Fire in Saudi factory kills 16 Bangladeshi workers
A fire at a sofa manufacturing factory in Riyadh, Saudi Arabia, killed 16 Bangladeshi migrant workers on Sunday. The blaze occurred in the Musa Sanaiya industrial area, officials in Dhaka said on…
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NPCI in talks with Japan, Malaysia, Bahrain for UPI
NPCI, the developer of India's UPI payments system, is in talks with Japan, Malaysia and Bahrain to expand the service globally, chief executive Dilip Asbe said. NDTV Profit reports that governments and…
Indians cut overseas travel spending to $1.09 bn in March
Overseas travel spending by Indians fell by $212.43 million to $1.09 billion in March compared to February, according to Reserve Bank data. The overall outward remittances under the Liberalised Remittance Scheme stood…
Kerala’s Kumbanad villages empty as migrant families settle overseas
Kumbanad and nearby villages in Kerala’s Pathanamthitta district are losing residents as successive generations of migrant families choose to build lives abroad. The Hindu reports that Koipuram Government Higher Secondary School’s enrolment…
Western Union Launches Stablecoin Transfers Through Visa Network
Western Union has partnered with stablecoin infrastructure platform Rain to launch Stablecard, a digital wallet and Visa card for storing, transferring and spending the dollar-backed USDPT stablecoin. Available initially in 37 countries,…
