News for 'digital transactions'

Leasing of retail spaces in malls, high streets up 15% this year

Leasing of retail spaces in malls, high streets up 15% this year

Rediff.com23 Dec 2025

Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield. The leasing of retail spaces stood at 7.8 million sq ft in 2024.

The flip side of oil companies' digital drive

The flip side of oil companies' digital drive

Rediff.com4 Jun 2020

OMCs' Digital India move is likely to have an impact on more than 80.3 million Pradhan Mantri Ujjwala Yojana consumers, majority of whom are not exposed to digital transact.

How India Spends: A Revealing Story

How India Spends: A Revealing Story

Rediff.com19 Aug 2025

Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

Bank Frauds Creep Back, RBI Sounds Alarm

Bank Frauds Creep Back, RBI Sounds Alarm

Rediff.com8 Nov 2025

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.

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

UPI transactions surge to record 16.73 bn in Dec; value at Rs 23.25 trn

Rediff.com2 Jan 2025

Unified Payments Interface (UPI) transactions saw an 8 per cent month-on-month increase in volume to 16.73 billion in December, the highest volume for the digital system since it became operational in April 2016. The value also increased by 8 per cent to Rs 23.25 trillion, up from Rs 21.55 trillion in November.

Pickup in private capex critical for more gains in Siemens

Pickup in private capex critical for more gains in Siemens

Rediff.com25 Nov 2025

Even as the results of Siemens for the second quarter of 2025-26 (Q2FY26) were a mixed bag, the stock was the top gainer in the BSE 200 index, rising 4.92 per cent in trade. Most brokerages are neutral or positive on the company.

Before You Invest in 2026, Read This

Before You Invest in 2026, Read This

Rediff.com13 Jan 2026

'Trading without strict position sizing, stop-loss discipline, or a clear exit plan almost guarantees losses.' 'Chasing tips, reacting to intraday noise, or assuming frequent trading improves outcomes are equally damaging habits.'

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Rediff.com22 Dec 2025

Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.

Prosus says India as one of its most critical growth markets

Prosus says India as one of its most critical growth markets

Rediff.com25 Dec 2025

Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to e-commerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

Auto refund, pre-filled forms... GST overhaul on cards

Auto refund, pre-filled forms... GST overhaul on cards

Rediff.com31 Oct 2025

The government is finalising a major GST overhaul with automated refunds, pre-filled returns, and analytics-based scrutiny to simplify compliance and boost liquidity for MSMEs.

How To Buy Gold Wisely In 2026

How To Buy Gold Wisely In 2026

Rediff.com15 Dec 2025

From Rs 73k to over Rs 1.2L between January-December 2025 -- is buying gold in 2026 still sensible?

Man held for transferring Rs 10cr to Pak-based crypto wallet

Man held for transferring Rs 10cr to Pak-based crypto wallet

Rediff.com9 Nov 2025

The accused had links with six persons, arrested on November 3 from Morbi, Surendranagar, Surat and Amreli districts, for allegedly routing Rs 200 crore to Dubai-based cybercriminals using nearly 100 mule accounts, the release said.

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.

ONDC likely to start levying small user charges on each transaction

ONDC likely to start levying small user charges on each transaction

Rediff.com2 Jul 2024

The government-backed Open Network for Digital Commerce (ONDC) is likely to start levying user charges in the current financial year.

Bajaj Auto posts highest ever quarterly revenue and PAT

Bajaj Auto posts highest ever quarterly revenue and PAT

Rediff.com8 Nov 2025

Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2 per cent to Rs 2,122 crore.

Mamata storms I-PAC chief's house during ED raid, alleges bid to seize TMC data

Mamata storms I-PAC chief's house during ED raid, alleges bid to seize TMC data

Rediff.com9 Jan 2026

West Bengal Chief Minister Mamata Banerjee on Thursday dramatically turned up at the residence of Indian Political Action Committee (I-PAC) chief Pratik Jain amid an ongoing Enforcement Directorate raid, alleging that the central agency was attempting to seize the Trinamool Congress's internal documents, hard disks and sensitive data linked to its election strategy.

'My Job Is To Be A Facilitator'

'My Job Is To Be A Facilitator'

Rediff.com23 Jun 2025

'My job is to provide people with a bouquet of options they can choose from.'

'Insurance Sector Is At An Unstable Equilibrium'

'Insurance Sector Is At An Unstable Equilibrium'

Rediff.com3 Nov 2025

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

Gujarat woman held for links to global cyber slavery racket

Gujarat woman held for links to global cyber slavery racket

Rediff.com26 Nov 2025

Gujarat police arrest a woman allegedly involved in trafficking job aspirants to Myanmar and Thailand for cyber slavery. The accused lured people with promises of high-paying jobs and forced them to work for international cyber crime syndicates.

