It achieved its landmark transaction of 16.58 billion financial transactions valued at ₹23.49 lakh crore in October 2024. It is the landmark that proves the relevance of UPI in India’s path toward digitization and expansion of the payment infrastructure in the country. From its launch by the National Payments Corporation of India in the year 2016, UPI has brought about …
In an ambitious move to enhance technological infrastructure and foster innovation, the Rajasthan government is gearing up to build a state-of-the-art “hi-tech city” on the outskirts of Jaipur. This move is modeled after successful urban developments like the Gujarat International Finance Tec-City (GIFT) and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, both of which have become major hubs for …
This forms a new growth driver of its economy and transformation, and this development in India can be seen clearly with internet connectivity, mobile penetration, and the platforms of e-governance picking up at rapid speed. These changes have really marked a drastic turn in all three sectors in India’s digital landscape. This article will explore the complex web of India’s …