The report also flagged state-sponsored terrorism, noting some terror groups still get financial and other support from certain governments, based on public sources and delegation inputs.
This will make RuPay one of the few international payment systems to be active in Russia. Moscow has faced a number of sanctions by Western countries since the war with Ukraine.
Apart from reporting on water stress in India, global media also predicts a digital payments boom in the country, with WhatsApp given free run by National Payments Corporation of India.
Unlocking the rich and diverse information from digital and online sources could be a game changer for the generation, collation, and production of official data.
While facial recognition technology isn’t new, facial recognition payment technology is—and it’s growing very quickly. About 495 million Chinese shoppers used it in 2021.
Email alert for all transactions will continue to be delivered. The bank, however, did not reveal the reason behind not sending SMSes for transactions below Rs 100.
The license, granted by the country's payments authority, came as Paytm Payments Bank will cease to operate on 15 March, following regulatory action due to non-compliance with certain norms.
The high transaction cost on remittances amounts to an additional tax on cross-border movement of incomes. For 2023, roughly $41 billion was spent on just transaction costs.
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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