October 13, 2026
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BRICS Finance Chiefs Call for Reform of Global Financial Institutions

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Finance ministers and central bank governors from BRICS countries have called for reforms to global financial institutions such as the International Monetary Fund and World Bank. They said emerging and developing economies should have a stronger voice in global economic decision-making as their contribution to global growth continues to rise. The finance chiefs also Continue Reading
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India’s Modi Seeks Wider Global Reach for UPI Payment System

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India is looking to expand the global reach of its homegrown digital payment platform, Unified Payments Interface (UPI), with Prime Minister Narendra Modi calling for integration with payment systems in more countries. UPI, operated by the National Payments Corporation of India, is the world’s largest retail fast-payment system by transaction volume. UPI is currently Continue Reading
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India Stalls Alipay+–UPI Link Over Security Concerns

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India has stalled a proposal by Alipay+ to link with the country’s Unified Payments Interface (UPI), citing national security and data protection concerns, according to three sources familiar with the discussions. The proposal, submitted in January, aimed to allow Indian travellers to use UPI-linked services at more than 150 million Alipay+ merchants across China, Hong Continue Reading

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