Community & General News
FM Nirmala Sitharaman Calls Q2 GDP Slowdown a "Temporary Blip"
19 December 2024 at 08:58Finance Minister Nirmala Sitharaman addressed concerns in the Lok Sabha over the recent slowdown in India's GDP growth during the second quarter of FY 2025, assuring that the dip is a "temporary blip"
Economic Affairs Secretary Ajay Seth Takes on Additional Role as Revenue Secretary
12 December 2024 at 09:09In a key administrative reshuffle, Economic Affairs Secretary Ajay Seth has been assigned the additional role of Secretary of the Revenue Department, effective immediately, as per a government order issued on Tuesday.
Revenue Secretary Sanjay Malhotra Appointed as New RBI Governor
10 December 2024 at 09:04In a major announcement, Revenue Secretary Sanjay Malhotra has been appointed as the 26th Governor of the Reserve Bank of India (RBI), according to an official notification issued by the Centre's Cabinet Committee on Monday.
RBI Cuts CRR to 4%, Maintains Repo Rate, Lowers FY25 GDP Growth Forecast to 6.6%
06 December 2024 at 12:39Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
RBI Directs Banks to Streamline Handling of Inoperative Accounts and Unclaimed Deposits
06 December 2024 at 09:15The Reserve Bank of India (RBI) has issued a circular emphasizing the need for commercial banks (excluding Regional Rural Banks) to address the growing number of inoperative accounts and unclaimed deposits.
Revenue Secretary Highlights AI, ML Integration to Combat Smuggling
06 December 2024 at 09:15Revenue Secretary urges DRI to embrace and integrate cutting-edge technologies such as Machine Learning (ML) and Artificial Intelligence (AI) in its operations to enhance detection and enforcement capabilities
RBI Enhances Limits for UPI Lite Transactions in Offline Mode
05 December 2024 at 09:05In a significant move to promote small-value digital payments, the Reserve Bank of India (RBI) has revised the framework for facilitating offline payments under UPI Lite.
PM Internship Scheme Pilot Offers 1.25 Lakh Internship Opportunities for FY 2024-25
04 December 2024 at 08:57Pilot Project launched under PMIS to provide 1.25 lakh internship opportunities in the FY 2024-25.
RBI Reports 98% Return of Rs 2000 Banknotes Post Withdrawal Announcement
03 December 2024 at 08:5598.08% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned
UPI Processes 16 Billion Transactions Worth Rs 23.49 Lakh Crores in October 2024
02 December 2024 at 09:10IntroductionIn October 2024, Unified Payments Interface (UPI) achieved a historic milestone by processing 16.58 billion financial transactions in a single month, underscoring its pivotal role in India's digital transformation.
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