Paytm shares surged over 4% to reach a 52-week high of Rs 939 on Monday after announcing the launch of an automatic top-up feature for its UPI LITE service. This feature enables PIN-less transactions for payments under Rs 500. Currently available to select Yes Bank and Axis Bank users, it automatically recharges the UPI LITE balance when it falls below a set limit.
Forex reserves jump to 2-month high with a $5-b weekly rise
India’s foreign exchange reserves surged to a two-month high of $640.5 billion as of February 21, with an increase of nearly $5 billion in a