The Reserve Bank of India (RBI) on Thursday allowed the opening of rupee accounts outside India. The Reserve Bank of India (RBI) on Thursday allowed the opening of rupee accounts outside India as part of its strategic action plan to internationalise the domestic currency. With emphasis on continuous synchronisation of …...Read More
RBI To Allow Opening Of Rupee Account Outside India
Unclaimed Money At Banks Rises 26% In 1 Year To Rs 78,213 Crore: RBI
Amount with Depositor Education and Awareness Fund stood at Rs 62,225 crore as of March 2023. Unclaimed deposits with banks have witnessed a 26 per cent jump year on year to Rs 78,213 crore at the end of March 2024, as per the RBI Annual Report released today. The amount …...Read More
Finance Minister Nirmala Sitharaman
Banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023 Finance Minister Nirmala Sitharaman said today that banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023, as part of the reforms process implemented by the Modi government. …...Read More
HDFC Bank To Stop SMS Alerts For Some UPI Transactions. Check Details Here
Starting June 25, HDFC Bank will stop sending SMS alerts for UPI transactions up to Rs 100. Now SMS notifications will be pushed only for transactions above Rs 100 (for money sent/paid) and above Rs 500 (for money received). The lender informed its customers through emails that they would continue …...Read More
"Felt He Was Like An Elder Brother To Me": Dalai Lama On Manmohan Singh
On receiving news that former Prime Minister Manmohan Singh had passed away on Thursday night, His Holiness the Dalai Lama wrote to his widow Gursharan Kaur to express his sadness on Friday. “I will remember him in my prayers and offer my condolences to you and your family at this …...Read More
Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday. The Reserve Bank of India has released the Report on …...Read More
Prime Minister Narendra Modi Distributes 71,000 Appointment Letters To New Recruits
Prime Minister Narendra Modi distributed over 71,000 appointment letters to newly recruited individuals via video conferencing on Monday. The event was part of the Centre's Rozgar Mela initiative, aimed at empowering youth through job creation and fostering meaningful participation in nation-building. Addressing the gathering, PM Modi extended his congratulations to …...Read More
Budget 2025 To Be Presented On Saturday, Stock Markets To Remain Open For Trading
Trading will be conducted during normal hours from 9.15 am to 3.30 pm. Stock markets will remain open for trading on February 1, Saturday, when Finance Minister Nirmala Sitharaman presents the Union Budget, bourses BSE and NSE said on Monday. Stock markets are generally closed on Saturdays and Sundays, except …...Read More
Jailed Separatist Amritpal Singh Gets "Mike" Symbol To Fight Lok Sabha Polls
Amritpal Singh is lodged in a Assam jail under the National Security Act. Jailed separatist Amritpal Singh, who is contesting from the Khadoor Sahib seat in Punjab as an Independent candidate, has been allotted the poll symbol of "'mike'. He was among the 169 Independent contestants, out of a total …...Read More
Universities Are Feeling The Pinch As Indian Students Ditch The 'Big Four'
Years ago, I dined at an exotically named restaurant, "1001 Nights," in St. Petersburg, Russia. There, I met four young students from southern Indian states, all studying medicine. To earn some pocket money, they worked part-time at the restaurant. Curious, I asked if they liked being so far from home, …...Read More
