'Our focus would be to onboard top 100 merchants in top 10 different segments.'
Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year.
'Money moves in a web of transactions and payment addresses keep changing for offshore companies, which requires heightened monitoring measures.'
A Pakistan that is more secure in its relations with the US is also one that might well wish to indulge in another cross-border misadventure.
'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'
'The essence of RMG is that users participate in skill-based games for financial reward, so this law would directly affect this operating model for both users and gaming companies.'
'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'
What has surprised the industry is that the Bill has been tabled without any consultation. Critics warn the ban on real-money gaming could fuel black markets, endanger 200,000 jobs and billions in tax revenue.
Indian game studios managing to make money out of casual games just show how the Indian gamer is ready to spend money on games.
Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.
'The overall well-being of the pilots should be at the top of any airline's agenda in such situations.'
Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent.
'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'
'This (crash) is one of those times where there is no concrete explanation yet for what happened. I think that adds to my parents' worry.'
As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau. Rau's net worth is estimated at Rs 850 crore-1,000 crore following the IPO.
Bike-taxi drivers are also left stranded as many depended on the service.
'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.
In 2024, Pakistan shelled out $10.2 billion in defence spends.
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