Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
NPCI’s FY25 Profit Zooms 42% To INR 1,552 Cr
The National Payments Corporation of India (NPCI) has announced a stellar financial performance for the fiscal year 2025, with its profit soaring by 42% to reach Rs 1,552 crore. This significant jump in profitability is a direct consequence of the exponential growth in digital payments across the country. As the operator of key payment systems like UPI, IMPS, and RuPay, the NPCI has benefited immensely from the increased adoption of digital transactions by the Indian populace. The surge in transaction volumes has led to a corresponding increase in the corporation's revenue. The strong profits will enable the NPCI to further invest in building a more robust, secure, and innovative payment infrastructure for India, solidifying its role as the backbone of the country's digital payments revolution.