Mumbai, Jan 28 (IANS) The share of the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR (cumulative average growth rate) of 74 per cent over the last five years, according the RBI’s payment system report.
New Delhi, Jan 28 (IANS) Retail digital payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 16,416 crore transactions in the financial year 2023-24 —- approximately 100-fold increase over 12 years, a new RBI report has revealed.
New Delhi, Jan 28 (IANS) The number of credit cards has more than doubled to around 10.80 crore at the end of December 2024, compared to December 2019 when there were 5.53 crore cards in circulation, according to a new RBI report.
Mumbai, Jan 28 (IANS) The domestic benchmark indices opened higher on Tuesday after ending over seven-month low in the previous trading session.
New Delhi, Jan 28 (IANS) Preparations for the 'Utkarsa Odisha: Make in Odisha Conclave 2025' scheduled to take place on January 28 and 29 in Bhubaneswar are in their final stages. Speaking ahead of the event, Debabrata Ghosh, Director and Marketing Head of Oerlikon, one of the largest textile machinery manufacturing companies in the world, shared his insights on Odisha's potential to become a global leader in the synthetic fibre-based textile industry.
New Delhi, Jan 27 (IANS) Global software intelligence leader CAST on Monday said that it believes technical debt is India’s most pressing tech challenge in its pursuit of becoming a global technology powerhouse.
Mumbai, Jan 27 (IANS) Cement and building materials leader ACC Limited, part of the diversified Adani Group, on Monday, reported a significant 103 per cent year-on-year jump in its net profit for the December quarter (Q3) of FY25.
New Delhi, Jan 27 (IANS) In the vast landscape of human gatherings, nothing quite compares to the Kumbh Mela. As a company, we have been deeply engaged this year in the Mela -- and, every single time I have a discussion on this subject, I am humbled by the vision our forefathers had. As someone who has built ports, airports and energy networks across India, I find myself astonished by this magnificent demonstration of what I call "spiritual infrastructure" -- a force that has sustained our civilization for millennia.
Mumbai, Jan 27 (IANS) Indian equity markets witnessed a sharp decline on Monday amid weak global cues and uncertainties over US trade policies which dampened domestic investors’ sentiment.
Ahmedabad, Jan 27 (IANS) Adani Total Gas Ltd (ATGL) on Monday reported a 12 per cent increase in revenue from operations in the third quarter of FY25 at Rs 1,397 crore.
