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NEW DELHI: India is moving to position its QR (Quick Response) code-based payment system on the global stage. The Bureau of Indian Standards (BIS) has introduced fresh norms covering biometric authentication, QR code-based payments and digital currency security to reduce fraud risks and enhance interoperability according to two people aware of the development.The move is intended to strengthen safeguards in India’s rapidly expanding digital financial ecosystem and build confidence among developed economies, where QR code payments are still a novelty, the people said.The rapid expansion of digital payments, biometric-based authentication systems and QR code transactions in India has raised concerns over fraud, identity theft, data misuse and vulnerabilities in the digital payment infrastructure.

Subscribe to enjoy similar stories. Bangladesh will have a new prime minister on Tuesday, with Tarique Rahman of the Bangladesh Nationalist Party (BNP) set to take the oath in Dhaka. Senior foreign representatives will attend the ceremony, including Lok Sabha Speaker Om Birla from India.

Subscribe to enjoy similar stories. RANGPUR, Bangladesh—In July 2024, when young Bangladeshis frustrated with their job prospects were taking to the streets, Faruk Ahmed Shipon joined them each day. To the amazement of the 25-year-old, the demonstrations grew into a revolution that toppled Bangladesh’s authoritarian leader, Sheikh Hasina, who had ruled the country for most of Shipon life.

Subscribe to enjoy similar stories. WestBridge Capital, a US- and India-focused early-to-growth-stage investment firm, is betting big on climate tech to become a large, for-profit opportunity for investors in the coming decade. The firm has backed Gurugram-based Varaha, a developer of high-integrity carbon removal projects, and led the $20 million Series B funding round.

JSW Steel and other steel stocks are in the news. The company’s shares jumped 4.9% on 31 December, largely on account of the government’s decision to impose import tariffs on steel products. Before the recent correction, the stock had been trending up for more than two years.Import tariffs help protect pricing of domestic steel producers by preventing cheaper imports, so what does the future hold for the stock? Today, we will discuss the pros and cons of investing in JSW Steel.

Subscribe to enjoy similar stories. Varun Beverages Ltd (VBL)’s acquisition of South Africa-based Twizza (Pty) is less about shoring up near-term earnings and more about extending its growth runway beyond India. While the domestic business remains resilient, stiff competition is creating challenges.

India’s exports are heavily dependent on the US, and are currently under threat due to high tariffs. But hidden in numbers is another simple story: the region that could boost Indian exports is not across the Pacific, but across its borders.

Prithvi Subba Gurung on Sunday said that former King Gyanendra breached the agreement he had reached with political parties that he would honour the constitution. «The government will take action if he continues to indulge in activities directed against the constitution,» he said. Speaking at a programme in Lamjung district, Gurung said, «The ex-monarch has violated the agreement he had reached with the political parties in the past that he would honour the constitution and not indulge in activity that would undermine the sovereign people.» Gyanendra had reached the agreement with political parties that the government would let his mother, former queen Ratna Rajyalaxmi Shah, to live in a section of Narayanhiti Palace, and to let him live in Nagarjun Palace on the outskirts of Kathmandu, he said. The government had agreed to provide him with the facilities entitled to a former head of the state and that he would honour the constitution and also not interfere with sovereign rights of the Nepalese citizens, Gurung added. However, the former king had breached the agreement with his statement during the democracy day on February 19, he said.

KP Sharma Oli has said the meeting with Indian Prime Minister Narendra Modi on the sidelines of the BIMSTEC Summit in Thailand's Bangkok was «fruitful and progressive.» Addressing a press conference after landing back in Kathmandu on Saturday afternoon, the Nepali Prime Minister said that a commitment has been established between the two counterparts to take the relationship to newer heights. «We (both the Prime Ministers) have made the commitment that the Nepal-India relation will be taken to new heights, further deepening it, covering wider aspects and solve the problems that arise over the time. It is common that neighbours will encounter problems and it is resolved through dialogue, we both are convinced about it. The meeting went very well and I am very happy and consider it as fruitful for both the countries. While talking about him (Indian Prime Minister), I also understand that he is happy with the meeting, which I decode from the talks with him,» Oli said in the press briefing at the VVIP lounge of Tribhuvan International Airport.

