Doha (PTI): India expanded the reach of the Unified Payments Interface (UPI) on Monday by launching the facility at Lulu Group's stores in Qatar, following its rollout at duty-free outlets in Hamad International Airport here last month.
Launching the facility at a Lulu store, Commerce and Industry Minister Piyush Goyal said it will help facilitate smoother and more cost-effective movement of capital between the two countries.
Last month, NPCI International Payments Ltd (NIPL), in partnership with Qatar National Bank (QNB), introduced UPI at point-of-sale terminals across Qatar for merchants acquired by QNB.
The rollout is part of a collaboration between NPCI International Payments Ltd (NIPL), Qatar National Bank (QNB), and Japanese payments gateway NETSTARS.
He also encouraged other banks and institutions in Qatar to adopt UPI.
"The launch of UPI and UPI transactions is not just a digital payment solution, but has the potential to revolutionise trade between Qatar and India. It's an opportunity to expand our trust between the two nations because as we seamlessly integrate the payment systems of Qatar and India, our people will be able to trade more, trade smarter at lower cost," he said here.
He added that the movement of money and capital will be faster, almost on a real-time basis, with a "very-very low" cost.
"Expanded trade will further be strengthened with the adoption of UPI ... I thank QNB for taking up UPI as part of their payment systems," he said, adding the official launch of UPI today will be a milestone in this journey in the years ahead.
He also said that 830,000 Indians who live here will benefit from this launch as their remittances will become faster and at a lower cost.
This makes Qatar the eighth country to accept UPI, facilitating real-time, cashless payments for Indians and reducing dependency on foreign currency or international cards.
By enabling seamless transactions, UPI supports both Indian travellers and local Qatari businesses, promoting digital payment adoption and strengthening India's international financial footprint while enhancing convenience and security for tourists in high-traffic commercial zones.
The UPI, Goyal said, was launched nine years ago, and it is a big success story in India.
"85 per cent of Indian digital payments go through UPI and nearly 50 per cent of global digital payments are now made by UPI," he said, adding that 640 million transactions happen on average every day.
He added that it was wonderful to see the QNB becoming the bridge between NPCI, who has developed the UPI platform, and Lulu Group, who is offering to all its customers the facility of digital payment through UPI.
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Panaji (PTI): Saurabh Luthra and Gaurav Luthra, the main accused and owners of the Goa nightclub where a massive blaze claimed 25 lives, fled to Phuket hours after the tragedy, Goa Police said on Monday.
"Goa Police have taken further steps to coordinate with the Interpol Division of the CBI to apprehend both Saurabh and Gaurav Luthra at the earliest," a senior police officer said.
A massive fire at the nightclub, some 25 kilometres away from Panaji, on late Saturday night killed 25 persons. The deceased comprised 20 employees of the nightclub and five tourists, including four from Delhi. Five injured people were undergoing treatment at the government-run Goa Medical College and Hospital (GMCH).
After registering an FIR against them, a Look Out Circular was issued against them by December 7 by the Bureau of Immigration (BOI) at the request of the Goa Police.
The Bureau of Immigration at Mumbai was contacted, and it was found that both the accused had taken the 6E 1073 flight to Phuket at 5.30 am on December 7, immediately after the fire incident, which occurred around midnight, the officer said.
READ ALSO: Goa nightclub fire: Owner Saurabh Luthra expresses grief, assures management support
He said the Goa Police had immediately dispatched a team to Delhi to conduct raids on the addresses of the accused Gaurav and Saurabh Luthra.
"Since they were not available, a notice under the appropriate sections of law was pasted on the gate of their house. This shows their intent to avoid the police investigation", he said.
Goa Police have obtained transit remand of Bharat Kohli, an employee of the club, and are bringing him to Goa.
He also said that the postmortem on all 25 deceased has been completed and bodies handed over to their families.
