NTT Data Payments to take UPI global

MUMBAI: NTT Data Payment Services is working on linking India’s UPI with other fast payment systems across Asia through a hub-based architecture that could eliminate the need for multiple bilateral arrangements, senior executives said, outlining a strategy to simplify cross-border retail payments. The company launched Adaptis – its unified service brand for its digital payment…

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E20 Fuel Mileage Drop: Mileage drop due to E20? 2-6%, says 1 minister, 3-5%, says another

NEW DELHI: How much is the estimated drop in fuel efficiency when E20 fuel is used in non-E20-compliant vehicles? While govt rejected claims on social media of substantial loss in mileage due to E20 petrol, transport and petroleum ministries have given slightly different figures.Road transport ministry, citing a study by Automotive Research Association of India…

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Smartphone exports rise 23% to $9.8 billion in Q1

NEW DELHI: Smartphone exports rose 23.4% to $9.8 billion during the June quarter, with the segment accounting for nearly two-thirds of electronic shipments of about $15.2 billion during April-June.This was the highest-ever first-quarter smartphone exports by value and was driven by strong iPhone shipments to the US, reinforcing the country’s emergence as a key global…

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