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Former IAS Officer Kannan Gopinathan Joins Indian National Congress

Former IAS officer Kannan Gopinathan has formally joined the Indian National Congress (INC), marking a significant shift from his bureaucratic career to active political engagement. The induction ceremony was held at the All India Congress Committee (AICC) headquarters in New Delhi, where he was welcomed by senior leaders, including Congress General Secretary K.C. Venugopal. His entry into the party has generated considerable attention, as Gopinathan is widely recognized for his principled stand on governance and democratic values.

Gopinathan, a 2012 batch IAS officer, had resigned from his administrative post in 2019, protesting the abrogation of Article 370 in Jammu and Kashmir. His resignation was seen as a courageous move, demonstrating his commitment to constitutional principles and his willingness to voice dissent against policies he considered unjust. Since then, he has remained actively involved in civic activism, participating in various movements, including protests against the Citizenship Amendment Act, and advocating for civil liberties and transparency in governance.

In his remarks during the joining ceremony, Gopinathan explained that his decision was shaped by extensive interactions with citizens across India. He expressed confidence that the Congress party is best equipped to promote inclusive governance, uphold democratic values, and protect the rights of all citizens. He also stressed the importance of countering divisive policies and fostering social cohesion.

Congress leaders have praised Gopinathan’s decision, highlighting his integrity, dedication, and commitment to public service. They view his inclusion as an asset that brings administrative expertise and a fresh perspective to the party. Venugopal described him as a “fearless advocate for democracy” whose values resonate with the party’s vision of an equitable and inclusive India.

Gopinathan’s transition from civil service to active politics is expected to influence the political landscape positively, strengthening the Congress party’s emphasis on principled leadership, democratic engagement, and ethical governance as it prepares for future electoral challenges.

Avalara Launches ‘Avi Everywhere’ to Boost AI-Powered Compliance Automation

Avalara has unveiled Avi Everywhere, a new initiative aimed at embedding AI agents into enterprise workflows for real-time compliance automation. The platform is designed to help businesses manage tax, regulatory, and financial compliance tasks more efficiently by integrating intelligent automation directly into existing systems.

In addition to Avi Everywhere, Avalara introduced next-generation Model Context Protocol (MCP) servers, which enhance interoperability across enterprise platforms. This development allows organizations to execute compliance tasks seamlessly, reducing manual effort and minimizing errors associated with traditional methods. By leveraging AI, the solution provides real-time insights, predictive alerts, and automated processing, ensuring businesses remain compliant amid evolving regulatory environments.

Avalara executives highlighted that the new tools are built to adapt to complex, multi-jurisdictional compliance requirements. Avi Everywhere enables enterprises to embed compliance intelligence directly into their operations, while the MCP servers facilitate integration across diverse software environments, from ERP systems to financial platforms.

Industry experts note that the combination of AI-driven automation and interoperability is a game-changer for corporate compliance. By reducing the reliance on manual processes and enabling proactive monitoring, Avalara’s solutions can save time, cut costs, and enhance accuracy in compliance reporting.

The company emphasized that Avi Everywhere aligns with its broader strategy to make compliance more accessible, transparent, and efficient. As businesses increasingly adopt digital transformation strategies, embedding AI into regulatory processes is expected to become a standard practice across industries.

With these innovations, Avalara positions itself at the forefront of compliance technology, helping organizations navigate complex regulatory landscapes while leveraging AI to drive operational efficiency and strategic decision-making. The launch underscores the growing importance of AI in transforming traditional compliance workflows into smarter, automated processes.

PayPal Onboards India’s UPI as First Payments Partner on PayPal World

PayPal has officially integrated India’s Unified Payments Interface (UPI) as the first onboarded payments system on its new PayPal World platform, according to CEO Alex Chriss. The collaboration aims to enable seamless cross-border transactions leveraging India’s robust digital payments infrastructure.

UPI’s integration allows users to conduct international payments efficiently, offering faster settlement times and reduced transaction costs. This move reflects PayPal’s commitment to expanding its global payment solutions while supporting India’s growing digital economy. Users will be able to transfer funds across borders with ease, using a familiar and secure platform already widely adopted in India.

