venus Williams to clinch the Auckland Classic on Saturday and boost her confidence ahead of the Australian Open.
Nadal, is known to have a superior win-loss record over most top players (including Andy Murray and Novak Djokovic), but believe it or not, there are players on the circuit who have an edge over Nadal.
As unified payments interface gets popular, cash transactions will come down as most small payments will be routed through this.
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