Others News

Rs 500 Note Not Being Discontinued: PIB Fact Check Debunks Viral Claim

04 June 2025 at 09:19

In the age of viral misinformation, yet another baseless rumour is doing the rounds-this time claiming that the Reserve Bank of India (RBI) will discontinue the circulation of Rs 500 currency notes by March 2026.

Posted in Others | 2382 Views

Ministry of Finance appoints Punjab National Bank as Official Liquidator for 32 Defunct Banks

04 June 2025 at 09:05

The Ministry of Finance (Department of Financial Services) has officially appointed Punjab National Bank (PNB) as the official liquidator for the winding-up proceedings of 32 defunct banking companies, as per a notification dated June 3, 2025.

Posted in Others | 2358 Views

Indian Civil Accounts Service Rules, 2025 Released

31 May 2025 at 08:32

In a significant administrative reform, the Ministry of Finance (Department of Expenditure) has notified the Indian Civil Accounts Service (Group 'A') Rules, 2025, replacing the older 2006 rules.

Posted in Others | 1227 Views

Retired Central Govt Employees Can Now Claim Extra Pension Benefits Under UPS

31 May 2025 at 08:32

Retired Central Government NPS Subscribers with minimum 10 years of qualifying service can claim additional benefits under Unified Pension Scheme (UPS)

Posted in Others | 1059 Views

India's GDP Records 6.5% Growth in FY 2024-25, Q4 Outpaces with 7.4%

30 May 2025 at 16:19

PROVISIONAL ESTIMATES OF ANNUAL GROSS DOMESTIC PRODUCT FOR 2024-25 AND QUARTERLY ESTIMATES OF GROSS DOMESTIC PRODUCT FOR THE FOURTH QUARTER (JANUARY-MARCH) OF 2024-25

Posted in Others | 1353 Views

Centre Begins 5-Year Review and Approval Process for CSS and CS Schemes

30 May 2025 at 09:23

Central Government kickstarts the five-yearly process of appraisal and approval of Centrally Sponsored Schemes (CSSs) and the Central Sector Schemes (CSs)

Posted in Others | 165 Views

KYC Update in Bank Accounts to Get Simpler: RBI Draft Guidelines

26 May 2025 at 11:01

The Reserve Bank of India (RBI) has invited public and stakeholder feedback on a draft circular proposing revised guidelines for the updation and periodic updation of Know Your Customer (KYC) details.

Posted in Others | 918 Views

RBI Eases Process to Reactivate Inoperative Bank Accounts and Claim Unclaimed Deposits

26 May 2025 at 09:16

The Reserve Bank of India (RBI) has released a draft circular titled "Inoperative Accounts/ Unclaimed Deposits in Banks - Revised Instructions (Amendment), 2025", which proposes modifications to the earlier guidelines issued on January 1, 2024.

Posted in Others | 1773 Views

Finance Ministry Amends Rule 8 of Securities Contracts Rules to Boost Ease of Doing Business for Brokers

20 May 2025 at 08:57

The Department of Economic Affairs (DEA), Ministry of Finance, amended Rule 8 of the Securities Contracts (Regulation) Rules (SCRR), 1957, via Gazette Notification G.S.R. 318(E). T

Posted in Others | 1251 Views