OBOR and India

China-Pakistan Economic Corridor (CPEC) is an infrastructure development project planned and funded by China to connect its westernmost city Kashgar in northwestern autonomous province Xinjiang to Pakistan’s port city Gwadar. This project forms a very crucial part of China’s One Belt One Road (OBOR) initiative. Continue reading “OBOR and India”

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Can UPI really change India?

After final approval from Reserve Bank of India (RBI), Unified Payment Interface (UPI) is finally operational in India. It is developed by National Payments Corporation of India (NPCI), the umbrella organization for all retail payment systems in the country. UPI which is an improved version of Immediate Payment Service (IMPS) is expected to help India move towards becoming a cashless economy. Continue reading “Can UPI really change India?”