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UPI to account for 90% of retail digital payments by 2026-27: PwC report

Business Standard - FInance

Growing at a steady pace, UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report. UPI is projected to account for 90 per cent of the total transaction volume in retail digital payments over the next five years, the report said.

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Antitrust Issues in Renewable Energy - November 2023

JD Supra: Mergers

Europe generated almost 40% of its electricity from renewable sources in 2022, and in the first half of 2023, renewable energy accounted for approximately 25% of electricity generation in the United States. By: Vinson & Elkins LLP

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Unlocking Education: The Rise of Education Savings Accounts (ESAs)

Tyton Partners

The spotlight is on the ascent of Education Savings Accounts (ESAs), which allocate a portion of state funds designated for a child’s public school education into a specialized account controlled by parents. In 2022, Prenda raised $20M to help pivot its model and focus on catalyzing an ecoystem of K-8 microschools.

Education 116
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Pressure Mounts for Broader Regulatory Oversight of Defense Industry Mergers

JD Supra: Mergers

The Department of Defense assessed an average of about 40 defense-related mergers and acquisitions each year from 2018 to 2022, a small portion of the roughly 400 defense mergers estimated to occur annually, according to a report from the Government Accountability Office (GAO). By: Goodwin

Mergers 159
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Quarterly Review of Shareholder Activism – Q3 2022

The Harvard Law School Forum

Posted by Mary Ann Deignan, Rich Thomas, and Christopher Couvelier, Lazard, on Wednesday, October 19, 2022 Editor's Note: Mary Ann Deignan is Managing Director; Rich Thomas is Managing Director and Head of European Shareholder Advisory; and Christopher Couvelier is Managing Director at Lazard. This post is based on a Lazard memorandum by Ms.

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A Russian Bank Account May Offer Clues to a North Korean Arms Deal

The New York Times: Banking

Moscow may be trying to help Pyongyang with access to the international financial system in exchange for missiles and ammunition, U.S.-allied allied intelligence officials suggest.

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Volume of bank notes in circulation increased by 4.4% during 2022-23: RBI

Business Standard - FInance

per cent, respectively, during 2022-23 as compared with 9.9 In value terms, the share of Rs 500 and Rs 2,000 banknotes together accounted for 87.9 The value and volume of banknotes in circulation increased by 7.8 per cent and 4.4 per cent and 5 per cent, respectively, in 2021-22, revealed the RBI annual report released on Tuesday.

Bank 98