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Thursday, October 2, 2025
TopicUPI transactions

Topic: UPI transactions

What can countries with high transaction cost on remittance do? Adopt an Indian method

The high transaction cost on remittances amounts to an additional tax on cross-border movement of incomes. For 2023, roughly $41 billion was spent on just transaction costs.

India’s UPI & Singapore’s PayNow launch a real-time link for cross-border payments

This is the first such for the South Asian nation that is the world's biggest recipient of remittances. Transfer of funds will now be possible using just mobile phones.

India must re-think the zero-charge regime for digital transactions. Try this tiered approach

The current cross-subsidy disincentives quality of service and will impact ease of living in the longer term.

On Camera

Why Modi’s supporters fear ‘proud Hindu’ MK Gandhi and venerate his murderer Godse

Every Gandhi Jayanti, we witness a contradiction in Hindutva position — PM Modi hails ‘beloved Bapu’ while his supporters attack and abuse him.

Nodal officers to fast-tracking NOCs, Kerala govt’s heeding investor concerns, and it means business

As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.

Finnish giant ICEYE to build signature radar microsatellites in India, offers full control to govt

Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.

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.