As India steps into 2026, a series of significant financial and regulatory changes will come into force from January 1, directly influencing household expenses, borrowing costs, and everyday banking. These updates span fuel pricing, credit systems, loan interest rates, and digital finance, making it crucial for consumers to understand how their monthly budgets may be...
Unified Payments Interface (UPI) services experienced a widespread outage across India on Thursday evening, disrupting digital transactions for thousands of users and causing chaos for businesses reliant on cashless payments. This marks the fourth major UPI disruption in 2025, raising concerns about the reliability of the nation’s most widely used payment platform. The issue began...
Reserve Bank of India (RBI) Governor Sanjay Malhotra has clarified that he never stated that Unified Payments Interface (UPI) cannot remain free forever. Speaking at the post-RBI policy conference, Malhotra said, “I want to clarify that I never said UPI can’t remain free forever. There are costs, and these costs have to be paid by...