/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The latest digital spend numbers released by NPCI reveal stress in both consumption and household finances. Will the incongruence with the government’s narrative make this exercise a one-off?
The National Payments Corporation of India, an umbrella organization for operating retail payments and settlement systems in India, has for the first time put out data on Unified Payments Interface transactions by merchant codes.
Why is this significant? Because hitherto, UPI transactions—85% of digital payments—were presented only in aggregated form. These aggregated numbers were good for chest-thumping about the growth of digital payments in India, but little else.
Now, with the breakup by merchant codes, we can figure out how India is spending. More vitally, a trend over time can reveal a lot about how the economy is …
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
Slowing growth, weakening store metrics and a puzzling fundraise point to the retailer losing some of its post-Zudio sheen.
