x

Short News in 70 Words – Latest News in English

Breaking News
  • ShortPedia
    Smart Content App Hand picked content everyday
ShortPedia
Smart Content App Hand picked content everyday


Latest News

UPI accounts for 80% of digital payments in India: RBI

Shaktikanta Das, Governor of the Reserve Bank of India (RBI) has announced that Unified Payments Interface (UPI) now accounts for nearly 80% of digital payments in India. Speaking at RBI's Digital Payments Awareness Week event in Mumbai, Das praised UPI as a leading fast payment system, not just in India but globally. UPI is gradually making inroads abroad as well. It was recently launched in France, Sri Lanka and Mauritius.

Sports

India beat England in Ranchi, win 17th successive home series

India claimed an unassailable 3-1 lead in the five-Test series after beating England in Ranchi. The hosts survived turbulence on Day 4 and chased 192, with Shubman Gill and Dhruv Jurel getting them home. Rohit Sharma earlier smashed a counter-attacking half-century. Spinners ruled the roost, while Joe Root's incredible ton was a highlight. Notably, India have sealed their 17th successive home Test series.

Politics

Shehbaz Sharif elected Pakistani PM for 2nd term

Pakistan Muslim League-Nawaz (PML-N) leader Shehbaz Sharif has been elected the prime minister for the second time in a vote by Pakistan's newly formed parliament. With this, Sharif returned to the post he held until last August, when the parliament was dissolved ahead of the general election, and a caretaker government took charge. He secured 201 votes in the 336-member National Assembly, prevailing over rival Omar Ayub Khan, who got 92 votes.

Technology

Apple scrapped these project ideas apart from its electric car

Apple recently pulled the plug on its autonomous electric car project, known as Project Titan, which started in 2014. The company had hired top executives from Tesla and Ford to work on the project. With the cancellation, some employees lost their jobs, while others were reassigned to other teams within Apple. Prior to Project Titan, Apple undertook several initiatives that never came to fruition.

Entertainment

After Korean version, 'Drishyam' to get Hollywood remake

The Drishyam franchise, which has garnered massive success in India and China, is gearing up for a Hollywood adaptation. Producers Kumar Mangat Pathak and Abhishek Pathak (Panorama Studios), who unveiled the Korean remake at the Cannes Film Festival 2023, have joined forces with Gulfstream Pictures and JOAT Films to create the English version. Abhishek said, "We have received immense love from our Indian audiences, who have made the Drishyam franchise a massive success."

Business

Moody's raises India's GDP growth forecast for 2024 to 6.8%

Moody's Investors Service has raised India's GDP growth forecast for 2024 to 6.8%, up from 6.1% predicted in November 2023, due to increased government capital spending and a thriving manufacturing sector. The ratings agency also adjusted its 2025 GDP growth projection to 6.4% from the previous 6.3%. Moody's reported that India's real GDP grew by 8.4% YoY in Q4 2023, leading to a full-year growth of 7.7%.

Miscellaneous

UPI accounts for 80% of digital payments in India: RBI

Shaktikanta Das, Governor of the Reserve Bank of India (RBI) has announced that Unified Payments Interface (UPI) now accounts for nearly 80% of digital payments in India. Speaking at RBI's Digital Payments Awareness Week event in Mumbai, Das praised UPI as a leading fast payment system, not just in India but globally. UPI is gradually making inroads abroad as well. It was recently launched in France, Sri Lanka and Mauritius.