Leading fintech company Acemoney has launched an all-in-one payment device. It incorporates micro ATM, Aadhaar ATM, and POS in a single device.
The device will not only act as a POS device but enable merchants to offer other services.
Customers will be able to withdraw cash using biometric system that facilitates card-based or Aadhaar-based financial transactions.
Fino Payments Bank said it has entered into a tie-up with Sequoia Capital-backed fintech Hubble to introduce India’s first spending account.
The bank said customers can park their funds, spend (on categories such as food ordering, shopping, travel, entertainment etc.) and save up to 10 per cent on all purchases made from the account.
The Reserve Bank imposed a penalty of Rs 60.20 lakh on The Bihar State Cooperative Bank Limited, Patna, for a slew of shortcomings and violations.
The RBI said that a statutory inspection of the Patna-based bank by NABARD after FY20 had revealed that it failed to put in robust software for identifying and reporting suspicious transactions.
The Ministry of Mines said that the Geological Survey of India Training Institute (GSITI) has achieved a remarkable milestone by receiving accreditation from National Accreditation Board of Education and Training (NABET).
This recognition acknowledges the institute's invaluable contributions and the exceptional standards it upholds in the field of earth science training.
The Naini Saini airport has received the DGCA's aerodrome licence to operate civil flights.
The licence which permits the take-off and landing of civil flights at the airport is valid for six months.
Engineers India Limited (EIL) Manager Divya Dutta has been conferred with the Federation of Indian Petroleum Industry (FIPI) Award 2022- “Special Commendation” in Young Achiever of the Year in Oil & Gas Industry category.
Dutta received the award from Union Minister of Petroleum & Natural Gas and Housing & Urban Affairs Hardeep Singh Puri at a function held in New Delhi.
The commerce ministry's investigation arm DGTR has recommended for continuation of anti-dumping duty on Chinese steel wheels for five more years with a view to guarding domestic players against cheap imports.
Continuation of the existing duties on the imports of Flat Base Steel Wheels from China would address and mitigate the likelihood of injury to the domestic players.
The Competition Commission of India (CCI) approves the acquisition of certain shareholding in Ambit Private Limited by Daiwa International Holdings Inc.
The proposed combination relates to acquisition of certain shareholding through a combination of primary subscription of shares and secondary share purchases from existing shareholders.
Ministry of Youth Affairs and Sports (MYAS) Mission Olympic Cell (MOC) in the recent meeting approved the foreign training camp for Target Olympic Podium Scheme (TOPS) athletes Mirabai Chanu and Bindyarani Devi's proposal to train in St. Louis, USA.
Department of Consumer Affairs (DoCA) along with the Advertising Standards Council of India (ASCI) hosted an interactive consultation with stakeholders on "Dark Patterns" in Mumbai.
The session was chaired by Shri Rohit Kumar Singh, Secretary, Department of Consumer Affairs.
In wrestling, India wrapped up their campaign in the U-17 Asian Wrestling Championships with one gold, three silver and three bronze medals on the final day in Bishkek, Kyrgyzstan.
Ankush won India's only gold medal of the day in the freestyle 55kg weight category, defeating Iran's Amirreza Ali Teymorizad.
The Securities and Exchange Board of India (Sebi) on Tuesday introduced a regulatory framework for online investment platforms that facilitate investments in commission-free mutual fund (MF) schemes.
The regulation brings clarity on obligations of such platforms while opening an avenue to monetise their business.
A documentary titled ‘When Climate Change Turns Violent has won a special prize in the 'Health for All' category at the 4th Annual Health for All Film Festival held at the World Healtth Organization headquarters in Geneva.
The documentary has been directed by Vandita Saharia of Rajasthan. She was the only Indian among the winners.
World Blood Donar Day is observed every year on June 14.
This day aim to raise awareness around the need for safe blood and blood products and to thank the blood donors for taking efforts to donate blood and save lives.
The theme for this year's World Blood Donor Day is “Give blood, give plasma, share life'