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The NC and the Abdullahs are utterly undependable. They are more dangerous than Hafiz Saeed, Syed Salahuddin, Yasin Malik, and ilk because they have been subverting the polity while masquerading as mainstream politicians

General Elections 2024: Stung by statements of Farooq Abdullah on I.N.D.I Alliance and NDA,...

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Ditching I.N.D.I Alliance, outraging Omar Abdullah Former J&K CM and Lok Sabha MP from Kashmir’s Srinagar constituency, Farooq Abdullah, on February 15, 2024, sprung a...
Paytm bank given until March 15 to stop accepting new deposits

RBI extends Paytm Payments Bank transaction curb deadline to March 15. Issues FAQ on...

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RBI extends Paytm Bank’s lifeline to help customers The Reserve Bank of India (RBI) on Friday extended by 15 days the deadline for stopping transactions...
The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will further deepen financial connectivity

RBI inks pact with Nepal Rastra Bank for UPI link

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Integration of the fast payment systems aims to facilitate cross-border remittances between India and Nepal The Reserve Bank of India (RBI) and Nepal Rastra Bank...
India was among the 'fragile five' economies, but now is among the 'top five' economies, making the third highest contribution to global growth every year

Indian economy’s transformation from ‘fragile five’ to ‘top five’: White Paper

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White Paper: Progress achieved in the 10 yrs of the Modi govt has overcome the malaise and paralysis of the previous 10 yrs of...
We strongly believe it helps in cross border payments. It will bring in greater transparency and traceability: FM Sitharaman on digital currency

Govt of India, RBI actively engaged on digital currency: Finance Minister

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Both the regulator and the government are working on digital currency, says Nirmala Sitharaman India’s Finance Minister Nirmala Sitharaman on Thursday said the Government of...
‘One Vehicle, One FASTag’ aims to discourage user behavior of using single FASTag for multiple vehicles

FASTags without KYC link to be deactivated or blacklisted by banks after Jan 31:...

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ALERT! Your FASTag may get deactivated or blacklisted after January 31 The National Highways Authority of India (NHAI) announced that FASTags with incomplete KYC will...
ED has said that the promoters, directors, and officials of Bhushan Steel were engaged in fraudulent activities

Delhi Court sends 5 accused to ED custody in Rs.56,000 cr bank fraud case...

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ED arrests 5, including former executives and promoter's kin in Bhushan Steel bank fraud case A Delhi court has sent five individuals arrested in connection...
Total value of the Rs.2000 banknotes in circulation was Rs.3.56 lakh cr at the close of business on May 19, 2023

RBI says 97.38% Rs.2000 banknotes have been returned

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After withdrawal, 97.38% of Rs.2000 banknotes returned to RBI The Reserve Bank of India (RBI) said on Monday that the total value of Rs.2000 banknotes...
The RBI's move is aimed at stopping banks and NBFCs from using the AIF channel as a way to artificially sustain or extend the life of their loans

RBI tightens rules for banks, NBFCs’ investments in Alternate Investment Funds

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RBI shares guidelines on AIFs investments for lenders On Tuesday, the Reserve Bank of India (RBI) barred regulated entities (REs) such as banks and non-banking...
Declining inflation, strong labour markets in high-income source countries are main factor behind rising remittances to India

India tops global remittances list for 2023 with $125 bn inflow: World Bank

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India's inward remittances now account for 3.4% of the country’s gross domestic product The inward remittances to India in 2023 increased by 12.3 percent to...

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