Private US banks can embrace UPI for faster digital payments: Fed Reserve Governor

IANS | August 28, 2024 1:50 PM

Mumbai, Aug 28 (IANS) As the Unified Payments Interface (UPI) goes global, the US private banks might explore connecting with India’s unique digital payments solution, Federal Reserve Governor Christopher Waller said here on Wednesday, adding that cross-border payment interlinking is one of the key areas outlined in the G20 roadmap.

ZF Group to invest over Rs 18,700 crore in India

IANS | August 28, 2024 12:45 PM

New Delhi, Aug 28 (IANS) Germany's conglomerate ZF Group is going to invest 2 billion euros (approximately Rs 18,750 crore) in the next six years to expand its business in India across various sectors including auto components, wind gearboxes, construction and agricultural machinery.

Global health organisation hails PMUY LPG scheme for poor

IANS | August 28, 2024 11:52 AM

Mumbai, Aug 28 (IANS) Families in Indian villages switching to exclusive use of LPG would save more than 1,50,000 lives a year due to reduction in both indoor and outdoor pollution that arises from ‘chulha (wood/coal stove)’ smoke in household kitchens, according to a study by global public health organisation Vital Strategies.

PMJDY world's largest financial inclusion scheme: Nirmala Sitharaman

IANS | August 28, 2024 10:09 AM

New Delhi, Aug 28 (IANS) The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched by Prime Minister Narendra Modi on August 28, 2014, has become the world's largest financial inclusion scheme — with more than 53.14 crore beneficiaries and total deposit balances at Rs 2,31,236 crore, the government said on Wednesday.