Search Results for: digital transaction

Users will be able to make UPI payments to UAE merchants now

UPI Payments now available in UAE; Dubai-bound travelers to benefit

In a significant move towards globalizing digital payments, the Indian Government has announced that Unified Payments Interface (UPI) will now be available in the United Arab Emirates (UAE). This development comes as part of the government's ongoing efforts to promote UPI as a fast and efficient digital payment method worldwide. Jul 4, 2024
Reserve Bank of India (RBI)

India and ASEAN Unite for Cross-Border Payments

The Reserve Bank of India (RBI) has made a significant stride towards financial integration by collaborating with four ASEAN countries to establish a platform for instantaneous cross-border retail payments. Jul 1, 2024
exchnage

ERAM: Revolutionizing Exchange Rates for Importers, Exporters

The Central Board of Indirect Taxes and Customs (CBIC) has launched the Exchange Rate Automation Module (ERAM) to enhance trade facilitation. The ERAM will publish exchange rates of 22 currencies online in advance, replacing the existing manual process. Jun 28, 2024
BSNL

Reports of second BSNL data breach raise major privacy and security concerns [details]

It has been reported that Bharat Sanchar Nigam Limited (BSNL) has faced a serious data breach, a second in the last few months. The breach is said to include sensitive user and operational data. As part of the attack on BSNL servers, the unknown entity is said to possess "SIM card details, home location register data, and server-related critical security keys". Jun 27, 2024
MSME

Indian MSMEs to create 2 lakh new jobs by 2025: Report

India's MSME sector is projected to generate over two lakh new jobs by 2025, according to a report by NLB Services. The sector contributes to over 33% of the GDP and drives 62% of the employment domestically. Jun 27, 2024
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