Unews World

Mumbai: The rupee ended 2024 on a weaker note, depreciating 2.8% against the US dollar to close the year at 85.59, down from Monday’s close of 84.54. This marked the seventh consecutive year of decline for the Indian currency. Dealers attributed the year-end drop to a possible shift in RBI’s forex intervention strategy, which may have allowed a slight correction …

MUMBAI: From stocking up on breakfast staples milk and eggs, packs of noodles and chips to satisfy midnight cravings and buying iPhone 16 at the tap of their smartphones, Indians shopped their way through quick commerce platforms last year. 10-minute deliveries will continue to be the flavour of 2025 as companies add more categories, expanding consumer use cases; people especially …

MUMBAI: NPCI has extended by two years the deadline for third-party apps PhonePe and Google Pay to bring down their market share in UPI. The apex payments body has also lifted the onboarding limit, capping the maximum number of users at 10 crore for WhatsApp in respect of UPI.This is the second time NPCI has extended the timeline, even as …