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Saturday, March 28, 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

West Asia conflict bolsters Asim Munir’s grip on Pakistan’s power structure

The few anti-Army civilians in Pakistan, who once saw red with the institution over its treatment of Imran Khan, have now reached a consensus — Asim Munir has made Pakistan a global player.

Indian govt says will borrow Rs 8.2 trillion in first-half of next fiscal year

The administration trimmed its gross borrowing program to 16.09 trillion rupees from 17.2 trillion rupees announced in the budget on Feb. 1.

India greenlights procurement of 5 more S-400 air defence systems from Russia

In FY 2025-26, AoN for 55 proposals amounting to Rs 6.73 lakh cr has been accorded by DAC. Both the quantum of AoN given and capital contracts signed, so far, have been the highest in any FY.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.