BUSINESS
Payment industry disappointed with Rs 2,000 crore budget subsidy for UPI and RuPay debit card
The UPI transaction value growth has already dropped to 13 percent even though volume growth remains robust at around 28 percent
BUSINESS
Union Budget 2026: Nirmala Sitharaman announces Rs 2,000 crore UPI and RuPay subsidy
To promote the adoption of digital payments, the government mandated that UPI transactions remain free for users, and in return, it will compensate payment firms for the costs they bear to facilitate them
BUSINESS
Economic Survey 2025–26: UPI and Digital Payments widen the credit accessibility and financial inclusion
The platform is now embedded across grocery purchases, fuel payments, dining, local mobility, bill payments and a widening range of low-value merchant transactions.
BUSINESS
Rent payments make a comeback on payment apps, PhonePe stays out ahead of IPO
While some of the payment companies have restarted the rent payment with work-arounds and caution, IPO-bound PhonePe wants to stay away from any regulatory grey-area
BUSINESS
Union Budget 2026: Payment companies push for bigger subsidy, return of MDR
After a sharp shortfall in government compensation last year, payment firms are urging the Finance Ministry to hike the UPI subsidy and consider bringing back MDR for large merchants to sustain ecosystem growth.
TECHNOLOGY
PhonePe IPO: Walmart-backed firm’s UPI dominance, new riskier businesses and other risk factors from DRHP
In December, PhonePe processed close to 10 billion transactions worth over Rs 13.6 lakh crore through UPI platform
TECHNOLOGY
IPO-bound PhonePe's revenue rises 22% to Rs 3,918 crore, net loss widens to Rs 1,444 crore in H1FY26
Updated DRHP shows IPO to be a pure offer for sale with no fresh issue.
BUSINESS
Davos 2026: See deposit growth inching up from here as regulators and government help in liquidity, Axis Bank CEO Amitabh Chaudhry
Chaudhry warned that sluggish deposit growth could ultimately start impacting India's credit and economic growth
BUSINESS
WEF 2026: Bajaj General Insurance resolves 95% of customer grievances with Gen AI, says CEO Tapan Singhel
He also emphasised the critical need for constant training to counter the tendency of AIs to "hallucinate"
BUSINESS
PhonePe gets SEBI nod for India's second largest fintech IPO, likely to seek $15-billion valuation
The stage is set for PhonePe’s listing in the Indian stock markets as the company continues to reign in UPI payments segment with around 45 percent market share
BUSINESS
Any interest cap regulations on credit cards will have unintended consequences: Mastercard’s Ling Hai
He said that any interest rate caps will exclude high-risk consumers from formal credit, though fintech innovations could soften the blow
WORLD
World is confronted with Realpolitik as a result of the fragmented geopolitics: WEF’s Matthew Blake
Blake highlighted how a fragmented world, US tariffs, and proactive governments are straining alliances and reshaping the global financial system
BUSINESS
Groww trims derivatives reliance to 53% of revenue in Q3 amid diversification push
The company’s margin trading facility grew four times to Rs 2,307 crore in the December quarter from Rs 542 crore in the year-ago period
BUSINESS
US giant State Street Investment Management to pump in Rs 580 crore in Groww AMC
The capital infusion by the Boston-headquartered firm is set to boost the operations of Groww AMC, which manages the Groww Mutual Fund
BUSINESS
Razorpay-backed POPclub's UPI transactions slump as incentive pullback hits hard
The drop is partly tied to POP's decision to dial back cashback incentives that were deployed aggressively during the festival season to spur growth
BUSINESS
Flipkart’s fintech app super.money's UPI market share stays stagnant; here’s what it’s trying next
super.money said that it prioritises quality over quantity and it has one of the highest revenue per user among the top five UPI apps
BUSINESS
IPO-bound PhonePe nears 10 billion monthly UPI transactions
Newer UPI apps, Sachin Bansal-led Navi and Flikart Group’s super.money, along with NPCI’s subsidiary BHIM app, has gained market share over the last couple of years
BUSINESS
Why merchants prefer UPI Autopay despite a lower success rate than cards
Merchants are prioritising UPI Autopay over cards despite lower success rates, betting on its scale, lower costs and strong user adoption. As recurring payments surge, even partial execution through UPI Autopay delivers more value than higher-success but limited card mandates
BUSINESS
Digital payments hit year’s highest levels in December as consumer confidence returns after GST cuts
The notable exception to this trend was credit and debit card spending, which is online sales driven. The card spending has also been hit by UPI's popularity, which also hit record highs in December
BUSINESS
Cross-border payments gain momentum amid RBI push, exporter and freelancer demand
Large payment gateway players like Razorpay, Cashfree and newer startups are positioning themselves to capture this shift.
BUSINESS
The 2025 reset: Regulatory changes force diversification, resilience in India's brokerage sector
A structural reset in 2025 forced top brokers to shift away from derivatives reliance toward wealth creation, as retail investors embrace long-term, disciplined investing
BUSINESS
Why Indian brokerages want AI to analyse your portfolio, but not pick your stocks yet
AI is moving closer to the investor’s decision loop, promising faster analysis, personalised insights and conversational interfaces. At the same time, it raises unresolved questions around accountability, explainability and regulation.
BUSINESS
Google launches its first-ever credit card globally in India on RuPay, ties up with Axis Bank
Peers PhonePe and Paytm also have co-branded Rupay credit cards that can be linked to UPI for merchant payments.
BUSINESS
Fintech firm Niyo betting big on booming Indian travel to Asian countries: Founder Vinay Bagri
With offerings in forex cash, debit and credit options, along with a slew of travel-related products and services, Niyo looks to turn profitable in two years.
