#upi

UPI Services Disrupted Again in India, Third Major Outage Hits Digital Transactions in a Month
In yet another setback to India’s rapidly growing digital economy, UPI (Unified Payments Interface) services across the country suffered a major disruption on Saturday morning. This marks the third significant outage in less than a month, severely impacting users and businesses who rely on the platform for quick and seamless financial transactions. Saturday’s outage left countless users stranded, unable to send or receive money through popular UPI-enabled apps such
UPI Services Disrupted Again in India, Third Major Outage Hits Digital Transactions in a Month
In yet another setback to India’s rapidly growing digital economy, UPI (Unified Payments Interface) services across the country suffered a major disruption on Saturday morning. This marks the third significant outage in less than a month, severely impacting users and businesses who rely on the platform for quick and seamless financial transactions. Saturday’s outage left countless users stranded, unable to send or receive money through popular UPI-enabled apps such

PM Modi Proposes UPI Integration, Chamber of Commerce & Maritime Centre at BIMSTEC Summit 2025
Bangkok, April 4 — At the 6th BIMSTEC Summit, Indian Prime Minister Narendra Modi unveiled several bold proposals aimed at enhancing regional cooperation, economic integration, and disaster resilience among the seven member nations of BIMSTEC—India, Bangladesh, Bhutan, Nepal, Myanmar, Sri Lanka, and Thailand. UPI Integration Across BIMSTEC In a major push toward financial connectivity, PM Modi proposed linking India’s UPI (Unified Pa
PM Modi Proposes UPI Integration, Chamber of Commerce & Maritime Centre at BIMSTEC Summit 2025
Bangkok, April 4 — At the 6th BIMSTEC Summit, Indian Prime Minister Narendra Modi unveiled several bold proposals aimed at enhancing regional cooperation, economic integration, and disaster resilience among the seven member nations of BIMSTEC—India, Bangladesh, Bhutan, Nepal, Myanmar, Sri Lanka, and Thailand. UPI Integration Across BIMSTEC In a major push toward financial connectivity, PM Modi proposed linking India’s UPI (Unified Pa

New Financial Year 2025 Begins: Major Changes in Tax, Banking, and Investment Rules from April 1
As the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1. 1. Higher Income Tax Exemption Limit
New Financial Year 2025 Begins: Major Changes in Tax, Banking, and Investment Rules from April 1
As the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1. 1. Higher Income Tax Exemption Limit

NPCI Rule Update: Banks to Remove Inactive Mobile Numbers from UPI IDs by March 31, 2025
Many users have faced difficulties in removing old or inactive mobile numbers linked to their UPI ID, leading to security risks and potential fraud. However, a new directive from the National Payments Corporation of India (NPCI) will simplify this process. By March 31, 2025, all banks and Payment Service Providers (PSPs) offering UPI services must update their databases to automatically remove inactive or recycled mobile numbers. The new rule is aimed at reducing errors and fraud that may ari
NPCI Rule Update: Banks to Remove Inactive Mobile Numbers from UPI IDs by March 31, 2025
Many users have faced difficulties in removing old or inactive mobile numbers linked to their UPI ID, leading to security risks and potential fraud. However, a new directive from the National Payments Corporation of India (NPCI) will simplify this process. By March 31, 2025, all banks and Payment Service Providers (PSPs) offering UPI services must update their databases to automatically remove inactive or recycled mobile numbers. The new rule is aimed at reducing errors and fraud that may ari

EPFO to Enable EPF Withdrawals via UPI for Faster Fund Transfers
The Employees’ Provident Fund Organisation (EPFO) is set to introduce a major digital upgrade by allowing employees to withdraw their provident fund (EPF) claims using the Unified Payment Interface (UPI). This move is part of the Indian government’s broader initiative to enhance digital financial transactions and streamline fund disbursements for millions of subscribers. The feature is expected to launch in the next two to three months as EPFO collaborates with the National Paymen
EPFO to Enable EPF Withdrawals via UPI for Faster Fund Transfers
The Employees’ Provident Fund Organisation (EPFO) is set to introduce a major digital upgrade by allowing employees to withdraw their provident fund (EPF) claims using the Unified Payment Interface (UPI). This move is part of the Indian government’s broader initiative to enhance digital financial transactions and streamline fund disbursements for millions of subscribers. The feature is expected to launch in the next two to three months as EPFO collaborates with the National Paymen

RBI Allows UPI Payments Through Third-Party Apps for Digital Wallets
The Reserve Bank of India (RBI) has made a significant change to the Unified Payments Interface (UPI) system by enabling UPI payments between verified digital wallets, also known as Prepaid Payment Instruments (PPIs), and third-party UPI applications. This new directive will allow users of digital wallets to make and receive UPI payments via any third-party UPI app, rather than being limited to the wallet’s own mobile application. The move is aimed at enhancing interoperability within t
RBI Allows UPI Payments Through Third-Party Apps for Digital Wallets
The Reserve Bank of India (RBI) has made a significant change to the Unified Payments Interface (UPI) system by enabling UPI payments between verified digital wallets, also known as Prepaid Payment Instruments (PPIs), and third-party UPI applications. This new directive will allow users of digital wallets to make and receive UPI payments via any third-party UPI app, rather than being limited to the wallet’s own mobile application. The move is aimed at enhancing interoperability within t

Countdown to NASA's Europa Clipper Mission: Launch Delayed by Hurricane
The countdown has officially begun for NASA's Europa Clipper mission, now scheduled to launch on Monday after a delay caused by Hurricane Milton, which impacted Florida last week. The storm resulted in damage to parts of NASA's Kennedy Space Center, but preparations have resumed for this ambitious mission. The Europa Clipper spacecraft will embark on an extraordinary journey, traveling 1.8 billion miles (2.9 billion km) to reach Jupiter, with an anticipated arrival in April
Countdown to NASA's Europa Clipper Mission: Launch Delayed by Hurricane
The countdown has officially begun for NASA's Europa Clipper mission, now scheduled to launch on Monday after a delay caused by Hurricane Milton, which impacted Florida last week. The storm resulted in damage to parts of NASA's Kennedy Space Center, but preparations have resumed for this ambitious mission. The Europa Clipper spacecraft will embark on an extraordinary journey, traveling 1.8 billion miles (2.9 billion km) to reach Jupiter, with an anticipated arrival in April