10 years of UPI: Instant payments network grows from 1.78 cr annual transactions to 24,162 crore

Instant payments network grows from 1.78 crore annual transactions to 24,162 crore Ten years ago, instant digital payments through a common platform were just taking off in India. Today, the Unified Payments Interface (UPI) processes more than 66 crore transactions every day, becoming a central part of the country’s digital payments ecosystem.Launched on August 25,…

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81-year-old mother allegedly forced to leave house: SC restores son’s eviction under Senior Citizens Act

The Court restored the orders passed by the authorities under the Senior Citizens Act directing the eviction of the appellant’s son and daughter-in-law. The Supreme Court has held that tribunals constituted under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 can order eviction of children or other occupants from a senior citizen’s…

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‘75% global trade will be covered’: India negotiating trade deals with 8-9 more groups of countries

Piyush Goyal is heading a business delegation of more than 200 representatives in Japan. Continuing with its push for free trade agreements (FTAs), India is currently negotiating with at least 8-9 additional groups of countries and individual nations. This together represents another $15 trillion in GDP, Commerce and Industry Minister Piyush Goyal said on Monday.He…

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