Indian Prime Minister Narendra Modi and Singapore PM Lee Hsien have launched the linkage of UPI and PayNow, their fast payment methods
In a virtual meeting, the Prime Ministers of both countries agree upon a joint venture to provide cross-border transactions.
As per a survey conducted by the National Payments Corporation of India (NPCI), a record of 7.82 billion transactions is evident in UPI payments in 2022.
The Swiss-based company IQAir has released World Air Quality Index for the year 2022 where it has ranked India in the 8th position, earlier it was fifth.
African country Chad acquires the first position as it is the world’s most polluted country in the world.
India and Pakistan are on alert as they have the most polluted cities in the world amid depleting environmental conditions across the globe.
Startup-focused lender Silicon Valley Bank Financial Group became the largest bank to fail since the 2008 financial crisis, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded
Silicon Valley Bank, the nations 16th largest bank, collapsed on Friday, forcing a government takeover and calling into question the fate of almost $175 billion in customer deposits.
Signature Bank, the 29th-largest bank in the U.S., also closed its doors, suggesting the financial panic had spread.
Many bank stocks plummeted in early trading. First Republic Bank dropped 65% before trading was halted; Western Alliance Bancorp fell almost 60%. Charles Schwab, the eight-largest U.S. bank, dropped nearly 10%.