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Hindustan Times
13 minutes ago
- Hindustan Times
Modi's landmark visit to Maldives
Prime Minister (PM) Narendra Modi's recent visit to the Maldives on July 25–26, 2025, was a defining moment in the evolving relationship between two Indian Ocean neighbors. Marking the 60th anniversary of Maldivian independence and diplomatic ties, this visit was much more than ceremonial pomp. PM Narendra Modi with Maldives President Mohamed Muizzu on the concluding day of his visit to the island nation on July 26.(X/@narendramodi) It was a carefully calibrated diplomatic gesture aimed at resetting, deepening, and future-proofing one of India's most sensitive and strategic partnerships. India and the Maldives have had a special relationship for decades, shaped by their geography, culture, and need for each other. But recent changes in Maldivian domestic politics and the island nation's growing ties with China have put this relationship to the test. PM Modi's invitation to be the guest of honour at the Maldives' 60th anniversary of independence was a strong, symbolic reset that showed both sides wanted to rebuild trust, work together, and be friends. President Mohamed Muizzu's warm welcome of PM Modi, which included personally welcoming him at the airport and honoring him during national celebrations, says a lot about the goodwill both governments want to build. This warmth went beyond the rules and showed that everyone shares the same vision: That long-term and balanced cooperation is needed for regional stability, economic growth, and safety. PM Modi's visit had important effects that will shape the Maldives' growth path for the next few years. India announced a ₹4,850 crore (about $565 million) line of credit for infrastructure projects in Maldives. They also cut debt payments by 40%, which directly eases financial pressures and is good news for growth and job creation across the nation. Also, the start of talks between the two countries to reach a free trade agreement and a bilateral investment treaty marks a new stage in economic integration. The introduction of digital payment systems like India's UPI in the Maldives shows how people-to-people ties are getting stronger and how Maldivian businesses are becoming more modern. This will make it easier for tourism, trade, and cross-border business. In an era of growing geopolitical contestation in the Indian Ocean, PM Modi's visit reaffirmed India's commitment to Maldivian sovereignty and security, fostering partnership rather than dominance. Expanding cooperation in maritime security, defence infrastructure, and disaster management equips the Maldives to meet emerging challenges while affirming its autonomy. Such collaboration is essential not only for regional security but also for safeguarding the lifelines that connect this archipelago to the wider world. The emphasis on mutual respect alleviates past anxieties and paves the way for a sustainable partnership rooted in equality. Perhaps most importantly, this visit marks a pivot toward tangible benefits for ordinary citizens. Investments in health care, education, housing, and public infrastructure reflect a developmental partnership that prioritises the well-being of Maldivians. These are not distant diplomatic gestures but real enhancements that will touch lives daily, strengthening social fabric and national resilience. For India, this partnership fortifies the Neighbourhood First policy with substance, demonstrating that strategic interests and human development go hand in hand. A stable, prosperous Maldives is a steadfast anchor for regional peace and connectivity. PM Modi's recent visit to the Maldives was more than just a diplomatic milestone; it was a plan for the future of the two countries' relations based on trust, respect, and shared goals. India's role as a responsive and reliable neighbour is still very important for Maldives as it tries to balance its foreign relations with different interests. The road ahead requires ongoing involvement, turning agreements into action and goodwill into partnerships. India and the Maldives can work together to deal with the changing tides of geopolitics, making sure that their shared future is one of stability, prosperity, and success in the Indian Ocean. This article is authored by Kamakshi Wason, Global COO, Tillotoma Foundation.