Alex Chriss highlighted that UPI’s adoption on PayPal World marks a milestone in global fintech collaboration, bridging Indian users with international merchants and services. The integration aligns with PayPal’s strategy to enhance payment accessibility, reduce friction in cross-border transactions, and tap into emerging markets with strong digital payment ecosystems.

Experts note that this development strengthens India’s position as a global hub for digital payments innovation. By partnering with UPI, PayPal benefits from India’s advanced and trusted payment rails, while Indian users gain streamlined access to global commerce. The initiative is expected to boost both business-to-business and consumer-to-business international transactions.

The collaboration also signals a growing trend of international fintech companies recognizing and integrating India’s payment infrastructure, reflecting confidence in its scalability, security, and reliability. With UPI as a key partner, PayPal World aims to simplify global payments while promoting financial inclusion for Indian consumers and businesses.

As the partnership goes live, it is expected to transform the way Indians engage with global commerce, offering a seamless and cost-effective bridge between domestic digital payments and international financial ecosystems.

NPCI Introduces New UPI Features to Enhance Digital Payments

The National Payments Corporation of India (NPCI) has launched a series of new products aimed at expanding the capabilities of the Unified Payments Interface (UPI) and making digital transactions more secure and convenient. Key introductions include Aadhaar-based face authentication, on-device biometric verification, and micro-ATM cash withdrawals via UPI, reflecting NPCI’s push toward innovation in digital payments.

These new features are designed to enhance user experience and streamline authentication, enabling safer and faster transactions. Aadhaar-based face recognition allows users to authenticate payments seamlessly, while on-device biometric verification ensures that sensitive data remains protected on the user’s smartphone. The micro-ATM feature facilitates cash withdrawals directly through UPI, bridging the gap between digital and physical financial access, particularly in semi-urban and rural regions.

In addition, NPCI has introduced UPI support for joint and multi-signatory accounts, allowing multiple account holders to transact more efficiently and with better security protocols. Wearable device integration has also been implemented, enabling users to make payments through smartwatches and other connected devices, catering to the growing demand for convenient, contactless payment methods.

Officials from NPCI emphasized that these updates aim to further deepen India’s adoption of digital payments, making UPI a versatile platform for a wide range of financial transactions. By continuously innovating, NPCI seeks to enhance trust in digital payment systems and support financial inclusion across the country.

Experts believe that these advancements will empower both individuals and businesses to conduct transactions more securely and efficiently, reinforcing India’s leadership in digital finance. As UPI continues to evolve, NPCI’s focus on user-centric innovations is expected to drive further adoption and transform the way Indians interact with money.

Amazon Pay India CEO Says 90% of Indians Prefer Digital Payments

Amazon Pay India has revealed that nearly 90% of Indians now favour digital payments over cash, according to CEO Vikas Bansal. This growing preference spans both urban and rural areas, indicating a significant shift in payment habits across the country.

The trend is driven by increasing smartphone penetration, easier access to internet services, and the expansion of digital payment infrastructure. Consumers are not only using online platforms for transactions but are also adopting digital methods for offline payments at stores, markets, and service outlets. Bansal highlighted that convenience, speed, and safety are key factors behind this widespread adoption, as people increasingly move away from traditional cash handling.

Industry experts note that government initiatives such as UPI (Unified Payments Interface) and digital literacy programs have played a critical role in promoting cashless transactions. The rise in digital payments has also encouraged businesses to adopt seamless payment solutions, catering to customer demand for faster and more secure transactions.

Amazon Pay has been at the forefront of this digital payment revolution, expanding its services to provide easy-to-use payment options for millions of users. The company continues to innovate by introducing features like one-click payments, UPI integration, and QR-based solutions, making digital transactions more accessible to a broader audience.

Bansal emphasized that the shift toward digital payments is not just a convenience but a transformation in how Indians manage money. It opens avenues for financial inclusion, greater transparency, and enhanced consumer protection.

