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Fintechs tell NPCI its 'default app' plan could kill competition
banking2d ago

Fintechs tell NPCI its 'default app' plan could kill competition

Seven Indian fintech firms have written to NPCI regarding its UPI Meta protocol. They argue the proposed framework risks locking customers into a single default payment app. This change could adversely impact competition and innovation within the digital payments ecosystem. The companies request broader consultation before NPCI proceeds with the framework. They believe the current UPI checkout flow does not require such a significant alteration.

Banking/Finance-Industry-Economic Times

Cornell student Austin Franco says university took no action after he rejected Jewish boss, claims controversy left him with $25,000 in donations
trending2h ago

Cornell student Austin Franco says university took no action after he rejected Jewish boss, claims controversy left him with $25,000 in donations

Cornell student Austin Franco is facing backlash for refusing a job offer based on religion and claimed the university has not disciplined him for his controversial remarks. Franco also states the controversy brought hi $25,000 in donations. Franco believes he was misled into the undercover meeting by a supposed support group.

News-Economic Times

NDMC carried out cleanliness drive after CJP calls off Jantar Mantar protest
trending3h ago

NDMC carried out cleanliness drive after CJP calls off Jantar Mantar protest

Cleanliness work commenced at Jantar Mantar after the CJP protest concluded. The New Delhi Municipal Council conducted a midnight sanitation drive at the protest site. Protesters vacated the area following assurances from the government on their demands. Union Education Minister Dharmendra Pradhan resigned, and Pralhad Joshi took charge. Delhi Metro stations reopened after security restrictions were lifted.

News-Economic Times

Intent of infiltrators hasn't changed since 1999 conflict, says Rajnath Singh in Dras
trending3h ago

Intent of infiltrators hasn't changed since 1999 conflict, says Rajnath Singh in Dras

Defence Minister Rajnath Singh addressed Army personnel in Dras on Kargil Vijay Diwas eve. He stated that infiltrators' intent remains unchanged since the 1999 conflict. Singh assured the Indian Army is fully prepared for any future challenges. The government emphasizes armed forces modernization and equipping them with the latest technology. He expressed confidence in the Indian armed forces becoming the world's best.

News-Economic Times

Canva billionaires Melanie Perkins and Cliff Obrecht are giving away $150 million in cash with no conditions for the world's largest unconditional cash transfer program in a low-income country
trending3h ago

Canva billionaires Melanie Perkins and Cliff Obrecht are giving away $150 million in cash with no conditions for the world's largest unconditional cash transfer program in a low-income country

Canva founders are funding a large cash transfer program in Malawi and under this initiative, they provides families with unconditional funds to improve their lives. Early results show significant reductions in child mortality and illness and increment in school enrollments. Local economies also benefited as money circulated through neighborhood businesses.

News-Economic Times

Quote of the Day by Elbert Hubbard: "Never explain yourself. Your friends don't need it and your enemies..." — Inspiring life lessons on confidence, self-respect, healthy boundaries, inner peace, and why do we keep seeking everyone's approval by the American writer, philosopher and publisher known for his timeless wisdom
trending3h ago

Quote of the Day by Elbert Hubbard: "Never explain yourself. Your friends don't need it and your enemies..." — Inspiring life lessons on confidence, self-respect, healthy boundaries, inner peace, and why do we keep seeking everyone's approval by the American writer, philosopher and publisher known for his timeless wisdom

Today's quote of the day comes from Elbert Hubbard, the American writer and philosopher who believed that self-respect is stronger than constant approval. His timeless words remind us that not every opinion deserves our attention. Real confidence grows when we stop explaining ourselves to everyone. This powerful quote offers lasting lessons on emotional intelligence, healthy boundaries, inner peace, and living with quiet confidence.

News-Economic Times

China issues red alert as Typhoon Noul approaches
trending3h ago

China issues red alert as Typhoon Noul approaches

China's national observatory issued a red alert as Typhoon Noul approaches its coast. The powerful storm is forecast to make landfall along Guangdong Province's coast. Emergency measures were initiated in Hong Kong, with flights and train services cancelled. Authorities raised flood and typhoon control responses to Level III in Guangdong. The typhoon is expected to move northwestward and gradually weaken after landfall.

News-Economic Times

India and Australia must move decisively to build resilient energy supply chains
economy3h ago

India and Australia must move decisively to build resilient energy supply chains

India and Australia must build resilient energy supply chains for regional stability. Critical minerals are foundational for this proposed energy security corridor. Australia offers vast mineral reserves, while India possesses a growing manufacturing sector. Collaborative efforts will focus on processing, battery manufacturing, and clean energy technologies. Diversified and trusted supply chains are essential for long-term energy ambitions.

Economy-News-Economic Times

Delhi-NCR weather today (July 26): Delhi to get more rain over the next five days; IMD issues yellow alert as Noida and Ghaziabad brace for heavy rainfall
trending4h ago

Delhi-NCR weather today (July 26): Delhi to get more rain over the next five days; IMD issues yellow alert as Noida and Ghaziabad brace for heavy rainfall

Delhi, Noida, Gurgaon weather: Delhi will experience very light to light rain for two days. Moderate rain is anticipated in the subsequent days, according to the weather office. Noida faces a yellow alert for heavy rainfall and thunderstorms on July 28 and 29. Gurugram and Ghaziabad are also expecting intermittent rain and thundershowers. These forecasts cover the period from July 26 to July 30.

News-Economic Times

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