Articles for tag: Africa, Aiming, America, Digital, Expansion, Global, Indias, Launches, Negotiating, Payment, Seeks, South, Systems, UPI

Market News

India’s UPI seeks global expansion, negotiating digital payment systems in Africa and South America, aiming for launches by 2027.

India’s UPI seeks global expansion, negotiating digital payment systems in Africa and South America, aiming for launches by 2027.

India is actively working with several countries in Africa and South America to establish digital payment systems based on its successful Unified Payments Interface (UPI) model. Ritesh Shukla, CEO of NPCI International Payments Ltd, announced that two projects are expected to launch by early 2027, following agreements with Peru and Namibia earlier this year. The ...

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India’s shipbuilding industry sees a potential boost as Japan and South Korea express interest in investments and collaboration.

India’s shipbuilding industry sees a potential boost as Japan and South Korea express interest in investments and collaboration.

Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, announced that Japan and South Korea are interested in investing in India’s shipbuilding industry. This could lead to direct investments, joint ventures, and technology sharing, enhancing India’s capabilities in this sector. To further develop shipbuilding, the ministry plans to create multiple clusters with the help of ...

Market News

South Korea probes Mercedes-Benz after a fire linked to their EQE vehicle’s Farasis batteries damaged 140 cars and displaced residents.

South Korea probes Mercedes-Benz after a fire linked to their EQE vehicle’s Farasis batteries damaged 140 cars and displaced residents.

South Korea’s antitrust regulator is investigating Mercedes-Benz Korea following a fire incident involving one of its electric vehicles in Incheon that damaged around 140 cars and forced residents to evacuate. The fire occurred on August 1, and authorities are probing whether the company misled consumers regarding its battery suppliers. The Mercedes EQE vehicle involved in ...

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