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Monday, September 29, 2025
TopicDigital transactions

Topic: digital transactions

All bets off as online gaming bill shakes industry & key players suspend ‘gambling’ on their platforms

The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation. 

Over six-fold spike in digital transactions since 2019-20, govt informs Parliament

Govt says digital payments also uplift under-served communities by providing them financial footprint that can be used to assess credit worthiness in absence of traditional documents.

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

Bodoland poll loss a wake-up call for Assam BJP. How Zubeen’s death puts Sarma in a tight spot

Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

India looks to procure more S-400/S-500 air defence systems from Russia

The 2018 contract with Russia for 5 S-400 systems had a follow-on clause for 5 more. S-400 was described as a 'game-changer' for shooting down 5 Pakistan fighter jets during Op Sindoor.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.