UPI revolution: Surpasses Visa with 650 million daily transactions; ‘leading the digital payment revolution!’ says Amitabh Kant

Unified Payments Interface (UPI) has officially surpassed Visa to become the world’s leading real-time payment system, processing over 650 million transactions daily. Amitabh Kant, the former CEO of Niti Aayog, hailed the milestone on X, posting, “UPI surpasses Visa to become the world’s leading real-time payment system, processing over 650 million transactions daily.”He said that…

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Gold market outlook: Prices to stay firm next week; risk aversion, weak dollar to fuel gains

Gold prices are expected to remain firm in the upcoming week, supported by heightened global risk aversion, sustained weakness in the US dollar index, and a series of trade-related developments as key supporting factors, analysts said.They further added that investors will be focusing on key US data releases, including Consumer Price Inflation (CPI) and retail…

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EU-Indonesia trade pact: European Union chief announces ‘political agreement’; Jakarta calls it ‘breakthrough’

European Union president Ursula von der Leyen and Indonesian President Prabowo Subianto on Sunday announced a “political agreement” to finalise a long-anticipated free trade deal, as US President Donald Trump disrupts global trade with sweeping tariff threats.“We’re living in turbulent times and when economic uncertainty meets geopolitical volatility, partners like us must come closer together….

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US-EU tariff tensions: EU extends suspension of countermeasures to August; Germany urges ‘serious, solution-oriented negotiations’

European Commission President Ursula von der Leyen said on Sunday that the EU will continue holding off on retaliating against US steel and aluminium tariffs, as negotiations remain underway to avoid wider 30% duties.“The United States has sent us a letter with measures that would come into effect unless there is a negotiated solution, so…

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