Nepal and India are preparing to sign an agreement to allow cross-border digital payments through e-wallets, a move that is expected to boost trade and tourism between the two countries by eliminating currency exchange issues. The accord, expected to be signed during Nepali Prime Minister Pushpa Kamal Dahals visit to India, will allow Indian tourists in Nepal to make digital payments through Indian e-wallets like BharatPe, PhonePe, Google Pay, and Paytm.
The two countries have agreed to the deal, and officials from both countries are awaiting signatures. The launch of digital payment Services will eliminate the hassle of carrying large amounts of cash for Indian tourists and businessmen in Nepal and is expected to increase inter-operable real-time person-to-person (P2P) and merchant payment transactions (P2M) in Nepal
India elected as member of UN Statistical Commission Narcotic Drugs and the Programme Coordinating Board of the Joint UN Program
India has recently been elected as a member of the United Nations (UN) Statistical Commission Narcotic Drugs and the Programme Coordinating Board of the Joint UN Program, signaling the countrys increasing presence in the international arena. The decision was made during a vote held at the United Nations Economic and Social Council (ECOSOC)
India, along with South Korea, the United Arab Emirates, and China, were vying for two seats from the Asia Pacific States category. In the first round of voting, South Korea received 23 votes, while China and the UAE received 19 and 15 votes, respectively.