As digital payments become the preferred mode of transaction nationwide, both businesses and consumers are likely to benefit from faster, safer, and more efficient financial interactions, signaling a permanent evolution in India’s payment ecosystem.

ChatGPT Integrates Spotify, Canva, and Coursera for In-Chat Access

OpenAI has launched a new feature in ChatGPT that allows developers to integrate popular apps such as Spotify, Canva, and Coursera directly within the chat interface. This update enables users to perform tasks like creating playlists, designing graphics, or browsing courses seamlessly, without switching between different platforms.

The integration aims to enhance user experience by making ChatGPT a central hub for productivity and entertainment. Users can now interact with their favorite services in real time while chatting, allowing for more dynamic workflows and creative processes. For instance, Spotify integration lets users manage playlists and discover music, while Canva support allows for quick graphic design edits directly within conversations. Similarly, Coursera integration provides easy access to course catalogs and learning resources.

OpenAI’s move reflects a growing trend toward embedding third-party applications within AI platforms, offering a unified interface that simplifies digital interactions. Developers are encouraged to build custom experiences on top of these integrations, expanding the ecosystem and providing tailored solutions to meet specific user needs.

The company emphasized that this feature is designed to maintain security and privacy, ensuring that sensitive user data is protected while interacting with integrated apps. By allowing multiple services to operate inside ChatGPT, OpenAI aims to make AI interactions more versatile and actionable.

Industry experts view this as a strategic step toward positioning ChatGPT as more than a conversational AI. The integrations could transform how users approach learning, creativity, and media consumption by enabling multitasking and streamlining access to key digital tools within a single environment.

With this launch, OpenAI continues to broaden the capabilities of ChatGPT, bridging the gap between conversational AI and practical, everyday digital utility, setting the stage for more seamless human-AI collaboration.

Tags: ChatGPT

PhonePe Partners with Mastercard to Launch Device Tokenisation for Safer Payments

PhonePe has joined forces with Mastercard to introduce device tokenisation, a move aimed at enhancing the security and convenience of digital transactions across merchants. The new feature allows users to store their card details securely within the PhonePe app and reuse them for payments without the need to re-enter information each time, streamlining the checkout experience.

Device tokenisation replaces sensitive card data with a unique digital token, ensuring that actual card numbers are never shared during transactions. This reduces the risk of fraud and unauthorized access, offering users a safer way to make payments both online and at physical merchant locations.

The partnership between PhonePe and Mastercard is part of a broader initiative to modernize payment infrastructure and boost user confidence in digital wallets. By integrating tokenisation, the companies aim to create a seamless experience that balances convenience with security, catering to the growing number of consumers preferring contactless and mobile payment options.

Executives from both PhonePe and Mastercard highlighted that device tokenisation represents a significant step forward in India’s digital payments ecosystem. It not only safeguards sensitive information but also supports faster, frictionless transactions, making it easier for merchants and customers alike to complete payments efficiently.

Industry analysts note that this collaboration aligns with global trends where tokenisation is becoming a standard for securing digital and mobile transactions. As more users adopt smartphones and digital wallets for everyday purchases, initiatives like these are expected to drive adoption while minimizing cybersecurity risks.

With this launch, PhonePe strengthens its position as a leading digital payments platform in India, offering enhanced security features while ensuring that users continue to enjoy convenient, hassle-free payment experiences.

Elon Musk Names Anthony Armstrong as CFO of $113B xAI Group

Elon Musk has appointed Anthony Armstrong, a former Morgan Stanley banker, as the Chief Financial Officer of his $113 billion xAI group. Armstrong, who previously advised Musk on the $44 billion acquisition of X, will now oversee financial operations for both xAI and X, consolidating Musk’s control over his AI and social media ventures amid several senior departures.

In his new role, Armstrong is expected to manage strategic financial planning, capital allocation, and investor relations as xAI continues its ambitious growth trajectory. The appointment comes as the company pursues an aggressive expansion plan and targets a valuation of $200 billion, reflecting Musk’s long-term vision for integrating AI capabilities with his broader technology ecosystem.

