Why in News? Ahead of the 18th BRICS Summit in New Delhi, Chinese Ambassador Xu Feihong proposed the ‘POWER’ framework for a Greater BRICS, emphasizing stronger Global South cooperation, enhanced India-China coordination, and joint efforts on AI and resilient supply chains. What does POWER stand for? P – Principle: Respect for sovereignty, sovereign equality, non-interference…
Hi there. You must be just entering the UPSC arena with a lot of hope, courage and dreams. First of all, don’t let the hype get to you. With the right direction, discipline and consistency, you can clear this examination. There must be a “why” behind your decision to enter this journey. You all know why you have entered…
Published on : 01-09-2026 By : NEWSUPSC Editorial Subject : Indian Economy UPSC : GS III Source : The Hindu Link : https://www.thehindu.com/sci-tech/science/what-goes-on-behind-the-screen-when-you-pay-through-upi-explained/article71411087.ece Context: The Unified Payments Interface (UPI) has further strengthened its position as the backbone of India’s digital economy, processing 2,366 crore transactions worth nearly ₹30 lakh crore in July 2026 alone. About…