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Delhiites lose nearly Rs 1,000 cr to cyber fraud this year

Rediff.com17 Oct 2025

Cyber fraudsters have duped Delhi residents of nearly Rs 1,000 crore so far this year, with investment scams, digital arrests and boss scams emerging as the most common cybercrimes.

Debit card usage slow for three years and UPI transactions up 428%

Debit card usage slow for three years and UPI transactions up 428%

Rediff.com11 Sep 2023

Debit card payments remained sluggish due to the surge in digital transactions after the pandemic, and the Unified Payments Interface (UPI) has emerged as the most popular mode of money transfer, particularly for small value transactions, according to RBI data. In July 2020, the total debit card spends stood at Rs 2.81 trillion, as compared to Rs 3.15 trillion in July 2023, reflecting a growth of 11.96 per cent. UPI spends have seen a whopping growth of 428 per cent, zooming from Rs 2.90 trillion to Rs 15.33 trillion during the same period, the data revealed.

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Aadhaar-Based Face Authentication Soon For Big Online Transfers

Rediff.com16 Oct 2025

While UIDAI has given a nod for face authentication, banks need to join the process.

Lenders tap alternative data as next frontier in credit fraud fight

Lenders tap alternative data as next frontier in credit fraud fight

Rediff.com28 Oct 2025

Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.

Only 28.5% Youth Are Digitally Literate

Only 28.5% Youth Are Digitally Literate

Rediff.com12 Oct 2024

Goa has the highest number of people who could 'search the Internet for information and can send or receive e-mails and can perform online banking transactions'.

Digital frauds continue to plague Mastercard

Digital frauds continue to plague Mastercard

Rediff.com8 Sep 2019

Mastercard recently launched an authentication product called Identity Check Express that enables customers to verify transactions on their own.

Taiwanese among 17 held in Gujarat for 'digital arrest' fraud

Taiwanese among 17 held in Gujarat for 'digital arrest' fraud

Rediff.com14 Oct 2024

Seventeen persons, including four hailing from Taiwan, were arrested by Ahmedabad Cyber Crime Branch for allegedly operating a nationwide 'digital arrest' racket, a Gujarat police official said on Monday.

'Emirates NBD Is In RBL For 15-20 Years'

'Emirates NBD Is In RBL For 15-20 Years'

Rediff.com29 Oct 2025

'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.'

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

India's Startup Dreams, Ready to Bloom

India's Startup Dreams, Ready to Bloom

Rediff.com17 Sep 2025

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 Ajit Balakrishnan.

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.

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Budget wishlist: Industry seeks easier tax rules, dispute fixes

Rediff.com3 Nov 2025

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.

Non-metro cities fuel India's online Diwali sales

Non-metro cities fuel India's online Diwali sales

Rediff.com20 Oct 2025

Non-metro cities drove this year's online Diwali shopping boom, accounting for nearly three-quarters of total e-commerce volume, with tier 3 cities contributing over 50 per cent, according to industry data. As per the industry data analysis of over 4.25 crore shipments by logistics intelligence platform ClickPost, these regions now represent the fastest and largest drivers of festive e-commerce, solidifying non-metro India's role as the epicentre of order volumes and growth.

Can RBI's digital currency replace physical cash?

Can RBI's digital currency replace physical cash?

Rediff.com15 Dec 2022

Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy's dependence on cash has remained as high as ever. So when the Reserve Bank of India (RBI) introduced a pilot project of its version of digital cash - called the central bank digital currency (CBDC) - on December 1, many questions were asked. Can the CBDC replace physical cash, even partially? Can it match cash in terms of convenience? Are CBDC transactions truly anonymous?

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Focus on the underserved to deepen financial inclusion: RBI Guv to fintechs

Rediff.com8 Oct 2025

Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.

PM slams 'stalwarts' who spoke against digital push

PM slams 'stalwarts' who spoke against digital push

Rediff.com29 Oct 2017

He said digitisation was aimed at bringing in accountability and added that more cash would bring with it social evils.

No service tax on debit, credit card transactions up to Rs 2,000

No service tax on debit, credit card transactions up to Rs 2,000

Rediff.com8 Dec 2016

The government has been taking steps to promote cashless or digital transactions to take India towards a less-cash economy

'Some IPOs Underperformed Due To...'

'Some IPOs Underperformed Due To...'

Rediff.com6 Nov 2025

'...aggressive pricing amid volatility, but these are exceptions.'