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The value of UPI transactions has zoomed in past few years

With the advent of a slew of fintech platforms in India, the total value of digital transactions in India has risen sharply from a mere ₹100 crore to a whopping ₹7 lakh crore in five years.

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Since Indian markets hit an all-time high on Oct 18, all sectorial indices fell

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RBI plans to roll out lightweight and portable payment system. Details here

The Reserve Bank has conceptualised a light weight and portable payment system that will be independent of conventional technologies and can be operated from anywhere with a bare minimum staff

Gold jumps ₹455, silver climbs ₹500; check rates here

In the overseas markets, both gold and silver were trading higher at USD 1,958 per ounce and USD 23.23 per ounce, respectively.

Rupee sees worst month of 2023 on dollar strength

The rupee closed at 82.7225 against the dollar, compared with 82.71 on Tuesday. The rupee fell about 1% in May, its worst monthly fall since Dec. 2022.

Market Wrap: Sensex ends day at 62,622; Nifty below 18,600

The blue-chip Nifty 50 index lost 0.53% to 18,534.40, while the benchmark S&amp;P BSE Sensex closed 0.55% lower at 62,622.24.

World No Tobacco Day 2023: What lies ahead for India's largest cigarette maker ITC? Will its dream run continue?

On World No Tobacco Day 2023, let's take a look at ITC, which controls nearly 80 percent of the cigarette market.

The value of UPI transactions has zoomed in past few years

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