India to Launch First ‘Made in India’ Semiconductor Chip by Year-End, Strengthening Tech Leadership
JNS: India is on track to unveil its first domestically produced semiconductor chip by the end of this year, marking a significant milestone in its growing electronics manufacturing sector. Union Minister for Electronics and IT, Ashwini Vaishnaw, made…
India’s Digital Transformation Set to Drive $1 Trillion Economy by 2028, says Report
New Delhi: India is on track to become a $1 trillion digital economy by 2028, driven by substantial advancements in its financial ecosystem, according to a report by Ask Capital. Key factors fueling this transformation include widespread internet…
Make in India Initiative Marks 10 Years of Transformative Growth
New Delhi: The Government’s flagship initiative, Make in India, celebrated its 10th anniversary today, marking a decade of significant advancements in India’s manufacturing sector and economic development. Launched on September 25, 2014, by the Modi…
India to Support African, South American Countries in Developing UPI-like Payment Systems
New Delhi: India is actively negotiating with countries in Africa and South America to assist in the development of digital payment systems modeled on its Unified Payments Interface (UPI). Plans are in place for the launch of two such systems by early…
India’s UPI Now Accepted in Nepal, Strengthening Cross-Border Transactions
JNS: NPCI International Payments Ltd (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with Fonepay Payment Service Ltd, Nepal’s leading payment network, to announce the availability of Unified…
India launches UPI services in Sri Lanka, Mauritius after France
JNS: Aimed at enhancing digital connectivity and fostering stronger ties with its neighbours, India launched its Unified Payment Interface (UPI) services in Sri Lanka and Mauritius on Monday, February 12, 2024. Prime Minister Narendra Modi virtually…
India Launches Unified Payments Interface (UPI) at Eiffel Tower in Paris, France
# PM Modi Hails the Global Expansion of UPI JNS: India marked a significant milestone by formally launching the Unified Payments Interface (UPI) at the iconic Eiffel Tower during its Republic Day Celebration in Paris. Prime Minister Narendra Modi…
UPI payment limit increased to Rs 5 lakh
JNS: Aiming to bring convenience and flexibility to online payments, the National Payment Corporation of India (NPCI) has raised the UPI (Unified Payments Interface) payment limit to Rs 5 lakh. This decision, which has received the approval of the…
Narendra Modi conferred with ‘Grand Cross of the Legion of Honour’
# France accepts UPI; Indian tourists can use Rupees. JNS: Prime Minister Narendra Modi was conferred with the Grand Cross of the Legion of Honour by French President Emmanuel Macron on Thursday. This is France’s highest award. “A warm gesture…
No charges to the customer for normal UPI transactions: NPCI
• There will be no charge to customers, and for the normal bank account-to-bank account UPI payments • Payments made via UPI, like Paytm, Phonepe, Google Pay, to friends, family, or any other individual or a merchant’s bank account will not be affected…