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UPI sets new record in Oct with 16.58 bn transactions worth Rs 23.5 trn

UPI sets new record in Oct with 16.58 bn transactions worth Rs 23.5 trn

There were 16.58 billion Unified Payments Interface (UPI) transactions worth Rs 23.5 trillion in October, the highest numbers for the digital system since it became operational in April 2016.

UPI’s previous peak was 15.04 billion in volume terms in September 2024 and Rs 20.64 trillion in value in July. Data from previous months shows that the growth in transactions is driven by person to merchant transactions (for buying goods or services), which got a festival season push in October.

Strong perception against 'One Nation, One Election', says CPI leader Raja

Strong perception against 'One Nation, One Election', says CPI leader Raja

Communist Party of India (CPI) leader D Raja slammed the idea of implementing 'One Nation One Election (ONOE)' saying that there is "strong perception" against such a policy as it will destroy the multi-party democratic system in the country.

"This is the current agenda for PM Modi, nothing else. There is strong public opinion against 'One nation, One election' because there is a perception that it will destroy the multi-party democratic system in the country.

'Everything will be clear by November 4', says NCP Chief Ajit Pawar

'Everything will be clear by November 4', says NCP Chief Ajit Pawar

In view of the upcoming assembly election, Maharashtra Deputy Chief Minister Ajit Pawar visited Malad for the election campaign on Friday.

On October 28, Maharashtra Deputy Chief Minister and NCP chief Ajit Pawar filed his nomination from the Baramati assembly seat. Ajit Pawar split the NCP in June 2023.

Commercial LPG cylinder price in Delhi rises to Rs 1,802, up by Rs 62

Commercial LPG cylinder price in Delhi rises to Rs 1,802, up by Rs 62

Oil marketing companies have raised the price of commercial LPG cylinders in major cities, with the new rates effective from November 1.

In Delhi, the cost of a 19-kg commercial LPG cylinder has increased by Rs 62, now retailing at Rs 1,802, up from Rs 1,740. This increase follows an earlier hike on October 1, when prices rose by Rs 48.50 to Rs 1,740.

Delhi Air Pollution: Delhi-NCR wakes up to thick layer of smog post-Diwali, AQI in 'very poor' category

Delhi Air Pollution: Delhi-NCR wakes up to thick layer of smog post-Diwali, AQI in 'very poor' category

The morning after Diwali, residents of Delhi, Noida, Gurugram and other areas in the National Capital Region awoke to a thick layer of toxic smog. Many locations in Haryana reported air quality indices (AQI) categorized as 'poor' and 'very poor' during the Diwali celebrations.

In Anand Vihar, Delhi, the AQI reached a concerning 395 at 6 AM on November 1, according to the Central Pollution Control Board (CPCB). The air quality deteriorated further on Diwali night, with PM2.5 levels rising sharply, creating hazardous conditions for respiratory health.

Bibek Debroy, top economic advisor to PM Modi, dies at the age of 69

Bibek Debroy, top economic advisor to PM Modi, dies at the age of 69

Veteran Indian economist and author Bibek Debroy passed away on Friday, November 1. Debroy was a prominent economist known for his extensive contributions to economic policy and research in India.

He was serving as chairman of the Economic Advisory Council to the Prime Minister, a position he had held since September 2017. In addition, he chaired the finance ministry’s expert committee for infrastructure classification and financing framework for Amrit Kaal.

Coca-Cola may cut prices to face competition from Reliance's Campa Cola

Coca-Cola may cut prices to face competition from Reliance's Campa Cola

Beverage major Coca-Cola is set to reduce the price of its 400 ml PET bottles from Rs 25 to Rs 20 in at least southern markets within a week, The Times of India reported on Wednesday.

These markets include Tamil Nadu, Karnataka, and Kerala. The report said that the company plans to introduce a new packaging, which will advertise the brand as offering 250 ml and 150 ml free (250 ml + 150 ml free) at an MRP of Rs 20.

India's gold demand to hit 4-year low amid price rally: World Gold Council

India's gold demand to hit 4-year low amid price rally: World Gold Council

India's gold demand in 2024 is likely to fall to its lowest in four years as a rally in prices to a record high is seen denting purchases during the peak festival season in the December quarter, the World Gold Council (WGC) said on Wednesday.

Gold demand in the world's second-biggest consumer of the precious metal could stand between 700 and 750 metric tons in 2024, the lowest since 2020 and down from last year's 761 tons, Sachin Jain, CEO of WGC's Indian operations, told Reuters.

L&T wins 'major' orders in West Asia, Africa to expand high-voltage grid

L&T wins 'major' orders in West Asia, Africa to expand high-voltage grid

Larsen & Toubro’s (L&T) Power Transmission & Distribution (PT&D) vertical has secured new orders in West Asia and Africa aimed at expanding and strengthening high-voltage electricity grids, the company announced in an exchange filing on Wednesday. The contracts, classified as 'major', are estimated to be valued between Rs 5,000 crore and Rs 10,000 crore.

'Pay or get killed': Salman Khan receives death threat, Rs 2 crore demanded

'Pay or get killed': Salman Khan receives death threat, Rs 2 crore demanded

Bollywood actor Salman Khan received another death threat on Wednesday through a message to the Mumbai Traffic Police, demanding a ransom of Rs 2 crore. The police have registered a case against an unidentified individual, who allegedly threatened serious harm to the actor if the ransom was not paid. The case has been filed under sections addressing extortion and threats to life, according to police sources.

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