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Showing posts from April, 2024

Global Hydrogen Price Index: A Plan to Boost Transparency and Confidence in Green Hydrogen Industry

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Currently, the world is progressing towards clean and green energy sources to strongly uphold the unfailing commitment to limit greenhouse gas emissions. India’s commitment to delivering climate change efforts is an inspiration for countries worldwide. In such a scenario the initiative to establish the Global HydrogenPrice Index (GHPI) must prove to be a boon in the country’s effort to transition to green hydrogen. It will also help in establishing India as the global hub of production, usage, and trade of green hydrogen. Source: https://egov.eletsonline.com/2024/01/gift-city-takes-the-lead-in-crafting-mechanism-for-global-hydrogen-trading It will boost the growth of the hydrogen economy in India and help to extend its presence globally by boosting investor’s confidence through a fair price discovery mechanism. For the same , an MoU by the International Financial Services Centre (IFSC) has been announced between Gujarat State Petroleum Corporation (GSPC) and Indian Gas Exchange (IGX)...

India’s Digital Payment System ‘UPI’ Receives Global Launch at Eiffel Tower

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  Source:  https://apacnewsnetwork.com/2024/02/upi-payments-introduced-in-france-by-npci-international-and-lyra/ In the present digital world, India is revolutionizing the global fintech market with its Unified Payment Interface (UPI) system. After successful implementation domestically and introduction in many other countries of the world such as UAE, now India officially launched the UPI system in a popular global tourist location Eiffel Tower in Paris, France . It has been a contemporary example of bridging technology and culture in one place.   India’s UPI was formally launched in France on the occasion of India’s Republic Day reception  with the announcement of its commencement at the iconic Eiffel Tower. It is the first tourist destination in Europe to accept UPI payments marking its grand global launch. The Prime Minister of India during his visit to France last year in July 2023, disclosed the alliance between the countries to use UPI. For its implementation...