Wednesday, July 30, 2025

Creating liberating content

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20

The Indian Banks’ Association’s proposal for a five-day work week

Piotr Swat | Lightrocket | Getty Images Palo Alto Networks

Related News

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit

The Indian Banks’ Association’s proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan

Piotr Swat | Lightrocket | Getty Images Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership

The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance

Trending News

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership

Pakistan’s government is moving swiftly toward integrating cryptocurrency into its financial ecosystem, aiming to bring digital currencies into mainstream banking, forex operations, and gold trading, according to a Wednesday media

The EU sanctions against Russia are expected to have significant implications for Indian refiners, according to a recent ICRA report.On July 18, the EU implemented its 18th sanctions package against

Nayara’s lawyer told a New Delhi court today that the services have been restored by Microsoft. EU sanctions on Russia: Global IT giant Microsoft has restored IT services to Russia-backed

Online payment: UPI transactions get faster; time reduced from 30 seconds to 10

Word Count: 606 | Estimated Reading Time: 4 minutes


Online payment: UPI transactions get faster; time reduced from 30 seconds to 10

Prefer paying online but annoyed by the time digital transactions take? There’s good news for you. Starting Monday, UPI payments have become significantly faster, with transactions, balance checks, and reversals now processing in just 10 to 15 seconds, down from the earlier wait time of up to 30 seconds.The time to validate a payee’s address in a UPI transaction will now be trimmed down to just 10 seconds from the previous 15.This sharp cut in response times across key UPI services follows a directive from the National Payments Corporation of India (NPCI). Effective since June 16, this move is part of NPCI’s latest push to improve user experience on the country’s most widely used digital payments platform.In another change, users will now be allowed to check their bank balance via UPI apps up to 50 times a day. Until now, there was no set limit on the number of balance inquiries.The new cap is designed to improve system efficiency and reduce unnecessary load on the network, an expert said, quoted by PTI.UPI, short for Unified Payments Interface, has seen explosive growth. In May alone, the platform processed 1,868 crore transactions, a 33% jump from a year ago. The total value exchanged stood at Rs 25.14 lakh crore, up 23%.To boost customer confidence and reduce risks, NPCI has directed UPI apps to display only the actual beneficiary’s name during transactions.Additionally, apps must disable any feature that lets users edit the ‘beneficiary name’ within the interface.All stakeholders in the UPI ecosystem are required to comply with these norms by June 30.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account