-The Telegraph Ranchi: Over six lakh people engaged in jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in Jharkhand have not got their daily wages since September 15, the backlog on Tuesday standing at an estimated Rs 155 crores, making it a dim Diwali for the state's poorest. The onus of this lies on Jharkhand as the Centre has withheld funds as the state government has not yet handed...

-The Hindu Business Line Mangaluru: The number of transactions on UPI (Unified Payment Interface) platform crossed 3 crore in September. UPI, which is a mobile-only digital payment mechanism from National Payment Corporation of India (NPCI), went live with 21 banks on August 25, 2016. The latest figures by NPCI indicate a substantial increase of around 85 per cent in the number of transactions on this platform September. The number of transactions on UPI...

-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...

-Scroll.in The con involves the fraudulent withdrawal of money from bank accounts of victims with the help of a SIM card, Aadhaar and the United Payments Interface. The police in Delhi and the neighbouring township of Noida are investigating several complaints of fraud in which money was suspected to be siphoned out of bank accounts of victims with the help of a Unified Payment Interface-supported application linked to Aadhaar, the 12-digit biometrically...

-PTI After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments Mumbai: The government’s Digital Payments push, mainly online card payments through point-of-sale (PoS) machines, may leave already capital starved banks bleed by a whopping Rs3,800 crore annually, warns a report. After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage...