India's foreign exchange reserves declined by USD 5.240 billion to USD 617.230 billion in the week that ended on February 9, 2024, thereby coming off a month high it hit the prior week, the latest data released by the Reserve Bank of India showed.
Fintech giant Paytm in its filing with the NSE and BSE on Friday confirmed that the Paytm app, including its Made-in-India All-in-One QR Code, Soundbox, and Card Machine, will continue to operate seamlessly even after March 15, 2024.
The Reserve Bank of India on Friday gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 from the earlier date of February 29.
"Keeping in view the interest of customers (including merchants) of PPBL who may require a little more time to make alternative arrangements and the larger public interest, the following Directions are issued by the Reserve Bank of India under section 35A of the Banking Regulation Act, 19
Bengaluru (Karnataka) [India], February 16: In a significant stride towards ensuring equitable access to education, a 40-seater bus was handed over on February 9, 2024, to facilitate transportation of tribal children from remote areas to the Government Higher Secondary School in Gudalur. The
Washington [US], February 16: The US-India Strategic Partnership Forum (USISPF) is delighted to welcome Arvind Krishna, the Chairman and Chief Executive Officer of IBM to the Board of Directors.
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable businesses to make card payments through certain intermediaries, to entities that do not accept card payments.
The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers, the RBI said in a press release.
The Allahabad High Court has completed the hearing and reserved its order in an appeal moved by the Anjuman Intezamia Masajid Committee challenging the Varanasi District Court order that allowed the Hindu side to offer prayers in the southern cellar of Gyanvapi mosque.
US Fed had raised interest rates from near zero to now 5.25-5.50 per cent in the fight against inflation. Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.