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Paytm’s parent company One 97 Communications has released the results for the third quarter (Q3) of the financial year 2025-26. The consolidated net profit of the company has increased to Rs 225 crore on annual basis. The company had suffered a loss of Rs 208 crore in the same quarter last year. The company’s revenue…
India’s Unified Payments Interface (UPI) is heading for its strongest month ever, with average daily transactions in October surging to Rs 94,000 crore, up 13 per cent from September, according to data from the National Payments Corporation of India (NPCI). With more than a week left in the month, UPI is on course to record…
India’s Unified Payments Interface (UPI) has made its way to Qatar, marking another milestone in India’s global digital outreach. Union Minister of Commerce and Industry Piyush Goyal launched the service at Lulu Hypermarket in Doha, enabling seamless, real-time and low-cost digital transactions between India and Qatar. Expanding India’s digital reach Speaking at the launch event,…
New Delhi: The FASTag ecosystem has immense potential, not just for tolling, but as a foundation for seamless digital travel experiences across the country, said Nitin Gadkari, Union Minister for Road Transport and Highways. According to the minister, through collaboration with fintechs and other stakeholders, “we aim to expand the utility of FASTag into a…
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday urged fintech companies to focus more on rural India, saying it is not just a developmental need but also a big business opportunity. In her address at the Digital Payments Awards 2025 here, the minister said that the next wave of fintech innovation should come from villages…
Last Updated:May 23, 2025, 13:59 is The University of Wollongong India will close admissions for its July 2025 session at the GIFT City campus on June 27. The orientation for new students will take place from 7 to 13 July 2025. (Representative/Shutterstock) The University of Wollongong (UOW) India has announced that admissions for the July…
Instant Loan Apps Under Tax Scrutiny: I-T Notices Sent to 40 Fintech Firms Source link [ad_3]
New Delhi: The National Payments Corporation of India (NPCI) is set to introduce a new product on UPI that works like a credit card. The RBI has allowed banks to offer credit lines to customers through UPI. Several banks, including Axis, HDFC, ICICI, Indian Bank, and PNB, are already using this product. Customers get a…