Paytm's UPI transactions drop amid regulatory challenges
The Business Guardian|March 07, 2024
National Payments Corporation of India (NPCI) data revealed a decline in Paytm's Unified Payments Interface (UPI) transactions, with the fintech giant reporting approximately 1.33 billion transactions in February, marking a 7.6 per cent decrease from 1.44 billion transactions in January.
Paytm's UPI transactions drop amid regulatory challenges

The share of UPI payments processed by Paytm saw a reduction to less than 11 per cent in February, down from around 11.8 per cent in the previous month. This downward trend reflects a broader decline in Paytm's market share, which stood at 12.8 per cent in August last year.

Despite February being a shorter month, overall UPI volumes witnessed a marginal dip to 12.1 billion transactions compared to 12.2 billion transactions in January.

Diese Geschichte stammt aus der March 07, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der March 07, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE BUSINESS GUARDIANAlle anzeigen
PM Modi reaffirms India's commitment to Indo-pacific cooperation: Foreign Secy Misri
The Business Guardian

PM Modi reaffirms India's commitment to Indo-pacific cooperation: Foreign Secy Misri

After Prime Minister A Narendra Modi attended Quad summit in US, Foreign Secretary Vikram Misri said that prime minister emphasised India's commitment to cooperation, contact, and engagement for growth with various partners in the Indo-Pacific region.

time-read
2 Minuten  |
September 23, 2024
Jagan Reddy labels CM Naidu a "liar" in Tirupati prasad letter to PM Modi
The Business Guardian

Jagan Reddy labels CM Naidu a "liar" in Tirupati prasad letter to PM Modi

Attempts are being Amade by Chief Minister Chandrababu Naidu to \"irreparably tarnish the sanctity, integrity, and reputation\" of Tirumala Tirupati Devasthanams, former Andhra Pradesh CM YS Jagan Mohan Reddy wrote to Prime Minister Narendra Modi on the Tirupati Prasad adulteration row.

time-read
1 min  |
September 23, 2024
INDIA SIGNS KEY CLEAN ECONOMY AND IPEF AGREEMENTS
The Business Guardian

INDIA SIGNS KEY CLEAN ECONOMY AND IPEF AGREEMENTS

India signed landmark Clean and Fair Economy agreements under the IndoPacific Economic Framework (IPEF) NEW DELHI I ndia signed and exchanged first-of-its-kind agreements focused on the Clean Economy and Fair Economy under the IndoPacific Economic Framework (IPEF) on Saturday, during Prime Minister Narendra Modi's three-day visit to the United States for the Quad Summit.

time-read
2 Minuten  |
September 23, 2024
The Business Guardian

Sri Lankan elections commission orders second round of presidential vote counting

In an unexpected turn of events, Sri Lanka polls, Elections Commission Chairman RLAM Ratnayake announced a second preference count.

time-read
1 min  |
September 23, 2024
PM MODI: STRONG INDIA-JAPAN TIES ESSENTIAL FOR GLOBAL PROSPERITY
The Business Guardian

PM MODI: STRONG INDIA-JAPAN TIES ESSENTIAL FOR GLOBAL PROSPERITY

PM Modi and Japanese PM Kishida met at the Quad Leaders’ Summit to strengthen the India-Japan partnership

time-read
1 min  |
September 23, 2024
India focuses on unity and democratic values during PM Modi's US visit
The Business Guardian

India focuses on unity and democratic values during PM Modi's US visit

Among the overachAing messages from Prime Minister Narendra Modi's engagements during the Quad summit is the emphasis of India on minimizing conflict and division while leveraging democratic values to pursue development objectives, Foreign Secretary Vikram Misri said on Sunday.

time-read
2 Minuten  |
September 23, 2024
Ashwin hails miraculous comeback after victory over Bangladesh
The Business Guardian

Ashwin hails miraculous comeback after victory over Bangladesh

Following India's triumph over Bangladesh in the first Test in Chennai by 280 runs, veteran spinner Ravichandran Ashwin addressed the post-match press conference and commended Rishabh Pant's remarkable comeback.

time-read
2 Minuten  |
September 23, 2024
The Business Guardian

Fossil fuels to dominate energy mix as EV growth slows and clean energy faces hurdles: McKinsey Report

Despite the ongoing shift toward cleaner energy, fossil fuels will continue to play a major role in meeting global energy needs, accounting for 40 to 60 per cent of global energy supply by 2050 due to the slowerthan-expected adoption of electric vehicles (EVs) and challenges in scaling clean energy technologies, according to McKinsey report.

time-read
1 min  |
September 23, 2024
The Business Guardian

DFS secretary leads conference on recoveries, pendency, DRT 2024

In a move to improve the In ery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATS), M.Nagaraju, Secretary of the Department of Financial Services (DFS), chaired a conference of chairpersons of DRATS and presiding officers of DRTs in the capital on Saturday.

time-read
1 min  |
September 23, 2024
The Business Guardian

Reliance Foundation pledges up to USD 10 million to women in digital economy fund

Reliance Foundation has Reliance committed up to USD 10 million to the Women in Digital Economy Fund (WiDEF), a collaboration between the United States Agency for International Development (USAID) and the Bill and Melinda Gates Foundation (BMGF).

time-read
1 min  |
September 23, 2024