Context Razorpay becomes India’s first Payment gateway to support credit cards on the Unified Payment Interface (UPI). Razorpay in its partnership with Axis Bank has recently announced its readiness to support Credit Card on UPI platform. Earlier, Reserve Bank of India has announced the linking the RuPay Credit Cards to BHIM (Bharat Interface for Money) […]
Context World Bank Forecast India 2022-23 growth 6.9% recently in its India Development Report titled “Navigating the Storm“, upgraded its growth forecast for India’s economy i considering the strong outturn in India in second quarter (July-September) of 2022-23 financial year. World Bank Navigating the Storm Report India’s economy has been remarkably resilient to the deteriorating […]
Context China’s top development aid agency convened the first “China-Indian Ocean Region Forum” in the southwestern Chinese city of Kunming. Indian Ocean nations raise apprehensions about China’s intentions. About China-Indian Ocean Region Forum is organised by China International Development Cooperation Agency (CIDCA). The theme of this forum is Shared Development : Theory and practice from […]
Context Global efforts to bring India on board the “Just Energy Transition Partnership” (JETP) with G7 nations has failed to move forward. About The G7 countries had decided to launch “Just Energy Transition Partnership – JETP” with India, Indonesia, Vietnam and Senegal this year. The partnership was aimed at helping large developing economies to move […]