The Federation of Indian Chambers of Commerce & Industry (FICCI) has estimated India's GDP to grow at 7.4 per cent in the financial year 2022-23 (FY23).
NPCI International Payments Ltd (NIPL), the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of Mashreq Bank. BHIM UPI service has been made live on NeoPay terminals.