Thanks to the massive adoption of unified payments interface (UPI) based digital transactions, India now makes faster ...

A new paper by the International Monetary Fund (IMF) finds that India’s Unified Payments Interface (UPI) has significantly reduced reliance on cash, citing falling ATM withdrawals and currency in ...

Karnataka's Commercial Tax Department issues GST notices to traders based on UPI transaction data, clarifying compliance requirements and tax ...

The IMF recognizes India's leadership in fast payments, crediting UPI's digital transaction surge. This highlights India's significant strides in digital financial inclusion and innovation.

“Rupee payment is boosted by signing of Local Currency Settlement (LCS) between India and UAE. “As per new amendments brought ...

BENGALURU: Following reports of notices issued to small traders by the Commercial Tax Department, the state government clarified on Friday that the action was b ...

While the second and fourth Saturday rule applies nationwide, additional regional bank holidays may vary from state to state based on local festivals and events.

At the upcoming BRICS summit in Brazil, member nations are expected to intensify their push for local currency settlement and ...

A latest note titled 'Growing Retail Digital Payments: The Value of Interoperability' presented by International Monetary ...