India and Singapore on Tuesday linked the United payment interface network with Singapore’s Pay now, enabling instant fund transfers between users in both countries.
The cost of fund transfer will be much lower than going through banks.
With the link in place, money in bank accounts or e-wallets can be transferred using UPI-ID, mobile number Or Virtual payment address.
The new mechanism will allow Indians to transfer upto ₹60000 Or SGD 1000 a day.
# Supreme Court
In a historic step, the Supreme Court on Tuesday began live transcription of proceedings before a five judge Constitution bench hearing petitions filed by the Shiv sena faction led by Uddhav Thackeray.
The live transcription started before a Constitution bench hearing as an experiment and could be expanded in future.
It will create a permanent record of arguments.
It will also benefit law students who can analyse how matters are argued in the Supreme Court.
# Russia
Russian President Vladimir Putin on Tuesday delivered a nuclear warning to the West over Ukraine.
Russia also suspended the last remaining nuclear arms control pact with the US.
Meanwhile, US President Biden pledged that the US and its allies will back Ukraine.
# Shiv sena
The Supreme Court granted urgent hearing on Wednesday to the Uddhav Thackeray group’s plea for a stay on the Election commission order declaring Maharashtra CM Eknath Shinde’s faction as the real Shiv Sena.
CJI has agreed to hear the case on the urgent basis.