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Saturday, March 7, 2026
TopicCashless economy

Topic: Cashless economy

How digital currency can lift gross national happiness in Bhutan

Bhutan central bank’s desire to take cash digital could create opportunities for blockchain-based decentralised finance. It may leave people happier than they are now.

Covid has brought payment by cash down by 50% in 2020, says survey

Survey says that while demonetisation brought digital payments into mainstream, GST enabled it further, but it is the Covid-19 pandemic that has really accelerated it.

Coronavirus succeeds where demonetisation failed as Indians dump cash for digital payments

Value of UPI transactions reached all-time high June as people feared handling banknotes amid the pandemic. Electronic fund transfers have also rebounded.

Modi’s demonetisation will be of use during the coronavirus lockdown

Modi govt's overnight, ill-conceived, egotistic decision that left lakhs of people jobless and paralysed India’s informal economy 3 yrs ago may just give some returns.

India has a long way to go to squeeze cash out of the economy & become digital

Despite open model & multitude of competitors in digital payments, 72% of India’s consumer transactions take place in cash, double the rate in China.

India going cashless could have a happier ending in Modi’s second term

India’s UPI mobile payments has taken off and put the country ahead of even Asian money centres like Singapore & Hong Kong.

On Camera

Iran could be a ‘forever war’ if the Kurds join the fight

The US has turned to the Kurds whenever it has needed allies on ground— in Iraq, in Syria, & now perhaps in Iran. Rarely has it worked out well, either for them or the region.

Maharashtra Budget: Fadnavis hands farmers another loan waiver even as 6 lakh await benefits of 1st one

Other key promises in the budget include AI- and other technology-enabled services for farmers and continuation of the Ladki Bahin Yojana, which will have the same outlay. 

Iranian naval ship Lavan with crew of 184 docked in Kochi same day US torpedoed IRIS Dena

IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.

Trump brings the Age of Humiliation for friends. Modi needs stoicism abroad, humility at home

Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.