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Thursday, March 28, 2024
TopicUPI

Topic: UPI

UPI to be launched tomorrow in Mauritius, Sri Lanka

According to the MEA, the launch will benefit a wide cross-section of people and enhance digital connectivity between the countries.

India’s UPI joins hands with Singapore’s PayNow to facilitate direct fund transfers for diaspora

This interoperability is the result of a close collaboration between the Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS).

Five months after govt set target, more than 65% of panchayats in India are UPI-enabled

In May, Panchayati Raj ministry wrote to states to start UPI payments to ‘enhance ease of living for citizens’. But only 8 states have completed the process so far, it is learnt.

France to get UPI soon. Till then, a list of other countries where you can use this payment interface

PM Narendra Modi announced Thursday that UPI payments will soon be possible in France. ThePrint explains how the payment interface has grown since it was first launched in 2016. 

India and France have agreed to use UPI in France, starting from Eiffel Tower, says PM Modi

The Prime Minister said that Indian tourists in France will now be able to make payments in rupees.

Make it easier for nominees & heirs to access money left to them, RBI-appointed panel suggests

Panel set up in May 2022 has recommended ways in which RBI's regulated entities can improve customer service, including easing KYC norms & removing limits on UPI transactions.

Our take on Ajay Banga, CWC election, China-India border meet and Seattle caste ban— in 50 words

ThePrint view on the most important issues this week.

UPI linked to Singapore’s PayNow, bilateral money transfer now ‘safer, instant & cost-effective’

India, Singapore launch real-time cross-border linkage between respective payment systems, expected to boost existing annual retail payments & remittances worth $1 bn between the two.

Budget 2023 for tech sector: Digital India funds slashed, PAN ‘common identifier’, KYCs simplified

Sitharaman's 'technology-driven' also pushed for access to anonymised data, DigiLocker expansion & job creation through Pradhan Mantri Kaushal Vikas Yojana 4.0.

On Camera

Social media has made news more graphic. Torture by Russian military is latest example

Before social media, depiction of violence on news was the exception—graphic visuals were either not shown on TV or in newspapers or the images were blurred. This is no longer the case.

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.