UPI: India built a digital payments miracle. Now comes the bill.

India therefore faces a delicate balancing act. It wants to make UPI financially sustainable without disturbing the conditions that helped make it ubiquitous. It is not an impossible task. Brazil’s Pix, another hugely successful instant-payment system, is free for individuals but permits low-cost charges for businesses. Yet it is the world’s fastest-growing real-time payment system,,…

Read More

Air India: What a reported cannabis-positive pilot test really tells us

A review , externalby aviation-medicine specialist David Newman for Australia’s Transport Safety Bureau reached a similar conclusion. Cannabis affects behaviour, cognition and psychomotor performance in a dose-dependent way, and complex tasks such as flying are particularly sensitive. The review also found evidence of residual effects lasting up to 24 hours. The science has become more…

Read More