A Meerut resident, Ankur Singh, received a WhatsApp message in September 2025 stating that the regional transport office had imposed a penalty on his vehicle. He hit the link. In a few hours, Rs 15.50 lakh- all his lifetime savings- was gone from his HDFC bank account. Singh is one of the victims in a…
The Supreme Court of India called Rs 54,000 crore in cyber fraud “absolute robbery” and directed the Centre, RBI, banks, and telecom authorities to implement an urgent SOP to prevent digital scams. It highlighted digital arrest scams targeting retirees and urged faster action, accountability, and a compensation framework for victims. India’s highest court has issued…
India’s central bank has put forward a major proposal to connect digital currencies of BRICS nations. The idea aims to make cross-border trade and tourism payments simpler and cheaper. This could reduce reliance on the U.S. dollar and support smoother financial flows among the group. The Reserve Bank of India (RBI) has recommended that this…
UPI Logo | Photo Credit: Internet Clear Cut Livelihood DeskNew Delhi, UPDATED: Oct 17, 2025 12:58 ISTWritten By: Janmojaya Barik A Trillion Transactions and Growing Within a decade, India’s Unified Payments Interface (UPI) has transformed from a government-supported pilot project to the lifeblood of a digital economy. Developed by the National Payments Corporation of India (NPCI) in…
