NPCI International and FOMO Pay Join Hands to Boost UPI in Singapore.
- NIPL–FOMO Pay Partnership: Expands UPI acceptance across Singapore.
- Merchant Network: FOMO Pay merchants can accept payments from Indian users through UPI apps.
- First Merchant: Resorts World Sentosa is the first major merchant to enable UPI payments.
- Payment Modes: Supports both online and in-store transactions.
- Benefit: Enables convenient cashless payments for Indian travellers in Singapore.
Southern Railway Reaches 100% Broad Gauge Electrification Milestone.
- 100% Electrification: Southern Railway fully electrified its 5,068-km Broad Gauge network.
- Final Section: Electrification completed on the 71-km Pattukkottai–Karaikkudi section.
- Operational Benefit: Eliminates diesel-to-electric traction changes and enables smoother, faster train operations.
- Environmental Benefit: Reduces fossil-fuel dependence and supports cleaner, energy-efficient rail transport.
Gandhinagar to Host World Circular Economy Forum 2026.
- WCEF 2026: India will host the World Circular Economy Forum in Gandhinagar, Gujarat, from September 15–18, 2026.
- First in South Asia: This marks the forum’s first edition in South Asia.
- Theme: Circular Economy: Transition for People and Prosperity.
- Organizers: MoEF&CC and CPCB, with Sitra and Finland as international partners.
- Participation: Over 2,000 participants from 65+ countries expected.
- Expo: More than 125 national and international exhibitors will showcase circular-economy solutions.
India-Russia Target $100 Billion Trade Volume by 2030.
- Trade Target: India and Russia aim to reach $100 billion bilateral trade by 2030, up from the current $60 billion.
- Investment Target: $50 billion in two-way investments.
- Bilateral Investment Treaty: Efforts underway to fast-track a new BIT for greater investment protection.
- Local Currency Payments: Plans to strengthen local currency settlement mechanisms to ease cross-border transactions.
- Priority Projects: 40 projects being monitored across manufacturing, energy, mining and railways.
- Focus Sectors: Pharmaceuticals, textiles, engineering goods, chemicals and automobiles identified for export growth.
E-Commerce Platforms Face Stricter Price Transparency Rules.
- New Rules: Consumer Protection (E-Commerce) Amendment Rules, 2026 to take effect from January 1, 2027.
- Price Transparency: Platforms must display the lowest price offered in the previous 30 days alongside discounts.
- Sponsored Listings: Paid or sponsored results must be clearly labelled.
- Dark Patterns: Platforms must follow 2023 dark-pattern guidelines and conduct an annual self-audit.
- Consumer Protection: E-commerce entities must integrate with the National Consumer Helpline (NCH).
- Product Details: Platforms must disclose expiry/best-before dates, warranty terms, importer details and country of origin.
إرسال تعليق
Please do not add any SPAM links or unrelated text in comments.