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RBI Rate cuts: In India, under the assumption of normal monsoons, the rating agency expected the headline consumer inflation to soften to 5.0 per cent in fiscal 2024 (FY24) from 6.7 per cent in FY23

A blast at Ven Petrochem and Pharma (India) Pvt Ltd unit in Gujarat’s Valsad on February 27 had caused a fire and collapse of a building, killing four people and injuring two others.

Shailesh Patel, 45, was the party’s vice-president in the Vapi taluka. He was waiting in his SUV for his wife Nayaben to return from the Mahadev temple at Rata Road when the assailants shot at him from point-blank range, the police said.

From uber rides, and electricity bills to phone recharges, people have been extensively using this payment mode.

Moreover, NPCI has clarified that the interchange charges are only applicable for the prepaid payment instruments (PPI) merchant transactions and there is no charge to customers.

UPI safety update: Fake SMS, WhatsApp messages have become the most viable tools to carry out online fraud.

Before this, RBI Governor Shaktikanta Das had announced the QR-code based coin vending machines pilot project.

As per the data by the National Payments Corporation of India (NPCI), the volume of transactions rose 85 per cent and value 67.85 per cent year-on-year (YoY). Around 72 per cent of those surveyed said they now consider discounts and offers as the major driver of their buying behaviour.

UPI in France: The National Payments Corporation of India International on Thursday signed a memorandum of understanding (MoU) with Lycra Network of France. According to this MoU, Indians can soon be able to pay with their UPI or RuPay card in France. This will be beneficial for Indian students or travelers. Get more India News and Business News on Zee Business.