Search Results for: Foreign Exchange Regulation Act

Unified Payments Interface (UPI)

UPI Transactions Skyrocket, India Leads in Digital Payments

India's digital economy has witnessed a significant milestone with the National Payments Corporation of India (NPCI) reporting a record-breaking surge in Unified Payments Interface (UPI) transactions in August. The data revealed a 41% year-on-year growth, with UPI transactions reaching an all-time high of 14.96 billion. Sep 1, 2024
Indigo launches daily direct flights to culturally vibrant Jaffna from India

Indigo launches daily direct flights to culturally vibrant Jaffna from India

IndiGo, a leading budget airline, has recently launched daily direct flights to Jaffna, a culturally rich city in the northern province of Sri Lanka. This new route marks the 34th international and 122nd overall destination in IndiGo's rapidly expanding 6E network. The airline's second destination in Sri Lanka after Colombo, this strategic move is expected to strengthen the cultural and trade ties between India and Sri Lanka, which have been marked by cooperation in the fields of commerce, infrastructure development, and air connectivity. Sep 1, 2024
Nischal Shetty

CoinSwitch Takes Legal Action Against WazirX Over Stuck Funds

CoinSwitch, a leading cryptocurrency exchange, has initiated legal proceedings against its rival platform, WazirX. The lawsuit is an attempt to recover funds that have been stuck on the WazirX platform, which is run by Nischal Shetty. Aug 30, 2024
Online Passport Portal shut for 5 days for maintenance

Online Passport Portal closed for scheduled 5-Day Maintenance

The Indian government has declared that the online portal for passport applications will be temporarily unavailable for five days. The shutdown, which begins on August 29, 2024, and ends on September 2, 2024, is due to a routine maintenance exercise aimed at enhancing system performance and ensuring a smoother user experience in the future. Aug 29, 2024
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