80% of digital payments now come from UPI: RBI Governor
Mon, Mar 4, 2024 5:50 PM

80% of digital payments now come from UPI: RBI Governor

A Flip by Riya Sharma
Get it on Google Play
The share of UPI in digital payments has reached close to 80 percent in 2023, Reserve Bank of India Governor Shaktikanta Das said on March 4. The governor was speaking at the RBI headquarters in Mumbai during the central bank’s Digital Payments Awareness Week program. "The flagship of our payment systems, the ‘UPI’, has become the most talked about fast payment system not only in India.

More great flips

Marico share price tank nearly 20% from 52-week high; what’s the way ahead?

Marico share price tank nearly 20% from 52-week high; what’s the way ahead?

Stock Check: Marico share price slumped nearly 20% from its 52-week high level of ₹719.85, which was recorded on 3 October 2024. The Mumbai-based company is a top Indian FMCG company that exports to more than 25 countries. The company’s range of products consists of brands like Parachute, Saffola, and Livon. Marico share price has corrected nearly 12% in the last three months.

Open Flip
Bullish on solar, not keen on FDRE: NTPC CMD Gurdeep Singh

Bullish on solar, not keen on FDRE: NTPC CMD Gurdeep Singh

NTPC Green will primarily invest in solar capacities to reach its 60 GW renewable energy target, which it plans to achieve two years in advance by 2030, said NTPC Ltd CMD Gurdeep Singh. “We are more bullish on solar than wind energy. This is because solar is available throughout the year, about 340 days a year. On the other hand, wind is available in some parts of the country."

Open Flip
Steel Secretary says industry's concerns under 'active consideration'

Steel Secretary says industry's concerns under 'active consideration'

India's steel sector faces profitability concerns due to dumping, depressing global prices, and may require an anti-dumping duty. Industry inventory levels have increased from 15 to 30 days, driven by a 41% year-on-year surge in imports in H1FY25. To avoid becoming a net importer by 2030, India needs Rs 10 lakh crore in private investment to increase capacity by 120 million tonnes.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon