News for 'UPI'

CBI Investigates Possible Contract Killing Of Adhikari Aide

CBI Investigates Possible Contract Killing Of Adhikari Aide

Rediff.com12 May 2026

The CBI is investigating the murder of Suvendu Adhikari's aide, Chandranath Rath, suspecting it was a meticulously planned contract killing. The investigation involves forensic analysis and examination of potential interstate criminal links.

UPI transactions will continue to remain free

UPI transactions will continue to remain free

Rediff.com1 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions.

Allahabad HC Slams Advocate For 'Vexatious' Litigation, Imposes 15 Lakh Cost

Allahabad HC Slams Advocate For 'Vexatious' Litigation, Imposes 15 Lakh Cost

Rediff.com26 Apr 2026

The Allahabad High Court dismissed a petition by an advocate seeking quick disposal of a maintenance case against his wife, calling it 'vexatious' and imposed a significant fine for concealing facts and misusing his wife's funds.

India makes 85% of digital payment through UPI: RBI Guv Malhotra

India makes 85% of digital payment through UPI: RBI Guv Malhotra

Rediff.com16 Oct 2025

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), Reserve Bank Governor Sanjay Malhotra has said. He was speaking at a "High-Level Dialogue on Forging Economic Resilience through Digital Public Platforms" organised by RBI on the sidelines of the Annual Meetings of the World Bank and International Monetary Fund in Washington, DC on Tuesday.

World Bank: Remove AI Barriers to Boost Business and Jobs

World Bank: Remove AI Barriers to Boost Business and Jobs

Rediff.com9 Apr 2026

World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.

RBI To Enhance Security For Prepaid Payment Instruments

RBI To Enhance Security For Prepaid Payment Instruments

Rediff.com22 Apr 2026

The Reserve Bank of India (RBI) has proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal.

Odisha Honour Killing: Wife and Lover Arrested in Murder Plot

Odisha Honour Killing: Wife and Lover Arrested in Murder Plot

Rediff.com13 Apr 2026

Police in Jajpur, Odisha, have arrested five individuals, including a woman and her lover, in connection with the murder of her husband. The investigation revealed a complex web of relationships, leading to a planned execution.

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Gautam Adani: Energy Security, Digital Infrastructure Key To Geopolitics

Rediff.com11 May 2026

Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.

Why Jefferies Remains Bullish On Paytm's Growth

Why Jefferies Remains Bullish On Paytm's Growth

Rediff.com27 Apr 2026

Global brokerage firm Jefferies has reiterated its 'Buy' rating on Paytm, stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside.

'My Child Back-Answers Me In Front Of Elders And Guests'

'My Child Back-Answers Me In Front Of Elders And Guests'

Rediff.com27 Apr 2026

rediffGURU Anu Krishna, co-founder of Unfear Changemakers explains how you can deal with teenage rage and behaviour tantrums.

How Paytm Can Benefit From PPBL Licence Cancellation

How Paytm Can Benefit From PPBL Licence Cancellation

Rediff.com27 Apr 2026

Bernstein brokerage firm maintains 'Outperform' rating for Paytm, stating the PPBL licence cancellation will not impact Paytm's business and may open new regulatory opportunities.

Delhi LG Highlights Importance of Human Element in Digital Nation-Building

Delhi LG Highlights Importance of Human Element in Digital Nation-Building

Rediff.com17 Mar 2026

Delhi LG Taranjit Singh Sandhu addressed the Global Confluence 2026, emphasising the importance of maintaining a human element at the heart of digital nation-building. He highlighted India's digital transformation and the role of technology in improving lives, while urging a focus on inclusive development and national security.

Delhi Trio Held For Cab Driver Robbery, Extortion

Delhi Trio Held For Cab Driver Robbery, Extortion

Rediff.com23 Apr 2026

Delhi Police have arrested three men for allegedly robbing a cab driver at knifepoint, assaulting him with a beer bottle, and demanding money for the vehicle's return.

Sebi mulls allowing gift cards, prepaid instruments to invest in mutual funds

Sebi mulls allowing gift cards, prepaid instruments to invest in mutual funds

Rediff.com24 Mar 2026

Markets regulator Sebi on Tuesday proposed introducing gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion through onboarding of new investors in the space.

