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The digital payment service PhonePe, (Representational Image) | Photographer: Samyukta Lakshmi | Bloomberg

UPI’s rapid growth proves India can build world-class payments infrastructure from scratch

Three years ago, even banks did not give Modi govt's Unified Payments Interface much odds of success. Now, UPI is one of the fastest-growing payment platforms in the world.
File photo of people lining up outside an HDFC Bank ATM| Bloomberg

HDFC’s continuing digital glitch keeps customers locked out, and even some business

HDFC could take a hit with customers being unable to login into the netbanking website and app since Monday.

On Camera

Illustration: Soham Sen | ThePrint

Modi govt is embracing some discarded Congress policies. But they won’t work even now

Policies like deficit monetisation, loan restructuring, higher tariffs and import licencing have been brought back to combat the economic fallout of Covid-19.
In Gujarat, BJP hopes to retain power in the name of ‘chief minister’ Narendra Modi

The Modi magnifier

PM Narendra Modi | ANI

If Modi wins on Sunday

According to the forecast, rupee will reach 67.5 per dollar by end of September and 67 by end of 2018 I Dhiraj Singh/Bloomberg

Offer cashback, relax KYC norms to check decline in remittances, suggests WEF paper

Remittances, or the money overseas citizens send back to their home country, are expected to contract 20% in 2020 on account of Covid-19, according to a World Bank report.

Defence

Women recruits at the Corps of Military Police Centre and School in Bengaluru

Army begins process to recruit second batch of 100 women soldiers for military police

Army intends to induct 1,700 women recruits in the military police by 2036, increasing the percentage of women in the cadre to 20 over 17 years.
Illustration: Soham Sen | ThePrint

Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version

Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.