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News india Why Was UPI MDR Introduced? Finance Ministry Explains Govt’s Logic, Dismisses ‘US Pressure’ Claim Last Updated:September 17, 2026, 1:51 PM IST The ministry described allegations that MDR had been introduced because of external influence as “patently false and misleading” The Finance Ministry said the 30 per cent market-share mandate could not be implemented…
New Delhi: The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, the Finance Ministry said on Saturday. The ministry, in a social media post on X, stated that the UPI transaction figures showcase its transformative impact on financial transactions in India.With a social…
New Delhi: The inauguration of a new runaway in the Maldives built under an airport redevelopment project assisted by India and the official launch of the RuPay card in the island nation on Monday are aimed at boosting economic ties and tourism cooperation between the two countries. Prime Minister Narendra Modi and Maldivian Mohamed Muizzu…
New Credit Card Rules On UPI: The National Payments Corporation of India (NPCI) has directed all banks issuing RuPay credit cards to make an upgrade in the rewards points, features, and benefits on UPI transactions. Notably, RuPay credit cardholders will experience an upgrade from today September 1. However, the decision will aim to standardise the…
New Delhi: The State Bank of India has introduced a new FASTag design which is aimed at addressing the misuse of smaller vehicle tags on larger vehicles to avoid higher toll charges. This updated FASTag is specifically designed for Vehicle Class-4 (VC-04) which encompasses cars, jeeps and vans, as reported by Economic Times. The new…