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Reserve Bank(RBI) provides clarification on business restrictions on Paytm Payment Bank. Find answers to frequently asked questions regarding these restrictions here.
Reserve Bank of India Governor Shaktikanta Das believes that India’s Unified Payments Interface has the potential to be a global model for cross-border payments, as it links with fast payment systems in other countries. He also emphasizes the importance of stable and low inflation for sustainable economic growth.
RBI governor Shaktikanta Das Optimistic About India’s UPI Going Global Read More »
India’s Unified Payment Interface (UPI) will be launched in Sri Lanka and Mauritius, expanding India’s digital infrastructure to more nations. The launch will benefit travelers and enhance digital connectivity between the countries. Previously, countries like Bhutan, France, UAE, Oman, and Singapore have accepted India’s UPI. Nepal may soon join the list. UPI is a mobile-based payment system that facilitates instant fund transfers between bank accounts. #DigitalPayments #UPIExpansion
Discover the potential of AI in India’s economy, as Microsoft’s CEO, Satya Nadella, unveils plans to train 2 million Indians in AI. With its diverse industries and population, AI adoption can optimize processes, drive innovation, and address pressing challenges in healthcare, agriculture, manufacturing, and finance. By fostering a culture of AI adoption, India can position itself as a global leader in AI innovation and drive economic transformation. Learn more about Microsoft’s AI training programs and the role of AI in India’s economic growth. But, the responsible and ethical development of AI is crucial, ensuring it augments human capabilities and addresses issues such as bias and accountability.
Finance Minister Nirmala Sitharaman presents the ‘White Paper on the Indian Economy’ in Lok Sabha, highlighting key takeaways on inflation, bad debts, foreign exchange, public finances, and wastage of public resources. #IndianEconomy #WhitePaper
