Wednesday, January 11, 2023

NRIs From 10 Countries Will Soon Be Able to Do UPI Fund Transactions Using International Numbers

The NPCI has permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts. The National Payments Corporation of India (NPCI) in a circular said it has been receiving requests for allowing non-residents to use international mobile numbers for transacting in Unified Payments Interf...

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Car sales lose pace in June, SUVs stay in front

Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent...