Nepal is the primary country to adopt India's UPI system, which played a pivotal role in transforming the digital economy of the neighbouring country. The National Payments Corporation of India (NPCI) said on Thursday, it'll revolutionalize the digital payment system in Nepal. UPI is a real-time payment system providing simplicity, safety and security in P2P and P2M transactions in India. In 2021, it enabled 3,900 crore financial transactions valuable USD 940 billion which is reminiscent of approximately 31% of India's GDP. According to some reports, UPI is estimated within the yr 2022, making it to cross $1 trillion in overall volumes for the present yr. The international arm of NPCI has joined hands with the gateway payments services and Manam infotech to supply the service...
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India-Dubai Conducts Maritime Naval Exercise: Learn Importance Of These Exercises For India’s Diplomacy Policy
India-Qatar has started the 2nd edition of the joint maritime exercise. This exercise includes a three-day harbour phase followed by a two-day sea phase. The sea phase is comprised of tactical maritime exercises involving surface action,anti-piracy exercises, air defence, maritime surveillance, etc. In the sea phase of the exercise, the Indian Navy’s stealth frigate INS Triaknd, QENF missile boat and Rafale fighter aircrafts participated. A joint exercise with one or more nations serves the aim of signalling to a third country the influence we've within the region and an illustration of our resolve to further our diplomatic objectives...It facilitates better coordination between the militaries, observation of enemy's tactics, and familiarisation with new technologies, enabling on-the-...
Read MoreIndia is trying to opt for a balanced and preventive approach in the ongoing Russia-Ukraine crisis. Earlier, India remained silent and was appealing to sort out the differences between the countries peacefully in the international community. On January 30, 2022, India abstained from voting in UNSC when the US demanded the Russia-Ukraine crisis discussion. India neither voted in favour of it nor against it. The response, however, was not surprising for many experts as in 2014 when Russia attacked Crimea, India abstained from voting in UNSC on the resolution passed by the US. The country had passed a resolution against Russia in the UNSC. Russia took India's step as a pro-Russian view. India boycotted the Winter Olympics in China where Russia aimed to promote its views on Ukrai...
Read MoreIRCTC Collaborates With RuPay For Contactless Payments; Learn Hegemony Of Domestic Payment System
IRCTC has collaborated with RuPay for contactless payments and credit payments. There are many institutions collaborating with RuPay nationally and internationally. What we need to understand that how this card system has created a hegemony and captured a major shareholder in the market. There was a time most of the online transactions were done through VISA and MasterCard, which are foreign companies. These companies used to store data related to every transaction in their servers located in foreign countries. It also collects per transactions charges from our banks to enable card-based transactions. RuPay emerged as the largest shareholder in India's debit card market. It has threatened the existence of international associations and today, they have been forced to complain US go...
Read MoreAssembly elections are going to be held in five states of the country. Polling has been held in Punjab, Goa and Uttarakhand while the third phase of voting has taken place in UP. Voting is still pending in Manipur. PM Narendra Modi will address a public meeting in Imphal, the capital of Manipur and Bahraich in UP, today. Modi will address a public meeting at Shivdaha Mor ground in Payagpur, Bahraich at around 3.30 pm. Let us inform you that voting will be held in the fifth phase in Bahraich. At the same time, elections in Manipur will be held in two phases on February 28 and March 5. Prime Minister Narendra Modi will deliver an election message to a large part of Devipatan Mandal from the foothills of the Himalayas on Tuesday. Apart from him, chief minister Yogi Adityanath will a...
Read MoreFree Fire Ban: Singaporean Company Faces Indian Wrath For Having Chinese Connections
After banning 54 Chinese apps on the grounds of national security, India is now punishing a Singaporean Company, Sea group, making it lose 16 billion in a single day. Free Fire, one of the most profitable titles for the group, was banned, thus indicating New Delhi's sweeping change in its policy against anything Chinese. This of course is the first such action by India against Singapore. Reasons To Target Sea Group The management of the company was taken aback by this action which put it to face an unprecedented loss. New Delhi targeted Chinese companies but Sea Group is not Chinese. Its founder was no doubt born in China but he is not a Chinese citizen, on the contrary, he is a citizen of Singapore and the comoany is listed on New York Stock Exchange. Hence, the company is in no way...
Read MoreFloating Schools: Bangladesh’s Unique Concept In River-Based Community
During Monsoon, incessant rain creates extreme flooding almost throughout Bangladesh, making it impossible for the children to go to school for a significant part of the year. However, the country has overcome this perpetual problem of disruption in education by providing schooling in floating boats. It has proved increasingly effective in providing education to vulnerable children. This unique service is being offered by a non-profit organization known as Shidulai Swanirvar Sanstha, which has 56 solar-powered boats which are used for schooling purposes. In a country where the rainy season makes the roads impassable, floods the villages and disturbs education for months, these floating schools have provided education to more than 70,000 children since 2002. How Did It Start? M...
Read MoreAAP Hits Ground For Poll Battle: Can Arvind Kejriwal Emerge As BJP Alternative Nationally?
Delhi chief minister Arvind Kejriwal's AAP is in a poll battle in three states Punjab, Uttarkhand and Goa. Hence, this is perhaps his biggest effort to spread the footprints of his party in a couple of states. Can people see it as an alternative to BJP at the national level in future? There has been an abysmal fall of Congress and it has become a fringe player in almost all the states except a very few. As long as it is unable to bring to fore a popular and acceptable leader, it will continue to shrink further. Hence, Kejriwal can fill the vacuum if he can notch a success in the 2022 elections and he will be able to establish himself as a significant political force in the country. His success will give the message that the Opposition to BJP is a young, agile leader. He is already ...
Read MoreMamata And Nephew Fall-Out May Create Setback For TMC In National Expansion
There is a growing rift between Mamata Banerjee, the CM of West Bengal and her anointed successor and number 2 in the party hierarchy, her nephew Abhishek Banerjee. Her displeasure was quite clear when she made a very important statement at the airport while leaving for Lucknow that she would not go to Goa to campaign for the election, as somebody was already doing that. This harmless word 'somebody' indicated that everything in Goa now has to be handled by Abhishek independently, and she had withdrawn herself from there completely. But it is well known that TMC is running a high decibel poll campaign there as a part of its national expansion programme. It is understood that, of late, her nephew opposed certain decisions of Mamata and also tried to chalk out a new plan for the p...
Read MoreRussia-China Closeness Amid Ukraine Crisis Becomes Cause Of Worry For India
The Ukraine crisis has brought Russia close to China. A parallel situation came into being between Russia and Ukraine on one hand and China and Taiwan on the other. The possible Russian invasion of Ukraine is a distinct possibility with an aim of installing a pro-Russian govt in Kyiv. At the same time, China is also threatening to invade and annex Taiwan in the near future as the country considers it a renegade province. Against this background, the joint statement by Putin and XI during a summit on February 4 needs to be studied critically. It signals clearly that Sino-Russian relation makes no secret of their 'core interest' and therefore it is on the threshold of a deeper security alignment. What is unprecedented about the language and the cooperation of the statement is that ...
Read MoreIndian Medical Students In China Face Troubles Continuing Education; Read To Know!
Indian students studying medicine in China are facing a queer problem. They can study medicine but cannot practise practicals that are indispensable in medical education. This is because China had banned visas for foreign students studying there in view of the COVID-19 pandemic. It is estimated that this visa ban has affected about 23,000 Indian students who had enrolled themselves to study medicine before the pandemic. No doubt, the universities are providing virtual classes but they have no practical experience. Students are also facing difficulties in online classes when due to network problems or in cases they are unable to understand a particular concept. Students in the fourth year of their studies are facing the most brunt as they are unable to know if they will be able to go bac...
Read MoreA parliamentary panel has expressed anguish that the general public image of police across the country is negative and they are often seen as insensitive towards the soul and vulnerable sections. The Parliamentary Committee on the ministry of home affairs, headed by Congress leader Anand Sharma, also noted concernedly that corruption complaints were filed against some IPS officers. The committee noted with anguish that the general public image of police throughout the country is more on the negative side. The panel said the police are often seen as insensitive towards the commoner and vulnerable sections. “While there's no question that various reasons might have attributed to such behaviour on the part of the police, emphasis on right training during this regard is one among the wa...
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