Community & General News
Byju's Founder Faces ED Notice Over Rs 9362 Crore FEMA Violation
23 February 2024 at 09:09ED has reportedly prolonged its lookout circular (LOC) against Byju Raveendran, the founder of the embattled ed-tech giant Byju's, as part of an ongoing investigation into alleged violations of the FEMA.
RBI Takes Action Against Paytm Payments Bank under Banking Regulation Act
17 February 2024 at 08:45Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949
Supreme Court Strikes Down Electoral Bonds, Halts SBI Issuance
15 February 2024 at 13:02On February 15th, the Supreme Court delivered its long-awaited verdict on a series of petitions challenging the Electoral Bond scheme, a system allowing for anonymous funding to political parties. The landmark judgment, delivered by a five-judge Cons
UPI Goes Global - Payments Now Accepted in 7 Countries
13 February 2024 at 09:11In a significant move to enhance cross-border digital transactions, the Ministry of External Affairs announced the extension of Unified Payment Interface (UPI) services to Sri Lanka and Mauritius.
RBI Clarifies: Paytm App Unaffected, Only Payments Bank Under Scrutiny
12 February 2024 at 09:16In a press conference on Thursday, the Reserve Bank of India (RBI) clarified that its recent directive concerns Paytm Payments Bank and not the Paytm app itself.
RBI Expected to Provide Clarification on Paytm Services, Says Financial Services Secretary
09 February 2024 at 09:16The Reserve Bank of India (RBI) is deliberating on potential actions regarding Paytm Payments Bank (Paytm PB) following regulatory non-compliance issues
RBI Keeps Repo Rate Unchanged At 6.50%
08 February 2024 at 13:07On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today
Paytm CEO Meets FM Nirmala Sitharaman Amid Paytm Payment Bank Crisis
08 February 2024 at 09:28In a bid to address the escalating crisis involving Paytm's banking arm, Paytm Payment Bank (PPBL), Vijay Shekhar Sharma, the founder and CEO of Paytm, held a crucial meeting with Union Finance Minister Nirmala Sitharaman on February 6.
RBI Ban on Paytm Payments Bank and Its Implications for FASTags
05 February 2024 at 09:24Reserve Bank of India (RBI) has imposed restrictions on Paytm Payments Bank, prohibiting it from accepting deposits or top-ups in any customer account, including FASTags, after February 29, 2024.
Finance Ministry Projects 7% GDP Growth for FY25, $7-Trillion Economy by 2030
31 January 2024 at 09:08In a recent report released on Monday, the Finance Ministry of India presented a positive outlook on the country's economic growth, projecting a close-to-7-percent GDP growth for the fiscal year 2025
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