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UPI records 3.65 bn transactions worth Rs 6.54 trillion in September

UPI records 3.65 bn transactions worth Rs 6.54 trillion in September

The National Payments Corporation of India’s (NPCI) flagship payment platform, Unified Payments Interface (UPI), logged 3.65 billion transactions worth Rs 6.5 trillion in September, an all-time high, both in volume and value terms. It was also the third straight month with more than 3 billion transactions on the platform, signaling the wider digital payment adoption in the country since the Coronavirus (Covid-19) pandemic hit.

On a month-on-month (MoM) basis, UPI’s volume of transactions was up 3 per cent, and the value of transactions was up 2.35 per cent.

Hyundai India sales decline 24% in September to 45,791 units

Hyundai India sales decline 24% in September to 45,791 units

Hyundai Motor India Ltd (HMIL) on Friday reported 23.6 per cent decline in total sales at 45,791 units in September.

The company had sold 59,913 units in the same month last year, HMIL said in a statement.

Domestic sales were down 34.2 per cent to 33,087 units as against 50,313 units in September 2020, the company added.

Zee board rejects Invesco's demand to hold EGM to remove Punit Goenka

Zee board rejects Invesco's demand to hold EGM to remove Punit Goenka

Taking a confrontation stand against its largest shareholder, the Zee board on Friday rejected its demand to hold an extraordinary general meeting to remove current MD and CEO, Punit Goenka and induct its nominees.

In a statement to the stock exchanges, Zee said its board deliberated and discussed various legal and statutory implications of the requisition notice.

Maruti Suzuki sales decline 46% to 86,380 units in September

Maruti Suzuki sales decline 46% to 86,380 units in September

The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported 46.16 per cent decline in sales at 86,380 units in September.

The company had sold 1,60,442 units in September last year, MSI said in a statement.

Domestic sales slipped 54.9 per cent to 68,815 units last month as against 1,52,608 units in September 2020, it added.

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 3.65 trillion or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark.

Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021.

State Bank of India rejects AP government's Rs 6,500 crore overdraft

State Bank of India rejects AP government's Rs 6,500 crore overdraft

The State Bank of India has rejected Andhra Pradesh government's Rs 6,500 crore 'overdraft' for implementing the Centrally Sponsored Schemes (CSS) in the state.

With its coffers completely dry, the state government sought the overdraft to be used as working capital by five nodal implementing agencies against securitisation of fund balances available in the Single Nodal Accounts (SNA).

NTPC REL signs first green term loan pact of Rs 500 cr with Bank of India

NTPC REL signs first green term loan pact of Rs 500 cr with Bank of India

State-run power giant NTPC on Thursday said its arm NTPC Renewable Energy Ltd (NTPC REL) has signed the first green term loan agreement of Rs 500 crore with Bank of India.

The green term loan agreement is for its two solar projects in Rajasthan and Gujarat.

SC collegium recommends 16 names for elevation as judges of 4 HCs

SC collegium recommends 16 names for elevation as judges of 4 HCs

The Supreme Court collegium, headed by Chief Justice of India (CJI) N V Ramana, has recommended 16 names for elevation as judges of the high courts of Bombay, Gujarat, Orissa and Punjab and Haryana.

In its meeting held on Wednesday, the collegium approved the proposal for elevation of 16 names -- six judicial officers and 10 advocates as judges of these four high courts.

Plasma diagnostic lab in Patna involved in selling fake RTPCR reports

Plasma diagnostic lab in Patna involved in selling fake RTPCR reports

Patna police have raided a plasma diagnostic lab and seized a large number of fake RT-PCR Covid-19 reports, police said.

The officials of health department and a team of Shastri Nagar police station raided the lab in Raja Bazaar on Wednesday evening after a complaint was lodged by the airport authority of Patna.

Decision on Bharat Biotech's Covaxin EUL in October, says WHO

Decision on Bharat Biotech's Covaxin EUL in October, says WHO

A decision on Bharat Biotech's submission seeking emergency use listing (EUL) for its Covaxin COVID-19 vaccine will be made in October, the World Health Organisation has said.

The status of assessment for Covaxin is ongoing. Bharat Biotech had submitted EOI (Expression of Interest) on April 19 for its vaccine.

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