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.
By consolidating 29 laws into four codes, compliance is streamlined and regulations are simplified, improving “ease of doing business”. This is bound to improve investor confidence.
Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.
At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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