Maintenance to impact transactions on multiple platforms, including GPay and Paytm
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Google has debuted Gemini live in Hindi and 8 other Indic languages, flexing its ascendancy in AI and also showing a key India focus at Google for India
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Walmart-owned PhonePe recorded 7.23 billion UPI transactions worth Rs 10.33 lakh crore, securing the top spot in India's digital payments market
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In terms of transaction value, the market is expected to nearly double during this period, expanding from INR 265 trillion to Rs 593 trillion by FY 2028-29
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In a meeting in New Delhi on Tuesday, Department of Financial Services (DFS) Secretary Dr. Vivek Joshi chaired a meeting where initiatives such as CKYC, the Jan Samarth portal, Aadhar seeding, and other relevant schemes were reviewed.
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The RBI report further adds "Fast Payment System (FPS) collaboration with group of countries like EU and SAARC, as well as multilateral linkages will be explored".
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Adani Group is considering providing online shopping services through the Open Network for Digital Commerce (ONDC), as per media reports
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Hyderabad has the highest personal monthly income at Rs 44,000
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