Rashtriya Swatantra Party (RSP) chairman and Nepal's former home minister Rabi Lamichhane has been re-arrested for his alleged involvement in a cooperative fund scam case. Police on Friday night arrested Lamichhane after Tulasipur High Court issued his remand order, an official said.

Jajarkot district on Friday, officials said on Saturday. Two back-to-back earthquakes struck western Nepal on Friday evening, occurring just three minutes apart.

Anura Kumara Dissanayake honoured Prime Minister Narendra Modi with the highest award to a foreign head of state, Mitra Vibhushana. Dissanayake said that PM Modi highly deserves this honour. In a joint press statement alongside PM Modi, Dissanayake said, «I am pleased to announce that the Government of Sri Lanka has decided to confer upon him (PM Narendra Modi) the highest Sri Lankan honour to a foreign head of state/head of government- Sri Lanka Mitra Vibhushana. This prestigious honour, which was introduced in 2008, is conferred upon heads of states and government for their friendship, and honourable Prime Minister Modi highly deserves this honour; that is what we firmly believe.» The «Dharma Chakra» demonstrates the shared Buddhist heritage that has shaped the cultural traditions of both nations. The «Pun Kalasa» (a ceremonial pot) adorned with sheaves of rice symbolizes prosperity and renewal. The «Navarathna» (nine precious gems) represents the priceless and enduring friendship between the two countries, depicted within a globe encircled by pure lotus petals. The «Sun and Moon» signify the timeless bond, stretching from the ancient past into the infinite future. Together, these elements beautifully capture the deep cultural and spiritual connection between the two nations.

In 2024, at the India-ASEAN Summit, Modi gifted a vintage brass Buddha statue to Laos President Thongloun Sisoulith, symbolizing shared heritage and India’s commitment to cultural diplomacy. In the same year, India sent several sacred relics of Lord Buddha and his disciples to Thailand. The relics of Lord Buddha and his disciples, Arahant Sariputta and Arahant Maha Moggallana, were taken to Bangkok by an Indian delegation and displayed for 25 days in four cities of Thailand . In 2023, PM Modi and Japanese Prime Minister Fumio Kishida visited the Bal Bodhi Tree at Buddha Jayanti Park in Delhi, reinforcing the deep-rooted Buddhism ties between India and Japan. India also hosted the first-ever Global Buddhist Summit, bringing together scholars and practitioners to discuss contemporary challenges through the lens of Buddhist philosophy, where Modi stressed that Buddha’s teachings provide solutions to global issues. In 2022, PM Modi visited Lumbini, Nepal, on Buddha Purnima and laid the foundation stone for the India International Centre for Buddhist Culture and Heritage, a landmark project promoting Buddhist culture and strengthening Indo-Nepal spiritual ties.

death toll from Myanmar's devastating earthquake climbed to 3,354, with 4,850 injured and 220 missing, state media said on Saturday, as the visiting U.N. aid chief praised humanitarian and community groups for leading the aid response. The leader of the military government, Senior General Min Aung Hlaing, was back in the capital Naypyitaw after a rare foreign trip to attend a summit in Bangkok of South and Southeast Asian nations, where he also met separately with the leaders of Thailand, Nepal, Bhutan, Sri Lanka and India. Min Aung Hlaing reaffirmed to Indian Prime Minister Narendra Modi the junta's plans to hold «free and fair» elections in December, Myanmar state media said. Modi called for a post-quake ceasefire in Myanmar's civil war to be made permanent, and said the elections needed to be «inclusive and credible», an Indian foreign affairs spokesperson said on Friday. Critics have derided the planned election as a sham to keep the generals in power through proxies.

