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India a leader in digitisation: World Bank President David Malpass 

He said poor people in the country have more money in their hand that showed up in the recent poverty report of the World Bank.

published on : 7th October 2022

Reserve Bank to soon start pilot launch of e-rupee for specific use cases

Reserve Bank said it wants to create a digital Rupee that is as close as possible to a paper currency and to manage the process of introducing digital rupee in a seamless manner.

published on : 7th October 2022

Meesho secures second spot in order volume, says report

SoftBank-backed Meesho has become the second-largest player among the ecommerce platforms, overtaking Amazon in terms of order volume during the first week of the festive season. 

published on : 7th October 2022

Return bank guarantees to firm: Andhra Pradesh High Court

The government counsel said there were discrepancies in the quantum of sand mined as claimed by the firm and verification done by officials.

published on : 7th October 2022

RBI asks credit info companies to appoint internal ombudsman by April 1

The RBI had said the move will provide a cost-free alternate redressal mechanism to customers of regulated entities for grievances against CICs.

published on : 6th October 2022

5k babies benefit from Kovai breast milk bank in Tamil Nadu

CMCH Dean Dr A Nirmala said the breast milk bank is doing well and many woman donate on a daily basis.

published on : 6th October 2022

Thane man robs bank of Rs 12 crore, roams in burqa before being nabbed in Pune after two months

The incident came to light after the bank realised that the security money was missing, as were the DVR of CCTVs, which prompted its personnel to call the inspection team," the official said.

published on : 5th October 2022

IPO-bound OYO valuation dips in private market after reported markdown by SoftBank 

In the week ended September 30, 2022, nearly 12.3 lakh shares of the company were sold in the private market as compared to over 1.6 lakh shares sold in the previous week. 

published on : 5th October 2022

Israel army kills two Palestinians in West Bank raid

The latest deaths were in the central West Bank, at the Jazalone refugee camp near Ramallah, where the army said it "apprehended an individual suspected of terror activity".

published on : 3rd October 2022

PM-Kisan scheme: Kerala told to recover Rs 31 crore from ‘ineligible’

Tax payees, farmer families holding higher posts, state or Central staff are considered ineligible

published on : 3rd October 2022

'Conflict-affected areas': Booking.com issues West Bank warning; receives mixed responses

Booking.com should stop brokering rentals in illegal settlements in places like the occupied West Bank, the Israel and Palestine director of Human Rights Watch said.

published on : 2nd October 2022

Will repatriate illegal money from Swiss banks, says Kejriwal, promises free and 'unlimited' healthcare

Kejriwal promised to provide free and unlimited healthcare, including medicines, tests, and surgeries, to all residents of Gujarat, irrespective of their financial status.

published on : 2nd October 2022

Home loan EMIs to go further up as RBI steps up its inflation fight

Raises repo rate by 0.5%; future hikes likely

published on : 1st October 2022

New rules for debit, credit cards begin with tokenisation today, All you need to know

On September 30, RBI said about 35 crore cards have been tokenised and the system is ready for the new norms which will set in from October 1.

published on : 1st October 2022

Increase in repo rate will affect MSMEs and industrial investments: TN Commerce chamber

In a release, chamber president Dr Jegatheesan said the RBI on Friday increased the repo rate from 5.40% to 5.90%.

published on : 1st October 2022

RBI's rate hike to increase EMIs; equity, forex markets give thumbs up 

In view of the deteriorating global situation and domestic inflation, the RBI has lowered its GDP growth projection for the current fiscal to 7 per cent from its earlier forecast of 7.2 per cent.

published on : 30th September 2022

Markets bounce back smartly after 7-day fall; Sensex climbs 1,017 points 

During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63. Similarly, the broader NSE Nifty climbed 276.25 points or 1.64 per cent to end at 17,094.35.

published on : 30th September 2022

RBI to extend online payment aggregator guidelines to offline players

Since March 2020, online PAs have been brought under the purview of RBI regulations and it mandates that only firms approved by the RBI can acquire and offer payment services to merchants. 

published on : 30th September 2022

RBI’s 50 bps policy rate increase likely to impact housing sales in the festive season 

This, according, to real estate industry experts, will have an impact on housing sales in the ongoing festive season as EMIs on loan will become dearer, leading to an overall surge in ownership cost.

published on : 30th September 2022

Two-third of decline in forex reserve due to depreciation in Euro, Pound, Yen: RBI Governor

Das said that India’s foreign exchange reserve stood $ 537.5 billion as on 23 September 2022, down from $545 billion a week ago.

published on : 30th September 2022
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