UPI has surpassed Visa with 650m daily transactions: Amitabh Kant

Unified Payments Interface (UPI) has overtaken Visa to become the world’s leading real-time payment system, processing over 650 million daily transactions compared to Visa’s 639 million. This milestone, achieved in just nine years, underscores UPI’s rapid growth and potential as a global digital payments leader. Developed by NPCI, UPI dominates India’s electronic retail payments and … Read more

Crypto cold war heats up: As Pakistan, Bhutan, and US go all in, where does India stand? Report reveals how the world is weaponising blockchain

Amidst a global surge in crypto adoption, India’s regulatory uncertainty poses increasing risks. Pakistan strategically uses crypto to attract investment and potentially influence US relations, raising concerns about terror financing. Bhutan leverages Bitcoin for economic stability, while the US considers stablecoin regulation.

Gold market outlook: Prices to stay firm next week; risk aversion, weak dollar to fuel gains

Gold prices are poised to maintain their strength in the coming week, bolstered by increased global risk aversion and a weak US dollar. Trade-related developments and key US data releases, including CPI and retail sales figures, will be closely monitored by investors. Analysts suggest that renewed trade tariff concerns and geopolitical tensions could further fuel … Read more

‘Sooner or later…’: Paytm founder sees impact of AI on jobs as ‘inevitable’; says artificial intelligence will also create new roles

Paytm founder Vijay Shekhar Sharma predicts AI’s inevitable integration into business, even as CFO. He envisions AI automating tasks, urging focus on core product development as Paytm transitions into an AI-first company. Despite recent layoffs partly due to RBI restrictions, Paytm is innovating with AI, including a rap song expense tracker.

US tariffs: Mexico calls Trump’s 30% duties ‘unfair’; EU warns of supply chain disruption

Donald Trump’s threat to impose 30% tariffs on EU and Mexican exports from August 1 has sparked strong reactions. Ursula von der Leyen criticized the move, vowing countermeasures to protect EU interests while remaining open to negotiation. Mexico rejected the tariffs as unfair, signaling a willingness to continue dialogue despite the looming trade conflict.

US tariffs: Trump announces 30% duties for EU and Mexico; cites fentanyl crisis and trade deficits as the reason

Donald Trump announced a 30% tariff on all goods imported from Mexico and the European Union, effective August 1, 2025. He cited Mexico’s insufficient efforts to combat drug trafficking and persistent trade imbalances with the EU as justification. Trump suggested the tariffs could be avoided if companies relocate manufacturing to the United States, promising expedited … Read more