Amid rising concerns among traders in Karnataka over the issuance of nearly 6,000 GST demand notices based on UPI transaction data, a top tax official has termed the action as within the framework......
Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore. Kindly note that this......
A 32-year-old Delhi resident was allegedly duped of over Rs 9 lakh by a person posing as the chief of the Anti-Terrorism Squad and accusing him of being involved in the Pulwama terror attack, the......
A video on social media showed a vendor at Jabalpur railway station allegedly taking a passenger's wristwatch as payment for 'samosas' after an online transaction glitch, prompting authorities to......
A human trafficking racket spanning multiple states has been busted with the arrest of three persons, including a woman, in connection with the sale of a young girl from Meghalaya for Rs 3 lakh and......
'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.' Kindly note that this illustration generated using ChatGPT has only......
Photograph: ANI Photo The Securities and Exchange Board of India's initiative to introduce 'Valid' UPI handles for market intermediaries from October 1 is running into operational hurdles, with a......
UPI crossed 20 billion monthly transactions for the first time in August 2025, with a transaction value of Rs 24.85 trillion. Illustration: Dominic Xavier/Rediff Higher adoption of India's......
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive, secure, and scalable Digital Public Platforms (DPPs),......
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......