With the global economic growth slowing, Morgan Stanley in its research report has revised India's GDP growth estimates to 7.2 percent in FY23 from 7.6 percent and 6.4 percent for FY24 from 6.7 percent.
The Unified Payments Interface and the RuPay card Scheme, have signed an MoU confirming a partnership with the payments solutions provider PayXpert to internationalise the acceptance in the UK.