November 22, 2025
  • November 22, 2025

Most Recent Stories

PhonePe’s hold over UPI tightens with 50% share

by on September 28, 2023 0

PhonePe, the Walmart-owned fintech, has captured nearly 50% of the market share in UPI transactions in terms of value. It now accounts for 47.2% of UPI transactions in terms of volume. With banks not making money on UPI transactions, third-party apps like PhonePe, Google Pay, and Paytm dominate the space, accounting for nearly 95.7%...

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OBC income ceiling revision stuck for 6 years

by on September 28, 2023 0

The Indian government has not yet revised the income ceiling for the “creamy layer” of Other Backward Classes (OBC) reservations, which was due for an increase in 2020. The “creamy layer” refers to households that exceed the income bar and are considered economically better off, making them ineligible for OBC reservations.

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