As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the UPI market, the deadline by NPCI to implement a 30% market share cap on UPI services providers inches closer. Will NPCI implement or extend the deadline? For the month of April, PhonePe led the UPI market with close to 49 per cent share across P2M (person to merchant) and P2P (person to person) transactions.
Open FlipAmazon has been one of the best-performing stocks in the history of the stock market, and new advances in artificial intelligence (AI) have created a new wellspring of opportunity for the e-commerce king. However, while Amazon may continue to grow and gain, there's another e-commerce company that's growing faster and might have even greater opportunities.
Open Flip(Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals. CEO Murray Auchincloss has in recent months pivoted the London-based firm's strategy to focus heavily on returns. He has been less emphatic than his predecessor Bernard Looney on BP Softens.
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