Finance Minister of Ethiopia, Ahmed Shide, received Randeep Sarai, Canada’s Secretary of State for International Development, ...

India has emerged as the global leader in fast payments, according to a note by the International Monetary Fund, "Growing ...

Dubai-based Al-Futtaim is buying a 49.95 per cent stake in Saudi Arabia’s retail group Cenomi for 2.5 billion Saudi riyals ($666 million) as the company aims to expand in the Arab world’s largest ...

India leads global fast payments with UPI, processing over 18 billion transactions monthly, driving financial inclusion and ...

UPI accounts for 85% of all digital payments in India, connecting 491 million users, 65 million merchants, and 675 banks on a ...

India is now a global leader in fast payments and theUnified Payments Interface (UPI)is the main driver, as per the InternationalMonetary Fund(IMF).

India has become the front-runner in fast payments with its Unified Payments Interface (UPI) system, handling over 18 billion monthly transactions. Launched in 2016, UPI accounts for 85% of India's ...

In the week ending July 11, foreign currency assets, major constituent of the forex reserves, fell $2.477 billion to $588.81 ...

India's foreign exchange reserves fell by $3.06 billion to $696.67 billion for the week ended July 11, marking the second ...

This recent slump follows a $3.049 billion slip in the previous week, bringing the total reserves down from a high of $699.736 billion.

At the core of this transformation is the Unified Payments Interface (UPI)—a groundbreaking system launched in 2016 by the ...