Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M. Scindia, today unveiled the UPI–UPU Integration project at the 28th Universal Postal Congress in Dubai, a landmark initiative set to transform cross-border remittances for millions worldwide.
The initiative, developed by the Department of Posts (DoP), NPCI International Payments Limited (NIPL), and the Universal Postal Union (UPU), integrates India’s Unified Payments Interface (UPI) with the UPU Interconnection Platform (IP), combining the reach of the postal network with the speed and affordability of UPI.
Scindia announced financial support committing 10 million dollars during this cycle to channel technology into innovation, with special focus on e-commerce and digital payments. Taking forward the motto of 'Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas' he reiterated how India stands ready with resources, expertise and friendship.
Scindia also announced India’s candidature for the Council of Administration and the Postal Operations Council of the UPU, reaffirming its commitment to building a connected, inclusive, and sustainable future for the global postal community.
The Competition Commision of India has approved acquisition of Dana Incorporated’s off-highway business by Allison Transmission Holdings, Inc.
The proposed combination relates to the acquisition of Dana Incorporated’s (Dana) off-highway business (Dana OH) by Allison Transmission Holdings, Inc. (Allison).
Allison designs and manufactures vehicle propulsion solutions, transmissions, and electrified propulsion systems.Most of Allison’s products are used in commercial vehicles (i.e. on-highway applications), with only a small portion of them being used in off-highway vehicles (e.g. vehicles used in construction, forestry, mining, agriculture, and other industrial applications).
The Government of the Republic of India and the Government of the State of Israel signed a Bilateral Investment Agreement (Agreement), in New Delhi. The Agreement was signed by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman, and H.E. Mr. Bezalel Smotrich, Finance Minister of the State of Israel.
The Agreement marks historic milestone in the relation of two countries. The agreement is expected to boost investments, provide greater certainty and protection for investors, facilitating the growth of trade and mutual investments by ensuring a minimum standard of treatment, and an independent dispute resolution mechanism through arbitration.
The Agreement also includes provisions to safeguard investments against expropriation, ensure transparency, and enable smooth transfers and compensation for losses. At the same time, it carefully balances investor protection with the State’s regulatory rights, preserving sufficient policy space for sovereign governance.
The Agreement is expected to pave the way for increased bilateral investments between the two countries, which presently stands at total of USD 800 million, thereby benefiting businesses and economies in both countries.
They agreed to enhance economic and financial cooperation between the two countries and to promote and protect investments on a reciprocal basis.
Global agricultural leaders, policymakers, scientists and farmers gathered in New Delhi for DialogueNEXT in India. A two-day high-level event aimed at exploring and accelerating breakthrough innovations to secure the world’s food future, is being held from 8-9 September, 2025 at the ICAR Convention Centre, PUSA Campus, New Delhi.
Hosted by the World Food Prize Foundation in partnership with CIMMYT, the Borlaug Institute for South Asia (BISA) and the Indian Council of Agricultural Research (ICAR), this year’s DialogueNEXT “Take it to the Farmer” continues the farmer-focused theme, building on last year’s DialogueNEXT in Mexico.
Held on the occasion of World Agriculture Day, DialogueNEXT will shine a global spotlight on those who feed the world. The event celebrates India’s powerful legacy of agricultural innovation, honors Indian World Food Prize Laureates and showcases the country’s leadership in global food systems.
Non-resident Indian businessman from Palakkad and executive director of Middle East Dotspace Coworking Younus Ahamed has won the Camel International Award 2025 given by the Arabian World Records.
Mr. Ahamed was chosen for the award recognising his contributions and business leadership.
He received the award from Sheikh Matar Bin Huwaiden Al Ketbi, chairman of Sharjah Camel Racing Club, at a function held in Dubai
The Arabian World Records honoured 14 other outstanding achievers from across the globe in diverse fields like literature, art, fine arts, business and social media.
Hero MotoCorp Ltd announced on Monday the appointment of Harshavardhan Chitale as its chief executive officer (CEO), effective January 5, 2026. The board cleared the appointment at its meeting held earlier in the day, the company said.
As part of the transition, Vikram Kasbekar, who has been serving as acting CEO, will step down from the role when Chitale takes over.
Prior to that, he was vice-chairman and managing director of Philips Lighting India, where he executed the spin-off into a standalone public company and consolidated its market leadership.
