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Unified Payments Interface (UPI)

UPI Transactions Skyrocket, India Leads in Digital Payments

India's digital economy has witnessed a significant milestone with the National Payments Corporation of India (NPCI) reporting a record-breaking surge in Unified Payments Interface (UPI) transactions in August. The data revealed a 41% year-on-year growth, with UPI transactions reaching an all-time high of 14.96 billion. Sep 1, 2024
Telegram founder Pavel Durov faces up to 20 years in prison if convicted

Telegram Founder Durov Arrested Amid Privacy Controversy

Pavel Durov, the Russian-born founder of the popular encrypted messaging app Telegram, has been arrested in France. Durov, who also created the social media platform VKontakte, was apprehended at Le Bourget Airport outside Paris, immediately after he disembarked from his private jet. Aug 25, 2024
India mobile phone exports reach $6.5 billion in April-July, iPhones lead

India's Mobile Phone Exports Soar; Apple Leads The Way with iPhones

India's mobile phone exports have reached a new high, with a significant contribution from Apple's iPhone exports. According to industry data, exports of mobile phones from India reached $6.5 billion in the April-July period of the fiscal year 2025 (FY25), marking a nearly 40% surge from the same period in the previous fiscal year (FY23). Aug 23, 2024
Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership

Nine MoUs signed as India and Malaysia elevate relationship to Comprehensive Strategic Partnership

Elevating India-Malaysia relationship to Comprehensive Strategic Partnership, Prime Minister Narendra Modi and visiting Malaysian PM Anwar Ibrahim held wide-ranging talks in New Delhi on Tuesday which culminated in the signing of nine Memorandums of Understanding (MoUs), ranging from digital technologies, tourism, recruitment, employment and repatriation of workers to co-operation in the field of Ayurveda and other traditional systems of medicine. Aug 20, 2024
India records 26 pc jump in FDI flows in first quarter

India records 26 pc jump in FDI flows in first quarter

The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI's latest monthly bulletin. Aug 20, 2024
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