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UPI Breaks Record Of 10-Billion Transactions In August 2023

UPI Breaks Record Of 10-Billion Transactions In August 2023

The National Payments Corporation of India (NPCI) proudly announced that the Unified Payments Interface (UPI) has achieved an astounding milestone by recording over 10 billion transactions in August. This achievement underscores the growing popularity of digital payments in India. According to NPCI data, on August 30, UPI recorded 10.24 billion transactions worth Rs 15.18 trillion…

India’s G20 Summit: A Mission Towards Stronger Economy

India’s G20 Summit: A Mission Towards Stronger Economy

In the growing economic realm, India has taken the wheel of the G20, a key international organization focused on promoting economic cooperation among nations to tackle global challenges. With a rapidly growing economy, India is going towards more than 6% GDP growth, according to the World Bank. India has become the world’s fifth-largest economy by…

Recent Updates On The Reliance AGM 2023: Mukesh Ambani

Recent Updates On The Reliance AGM 2023: Mukesh Ambani

Mukesh Ambani,Ā  Chairman and Managing Director of Reliance Industries, disclosed several significant measures and modifications at the Annual General Meeting (AGM) held on August 28, 2023. He mentioned India’s economic progress and emphasised that the “New Reliance” is leading the way for an evolving India. He highlighted robust growth across all Reliance’s business sectors, including…

5 Major Announcements To Look Out At Reliance AGM 2023

5 Major Announcements To Look Out At Reliance AGM 2023

Reliance Industries Ltd (RIL) has recently announced that its 46th Annual General Meeting (AGM) will be held on August 28, 2023, at 2:00 PM. This significant event marks an important milestone for the company, as shareholders can gather and discuss various topics related to RIL’s operations, strategies, and plans. As always, the AGM is expected…

Roark to Buy Sandwich Chain Subway For $9.55 BillionĀ 

Roark to Buy Sandwich Chain Subway For $9.55 BillionĀ 

The subway chain will sell itself to Roark capital, an American private equity firm. The agreement is finalised after numerous competing offers, including several clauses that postpone payment on a portion of the purchase price. The 1965-founded Subway has several terms and conditions that postpone payment of some of the deal considerations.   The final agreement…

The Emergence Of India’s Space Economy, Touchdown Chandrayaan-3Ā 

The Emergence Of India’s Space Economy, Touchdown Chandrayaan-3Ā 

With the successful landing of Chandrayaan 3 on August 23, India became the fourth nation after the former USSR, the United States, and China to conduct a soft landing on the lunar surface. In addition, India became the first country to reach the moon’s south pole. It is said that Chandrayan 3 will help the…

UPIā€™s Global Expansion, India To Become Trillion Dollar Economy In Few Years Says PM ModiĀ 

UPIā€™s Global Expansion, India To Become Trillion Dollar Economy In Few Years Says PM ModiĀ 

At the BRICS conference on Tuesday in Johannesburg, Prime Minister Modi declared that India would have a developed economy by the year 2047.  Prime Minister Narendra Modi emphasised India’s advancements in the field of digital payments, including the Unified Payments Interface, or UPI, and enlisted international assistance for the UPI’s international expansion. Modi also promoted…

BRICS Summit Begins, PM Modi and Xi Jinping Expected to Share StageĀ 

BRICS Summit Begins, PM Modi and Xi Jinping Expected to Share StageĀ 

The Prime Minister will attend the 15th BRICS Summit in Johannesburg along with the leaders of Brazil, China, Russia, and South Africa. This will be the first in-person gathering in the previous three years, after the concluding BRICS summit in 2019 because of the Covid-19 epidemic., When asked about the meeting between Chinese President Xi…

M-cap Witnessed A Loss Of Rs 80,200 Crores Across Top Seven

M-cap Witnessed A Loss Of Rs 80,200 Crores Across Top Seven

The Tata Consultancy and HDFC Bank were the biggest laggards last week as the combined market valuation of seven of the top ten valued corporations fell by Rs 80,200 crore. According to sources, the BSE benchmark dropped by 373.99 points, or 0.57%, over the holiday-shortened week prior. Hindustan Unilever, Infosys, and Reliance, among the top…

Ashwini Vaishnaw Declares A Ban On Bulk Sim Card ConnectionsĀ 

Ashwini Vaishnaw Declares A Ban On Bulk Sim Card ConnectionsĀ 

The Ministry of Electronics and Information Technology has banned the bulk sim card connection as a move to curb cyber frauds on Thursday. At a press conference, the Minister of Electronic and Information Technology, Ashwini Vaishnaw, provided this information to the media.  According to Ashwini Vaishnaw, the government will apply biometrics and mandate police verification…