The Top 5 Current Events of the Day: 17 June 2022

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On June 16, 2022, the National Payments Corporation of India International signed a Memorandum of Understanding (MoU) with France's Lyra Network.

Source: Safalta.com

Indians will soon be able to pay in France using their UPI or RuPay Cards, which will be useful to Indian students and travellers. UPI is now a globally recognised way of payment, since it is used in the UAE, Singapore, and Bhutan, according to Union Minister Ashwini Vaishnaw, and following France, the next priority of NPCI International will be Nepal. Indians are qualified to utilize UPI in nations such as Bhutan and Singapore, in addition to France. NCPI (National Payments Corporation of India International) is also in talks with Nepal to enable UPI payments.

The Reserve Bank of India (RBI) relaxed the restrictions imposed on Mastercard. For failing to comply with local data storage rules, the Central Bank imposed restrictions on Mastercard in 2021. From July 22, 2021, the Reserve Bank of India will prohibit Mastercard Asia/Pacific Pete from onboarding new domestic clients (debit, credit, or prepaid) to its card network. For breaking data storage guidelines, the Reserve Bank of India stopped Mastercard from issuing any new credit or debit cards to domestic clients indefinitely in July 2021. According to the Reserve Bank of India, Mastercard did not follow the laws that require foreign card networks to hold data on Indian payments solely in India.

Agniveers' maximum age limit has been raised to 23 years. It used to be between 17 and 21 years old. The decision was made in response to the backlash against the Agnipath Scheme, which has resulted in nationwide protests. The Ministry of Defence announced an increase in the upper age restriction for Agniveers who will be recruited under the Agnipath Scheme, claiming that the one-time waiver was allowed because no recruitments had taken place in the previous two years. "The Government of India has decided that during the anticipated recruitment cycle of 2022, a one-time concession will be provided," according to the official announcement. As a result, the maximum age for the Agnipath Scheme recruiting process in 2022 has been raised to 23 years. "The Government of India's Agnipath Scheme for recruitment to the Armed Forces aims to add 46,000 soldiers to the Indian Army, Indian Air Force, and Indian Navy.

IIT Madras has developed a robot that can clean septic tanks without the use of people. Under the moniker "HomoSEP," ten units are intended to be disseminated across Tamil Nadu, with researchers in contact with sanitation workers to select where they would be placed. The first two HomoSEP units were presented to self-help groups led by Nagamma and Ruth Mary, whose husbands sadly died during sanitation work, thanks to the sponsorship of the NGO Safai Karamchari Andolan.

India has successfully test-fired the Prithvi-II Short-Site Ballistic Missile from an integrated test range in Chandipur, Odisha. It has a 350-kilometre range and can carry a one-ton payload. Prithvi-II is powered by liquid propulsion twin engines and can carry 500-1,000 kg of warheads. To achieve its target, the cutting-edge missile employs an advanced inertial guidance system with a manoeuvring trajectory.

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