Shiv Sena (UBT) president Uddhav Thackeray on Saturday told his supporters that the party's 'bow and arrow' symbol has been stolen and the thief needs to be taught a lesson, a remark aimed Maharashtra Chief Minister Eknath Shinde. Thackeray was addressing his supporters outside 'Matoshree', his residence at Bandra here before chairing a meeting of party leaders.
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Prime Minister Narendra Modi on Tuesday expressed hope that digital transactions will soon surpass cash as Unified Payments Interface (UPI) is increasingly becoming the most preferred payment mechanism in the country.
Modi after the launch of the cross-border connectivity between the UPI and PayNow of Singapore said about 74 billion transactions amounting to more than Rs 126 trillion, which is approximately 2 trillion Singapore dolla, was done through UPI in 2022.
"Many experts are estimating that very soon India's digital wallet transactions are going to overtake cash transactions," he said.
A large number of transactions via UPI demonstrate that this indigenously designed payment system is very secure, he said.
Modi along with his Singaporean counterpart Lee Hsien Loong witnessed the launch of cross-border connectivity between the UPI and PayNow of Singapore via video conferencing.
- The formation of the Bengal Basin started about 126 million years ago and continued with the rise of the Himalayas.
- The basin’s evolution witnessed a transition of sediment deposition from marine-estuarine to fluvial-tidal environments, making it one of the largest fluvio-deltaic basins in the world.
- The oil in Ashoknagar is believed to have been produced in marginal marine deposits more than 20 million years old.
- The formation of the Bengal Basin started about 126 million years ago and continued with the rise of the Himalayas.
The first transaction was done by Reserve Bank of India Governor Shaktikanta Das and Monetary Authority of Singapore (MAS) managing director Ravi Menon.
The linkage of these two payment systems would enable residents of both countries in faster and cost-efficient transfer of cross-border remittances.
It will also help the Indian diaspora in Singapore, especially migrant workers and students, through instantaneous and low-cost transfer of money from Singapore to India and vice-versa.
India has emerged as one of the fastest-growing ecosystems for fintech innovation.
- The formation of the Bengal Basin started about 126 million years ago and continued with the rise of the Himalayas.
- The basin’s evolution witnessed a transition of sediment deposition from marine-estuarine to fluvial-tidal environments, making it one of the largest fluvio-deltaic basins in the world.
- The formation of the Bengal Basin started about 126 million years ago and continued with the rise of the Himalayas.
- The oil in Ashoknagar is believed to have been produced in marginal marine deposits more than 20 million years old.
A key emphasis of the Prime Minister has been on ensuring that the benefits of UPI are not limited to India only but extend to other countries as well.
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