Pawan Munjal- Executive Chairman, Hero MotoCorp.
As of September 6, 2025, the U.S. Department of State has ended the long-standing "third-country stamping" practice. Indian citizens—including those applying for F-1 student, B-1/B-2 visitor, H-1B, or O-1 visas—must now interview only in their home country, unless they fall under narrow exemptions.
Until now, many applicants — especially those in high-demand countries like India, China, Mexico, and Brazil — could apply for U.S. visas in other countries with shorter wait times. For example, an Indian H-1B worker might fly to Thailand or Germany for a quicker visa stamp.
In Football, India defeated Oman to finish third in the CAFA Nations Cup 2025 at Hisor Central Stadium in Tajikistan to win the bronze medal. The match finished 1-1 in regulation time after Udanta Singh scored the equaliser for India. Oman missed their first two chances in the penalty shoot-out and Gurpreet Singh Sandhu saved the final penalty as India won 3-2.
This was the first time ever that India defeated Oman in an international football match and this was also a historic finish to their campaign.
The International Day to Protect Education from Attack, observed annually on September 9, is a UN initiative to raise awareness about attacks on schools and students, and to call for action to protect educational institutions and ensure access to education, especially in conflict zones.
Established by the UN General Assembly in 2020 and co-facilitated by UNESCO and UNICEF, the day highlights the plight of millions of children affected by conflict and stresses the importance of safeguarding education as a fundamental right.
AURIC (Shendra-Bidkin Industrial Area) in Chhatrapati Sambhajinagar, Maharashtra proudly marks its sixth anniversary, celebrating a journey of industrial progress, global investments, and sustainable growth. It is one of India’s first Greenfield Industrial Smart Cities developed under the National Industrial Corridor Development Programme (NICDP).
AURIC: Growth and impact
In six years, 323 plots have been allotted across industrial and mixed-use categories, covering 3,029 acres of industrial land and 117 acres of mixed-use land. The total investment potential stands at over ₹71,343 crore, with an employment potential of 62,405 jobs (Direct & Indirect).
Russia has announced that its novel cancer vaccine, Enteromix, has demonstrated 100% efficacy and safety in initial human trials. The news highlights the vaccine's remarkable performance: patients experienced tumour shrinkage and no serious side effects.
Developed using the same mRNA technology as the COVID-19 vaccines, Enteromix is designed to train the immune system to recognize and eliminate cancer cells, a safer, more intelligent alternative to traditional treatments like chemotherapy.
This pioneering therapy is personalized for each colorectal cancer patient, offering a custom immunotherapy tailored to an individual's tumour profile. The trials involved 48 volunteers and were conducted by Russia's National Medical Research Radiological Centre in collaboration with the Engelhardt Institute of Molecular Biology.
The announcement, made at the 2025 St. Petersburg International Economic Forum, frames this Russian cancer vaccine as a potential game-changer in oncology, one step away from regulatory approval by Russia's Ministry of Health.
Credifin Limited has announced the appointment of Shalya Gupta as Managing Director for a five-year term, pending shareholder approval at the upcoming Annual General Meeting in September 2025. The decision, taken at the company’s recent Board meeting, reflects strong confidence in Gupta’s leadership and his vision for the company’s growth.
Currently serving as CEO, Gupta has been instrumental in driving Credifin’s operational expansion and digital transformation since joining the firm in 2022.
Credifin Limited, previously known as PHF Leasing Limited, has been registered with the Reserve Bank of India since 1998 and is listed on the Metropolitan Stock Exchange of India.
Viyona Fintech has secured Third-Party Application Provider (TPAP) approval from the National Payments Corporation of India (NPCI) to launch Unified Payments Interface (UPI) services nationwide. The announcement positions Viyona Fintech as a key player in India’s fintech sector, especially in promoting financial inclusion across rural and urban markets.
Through this NPCI authorisation, Viyona Fintech will offer secure and scalable UPI solutions by partnering with various banks. Its flagship offering, GraamPay, is designed to empower farmers, small merchants, and local communities with seamless digital collections, payouts, and frictionless transactions.
The integration of UPI services via GraamPay brings digital banking functionalities closer to underserved population groups, enabling instant and reliable payment options for everyday business needs.
Viyona’s strategy focuses on expanding UPI access in Tier II, Tier III cities and rural areas, bridging gaps in digital payments penetration.
