A decade ago, making a digital payment was not as simple as scanning a QR code or entering a UPI ID. Today, 𝗨𝗣𝗜 𝗵𝗮𝘀 𝗯𝗲𝗰𝗼𝗺𝗲 𝗮 𝗳𝗮𝗺𝗶𝗹𝗶𝗮𝗿 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗲𝘃𝗲𝗿𝘆𝗱𝗮𝘆 𝗹𝗶𝗳𝗲 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮, changing how people send, receive, and manage money.Launched in 𝟮𝟬𝟭𝟲, the Unified Payments Interface (UPI) was created to make bank-to-bank transactions faster, easier, and more convenient. What began as a new...
𝐈𝐧𝐝𝐢𝐚 𝐍𝐚𝐦𝐞𝐝 𝐢𝐧 𝐔𝐒 ‘𝐒𝐡𝐚𝐝𝐨𝐰 𝐓𝐫𝐚𝐧𝐬𝐡𝐢𝐩𝐦𝐞𝐧𝐭 𝐍𝐞𝐭𝐰𝐨𝐫𝐤’A new US report has placed India among more than 40 countries allegedly connected to a “shadow transhipment network”, where Chinese-made products are reportedly routed through third countries before entering the US to avoid tariffs.The report divides these countries into three risk categories. India, Mexico, Canada and the European Union are in Tier 1, where the US identifies...
