Author: Soumya.bisht

Prime Minister Narendra Modi and Bangladeshi Prime Minister Sheikh Hasina jointly inaugurated the India-Bangladesh Friendship Pipeline via video conference on Saturday. The pipeline will strengthen cooperation between the two countries on energy security. This is believed to be an exceptional step towards the government agenda of a robust political, economical inter-relationships that the country has developed with its eastern neighbor.  Source- Screengrab(Youtube) Currently, Bangladesh is supplied diesel through a 512-km rail route. The 131.5-km pipeline will deliver up to 1 million tonnes of diesel per year from Numaligarh in Assam to Bangladesh. Not only does this save on transport costs,…

Amid the global tech slowdown, digital payments company PhonePe has become the nation’s most valuable fintech company with a pre-money valuation of $12 billion, overtaking RazorPay, which is valued at $7.5 billion after raising fund from Walmart. SOURCE- DECCAN HERALD Digital payments company PhonePe said on Friday it had raised an additional $200 million from majority backer Walmart Inc as part of its ongoing fundraising target of up to $1 billion. It has helped it raise $650 million in recent weeks despite a lackluster market. This additional investment by American retail behemoth follows a recent report, where during a conference…