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Retail digital payments increase 100-fold in 12 years; 83% via UPI

The New Indian Express Villupuram

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January 29, 2025

RETAIL digital payments have grown from 162 crore transactions in 2013 to over 16,416 crore transactions in 2024, which is nearly 100-fold jump during the past 12 years, show the latest payments system report by the Reserve Bank.

- BENN KOCHUVEEDAN @ Mumbai

The success begins and ends with the UPI, the share of which in total digital payments has grown to 83% in 2024 from 34% in 2019. In 2024 alone, the country saw as much as 208.5 billion digital payment transactions, the RBI said. On the other hand, the share of other digital payment methods such as national electronic funds transfer (NEFT), real-time

FLERE HISTORIER FRA The New Indian Express Villupuram

The New Indian Express Villupuram

The New Indian Express Villupuram

Jaishankar meets Rubio in Malaysia amid tariff tension and trade talks

EXTERNAL Affairs Minister S. Jaishankar met US Secretary of State Marco Rubio in Kuala Lumpur on Monday on the sidelines of the ASEAN and East Asia Summits, marking their second meeting in just over a month, and fourth this year. The two leaders are learnt to have discussed a host of bilateral and regional issues, including trade talks.

time to read

1 min

October 28, 2025

The New Indian Express Villupuram

GST 2.0 to drive jobs, economic growth: FinMin

DUE to goods and services tax (GST) reforms coupled with other policy measures, India will continue its economic growth momentum, create more employment opportunities and boost consumption, according to the Monthly Economic Review for September released by the Ministry of Finance on Monday.

time to read

1 min

October 28, 2025

The New Indian Express Villupuram

Chained and handcuffed independent — all for a bridge over river Bagmati

MEET Sanjay Sargharsh Singh, an Independent candidate from Bihar’s Sheohar Assembly constituency, who with his distinctive approach, is drawing huge crowds.

time to read

1 min

October 28, 2025

The New Indian Express Villupuram

The New Indian Express Villupuram

Protect forest dwellers from eviction, states told

DAYS after defending the Forest Rights Act (FRA), 2006 in the Supreme Court, the Union government has directed all states and Union territories to ensure that no tribal or forest-dwelling community is forcibly evicted from wildlife sanctuaries or national parks until their rights are fully recognised and settled.

time to read

1 mins

October 28, 2025

The New Indian Express Villupuram

MLA among six BJP leaders expelled

THE BJP on Monday initiated disciplinary action against six leaders, including a sitting MLA, for indulging in anti-party activities, according to a statement issued by Bihar unit of the BJP late on Sunday.

time to read

1 min

October 28, 2025

The New Indian Express Villupuram

The New Indian Express Villupuram

Quality issue: Contractor told to partly demolish flats

A possible disaster may have been averted as a contractor of the Tamil Nadu Urban Habitat Development Board (TNUHDB), who is building 702 residential units at Andimaniyam Thottam, has torn down the constructed portions in all the four blocks after the board flagged quality issues.

time to read

1 min

October 28, 2025

The New Indian Express Villupuram

Exporters flag concern over GM soya imports

INDIA’S soybean exporters have raised concerns over the government's reported consideration to allow imports of genetically modified (GM) soybean meal from the US, warning that such a move could erode the country’s export competitiveness built on its “non-GM” reputation.

time to read

1 mins

October 28, 2025

The New Indian Express Villupuram

The New Indian Express Villupuram

Don’s daughter takes up battle for RJD

IN therun-up to the Bihar state Assembly elections, a fascinating battle is unfolding in Lalganj, which is distant just 39 kilometres from the state capital of Patna.

time to read

1 min

October 28, 2025

The New Indian Express Villupuram

The New Indian Express Villupuram

Market advances on expectation of US-China trade talks, Fed rate cut

DOMESTIC equity benchmarks advanced on Monday with the NSE Nifty 50 index briefly surging past psychologically significant 26,000 threshold and recording a firm finish ahead of the October F&O expiry.

time to read

1 mins

October 28, 2025

The New Indian Express Villupuram

SACRED SPACES & SHATTERED TRUST

REPORTS of sexual harassment by teachers in educational institutions have been steadily rising.

time to read

3 mins

October 28, 2025

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