How RBI Plans To Protect Your Money From Scams

How RBI Plans To Protect Your Money From Scams

Rediff.com16 Apr 2026

The proposed solution is a one-hour delay for digital transactions exceeding Rs 10,000, particularly when the transfer is made to a new or unverified beneficiary. The idea is simple -- give users a window to reconsider, detect fraud or alert their bank before the funds are irretrievably transferred.

Rediff.com Prepares for Potential IPO

Rediff.com Prepares for Potential IPO

Rediff.com1 Apr 2026

Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed draft red herring prospectus (DRHP) with SEBI through the confidential pre-filing route, marking an important step towards a potential public listing after its acquisition and strategic shift to an AI-led digital platform.

Delhi Police Nab Five for Dating App Abduction and Robbery

Delhi Police Nab Five for Dating App Abduction and Robbery

Rediff.com28 Mar 2026

Delhi Police have arrested five individuals for allegedly abducting and robbing a man after luring him through a dating application in the Kalkaji area. The victim was assaulted, forced to transfer money, and later abandoned.

Kerala Police Alert: Fake Ads Using CM's Image Target PhonePe Users

Kerala Police Alert: Fake Ads Using CM's Image Target PhonePe Users

Rediff.com10 Mar 2026

Kerala Police have issued a warning about a new cyber fraud where scammers are using the image of Chief Minister Pinarayi Vijayan in fake social media advertisements to trick people into making online payments through PhonePe.

Compensation: What Digital Fraud Victims Must Know

Compensation: What Digital Fraud Victims Must Know

Rediff.com23 Mar 2026

Customers will qualify for compensation even if they mistakenly share the OTP.

RBI Leverages AI to Boost Digital Payments and Customer Experience

RBI Leverages AI to Boost Digital Payments and Customer Experience

Rediff.com24 Mar 2026

The Reserve Bank of India (RBI) is developing digital public infrastructure and payments intelligence platforms using artificial intelligence and application programming interfaces to improve customer experience and strengthen the payments ecosystem.

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Rediff.com23 Mar 2026

Brokerage firm Jefferies maintains a 'Buy' rating for Paytm, citing its dominant merchant payments platform and projected revenue growth.

Cyber Fraud Network Busted In Gujarat, Eight Arrested

Cyber Fraud Network Busted In Gujarat, Eight Arrested

Rediff.com22 Apr 2026

Gujarat police have arrested eight individuals for their alleged involvement in a cyber fraud network that handled transactions worth over Rs 288 crore. The arrests were made as part of 'Operation Mule Hunt 2.0', targeting organised cyber crime.

Ex-Students Nabbed for Kidnapping Freshman and Demanding Ransom in Bengaluru

Ex-Students Nabbed for Kidnapping Freshman and Demanding Ransom in Bengaluru

Rediff.com13 Apr 2026

Four individuals, including former and current senior students, have been arrested in Bengaluru for allegedly kidnapping a 19-year-old student and demanding a ransom for his release. Police swiftly rescued the victim and apprehended the suspects.

UPI payments hit by technical glitches, NPCI says systems working fine

UPI payments hit by technical glitches, NPCI says systems working fine

Rediff.com8 Aug 2025

Users experienced difficulties with UPI payments due to technical issues in some banks' systems. NPCI stated that its systems are operational and it is working with banks to resolve the problems.

Meet The Samsung Galaxy A57 5G

Meet The Samsung Galaxy A57 5G

Rediff.com28 Mar 2026

Samsung has unveiled a pair of fresh Galaxy handsets for the Indian market, expanding its A-range with the A57 5G alongside the A37 5G.

Tech Failures Behind UPI Outages

Tech Failures Behind UPI Outages

Rediff.com16 Apr 2025

An hour-long disruption could affect around 40 million UPI transactions.

Is Your Meta Glass Data Safe?

Is Your Meta Glass Data Safe?

Rediff.com6 Mar 2026

'We take steps to filter this data to protect people's privacy and to help prevent identifying information from being reviewed.'

