NPCI on Thursday said its overseas arm has signed a pact with the Bank of Namibia (BoN) for developing a UPI-like instant payment system for Namibia.By leveraging technology and experiences from India's UPI, the partnership seeks to help Namibia modernize its financial ecosystem. This includes improving accessibility, affordability and connectivity with both domestic and international payment.
Open FlipAfter falling three percent intraday, shares of Manyavar parent Vedant Fashions erased losses on May 2 following its muted March quarter earnings show.At 12.30 pm, shares of the firm were trading flat at Rs 953.6 apiece on the NSE.For the quarter ended March, Vedant Fashions reported total revenue of Rs 363.16 crore, up 6.3 percent from Rs 341.63 crore in the year-ago period.
Open FlipThe resurgence of Public Sector Undertakings (PSUs) stocks in the Indian equity market in the last few years has been nothing short of remarkable. These companies, once overshadowed by private sector counterparts, have staged a remarkable comeback, attracting the attention of investors and analysts alike. The journey from underperformance to outperformance has been a testament to the resilience.
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