scorecardresearch
Wednesday, July 23, 2025
TopicDigital transactions

Topic: digital transactions

India’s dominance in digital transactions is country’s new identity, says PM Modi

PM Modi said in the last 4 years, a direct transfer of Rs 2.5 lakh crore has been made into farmers' bank accounts under PM-KISAN scheme without interference by any middlemen.

Make recharge and bill payments easier via MobiKwik

All payment methods available in MobiKwik: credit cards, debit cards, UPI, Net banking, MobiKwik ZIP - Pay Later give you a perfect replacement for cash.

Trade in rupee can’t afford speed breakers from govt. RBI also needs to take care of a hitch

While RBI move to allow export/import to be invoiced in Indian rupee will solve some problems, there is no guarantee it will circumvent payment issues with Iran or Russia.

Before RBI launches digital rupee, it must clear for Indians what the incentives are

RBI should be mindful of four key aspects as it lays the foundation for a digital rupee architecture.

PhonePe & Google Pay reach saw steep growth in rural India during pandemic, industry study shows

Between April 2020 and September 2021, PhonePe's monthly transaction value rose to Rs 3 lakh crore from Rs 0.6 lakh crore while Google Pay experienced month-on-month growth of 7%.

Taxes without borders: Govt revises tax on digital transactions, but ambiguities remain

The expanded levy could address the drop in government revenues due to Covid, but the govt must clarify its applicability and enforcement mechanisms.

RBI scraps charges on bank transfers through NEFT and RTGS

RBI said it had scrapped the charges to boost digital funds movement, and instructed banks to pass on these benefits to customers.

Demonetisation data shows it failed on many counts, but had some long-term benefits

Since there were multiple objectives of demonetisation, one cannot completely say whether the experiment was a failure or a success.

On Camera

Defence, tech, education—Modi’s visit will boost India-UK ties

Given the immediate challenges on India’s borders, cooperation in the defence sector with partners such as the UK has achieved greater importance.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Indian firm sets up titanium, superalloy plants to meet global need. Safran, Dassault, BAE line up

PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.