Unified Payments Interface (UPI)

Indians in UAE to Enjoy Seamless UPI Transactions with NIPL-Magnati Tie-Up

In a significant development for Indian tourists visiting the United Arab Emirates (UAE), the National Payments Corporation of India (NPCI) International Payments Limited (NIPL) has announced a partnership with Magnati, a leading payment solutions provider in the Middle East. This collaboration aims to expand the QR-based merchant payment network in the UAE enabling a wider range of merchants to provide Unified Payments Interface (UPI) as a payment method to Indian travellers. Jan 16, 2025
India's macros remain robust, long-term growth prospects steady: Report

India's macros remain robust, long-term growth prospects steady: Report

India's macros (like fiscal consolidation, strong balance sheets and recovery in consumption) remain robust amid slowing global growth and the country's long-term growth prospects remain steady, projected at 6.5 per cent real GDP growth and 10-11 per cent nominal GDP growth, according to a report on Wednesday. Jan 15, 2025