Be careful when making payments online

27 Lakh UPI Fraud Cases Reported in 3 Years, Involving Rs 2,145 Crore

Over the past three years, India has witnessed nearly 27 lakh UPI domestic payment fraud cases amounting to Rs 2,145 crore. Minister of State for Finance Pankaj Choudhary revealed in the Lok Sabha that in the financial year 2023-24 alone, over 13.42 lakh fraud cases involving Rs 1,087 crore were reported, a sharp rise compared to previous years. 12 hours ago
Unified Payments Interface (UPI)

Internationalisation of UPI progressing rapidly: RBI

The internationalisation of the unified payments interface (UPI) is progressing rapidly, as India emerges as a world leader in leveraging digital technologies for transformative change, according to a Reserve Bank of India (RBI) report. 2 days ago
India's inflation rate 5.6% higher than most other nations: Bank of Baroda

India's WPI Inflation Rises To 2.36% In October

India's inflation rate, based on the Wholesale Price Index (WPI), rose to 2.36% in October this year, compared to the same month of the previous year on the back of higher food prices. 12 days ago