Why Professionals Are Returning to Flipkart

Why Professionals Are Returning to Flipkart

Rediff.com13 Apr 2026

Homegrown e-commerce giant Flipkart is experiencing a significant trend of senior leaders rejoining the company, driven by its people-first culture, opportunities for growth with ownership, and the chance to solve problems at an India scale.

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

RBI's New Rules: BIG Changes From April 1 for OTP, Cards, Online Payments

Rediff.com1 Apr 2026

From April 1, 2026, the Reserve Bank of India's new authentication directions modernise how every digital payment you make must be verified -- and place the burden of security squarely on your bank, not on you.

How the National Health Claims Exchange Aims to Simplify Health Insurance in India

How the National Health Claims Exchange Aims to Simplify Health Insurance in India

Rediff.com7 Mar 2026

The National Health Authority (NHA) is promoting the National Health Claims Exchange (NHCX) to standardise and simplify health insurance claims processing in India, aiming for a seamless and reliable digital infrastructure similar to UPI.

Paytm Outpaces Rivals in Monetisation, Driven by Lending and Financial Services

Paytm Outpaces Rivals in Monetisation, Driven by Lending and Financial Services

Rediff.com5 Mar 2026

A BofA Global Research report indicates that Paytm is leading in monetisation compared to its competitors due to its diversified mix of merchant lending and financial services, which enhances profitability and strengthens its position in the Indian fintech market.

How UPI, AePS, Wallets Are Changing India

How UPI, AePS, Wallets Are Changing India

Rediff.com24 Jul 2025

UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.

Cyber Fraud Ring Busted: 11 Arrested in Delhi, Mumbai Operation

Cyber Fraud Ring Busted: 11 Arrested in Delhi, Mumbai Operation

Rediff.com24 Mar 2026

Delhi Police have arrested 11 individuals involved in a cyber fraud racket operating from Delhi and Mumbai, which allegedly defrauded a senior citizen of over Rs 22 lakh with promises of high investment returns. The network is linked to international operators in Cambodia.

K'taka traders call bandh on Friday over UPI-based GST notices

K'taka traders call bandh on Friday over UPI-based GST notices

Rediff.com23 Jul 2025

Traders in Karnataka are raising concerns over GST demand notices based on UPI transaction data. A tax official defends the action, stating it's within the law and recipients can respond with documentation.

UPI Hits Record High In March

UPI Hits Record High In March

Rediff.com2 Apr 2025

UPI topped Rs 24 trillion in value of transactions and 19 billion in volume for the first time after becoming operational in April 2016.

Geopolitical Shifts Position India as a Key Technology Partner

Geopolitical Shifts Position India as a Key Technology Partner

Rediff.com17 Mar 2026

Nasscom President Rajesh Nambiar highlights India's growing importance as a technology partner due to geopolitical uncertainties and the need for resilient supply chains.

Retired colonel attacked by 6 with beer bottles in Gurugram road rage

Retired colonel attacked by 6 with beer bottles in Gurugram road rage

Rediff.com23 Feb 2026

A retired Army colonel was allegedly attacked with beer bottles by six youths in Gurugram after a minor car accident. Five suspects have been arrested after the victim reported the incident and alleged police apathy on social media.

PCI Urges MDR on UPI, RuPay

PCI Urges MDR on UPI, RuPay

Rediff.com25 Mar 2025

'The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support, ultimately ensuring that UPI continues to thrive.'

PhonePe Introduces 'On-The-Go' Card for Contactless Transit Payments Across India

PhonePe Introduces 'On-The-Go' Card for Contactless Transit Payments Across India

Rediff.com11 Mar 2026

PhonePe has launched the 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC) aimed at digitising transit payments across India. The card enables quick, tap-and-pay transactions on NCMC-enabled services like metros, buses, and trains, even without internet connectivity.

Sebi Steps Up Surveillance Amid Surge in Retail Investors

Sebi Steps Up Surveillance Amid Surge in Retail Investors

Rediff.com2 Mar 2026

Sebi Chairman Tuhin Kanta Pandey announced intensified surveillance and technology-driven enforcement to combat pre-investment scams targeting retail investors, who are increasingly being lured by fake trading apps and promises of high returns.