Communist Party of China (CPC) has said in a message to the CPI(M), extending wishes for the party congress underway in Madurai. According to a document shared by the Communist Party of India (Marxist), 34 Left parties from across the world have sent it messages wishing success to its 24th party congress. Besides the CPC, they include Workers' Party of Korea, Communist Party of Vietnam, Communist Party of Cuba, Communist Party of Australia, Workers' Party of Belgium, Palestinian People's Party, besides communist parties from the US, France and Germany among others. Communist Party of Bangladesh, Workers Party of Bangladesh, Communist Party of Nepal (United Socialist), Awami Workers' Party, Pakistan, Communist Party of Pakistan and Communist Party of Burma also sent messages wishing success to the CPI(M) congress. The CPC in its message said in the present international landscape, an improving China-India relationship serves the common interest of both countries and the region. «The international landscape and world order are now in a new round of transformation. An improving China-India relationship serves the common interests of both countries and the region,» CPC said.

Airtel, HDFC Bank, Macrotech Developers, Maruti Suzuki, Hindustan Zinc among others will be in focus due to various news developments. SpiceJet SpiceJet, which had regular flights to Nepal before the Covid pandemic, has received scheduled approval and slots from Kathmandu's Tribhuvan International Airport (TIA).

Subscribe to enjoy similar stories. New Delhi: A seismic shift is rocking India’s retail landscape, with several chief executives of high-profile companies jumping ship and docking with rivals, even as the industry grapples with slowing growth and evolving consumer behaviour that is moving towards value brands. From Levi Strauss & Co.

Kathmandu on Friday witnessed a tense situation after pro-monarchy protesters pelted stones, attacked the office of a political party, set fire to vehicles and looted shops in the Tinkune-Baneshwor area of Kathmandu. Two persons, including a TV cameraman, were killed and 110 others injured in the clashes between the security personnel and the pro-monarchy protesters. As the protest was organised on the call of Gyanendra Shah, Kathmandu Metropolitan City's (KMC) mayor Balendra Shah sent a letter to his residence at Nirmala Niwas at Maharjgunj on the outskirt of Kathmandu asking him to pay Nepali Rupees 7,93,000 as compensation against the damage. In the letter sent to the former monarch, copies of which were released to the media, the KMC said that the protest organised with the call of the former monarch had damaged various properties belonging to the metropolis and affected the environment of the capital city. Durga Prasai, who was the convener of Friday's agitation, had met Gyanendra Shah a day before and received instructions to stage the agitation demanding reinstatement of monarchy and a Hindu state.

Leader of Opposition in the Upper House Mallikarjun Kharge asked the government the total expenditure incurred by Indian embassies on arrangements for the prime minister's foreign visits in the past three years. He also asked for visit-wise details of expenses under major heads such as hotel arrangements, community receptions, transport arrangements and other miscellaneous expenditures among others. The data on country-wise expenditure on foreign visits by the prime minister, including the expenditure on official, accompanying, security and media delegations, in 2022, 2023 and 2024 was shared in a tabulated form in his response. According to the data, an expenditure of Rs 22,89,68,509 was incurred on the visit of the prime minister to the US in June 2023, while the expenditure incurred was Rs 15,33,76,348 on the September 2024 visit to the same country.

Garden Reach Shipbuilders & Engineers shares jumped 8.5% in morning trade on Thursday, adding to the near 20% gain in the previous day after siging an initial pact with PWD Nagaland for Modular Steel Bridges. GRSE signed a Memorandum of Understanding (MoU) with PWD Nagaland to provide eight sets of double-lane modular steel bridges in the state. This agreement is the first of its kind between GRSE and a North Eastern state and is in line with the Government of India’s Make in India initiative aimed at boosting regional development. GRSE's shares were trading at Rs 1780.05 apiece, up 8.5% at 11:15 am. The BSE Sensex was up 0.7%.