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Digital Payments Continue Rapid Expansion Across India

  January 14, 2026 Digital payment transactions continued to grow rapidly, with UPI volumes reaching new highs. Increased adoption among small merchants and rural users contributed to the expansion. Government officials credited improved digital infrastructure and awareness campaigns. Financial institutions reported lower cash dependency and improved transaction efficiency. Experts said digital payments have enhanced financial inclusion and transparency. However, cybersecurity and system resilience remain key focus areas as transaction volumes rise.
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GST Collections Remain Strong, Signal Economic Resilience

 September GST collection rises 9%, defies slowdown expectations - The Economic Times


January 2, 2026

India’s Goods and Services Tax collections remained robust in December, reflecting sustained economic activity across sectors. Official data showed collections comfortably crossing the ₹1.6 lakh crore mark, supported by strong domestic consumption and improved compliance. Finance officials attributed the growth to better enforcement measures, digital monitoring, and steady demand during the festive and wedding season. Experts noted that consistent GST inflows provide the government with greater fiscal flexibility, particularly ahead of budget planning. Manufacturing and services sectors contributed significantly, while e-way bill generation also indicated healthy movement of goods. Analysts cautioned, however, that global slowdown risks could impact future collections. Still, the overall trend reinforced confidence in India’s economic momentum and formalization efforts.