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India’s younger generation, often called Gen-Z, is changing the way people think about money. Tapas Chakraborty, Director Welfin.in and a financial advisor, shared a personal story that highlights this shift. He wrote on LinkedIn, “My son asked me for a Dubai trip, I told him ‘Wait 1.5 years’.” However, his son booked the trip and…
Last Updated:July 28, 2025, 18:56 is Internet-focused funds invest in online businesses, but they carry more risk as they rely on fewer companies. Most of these funds follow the Nifty India Internet Index and the BSE Internet Economy Index as their benchmarks. Asset Management Companies (AMCs) are coming up with new categories of funds, diversifying…
Last Updated:June 12, 2025, 08:34 is UPI Charges News: MDR is a fee that banks typically charge merchants for processing payments instantly. Fin Ministry denies claims that MDR will be charged on high-ticket transactions soon. UPI Charges News: Rumours on social media have been swirling that the Unified Payment Interface (UPI) might become more expensive…
Last Updated:May 30, 2025, 11:44 is A survey by the Ministry of Statistics and Programme Implementation reveals that 85.5 per cent Indian households own at least one smartphone, while 99.5& Indian youth now use UPI The volume of digital payment transactions in India increased by 34.8 per cent year-on-year, driven largely by UPI. (AI Generated)…
New Delhi: Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as on September 2024, according to the Reserve Bank of India’s (RBI) index that measures the adoption of online transactions, according to a Central Bank statement. The RBI’s Digital Payments Index (RBI-DPI) for September 2024 stands at 465.33 up…
Last Updated:January 11, 2025, 12:41 AM IST On digital payments, PM Modi says, ‘Today, in just thirty seconds, I can directly transfer money into the accounts of 100 million farmers. Today, I can send subsidy to 130 million cylinder consumers with just one click in 30 seconds.’ PM speaks on the podcast People With The…
UPI Apps New Rules: To make UPI payment more simple, major changes are going to happen in UPI Lite from November 1. Reserve Bank of India (RBI) has introduced auto top-up facility as well as UPI Lite to simplify the process. Has announced an increase in the transaction and wallet limit of Rs. 1000. Now…
New Delhi: Digital payments in India have registered a 12.6 per cent increase year-on-year with the RBI’s Digital Payments Index (RBI-DPI) rising to 445.5 at the end of March 2024 compared to 418.77 in September 2023 and 395.57 in March 2023. “The RBI-DPI index has increased across all parameters driven by significant growth in payment…
