Starting September 16, UPI is no longer just for small daily payments. With raised limits for insurance, investments, and even jewellery purchases, the digital payments system now rivals traditional banking channels for big-ticket transactions. Here’s what’s new, why it matters, and how it could change the way India pays.

Starting September 16, UPI is no longer just for small daily payments. With raised limits for insurance, investments, and even jewellery purchases.

UPI's new high value transaction limits kick in: Here's what changes

Eris Lifesciences on Tuesday said its board has approved the acquisition of the remaining 30 pc stake in its subsidiary Swiss Parenterals.
The proposed transaction will be effected as a share swap, through a preferential issuance of the company's shares to seller Naishadh Shah, thereby making him a shareholder and an integral part of the company's senior management team with long-term alignment, the Mumbai-based firm said in a statement.
"On behalf of the shareholders of Eris, I am delighted to welcome Naishadh Shah to the community of Erisians. I am also happy to share that we propose to designate him as the Managing Director of Swiss Parenterals," Eris Lifesciences Chairman and Managing Director Amit Bakshi said.
FY27 promises to be a breakout year for the company's international business, and Naishadh's continued leadership and stewardship will be pivotal to its growth, he added.
Shares of Eris Lifesciences were trading 0.99 per cent down at Rs 1,665.20 apiece on the BSE.

FY27 promises to be a breakout year for the company's international business, and Naishadh's continued leadership and stewardship will be pivotal to its growth

Press Trust of India

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Chhattisgarh has received industrial investment proposals to the tune of Rs 6,321 crore and Rs 505 crore for development of the tourism sector, which are expected to generate over 3,000 employment opportunities in the coming years.
The investment proposals were received at the 'Investor Connect' programme held here on Tuesday and attended by Chhattisgarh Chief Minister Vishnu Deo Sai, a state government release said.
Chhattisgarh received unprecedented investment proposals at the 'Investor Connect' programme where leading companies from sectors such as steel, energy and tourism expressed interest in setting up new industries, expanding capacity, building hotels and developing waste-to-energy projects in the state, the release said.
The participating companies proposed Rs 6,321.25 crore in industrial investments and Rs 505 crore in tourism investments, which are expected to generate over 3,000 employment opportunities in the coming years, it said.
Chief Minister Sai interacted with 

Sai highlighted the state's strong combination of energy availability, mineral wealth, skilled human resources and investor-friendly policies

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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UPI's new high value transaction limits kick in: Here's what changes

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