The Reserve Bank of India (RBI) has kept the repo rates unchanged for the sixth time in a row at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks. The decision was made during the three-day RBI’s monetary policy committee which started on Tuesday (February 6-8)….
Indian Railways will introduce the sleeper coaches to Vande Bharat trains by March 2024, according to reports. The Indian Railways will start by adding an inaugural fleet of 10 Vande Bharat sleeper class trains in March 2024. According to reports, the initial routes earmarked for these trains include the Delhi-Mumbai and Delhi-Howrah, with trial runs…
Aadhaar, a 12-digit unique identification number, serves as a unified platform for online and offline identity verification for residents nationwide. Individuals can electronically or through offline means authenticate their identity credentials using their Aadhaar number. This unique identifier enables residents to access a wide array of government services, banking facilities, telecom services, and more. UIDAI…
The Reserve Bank of India (RBI) earlier this week took a major action against One97 Communications, the owner of Paytm, regarding Paytm Payments Bank Ltd (PPBL) due to “persistent non-compliances and continued material supervisory concerns”. It barred PPBL, which houses all of Paytm’s 330 million wallet accounts, from accepting deposits or top-ups in any customer…
India is expected to consider extending tax concessions on contributions and withdrawals in the upcoming Interim Budget 2024, in an effort to make the National Pension Scheme (NPS) more attractive, as per a Deloitte report The government might specifically focus on individuals aged 75 and above. This move is anticipated to bring about changes that…
Secure your super personal WhatsApp chats with Meta’s newly introduced Secret Code feature that is available for both Android and iPhone users. While WhatsApp already allowed users to lock their private chats with a fingerprint, there was a potential risk. The fingerprint lock relied on the same fingerprint authentication used to unlock the phone itself….
Google has launched its flagship Pixel 8 and Pixel 8 Pro phones in a new Mint colourway after teasing the same last week across its social media handles. As the name suggests, this is a shade of green, but it is quite muted and in line with the pastel aesthetic that the search giant has…
The Aadhaar (Enrolment and Update) rules have been revised by the Unique Identification Authority of India (UIDAI), introducing updated procedures for enrolment and updating. These modifications, known as the Aadhaar (Enrolment and Update) Amendment Regulations, 2024, aim to enhance the accessibility of the enrolment process for both residents and non-residents. As of its January 16…
An initial public offering (IPO) is the procedure by which private corporations sell their shares to the general public to generate equity money from public investors. An IPO is the process by which a privately owned firm becomes a publicly traded company. This method also provides a possibility for astute investors to make a substantial…
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has introduced fresh guidelines for withdrawing pensions through the National Pension System (NPS), set to be effective from February 1, 2024. These regulations outline conditions for subscribers looking to make partial withdrawals from their pension accounts. According to the updated rules, subscribers can withdraw a…