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RailTel Corp bags Rs 288-cr order from East Central Railway Lemon Tree Hotels signs new property in Rajasthan RVNL emerges as L1 bidder for order worth Rs 156 cr Hazoor Multi Projects bags steel fabrication contract for Versova Bandra Sea Link ICRA downgrades ratings of Fusion Finance to 'A-' with 'negative' outlook Bharti Airtel board OKs to acquire additional 5% stake in Airtel Africa Jio Financial, Zomato to become part of Nifty 50 index Lupin gets EIR from USFDA for New Jersey facility Granules India's board OKs to acquire 100% stake in Senn Chemicals AG Agarwal Industrial bags bitumen supply contract from BPCL Pfizer partners with Mylan for marketing of Ativan and Pacitane One MobiKwik to acquire 3.39% stake in Blostem Fintech Religare Enterprises surges after Burman Family secures majority control Mahindra & Mahindra Ltd leads losers in 'A' group FCS Software Solutions Ltd leads losers in 'B' group

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News on Indian Economy and Sectors, which have impacts in the market.

Digital transactions sustained broad-based growth momentum across payment modes in January

20-Feb-25 11:57 Hrs IST

The Reserve Bank of India - Digital Payment Index reached 465.3 in September 2024, reflecting the growing penetration of digitalisation in the country. In January 2025, digital transactions sustained broad-based growth momentum across payment modes, albeit with some moderation in growth in the retail payment segments. There was an increase in the share of PSBs in volume of transactions (from remitter bank side) during January 2025 as compared with the levels recorded a year ago. The number of technical declines 26 per 10,000 UPI transactions reduced across most bank categories in January 2025 compared to January 2024, reflecting enhanced efficiency of banks' systems despite higher transaction volumes. The performance, however, remained uneven across bank groups.

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