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