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In January, UPI transactions in India reached a record high of 16.99 billion, with a value exceeding Rs 23.48 lakh crore. UPI remains the dominant digital payment method in India, contributing to 80% of retail payments, with over 641 banks and 80 UPI apps participating in the system.
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Prices of chana and tur have dropped by about 25% in two months, falling below the minimum support prices due to duty-free imports and increased local crop arrivals. While wholesale prices of pulses have decreased significantly, retail prices have not seen a proportional decline. Retail chana dal prices fell 4.3% and tur dal prices dropped 12%.
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Egg prices in the United States hit an all-time average high of $4.95 per dozen this month, officials have said, with the U.S. Department of Agriculture predicting the price could soar even higher as the year goes on due to the impact of bird flu.
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