The number of digital payment transactions volume in India surged from 2,071 crore in fiscal 2017-18 to 18,737 crore in fiscal 2023-24 at a compounded annual growth rate (CAGR) of 44 per cent, the government said on Friday.
Furthermore, during the last five months (April-August) of the current financial year 2024-25, the transaction volume has reached 8,659 crore, according to the Ministry of Finance data.
The value of transactions has grown from Rs 1,962 lakh crore to Rs 3,659 l...
Digital payment transactions value hits Rs 3,659 lakh cr in FY24, UPI clocks 138 pc growth
The retail inflation rate for farm and rural workers fell to 5.96 per cent and 6.08 per cent, respectively, in August compared to 6.17 per cent and 6.20 per cent registered in July, the government said on Friday.
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 7 points each in August 2024, reaching levels of 1,297 and 1,309, respectively.
The CPI-AL and CPI-RL were 1,290 points and 1,302 points, respect...
Consumer price inflation for farm and rural labourers further eases in August