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PhonePe on Wednesday(15, May 2024) joined hands with LankaPay to allow its users to pay using UPI across Sri Lanka. To mark the partnership, PhonePe said its app users traveling to Sri Lanka can do payments using UPI across LankaPay QR merchants. The transactions will be promoted by the UPI and LankaPay National Payment Network. Users can now scan LankaQR code to make secure and quick payments without carrying cash or calculating currency conversions. The amount will be debited in INR, displaying the currency exchange rate. PhonePe's CEO, International Payments, Ritesh Pai, said the partnership with LankaPay offers unparalleled convenience…

Oil prices enlarged from the precedent session on Thursday on signs of stronger demand in the US, where data showed affectation slower than markets expected, and bolstering arguments for interest rate cuts that could lead to further consumption.Brent futures enlarge 32, or0.4, to$83.07 a barrel at 0620 GMT, while U.S. West Texas Intermediate crude( WTI) increase 31, or0.4, to$78.94.IG Markets strategist Yep Jun Rong said that" the more subdued reading for US April inflation and the weaker- than- expected reading in US retail sales provide way for the Fed to consider an earlier rate cut, raising market prospects and “…

Aligned with its customer-first approach, Hero MotoCorp, the world’s largest manufacturer of scooters and motorcycles, has joined the ONDC Network, thereby becoming the first auto company in the country to join the network. Hero MotoCorp, with India's largest physical distribution network, is partnering with ONDC to expand its reach and convenience by offering a digital mode for customers. The Open Network will initially offer two-wheeler parts, accessories and merchandise. Customers can easily discover Hero Genuine Parts by using any buyer apps on the Network, such as Paytm and Mystore, among others. Hero MotoCorp's integration enhances reach and efficiency for channel…

National Skill Development Corporation (NSDC) under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE) and Indian Institute of Technology (IIT) Guwahati, launched the Daksh Gurukul Skill Academy to provide credit linked programs in new-age skills to the youth. The event was graced by Dr. B Kalyan Chaudhary, Principal Secretary, Skill Development, Government of Assam; Prof. Rajeev Ahuja (Director, IITG) and Prof. Gaurav Trivedi (Associate Dean- Faculty Affairs, Coordinator- Daksh Gurukul-IITG). Mr. Abhinav Mishra from NCVET, Mr. Pravesh Dudani, Academic Advisor-NSDC and Chancellor Medhavi Skills University, Dr. Mohan V Aware, Director, NIT Arunachal Pradesh, Prof. Eshankur Saikia from…

ExxonMobil, a global leader in synthetic motor oils, recently commemorated 30 years of successful partnership with Mercedes-Benz India. The milestone event held at the Mercedes Benz India facility at Chakan, Pune, highlighted the enduring collaboration between the two pioneers, and their commitment to furthering innovation and mutual growth in the sector. ExxonMobil has worked closely with Mercedes Benz in order to produce and deliver synthetic motor oils that satisfy the changing demands of Mercedes Benz's expanding luxury range in India, which includes SUVs like the GLE and GLS, as well as the A-Class limousine and Mercedes Maybach S 580 limousines.…