Parliamentary panel flags need for viable revenue model to sustain UPI growth

Parliamentary panel flags need for viable revenue model to sustain UPI growth

A Parliamentary panel has highlighted a structural funding gap in the government’s incentive scheme for RuPay debit cards and low-value BHIM-UPI person-to-merchant (P2M) transactions, urging the need for a sustainable revenue model to ensure the long-term growth of the UPI ecosystem. The Standing Committee on Finance noted that while the government has allocated ₹2,000 crore…

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Army gets delivery of 'hundreds of kamikaze drones' from Gujarat firm under emergency purchase

Army gets delivery of ‘hundreds of kamikaze drones’ from Gujarat firm under emergency purchase

NEW DELHI: A Gujarat-based deep-tech drone company has delivered “hundreds of kamikaze (suicide or self-destruct) drones” to Indian Army as part of a Rs 10 crore contract with the defence ministry.The contract with Surat-based InsideFPV was signed last Dec, and the consignment of drones was sent to the Army within a two-month timeframe via emergency…

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Closing Bell | Markets end near day’s high; bank stocks power Nifty above 22,950

Closing Bell | Markets end near day’s high; bank stocks power Nifty above 22,950

Indian equities extended their winning streak for a third straight session, recovering sharply and ending near the day’s high amid improving global cues linked to West Asia developments. The Sensex rose 787 points to close at 74,107, while the Nifty gained 255 points to settle at 22,968, reclaiming the 22,950 mark. Broader markets outperformed, with…

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Jan Dhan scale, APY persistency and rising senior pension subsidy: Parl panel flags gaps in inclusion schemes

Jan Dhan scale, APY persistency and rising senior pension subsidy: Parl panel flags gaps in inclusion schemes

A Parliamentary panel has highlighted key challenges across several financial inclusion schemes, pointing to account inactivity under Pradhan Mantri Jan Dhan Yojana, contribution discontinuation in Atal Pension Yojana, and a rising subsidy burden for the senior citizen pension scheme Pradhan Mantri Vaya Vandana Yojana. In its review of the Department of Financial Services, the Department-related…

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Houston Texans: NFL Trade Rumors: Houston Texans eye $5M former Cleveland Browns star CB after brutal setback last season | NFL News

Houston Texans: NFL Trade Rumors: Houston Texans eye $5M former Cleveland Browns star CB after brutal setback last season | NFL News

Houston Texans eye $5M former Cleveland Browns star CB after brutal setback last season.(Image via NFL.com) The Houston Texans had a rocky start in the last season but recorded a pretty strong performance later as it ended the season with 12 wins and just 5 losses.The 2025 season marked one of the most successful seasons…

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S Jaishankar: Jaishankar to Iran counterpart: Back efforts to stop war | India News

S Jaishankar: Jaishankar to Iran counterpart: Back efforts to stop war | India News

NEW DELHI: Referring to the importance of efforts to restore stability and security to the West Asia region, external affairs minister S Jaishankar stressed India’s support for ongoing regional and international efforts to stop the war in a conversation with his Iran counterpart Seyed Abbas Araghchi, according to an Iranian readout released Monday.Apart from Araghchi,…

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Judiciary graft chapter: 3 academicians move Supreme Court against NCERT association ban | India News

Judiciary graft chapter: 3 academicians move Supreme Court against NCERT association ban | India News

New Delhi: Three academicians engaged by NCERT as experts – Prof Michel Danino, Suparna Diwakar and Alok Prasanna Kumar – whom the Supreme Court banned for life “for projecting a negative image of judiciary” by mentioning about corruption in judiciary in a Class 8 textbook, approached the apex court Monday seeking a review of the…

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