India UPI Transactions Hit Record Daily Volumes in February 2026 Despite Sequential Dip
UPI Maintains High Momentum as Daily Transactions Reach All Time High
India’s Unified Payments Interface continues to demonstrate structural strength, with daily transaction volumes touching an all time high...
PhonePe Reports 56% Revenue CAGR in FY23 to FY25, Losses Narrow Sharply Ahead of IPO
Revenue Growth Signals Strong Monetization Shift
Digital payments major PhonePe has reported robust revenue growth and a sharp reduction in losses over the past three fiscal years, reflecting a decisive shift...
Merchant Payments Segment Emerges as Key Revenue Driver in Digital Ecosystem
Merchant payments are increasingly becoming the most attractive segment within India’s digital payments landscape, with Paytm maintaining a clear edge in revenue intensity and profitability, according to a February 23...
$16.9 Billion Publicly Funded BharatNet to Expand Rural Broadband Nationwide
New Delhi, February 23: The amended BharatNet programme, a $16.9 billion initiative equivalent to ₹1,39,000 crore in public funding, is set to bring optical fibre and broadband connectivity to every village across the...
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AI Set to Strengthen India’s Digital Public Infrastructure
New Delhi, February 17: The convergence of connectivity and computing power is poised to fundamentally reshape how citizens, businesses, and governments interact across India, according to Reliance Jio CTO Shyam Prabhakar Mardikar...
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Formal Credit Flow to MSMEs Remains Key Policy Focus
Mumbai, February 16: Reserve Bank of India Governor Sanjay Malhotra on Monday reiterated that improving access to timely and adequate formal credit for micro, small and medium enterprises remains a core policy priority of the central bank...
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NPCI Extends UPI Access to Foreign Delegates in New Delhi
New Delhi, February 16: The National Payments Corporation of India announced that its ‘UPI One World’ wallet service is being made available to international visitors attending the ongoing five day India AI Impact Summit in the national...
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The National Payments Corporation of India on Monday announced the expansion of its ‘UPI One World’ wallet service to international visitors attending the India AI Impact Summit 2026 in New Delhi.The summit, being held from February 16 to 20, is drawing participants from more than 40...
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Currency in Circulation Surges to Historic High
Mumbai, February 16: India’s currency in circulation has climbed to a record high of approximately Rs 40 lakh crore by the end of January 2026, according to a report released by SBI Research on Monday.The report noted that year on year growth in...
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upi transactions
New Delhi, February 15 – Finance Minister Nirmala Sitharaman met with top leaders and industrialists during her visit to Germany and discussed bilateral trade relations in the context of the EU-India FTA agreement, while also strengthening partnerships in several fields, including manufacturing...
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