EMI payments
UPI Transactions Surge to Record Rs 94,000 Crore Daily in October Festive Season
Oct 22, 2025 03:35 pm CST
India's Unified Payments Interface (UPI) has experienced a dramatic 13% surge in daily transaction value during October, reaching Rs 94,000 crore due to Diwali spending and GST rate cuts. With unprecedented daily volumes of 695 million transactions and potentially hitting Rs 28 lakh crore monthly for the first time, this represents one of UPI's strongest growth periods in recent years.
Delhi High Court Rules Husbands Cannot Claim Exclusive Property Rights Despite Paying EMIs
Oct 01, 2025 02:40 pm CST
The Delhi High Court has established that a husband cannot claim sole ownership of jointly registered property merely by paying the EMIs. The ruling, delivered by Justices Anil Kshetarpal and Harish Vaidyanathan Shankar, affirms that joint registration supersedes payment considerations and upholds Section 4 of the Prohibition of Benami Property Transactions Act in a case involving a couple whose divorce proceedings remain pending since 2006.