MAM
NPCI Bharat BillPay appoints Noopur Chaturvedi as CEO
Mumbai: The National Payments Corporation of India (NPCI) on Thursday said it has appointed Noopur Chaturvedi as chief executive officer (CEO) of NPCI Bharat BillPay Ltd (NBBL).
As its CEO, Chaturvedi’s mandate is to work on the Reserve Bank of India’s (RBI) vision to scale up the Bharat Bill Pay platform (BBPS) and make it the most preferred solution for all bill payments. She will work closely with the BBPS ecosystem to grow digital bill payments with superior customer experience, said the press statement.
Chaturvedi comes with two decades of experience in the banking and fintech industry. Prior to NPCI, she held leadership positions at PayU and Airtel Payments Bank. She started her BFSI journey with CitiBank and has also worked with ING Vysya Bank, Samsung, and Infosys, and holds a bachelor’s degree in Computer Science and management from IIM Lucknow.
NBBL is a wholly-owned subsidiary of National Payments Corporation of India and came into effect on 1 April. According to the statement, NBBL is growing rapidly on account of the ease and accessibility it offers to the customers and the one-stop solution to billers for low-cost collections. Currently, NBBL offers recurring payment services to customers across several segments, including bill payments for electricity, telecom, DTH, gas, education fees, water, and municipal taxes, NETC FASTag recharge, loan repayments, insurance, cable, housing society charges, and others.
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Trump announces $300bn Texas oil refinery with Reliance, calls it the biggest in US history
First new US refinery in 50 years planned at Brownsville port with Reliance
WASHINGTON: The United States may soon see the first brand-new oil refinery built on its soil in half a century.
Donald Trump announced a proposed $300 billion refinery project in Texas, calling it a landmark moment for American energy production and jobs.
Posting on Truth Social on 10 March, Trump said the facility would be built at the Port of Brownsville and developed by a company called America First Refining, with major investment from India’s Reliance Industries.
The announcement frames the project as a centrepiece of the administration’s push for “energy dominance”, with Trump claiming it would deliver thousands of jobs and billions of dollars in economic activity to South Texas.
If realised, the plant would mark the first all-new major refinery constructed in the United States since the 1970s. In recent decades, oil companies have largely chosen to expand existing facilities rather than build new ones, citing high costs, regulatory hurdles and environmental scrutiny.
Trump described the proposed investment as the “biggest in US history”, positioning it as proof that policy changes such as streamlined permits and lower taxes are drawing large-scale energy investments back into the country.
The refinery is planned for the Port of Brownsville, a strategic Gulf Coast location that provides easy access to shipping routes and export markets.
A key partner in the project is Reliance Industries, controlled by billionaire industrialist Mukesh Ambani. The company already runs the world’s largest refining complex in Jamnagar, India, making it one of the most experienced operators in large-scale petroleum processing.
The Texas venture would mark a significant step for the group into America’s domestic refining sector, potentially strengthening industrial ties between the US and India.
The proposed refinery is being promoted as a next-generation facility capable of processing American shale oil while maintaining high environmental standards. Trump said it would be “the cleanest refinery in the world”, although the specific technologies behind that claim have not yet been detailed.
Industry observers also note that the $300 billion figure is unusually large for a refinery project, and analysts are waiting for more clarity on whether the number reflects total construction costs, long-term infrastructure investment, or broader economic impact estimates.
As of 11 March, Reliance Industries had not publicly confirmed the investment size or the structure of its involvement.
For now, the announcement has sparked equal parts excitement and curiosity in energy markets. If the plan moves from promise to pouring concrete, the refinery could reshape the Gulf Coast energy landscape, and reopen a chapter in American refining that has been quiet for nearly fifty years.