Armstrong brings decades of experience in investment banking, corporate finance, and mergers and acquisitions, having guided numerous high-profile transactions during his tenure at Morgan Stanley. His familiarity with Musk’s strategic approach and prior involvement in the X acquisition is anticipated to facilitate smoother financial oversight and decision-making across the intertwined businesses.

xAI, Musk’s AI venture, has been rapidly scaling its operations and talent acquisition efforts to compete with major players in the generative AI space. Meanwhile, X continues to serve as Musk’s primary social media platform, with Armstrong’s oversight expected to enhance financial cohesion and operational efficiency between the two entities.

The CFO appointment signals Musk’s intent to reinforce executive leadership amid an evolving corporate structure. Industry analysts suggest that having a seasoned finance professional like Armstrong in a key role will be critical as xAI navigates fundraising, valuation growth, and regulatory considerations in the fast-paced AI sector.

With Armstrong on board, Musk is positioned to consolidate his financial strategy, streamline operations, and strengthen investor confidence as both xAI and X pursue their ambitious growth objectives.

UK PM Keir Starmer Arrives in Mumbai for Talks with PM Modi on Strengthening Bilateral Ties

UK Prime Minister Keir Starmer arrived in Mumbai on Wednesday, ahead of scheduled discussions with Indian Prime Minister Narendra Modi to bolster India-UK relations. Starmer, accompanied by a business delegation, was welcomed at Chhatrapati Shivaji Maharaj International Airport by Maharashtra Chief Minister Devendra Fadnavis, Deputy Chief Ministers Eknath Shinde and Ajit Pawar, and state Governor Acharya Devvrat.

The upcoming meeting between Starmer and Modi aims to advance the India-UK Comprehensive Strategic Partnership, focusing on areas such as trade, investment, technology, innovation, defence, security, climate, energy, health, education, and people-to-people relations. This engagement aligns with the “Vision 2035” roadmap, emphasizing long-term collaboration between the two nations.

In addition to the bilateral talks, both leaders are set to participate in the CEO Forum and the 6th edition of the Global Fintech Fest in Mumbai. These events will provide platforms for industry leaders to discuss innovations and opportunities in the financial technology sector, further enhancing economic ties.

The visit underscores the commitment of both governments to deepen their strategic partnership and explore new avenues for cooperation across various sectors. As India and the UK continue to strengthen their bilateral relations, the outcomes of these discussions are anticipated to pave the way for a more robust and dynamic partnership in the years to come.

IPO-Bound Groww Finalizes Fisdom Acquisition After SEBI Approval

IPO-bound investment platform Groww has completed its acquisition of wealthtech startup Fisdom following approval from the Securities and Exchange Board of India (SEBI). The deal, valued between $140 million and $160 million, marks a significant expansion for Groww as it steps deeper into the wealth management space with its new vertical, branded as “W.”

Fisdom’s founders and existing leadership team will continue to operate the business under Groww’s ownership, ensuring continuity in operations and expertise. The acquisition will enable Groww to broaden its product portfolio, integrating Fisdom’s strengths in mutual fund advisory, portfolio management, and insurance solutions into its growing financial services ecosystem.

Industry observers view the move as a strategic play by Groww to diversify beyond its core investment platform and tap into India’s rapidly growing wealth management segment. With increasing retail investor participation and a shift toward digital financial planning, the acquisition positions Groww to offer end-to-end wealth creation solutions under one brand.

Fisdom, founded in 2015, has built a strong presence in the advisory and wealthtech space, serving both individual investors and institutions through digital platforms and partnerships with major banks. The company’s integration into Groww is expected to unlock synergies in technology, distribution, and data-driven insights to enhance customer experience.

For Groww, the timing of this acquisition aligns with its preparation for an initial public offering, signaling to investors its commitment to expanding services and deepening market reach. The addition of Fisdom is likely to strengthen Groww’s long-term vision of becoming a comprehensive financial services powerhouse for India’s new-age investors.

Tags: GrowwSEBI

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