New Delhi, April 10 (IANS) India’s digital payment system Unified Payments Interface (UPI) is set to mark its 10th anniversary on April 11, after growing 12,000-fold in volume and over 4,000 times in terms of value.The payment system scaled from 17.86 million transactions worth Rs 6,952 crore in FY17 to 218.98 billion transactions amounting to nearly Rs 285 lakh crore in FY26, data from analytics firm Tracxn showed.Transactions rose gradually in the initial years — to 915 million in FY18 and…
Latest Value News & Updates
New Delhi, April 9 (IANS) Despite mounting risks from rising crude, a weaker rupee, India’s growth momentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and full-year FY26 growth projected at 7.6 per cent, healthy private consumption growth and manufacturing push, a report said on Thursday.The recent market corrections created a favourable valuation backdrop, with the Nifty trading at a 5.6 per cent discount to its five-year average PE, enhancing the medium-term risk-rewar…
