UPI clocks record monthly transactions as October payments cross 25.5 billion, with daily value topping Rs 1 lakh crore MUMBAI: UPI transactions crossed the 25-billion mark for the first time in Oct, while average daily transaction value breached Rs 1 lakh crore for the first time, signalling continued growth in digital payments despite the debate…
International flyers can now trial Digi Yatra’s e-passport-based biometric facility at seven Indian airports, with a wider rollout planned for 2027 NEW DELHI: Travelling abroad from India could soon be a seamless experience just like taking domestic flights with Digi Yatra. The govt has started trials for international passengers at seven airports, allowing eligible Indian…
Rising prices of new smartphones are driving buyers towards refurbished iPhones and premium pre-owned devices NEW DELHI: Refurbished smartphones are finding more buyers in India. Rising prices of new devices are pushing consumers towards cheaper alternatives, including older iPhones, helping the secondary market grow even as new handset sales face a slowdown. ControlZ (refurbished electronics…
EPFO will initiate the settlement process automatically after completing the prescribed identity and bank account verification. The eligible amount will then be transferred to the rightful beneficiaries. NEW DELHI: Union labour and employment minister Mansukh Mandaviya on Sunday launched WhatsApp-based services for Employees’ Provident Fund Organisation (EPFO) subscribers.The roll out will allow them to check…
An analysis of over 37,000 technology and digital roles shows that traditional valuation proxies no longer accurately predict market value. By Neeti Sharma, CEO, TeamLease DigitalThe contemporary enterprise operates in an environment defined by unprecedented geopolitical volatility, economic shifts, and rapid technological acceleration. Across the Asia-Pacific region, 81% of senior leaders identify the capacity to…
Commercial LPG rates have been hiked for 2nd straight month NEW DELHI: The price of a 19-kg commercial LPG cylinder was increased by Rs 10 to Rs 2,820 from Sunday, marking the second consecutive monthly hike. Aviation turbine fuel (ATF) prices were also raised by Rs 1.37 per litre, according to state-owned oil companies.Commercial LPG,…
Narayan Sethuramon, co-chairman of the CII International Council India’s free trade agreement (FTA) with the UK, which came into force in July, and the proposed pact with the European Union, expected to be signed next month, offer significant opportunities for domestic manufacturers to expand their global footprint.But industry needs to step up efforts to translate…
IGL reported a 93.4% decline in Q2 FY27 profit to Rs 24.4 crore, despite an 8% rise in sales volume NEW DELHI: IGL reported a 93.4% decline in its profit in the second quarter of FY27 due to a substantial increase in input gas costs amid global supply disruptions caused by uncertainties in West Asia.The…
Foreign portfolio investors (FPIs) withdrew Rs 34,843 crore from Indian equities in October, marking the second consecutive month of substantial outflows amid concerns over high crude oil prices, global interest rates and the outlook for corporate earnings.However, foreign investors turned net buyers towards the end of the month, purchasing equities worth around Rs 6,300 crore…
The first phase covers 15 cryptocurrencies, including Bitcoin, Ether, XRP and Dogecoin. Binance resumed withdrawals of Bitcoin, Ether and some stablecoins on Sunday after hackers stole $6.3 billion worth of cryptocurrency from the exchange. The world’s largest cryptocurrency exchange said it had replaced 95 per cent of the stolen assets using its own funds, while…
