The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI Annual report says possibilities will be explored for increasing the global footprints of UPI and RuPay.
"Today morning at 6.40 am Reserve EVMs and papers of Sector Officer near Benimadhavpur FP school, at 129-Kultali AC of 19-Jaynagar (SC) PC has been looted by local mob and 1 CU, 1 BU, 2VVPAT machines have been thrown inside a pond," CEO West Bengal posted on X.
The Delhi High Court on Friday reserved an order on maintainability on a plea moved by Arvind Kejriwal's aide Bibhav Kumar in the Swati Maliwal assault case.
In an about-turn from the economic liberalisation days of 1991 when India shipped out gold and pledged it overseas to avert a looming financial crisis, the country has now shipped in a little over 100 tonnes of its gold reserves held in the UK.
After having paid an unexpectedly high dividend to the central government by the RBI last financial year, it is now expected that higher dividend payments could continue in the current year too.
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
The Reserve Bank of India (RBI) in its annual report released on Thursday has noted a 46.7 per cent decline in the amount (value) of frauds reported in 2023-24 compared to the previous year
According to RBI, this initiative, initially introduced as a draft on January 15, 2024, has now been refined based on feedback from various stakeholders.
The number of tigers in Rajasthan's Sariska Tiger Reserve (STR) has gone up to 40 with the birth of four cubs recently, Forest Minister Sanjay Sharma said.
This transfer, coupled with the subsequent government spending, will bolster the central government's fiscal position, enabling potential additional spending or fiscal consolidation.
he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic fundamentals, robust financial and corporate sectors, said Reserve Bank of India in its annual report published on Thursday.
Both ECL Finance and Edelweiss Asset Reconstruction Company, upon which RBI put certain restrictions on Wednesday, asserted that there won't be any material impact on the companies arising out of these orders.