October 12, 2022 – Hookpost

Big News! You can soon make payments in Europe using UPI

12Oct

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Finance

Big News! You can soon make payments in Europe using UPI

A cooperation between NPCI International Payments Ltd (NIPL) and European payment services provider Worldline, will soon enable Indians to make payments through UPI (United Payments Interface) across Europe. The National Payments Corporation of India's global arm is called NIPL (NPCI). According to a Tuesday joint press release, the alliance between NIPL and Worldline aims to increase the adoption of Indian payment methods throughout Europe. By enabling merchant point-of-sale (POS) systems to accept payments from both RuPay, NPCI's proprietary card payment network solution, and UPI, an instant real-time payment system, Worldline will increase convenience for Indian customers in the European markets. As a result of an increase in foot traffic and expenditure from Indian tourists, t...

Did Elon Musk really speak to Putin on Ukraine?

12Oct

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World News

Did Elon Musk really speak to Putin on Ukraine?

Pic Courtesy: Tumisu from Pixabay A war of words has broken out between eccentric billionaire Elon Musk and Political Scientist Ian Bremmer when he claimed in a report that Musk had indeed directly spoken with Putin on Ukraine issue. The Tesla billionaire proposed a peace plan to stop Russia's horrific invasion of Ukraine on Twitter on Tuesday, according to Bremmer's Eurasia Group newsletter, which said Musk had spoken "personally" to Putin last week. The plan might require Ukraine to cede a sizable amount of its land. Musk has denied speaking to Putin. elon musk told me he had spoken with putin and the kremlin directly about ukraine. he also told me what the kremlin’s red lines were.— ian bremmer (@ianbremmer) October 11, 2022 To which Musk had replied in his usual styl...

The Russia-Ukraine war is far from over: Russia destroyed about a third of Ukraine’s energy infrastructure in two days

12Oct

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World News

The Russia-Ukraine war is far from over: Russia destroyed about a third of Ukraine’s energy infrastructure in two days

Ukraine's Energy Minister Herman Halushchenko said that around 30% of energy infrastructure in Ukraine has been hit by Russian missiles since Monday, 10 October. The attacks have been confirmed by Russians too. The minister asserted that Russia had "dramatically targeted" the energy infrastructure "for the first time since the start of the war." The export of Ukrainian electricity to Europe, according to Halushchenko, "helps European countries save on Russian gas and coal." Ukraine is attempting to "immediately restore supplies from other sources," he added. While pointing out that Ukraine's energy grid is "still stable," the minister urged allies to give the country "air defence equipment that could genuinely help us secure our infrastructure." "We are sending the following me...

Indian Navy’s Mig-29K crashes off Goa during a sortie, Pilot safe

12Oct

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Miscellaneous

Indian Navy’s Mig-29K crashes off Goa during a sortie, Pilot safe

Indian Navy's MiG-29K aircraft crashed today while on a routine sortie off the coast of Goa due to a technical issue. The Navy said in a statement that the pilot ejected safely on time and was saved after a quick search and rescue effort. The aircraft crashed while returning back to base. A board of inquiry (BoI) has been ordered to look into the accident's cause. Since 2019, there have been four accidents involving the MiG-29K, and the reason for this particular crash will be known once the BoI completes its report.