India set to become 'GCC Capital of the World'

India set to become 'GCC Capital of the World'

India is set to become the 'GCC Capital of the World' with 1,700 global capability centres (GCCs) employing over two million people — a number projected to grow significantly by 2030, the government said on Thursday. Jan 16, 2025
Unified Payments Interface (UPI)

Indians in UAE to Enjoy Seamless UPI Transactions with NIPL-Magnati Tie-Up

In a significant development for Indian tourists visiting the United Arab Emirates (UAE), the National Payments Corporation of India (NPCI) International Payments Limited (NIPL) has announced a partnership with Magnati, a leading payment solutions provider in the Middle East. This collaboration aims to expand the QR-based merchant payment network in the UAE enabling a wider range of merchants to provide Unified Payments Interface (UPI) as a payment method to Indian travellers. Jan 16, 2025
Generative AI

GenAI adoption projected to transform nearly 3.8 crore jobs in India by 2030

The Generative AI (GenAI) adoption is projected to transform at least 38 million (3.8 crore) jobs in India by 2030, driving a 2.61 per cent productivity boost to the economy through gains in the organised sector and additional 2.82 per cent with the adoption of GenAI by the unorganised sector. Jan 14, 2025