Indian Development News 🇮🇳
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UPI's biggest players revealed! 💰📈

Share in UPI transaction value (Jan 2023):
🥇PhonePe: 49.4%
🥈Google Pay: 33.7%
🥉Paytm: 10.6%
🏅CRED Pay: 1.4%

Together, they make up 95.1% of the market. #DigitalIndia
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Pakistan PM Shehbaz Sharif has issued instructions to the Ministry of Foreign Affairs to slash down a number of foreign missions abroad & reduce their offices, staff & other measures to cut down expenditures by 15% #IndianSubcontinent
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https://twitter.com/TheLeaflet_in/status/1628029903819116549

Mordernisation of Judiciary!

Supreme Court starts providing transcripts of all hearings. AI used widely in law firms- teres.ai, has been used for these live transcripts.
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🇷🇺📄🇲🇩Putin,revoked the 7 May Decree of 2012 no. 605 which affirmed Russia's commitment to "find a solution to the Transnistrian conflict that would respect the territorial integrity and neutrality of the Republic of Moldova in setting up a special status for Transnistria".

OSINTs claim war to expand and escalate even further as both Ukraine and Russia aim to invade Transnistria for old Soviet era ammo dumps and airport control.

#InternationalNews #Geopolitics
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India and China hold the 26th meeting of Working Mechanism for Consultation & Coordination on India-China Border Affairs (WMCC) in person in Beijing.

This was the first WMCC meeting since the 14th meeting held in July 2019, to be held in person.

#ForeignAffairs
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M7.1 #Earthquake 59 km W of Murghob, Republic of Tajikistan.

Thankfully no casualties reported since it was sparsely populated.
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NGRI scientists warn of intensity #earthquake to occur soon in Himachal, Uttrakhand and western parts of Nepal
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The global body is working with the Indian government to help it establish a national assessment regulator called PARAKH (Performance Assessment, Review and Analysis of Knowledge for Holistic Development) which will set up norms and standards for exams, including boards exams and surveys like the National Achievement Survey (NAS). The idea is to bring in parity between the various state boards across the country in terms of their assessment criterion. 

“We are bringing in our experts in psychometrics, which is really the science of testing, an interaction of psychology, statistics and education. We have some of the world’s leading psychometricians who will help in formulating the guidelines. They will establish how tests should be formulated and how scoring should be done,” the CEO said.
#Education

http://bit.ly/3XTV1Su
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Vedanta may have a fair chance to run Sterlite plant again: Sunil Duggal, Group CEO, Vedanta Limited #MakeInIndia
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NASA's Chandra X-Ray Observatory Discovers Supermassive Black Holes On Collision Course #Space

https://ift.tt/ZfaIUF5
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Maharashtra To Witness Development Of 114 Maritime Projects Worth Rs 99,210 Crore Under the SagarMala Programme #Infra

via Swarajya https://ift.tt/0nlyaj2
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🇺🇸💵 You can now buy a 1-Year US Treasury bill and earn 5% on your money. When was last time we saw yields that high?

July 23, 2007.
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Indian Development News 🇮🇳
🇺🇸💵 You can now buy a 1-Year US Treasury bill and earn 5% on your money. When was last time we saw yields that high? July 23, 2007.
Whenever the Yield for U.S. government bonds shoot up, it typically signals a distrust in the economy. It also means that the U.S. government has a higher risk for default and investors are demanding a higher premium for taking an increased risk.

If the yield for US Treasuries goes up, it is safe to say that the cost of borrowing across the nation will also rise, possibly leading to the contraction of the economy.

This same pattern was observed before the 2008 financial crisis.

#Economy #InternationalNews #NWO
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