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Sunday, June 21, 2026
TopicUPI

Topic: UPI

UPI isn’t a payment system anymore. It’s India’s GDP tracker

UPI data shows how 350 million people spend and transact in India every month. The question is whether India's statistical establishment is treating it with the seriousness it deserves.

Indian AI firms staring at a structural trap—building on open-source models that will soon plateau

Being shut out of open-source models and Clouds that belong to someone else is a real possibility, they say, raising spectre of 'cognitive colonialism' and lack of AI laws.

Agenda for Modi’s Malaysia visit: UPI, potential Dornier order & ASEAN-India trade pact review

This will be Modi’s first foreign visit in 2026. Malaysia is India’s third-largest ASEAN partner, with bilateral trade at $19.85 billion in FY25.

Beyond electricity and exports—how should India actually check GDP growth now?

If growth is genuine, it should be observable across multiple dimensions. If it is not, early acknowledgment allows for policy adjustments.

UPI has grown beyond start-up stage. It must power India’s grand strategy

The UPI can serve as a turning point in India’s engagement with a world that is collapsing under the weight of great power politics.

Digital wallets are making sure that Indian students get their scholarship on time

Scholarship disbursement was once a long, drawn-out process involving paperwork and months of back and forth has been drastically cut down using Digital Public Infrastructure.

‘Mujhe EMI bharna hai’—how voice tech is bringing millions of Indians into banking system

Using icons and speech, AI-enabled voice apps like Hello Ujjivan and Bhashini are building a new bridge to banking for India’s 18 crore low-literate citizens.

India, Russia in ‘active discussion’ over RuPay & MIR mutual transactions

This will make RuPay one of the few international payment systems to be active in Russia. Moscow has faced a number of sanctions by Western countries since the war with Ukraine.

Fact Check: No tax on regular UPI payments, 1.1% charge only on PPI instruments like digital wallets

An X user claimed that starting rom 1 April, transfers above Rs 2,000 via UPI will be taxed. The 1.1% tax has been applicable only on Prepaid Payment Instruments since 2023.

India’s UPI hits historic milestone with 16.58 billion transactions in October

According to PIB, the digital payment platform processes ₹23.49 lakh crores worth of transactions in a single month.

On Camera

Judge’s Tinder scam shows one thing. Shame is the biggest obstacle to investigation

Even when victims file a case chats are deleted, facts are selectively disclosed and relationships are described incompletely. All the embarrassing but crucial details are omitted.

India’s Russian oil imports set to hit all-time high this month, ahead of Iran crude comeback

Kpler data shows India's Russian oil imports are on track to reach 2.25 mbpd in June 2026, as prospects of Iranian crude returning to India grow after US-Iran agreement.

SMPP partners with Europe’s KNDS to build loitering munitions in India amid growing military demand

Under the agreement, the loitering munitions will be offered to the Indian Army as part of efforts to address what the companies described as an ‘urgent requirement’.

Why many parties break up when out of power and some don’t

Ideology keeps parties together, or the glue of power. Without either, you face the ongoing defections at an industrial scale.