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Universal Payments Interface

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India's Startup Dreams, Ready to Bloom

Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms.This will allow our Indian startups' dreams to flourish, explains......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

'When India grows, world grows': Modi at UNGA

Prime Minister Narendra Modi on Saturday said that when Indians make progress, it also gives an impetus to the development of the world as its growth is linked with the globe.   IMAGE: Prime......

'Vaccine hesitancy has more or less gone'

'Demand is wonderful. We have crossed 10 million on many days.''The Swedish trade commissioner recently said, "You guys are vaccinating the entire Sweden in one day".' IMAGE: A health worker......

Demonetisation simply shows that Bharat lives on

'It has been inconvenient, yes, but the public has borne it largely with good humour.''There have been long queues, but thanks to decades of shortage-economy socialism, we are used to standing in......

How India Can Beat Global Tech Giants

With a confident new generation of innovators, India now has the scale and self-belief to shape its own digital destiny marked by creation, observes Ajay Kumar chairman, UPSC. Illustration:......

US major PayPal set to launch UPI-based digital payments in India

Its entry will increase competition especially when WhatsApp too has received approvals to launch payment service. Close on the heels of WhatsApp getting key approvals to launch digital payments......

ICICI Bank blocks Flipkart's payment app

This is the second instance of mainstream banks blocking services to new-age digital payments companies. ICICI Bank has blocked transactions on Flipkart-owned digital payments app PhonePe, accusing......

WhatsApp bets big on payments biz in India, plans big investments

A day after getting permission to raise its Unified Payments Interface (UPI) user base to 100 million, WhatsApp on Thursday said it has plans to make significant investments in ‘payments on......

Govt likely to wait until ceasefire to announce Russia payments deal

The Centre is unlikely to announce an agreement over payment mechanism with Russia until a ceasefire is declared in the Ukraine war, said people in the know. IMAGE: A local resident reacts while......

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