Op-Eds Opinion

The Middle Class Squeeze: How Policy Changes Like GST and UPI Fees Burden Ordinary Indians

By BPN News Desk
India’s middle class has always been the backbone of the nation’s economic aspirations. They are the early adopters of new technologies, the primary drivers of consumption, and the segment that most willingly embraces government initiatives aimed at modernization. Yet, time and again, they find themselves bearing the heaviest burden when policies shift from
Business Finance

NPCI Net Profit Soars 42% to ₹1,552 Crore in FY25

By BPN News Desk
The National Payments Corporation of India (NPCI) has recorded a sharp 42% increase in its net profit for the financial year 2024–25, clocking ₹1,552 crore. Alongside this, its total revenue surged to ₹3,270 crore, marking a 42% year-on-year rise. The numbers underline NPCI’s central role in India’s digital payments revolution and its growing stature globally. […]
Image Credit: https://www.pmindia.gov.in/
International

India Signs MoU to Launch UPI Services in Cyprus

By BPN News Desk
India and Cyprus have signed a landmark Memorandum of Understanding (MoU) to introduce the Unified Payments Interface (UPI) in the Mediterranean nation, expanding India’s digital payment footprint into Europe. The agreement was formalized during Prime Minister Narendra Modi’s visit to Limassol, marking the first by an Indian prime minister to Cyprus in over two decades.
Finance

RBI Survey Highlights Cash Preference Among Indian Farmers Amidst Digital Payment Growth

By BPN News Desk
A recent survey by the Reserve Bank of India (RBI) reveals that cash remains the primary mode of transaction among Indian farmers, even as digital payment methods gain traction nationwide. The study indicates that while digital payments have seen significant growth, cash continues to be the favored instrument for agricultural transactions. Digital Payment Adoption on […]