Tags: India
India is Experiencing a Massive Cash Surge of More Than Rs 60,000 Crore During Election Period
The central bank of India is looking into a phenomenon of a massive surge in the public cash during the election period. Election expenses and cash gifts for voters are among the factors speculated to contribute to the cash spike.
India Uses Its Biometric Database to Enable Banking Access for The Country’s 1.2 Billion Population
India is using its wide biometric ID system, the Aadhar database, to bring banking services access to more of its people. An Indian bank already introduced an ATM where people can use their Aadhar ID number or ID card to make transactions instead of a PIN.
Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project Secured $200 Milion Investment from Shareholders
Turkmenistan-South Asia natural gas pipeline project has secured $200 million of investment from its shareholders. The project, developed by the Asian Development Bank, will now begin important studies to determine the projects detailed costs, routes, and other environmental as well as social factors.
Samsung Taking Over India’s Smartphone Market With New Features, Outpacing Apple
Samsung is establishing itself as India’s number one smartphone manufacturer. The company credits strong sales for its new series of mid-tier products with new special features.