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CROSS BORDER POWER FLOW
India okays Nepal's request for 654 MW electricity advance importIndia has approved Nepal's request for advance electricity import approvals. This allows Nepal to import around 654 MW of peak electricity ...- Successful BRICS summit gives BJP political boost ahead of assembly pollsThe recent BRICS summit held in New Delhi marked a pivotal moment for the ruling BJP party, enhancing its political leverage as it approach...
- Trump calls on Ukraine to halt strikes on Russian diesel, saying attacks are causing a shortageUkrainian drones struck Russian oil facilities, causing civilian casualties and damage. Russia launched retaliatory drone attacks on Ukrain...
- BRICS adopts New Delhi Declaration by consensus, navigates Iran-UAE divideBRICS members adopted the New Delhi Declaration by consensus after intense negotiations. The group called for a nuclear-weapon-free zone in...
- BRICS declaration vows cooperation to dismantle cross-border scam networksBRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...
- BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...
- PayU unveils AI-powered fraud liability protectIn a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...
- BRICS finance chiefs flag tariff risks, push cross-border paymentsBRICS finance ministers voiced concerns over unilateral trade actions and tariffs. They endorsed efforts for cross-border payment interoper...
- BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measuresBRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- BRICS finance ministers discuss possibility of efficient cross-border payment mechanismsBRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of ...
- PayU launches AI-powered fraud protection for cross-border card paymentsPayU introduced an AI fraud solution for Indian merchants accepting international card payments. This new Fraud Liability Protect uses AI t...
- BRICS can boost local-currency trade with deeper financial markets, stronger banking links: ExpertsBRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...
- UPI can do more tricks among BRICSIndia is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. ...
- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
- Jio Payment Solutions launches cross-border payments to connect exporters with global marketsJio Payment Solutions has launched a new cross-border payment platform. This facility helps Indian exporters receive international payments...
- Dutch fintech Adyen sees long-term India opportunity, plans local expansionWith plans for a substantial expansion in India's digital payments sector, Adyen is actively recruiting more staff to address surging deman...
- At flood-destroyed China-Nepal border, no sign of a once-busy portRescue workers search for hundreds missing after a glacier collapse caused a devastating mudslide. The Gyirong border crossing, a key trade...
- Cross-border fintechs are still competing with banks, not each other: Skydo’s Movin JainSkydo co-founder Movin Jain says fintechs together account for only 1-2% of the market, making category creation a bigger priority than com...
- India weighing steps to help Nepal with more powerIndia is processing requests for increased power flow to Nepal. Nepal seeks advance import approvals effective September due to flood damag...
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