The Reserve Bank of India (RBI) said it has cancelled the certification of registration of four non-banking finance companies (NBFC) two from Telangana and one each from Kerala and Uttar Pradesh.
And the entities will not transact the business of a shadow bank, as defined under RBI Act, 1934.
Google Pay has rolled out UPI LITE on its platform with the aim of making digital payments simple, fast and reliable.
UPI LITE enables users to make fast, one-click UPI transactions without the need to enter the UPI PIN.
Behind the scenes, the LITE account is linked to the user’s bank account, but does not rely real-time on the issuing bank’s core banking system.
Union Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Dr Shaktikanta Das will jointly chair a meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) to be held on July 17-18 in Gandhinagar where 66 delegations will be in attendance.
International Financial Services Centers Authority (IFSCA) and PIEDS BITS Pilani, have today signed a MoU at BITS Pilani PIEDS Finxcelerator, Pilani Campus in Rajasthan
This MoU aims to put in place a framework for cooperation and understanding between IFSCA and BITS Pilani PIEDS Finxcelerator to collaborate in supporting and facilitating FinTech and TechFin entities.
Minister of Youth Affairs and Sports and Minister of Information & Broadcasting, Shri Anurag Thakur unveiled the coveted trophy for Hero Asian Champions Trophy, Chennai 2023at the Major Dhyanchand National Stadium in New Delhi.
Hero Asian Champions Trophy, Chennai 2023 will begin from August 3rd, 2023
India, Korea, Malaysia, Japan, Pakistan, and China will vie for the Title.
The third Sherpas meeting under India’s G20 Presidency will begin in Hampi in Karnataka.
Chaired by India’s G20 Sherpa, Amitabh Kant, the three days meeting on the banks of river Tungabhadra near UNESCO World Heritage site Hampi will deliberate and engage in co-authoring the Leaders Declaration to be adopted by the G20 leaders in New Delhi Summit.
Union Health Minister Dr. Mansukh Mandaviya will inaugurate the Swasthya Chintan Shivir at Dehradun in Uttarakhand.
The two-day Chintan Shivir will be organised by the Ministry of Health and Family Welfare along with the Central Council of Health and Family Welfare.
The Defence Acquisition Council has approved proposals for the procurement of 26 Rafale Marine aircraft from France to boost the Indian Navy’s operational capabilities.
It has granted Acceptance of Necessity for procurement of 26 Rafale Marine aircraft along with associated ancillary equipment, weapons, and logistic support for the Indian Navy from the French government.
The Central government cleared the appointment of Justices Ujjal Bhuyan and SV Bhatti as judges of the Supreme Court.
The Supreme Court Collegium had recommended their elevation to the top court on July 5.
Justice Bhuyan is currently serving as the Chief Justice of the Telangana High Court while Justice Bhatti is the Chief Justice of Kerala High Court.
Indian medical colleges will now receive government ratings based on the quality of education they provide to student
The National Medical Commission, the apex medical education regulator in India, has partnered with the Quality Council of India (QCI) to initiate this rating assessment.
The assessment process is set to begin in the next academic session.
The government's pension scheme for unorganised workers, Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM), saw the exit of about 21% subscribers in less than six months.
The total number of subscribers under the scheme fell to 4.43 million on July 11, down 1.19 million from an all-time high of 5.62 million on January 31, as per government data.
Assam has launched the "Gajah Kotha" campaign to address the growing human-elephant conflict (HEC) issue by engaging more than 1,200 individuals and promoting coexistence.
This initiative specifically targets villages in eastern Assam affected by human-elephant conflict, aiming to educate residents about elephant behaviour, ecology, and the cultural significance.
Prime Minister Narendra Modi has become the first Indian Prime Minister to have been conferred with the Grand Cross of the Legion of Honour, France's highest civilian and military honour, by French President Emmanuel Macro.
The Grand Cross of the Legion of Honour given by France is another in a series of top international award bestowed by various countries on PM Modi.
European Investment Bank (EIB) it is keen to extend finance of 1 billion euros for the development of green hydrogen and renewable energy projects in India.
EIB Vice-President Kris Peeters will make a four-day business visit to India this week to strengthen cooperation with the Indian public and private sectors and discuss EIB support for clean energy investment.
The European Investment Ban(EIB) is the lending institution of the EU member states.
Jyothi Yarraji created history on Thursday by becoming the first-ever Indian woman athlete to win a gold medal in women’s 100m hurdles at the ongoing Asian Athletics Championships in Bangkok.
The 23-year-old, who, in 2023 itself, ran sub-13 seconds six times, clocked 13.09 seconds at the Asian meet to finish first.