Paytm created 15.5 crore UPI handles for on-line transactions
Digital funds and monetary providers firm Paytm has stated that there are 155 crore UPI handles/IDs on Paytm Funds Financial institution’s platform. The Paytm UPI handles have been created by Paytm Funds Financial institution as per the small print submitted with the market regulator SEBI in reference to the corporate’s IPO. Please notice that UPI Handles/IDs are used to ship and obtain cash. Paytm Funds Financial institution is NPCI licensed cost service supplier and issuing financial institution for UPI transactions. “Paytm Funds Financial institution has 155 crore UPI handles on the platform,” the corporate stated in a press release, referring to the DRHP deposited with SEBI lately for the IPO. With the rise in digital funds, there is a rise in cost via UPI at retail and enormous service provider retailers.
India made massive leap in commerce facilitation rating
India’s commerce facilitation rating has improved as a result of reforms undertaken by numerous departments below the Central Board of Oblique Taxes i.e. CBIC particularly the Customs Division. The Finance Ministry stated in a press release that India’s place within the United Nations International Survey on Digital and Sustainable Commerce Facilitation has improved considerably. In response to the assertion, India secured 90.32 per cent marks within the newest survey, in comparison with 78.49 per cent within the earlier yr 2019. After evaluating 143 economies all over the world, India’s place within the 2021 survey improved in lots of respects together with transparency, institutional preparations and cooperation, paperless commerce. The survey stated that India carried out higher than the South and South West Asia area and Asia Pacific area. The assertion stated that India’s rating was discovered to be higher than many OECD international locations like France, UK, Canada, Norway, Finland and many others.
ICICI Financial institution Q1 outcomes: Internet revenue up 52 per cent to Rs 4747 crore
Personal sector ICICI Financial institution on Saturday launched the primary quarter outcomes of the present monetary yr. The financial institution’s consolidated internet revenue for the primary quarter ended June of the present monetary yr grew 52 per cent to Rs 4,747.42 crore. The second largest non-public sector financial institution by belongings reported a internet revenue of Rs 4,616.02 crore within the first quarter on a standalone foundation, up 77 per cent over the corresponding quarter of the earlier monetary yr. In a communication to the inventory exchanges, the financial institution stated that its complete revenue declined to Rs 24,379 crore in the course of the quarter from Rs 26,067 crore within the corresponding quarter of the earlier fiscal. The financial institution’s complete provisioning in the course of the quarter stood at Rs 2,852 crore as in opposition to Rs 7,594 crore within the year-ago interval
GoFirst operates first night time flight from Jammu to Delhi
Price range airline GoFirst operates the primary night time flight from Jammu to Delhi. This airline was earlier often called GoAir. Accordingly, flight ‘G8 196’ took off at 8 pm. on Friday and was operated on an Airbus A320neo. GoFirst will function scheduled flights from Jammu to Delhi and Srinagar going ahead. “This marks the start of a brand new period for the Union Territory, which has lengthy advocated the introduction of night time flights for higher connectivity with the remainder of the nation.” Notably, the airline will function 4 flights per week from Jammu to Delhi on Monday, Tuesday, Thursday and Saturday and three flights from Jammu to Srinagar on Wednesday, Friday and Sunday. In response to GoFirst Chief Government Officer Kaushik Khona, “This initiative will assist the farming community and also strengthen the tourism sector, which plays a major role in the economic development of the region.” He stated, “We are going to proceed to offer higher connectivity and play a job within the financial growth of Jammu and Kashmir. GoFirst is strengthening the community within the Union Territories of Jammu and Kashmir by rising the variety of flights from Jammu to Delhi and Srinagar. “
NASA spacecraft to fly to Jupiter on SpaceX-built Falcon Heavy rocket
US house company NASA’s Europa Clipper spacecraft, which is ready for launch to Jupiter’s icy moon in October 2024, will take off on a Falcon Heavy rocket constructed by SpaceX. The US house company can pay SpaceX about $178 million for launch providers. The house company gave this info in a press release on Friday. Europa Clipper will conduct an in depth survey of Europa and use a complicated suite of science devices to check whether or not the icy moon has situations appropriate for all times. NASA stated the mission – 45 occasions Fly by the Moon (45 occasions fly by the Moon) – to supply high-resolution images of Europa’s floor, decide its composition, search for indicators of latest or ongoing geological exercise To measure the thickness of the Moon’s icy shell, to seek for subsurface lakes. Together with this, it additionally has the aim of figuring out the depth and salinity of Europa’s ocean. The mission to Jupiter’s icy moon Europa was authorised by NASA in 2015.
(With inputs from IANS)
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