India.com
43 minutes ago
- India.com
UPI transaction new rules: Big update for PhonePe, GPay, Paytm users due to…, THESE rules will change from…, updates you should know
Home Business UPI transaction new rules: Big update for PhonePe, GPay, Paytm users due to…, THESE rules will change from…, updates you should know UPI transaction new rules: Big update for PhonePe, GPay, Paytm users due to…, THESE rules will change from…, updates you should know These new rules are designed to enhance system efficiency, reduce server load, and improve security for all UPI users, including customers of Google Pay, PhonePe, Paytm, and other popular apps. Starting 1st August 2025, some important changes are coming to UPI apps like Paytm, PhonePe, GPay, and others. If you use UPI regularly, it is important to know what will be different. The National Payments Corporation of India (NPCI), which manages the UPI system, is bringing in new rules to reduce pressure on the system. These changes will help avoid delays and failed payments during busy hours. New UPI limits you should know: You will only be able to check your account balance 50 times a day through any UPI app. You can view your bank account linked to your phone number only 25 times a day on a UPI app. These limits are being added to reduce unnecessary traffic on the UPI network. This way, the system will work faster and smoother, especially when many people are using it at the same time. It will also help make your transactions more secure. New AutoPay rules for UPI: Fixed time slots announced Along with new daily limits, NPCI is also bringing changes to UPI AutoPay transactions starting from 1st August 2025. This will affect payments that happen automatically, such as: Subscriptions Utility bills EMI payments Other scheduled auto payments What's changing? From now on, all AutoPay transactions will be processed only during fixed time slots during the day. This means your auto payments will not go through anytime like before, they will only be processed at the following times: Before 10:00 AM Between 1:00 PM to 5:00 PM After 9:30 PM There is no change in the transaction limit, the payment amount rules will remain the same as before. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Business News on
Fashion Value Chain
an hour ago
- Fashion Value Chain
super.money Diversifies into Travel with FLIGHTS Launch; Strengthens Position as the Most Rewarding UPI Platform
one of India's fastest-growing UPI-first platforms, today announced the launch of 'FLIGHTS' – a reimagined, rewards-first flight booking experience built primarily for Gen Z travellers. Powered by Cleartrip, this new feature enables users to book domestic flights seamlessly via UPI, while unlocking an exclusive 5% benefit that stacks on top of other offers, making it the most rewarding way to book flights today. forays into Travel with FLIGHTS Launch This launch furthers ambition to redefine what UPI can do. With FLIGHTS, strengthens its position as a trailblazer, transforming UPI from a basic transaction tool into a platform for meaningful, high-value commerce. It bridges the benefits gap between credit cards and UPI, while keeping payments simple, secure, and instant. Recent Cleartrip data highlights that Gen Z consumers (those born between 1997 and 2012) are driving a shift in travel behaviour: opting for solo experiences, prioritising comfort and personal freedom, and choosing UPI and debit cards over credit-based payments. In fact, Gen Z leads in UPI usage, with 10% more UPI transactions than any other cohort. is directly addressing this shift by giving young Indians a way to book flights using just UPI – without sacrificing rewards, benefits, or control. This aligns with Gen Z's preference for ease, instant gratification, and debt-free financial choices. 'With 'FLIGHTS,' we are embedding value directly into travel bookings on UPI,' said Prakash Sikaria, Founder & CEO of 'This move reflects our larger vision to make UPI not just about daily spends but about enabling life's bigger moments too. Whether it's booking a solo trip or a dream holiday, FLIGHTS on is here to make decisions smarter, faster, and more rewarding.' 'At Cleartrip, we are observing a significant uptick in UPI adoption as a preferred mode of payment among flight bookers,' said Manjari Singhal, Chief business and growth officer, Cleartrip. 'This trend is even more pronounced among Gen Z travellers, who are drawn to the ease, speed, and debt-free nature of UPI transactions. This shift reinforces our commitment to serving one of the fastest-growing customer segments in the travel space.' As 85% of digital transactions in India now take place via UPI (IMF, 2024), is building the ecosystem Gen Z expects: where payments aren't just functional but empowering. Travel, once considered a luxury, is now a lifestyle choice and is making sure payments keep up. The launch of FLIGHTS cements role as a category-defining force, and a one-stop destination for India's new-age consumers looking for simplicity, control, and real-time value. About by Flipkart Group is a pioneering UPI fintech platform dedicated to revolutionizing India's payment landscape. The app aims to empower users with a seamless, secure, and user-friendly UPI experience, integrating innovative credit solutions directly into everyday transactions. By offering immediate cashbacks on every UPI payment, delivers instant rewards and enhances the financial experience. With a commitment to security, simplicity, and innovation, aims to set a new standard in financial independence and user satisfaction. is ISO27001 and PCI DSS certified. To know more, visit or write at help@ Social Handles: LinkedIn – X/Twitter – @getsupermoney Instagram –
