Global cues push equities higher, healthcare stocks rise (Lead)

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Progress in anti-Covid-19 vaccine development along with better than expected quarterly results pushed the key domestic equity in dices higher on Thursday. The indices opened on a shaky note, but soon consolidated gains. Sector-wise, S&P BSE Healthcare, Realty, Auto and Oil and Gas indices ended in the green, while BSE IT and Telecom indices slipped. …

UPI transaction volume to reach 59bn by 2023: Report

UPI transaction volume to reach 59bn by 2023: Report
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With digital payments gaining ground in India, home-grown Unified Payments Interface-based transaction volume will reach nearly 59 billion by 2023 owing to its high peer-to-peer type of transaction penetration, said a joint report by Payments Council of India (PCI) and PWC on Thursday. Clocking over 1 billion transactions every month, the platform has witnessed a …