Automotive News & Trends

‘Someone has to pay’: RBI governor on MDR proposal for UPI transactions above Rs 2k

According to official estimates, the Rs 2,000 threshold would cover only around 5% of all UPI transactions, although these account for nearly 65% of the total value processed on the platform. As a result, routine purchases such as milk, vegetables, groceries, or payments for auto-rickshaws and taxis are unlikely to be affected. UPI processed 23.7 billion transactions worth Rs 29.9 lakh crore in July.

Times of India

1h ago

0 0

Discussion

Get the discussion rolling

A single comment can start something great.

No comments yet.

Be the first to share your take and keep the conversation moving.

Join the conversation

UPVOTERS

Community appreciation

See who found this content valuable and showed their support.

No upvotes yet.

Be the first to show your appreciation for this content.

TOPICS

Explore the same topics

Discover more content from the topics this post is mapped to.

bbc.co.uk

Police chief considers joining legal action over PC Harper kill…

Two of PC Andrew Harper's killers are set to be included in the government's early release scheme, which begins in October.

Anna Kok

2026-08-05 11:04

theguardian.com

El Niño could push 50m people into acute hunger before end of n…

UN forecasters warn of worsening conditions in 45 countries currently experiencing severe food insecurityAbout 50 million people are likely to be pushed into a…

The Guardian

2026-08-05 10:46

euronews.com

'I showed it our vegetables – it flew at me,' Ukrainian vendor …

A market trader in Kherson described how a Russian first-person-view drone chased him around his stall before exploding beside his van, in an attack Ukraine ha…

Euronews

36m ago

euronews.com

Fuego volcano eruption forces mass evacuations in Guatemala

Guatemala raised its alert to red and evacuated 659 people from eight villages after the Fuego volcano erupted on Monday, spewing lava fountains and pyroclasti…

Euronews

1h ago

channelnewsasia.com

6.3-magnitude earthquake hits off southern Philippines: USGS

Channel NewsAsia

1h ago

npr.org

MLS named LAFC co-owner Larry Berg as its next commissioner. He…

For their commissioner of the future, MLS owners chose a soccer native. Berg's team is seen as one of MLS's best-run franchises, and he has embraced rule chang…

NPR News

2h ago

Keep browsing

Explore more from this topic

Dive into the full feed of curated posts covering Automotive News & Trends.

Browse Topics

Continue exploring

Discover more content that aligns with your interests and this post.

timesofindia.indiatimes.com

Heavens won’t fall if all 6 Vande stanzas sung in madrassas: Ca…

The Calcutta High Court heard a public interest litigation challenging mandatory Vande Mataram stanzas. The court questioned the necessity of forcing students…

Fashion Luc

1h ago

timesofindia.indiatimes.com

Over 30 operatives killed by 'Indian agents' since 2020: LeT co…

Rizwan Hanif, a commander affiliated with Lashkar-e-Taiba, has alleged that Indian agents have systematically killed more than thirty individuals in different…

Digital Erik

5h ago

timesofindia.indiatimes.com

At last minute, Udhayanidhi taken to Sengipatti police stn for …

Udhayanidhi Stalin faced arrest over alleged remarks linked to actor Trisha. The Madras High Court directed his release on station bail after questioning. DMK…