UPI Becomes World’s Most Used Real-Time Payment System; Processes 640 Million Transactions Daily
India’s Unified Payments Interface (UPI) has emerged as the world’s most used real-time payment system, according to the International Monetary Fund (IMF).
RBI Says Indian Economy Remains Resilient Amid Global Trade Uncertainty
Despite global uncertainties around tariffs, the Indian economy remains resilient, supported by strong macroeconomic fundamentals, the Reserve Bank of India (RBI) said on Wednesday.
Indian Economy Set To Grow 6.5% In FY26 Despite Global Challenges: EAC-PM Chief S Mahendra Dev
India’s economy will likely grow at 6.5% in FY26, supported by domestic factors despite global challenges, says EAC-PM chief S Mahendra Dev.
As Stablecoins Gets Greenlit In The US, India’s Chance To Lead This Fintech Space
The US Senate's GENIUS Act paves the way for sovereign-backed stablecoins. India must act now with clear regulations to lead in fintech.
India’s Retail Inflation Falls To Over 6-year Low Of 2.1 Per Cent In June
India’s retail inflation based on the Consumer Price Index (CPI) fell to 2.1 per cent in June, marking the lowest level since January 2019.
Indian’s Diaspora Remittances Soar To All-time High Of $135.46 Billion In FY25
India has once again topped the charts as the world's largest recipient of remittances from its diaspora community.
RBI Frontloads Rate Cuts To Boost Growth Amid Low Inflation: Crisil
The RBI has frontloaded its rate cuts to support economic growth, taking advantage of a benign inflation outlook, as per a Crisil report.
UPI QR Codes Surge 91.5% In FY25; Credit Card Growth Slows
India's digital payments landscape has experienced significant shifts in the financial year 2024–25, with UPI QR codes leading the growth.
India’s Foreign Exchange Reserves See Significant Increase; Marks Highest Gain In Five Months
Indian foreign exchange reserves continued their upward momentum, rising by USD 6.596 billion to reach USD 665.396 billion as of March 28.
RBI Wins Digital Transformation Award 2025 For Pravaah And Sarthi Systems
Central Banking London praised RBI’s initiatives for transforming internal and external processes. The successful adoption of Sarthi and Pravaah reflects RBI’s commitment to digital innovation.
