Nepal will be the first country to adopt India's UPI system, which will play a pivotal role in transforming the digital economy of the neighbouring country.
The Supreme Court of India has granted fugitive businessman Vijay Mallya the last opportunity of two weeks to personally or through counsel present his stand in the contempt case against him.
Former CEO of SriLankan Airlines, Vipula Gunatilleka has been appointed as the chief financial officer of the grounded Jet Airways. He was serving as the CEO of Sri Lankan airways till last month.
The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).