Curbs on Paytm Payments Bank proportionate to gravity of situation: RBI
Mumbai, Feb 8 - Senior RBI officials on Thursday said that barring Paytm Payments Banks from accepting deposits was part of “a supervisory action and the restrictions are proportionate to the gravity of the situation.”
Indian company Dynamatic Technologies awarded contract by Airbus for A220 family plane doors
New Delhi, Feb 8 - Airbus has awarded a contract to Dynamatic Technologies, an Indian company, for the manufacturing of doors for the A220 family of planes.
Google pilots new programme to protect Android users from financial fraud
New Delhi, Feb 8 - Google has started a new programme, 'enhanced fraud protection' with Google Play Protect to help better shield Android users from financial fraud attacks.
RBI may not cut repo rate any soon or for six months: Economists
Chennai, Feb 8 - With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) deciding to retain the repo rate at 6.5 per cent, economists are of the view that a rate cut may not happen any time soon or at least
Jindal Law School’s interdisciplinary research outshines faculty publications by top 4 NLUs
Sonipat, Feb 8 - Jindal Global Law School (JGLS) of the O. P. Jindal Global University (JGU) continues its knowledge production with a shifting focus on interdisciplinarity.
RBI plans new framework for authentication of digital transactions
Mumbai, Feb 8 - The RBI on Thursday said that it has decided to come out with a new framework for authentication of digital payment transactions and introduce additional norms to enhance the security of the Aadhaar Enabled Payment System (AePS).
Political parties decry suspension of mobile services in Pakistan
Islamabad, Feb 8 - Political parties, including the Pakistan Tehreek-e-Insaf, have decried suspension of mobile services when the polling for the 12th general elections is underway on Thursday.
In a first, Indian-origin Australian senator takes oath on Bhagavad Gita
Melbourne, Feb 8 - Indian-origin barrister Varun Ghosh has become the first-ever Australian Senator to take the oath of office on the Bhagavad Gita.
Women officers represent India at Riyadh Defence show
New Delhi, Feb 8 - Indian women from the Tri-Service were representing the country at the World Defence Show (WDS), currently being held in Riyadh, Saudi Arabia.
Mexico overtakes China as the top exporter of goods to US
New York, Feb 8 - For the past two decades, the US imported more goods from China than all other nations. That's no longer the case now, the media reported.
GIC Re’s scrip flares up to touch 52-week high of Rs 467
Chennai, Feb 8 - The national reinsurer General Insurance Corporation of India’s (GIC Re) scrip flared up to reach a 52 week high of Rs 467 on Thursday and came down later.
RBI makes Key Fact Statement a must for retail and MSME loans
Mumbai, Feb 8 - The RBI on Thursday announced that it is mandatory for regulated entities such as NBFCs to provide ‘Key Fact Statement’ (KFS) in a simple format to borrowers for all retail and MSME loans.
RBI to review regulatory norms for Electronic Trading Platforms
Mumbai, Feb 8 - The RBI announced on Thursday that it has decided to review the regulatory framework for Electronic Trading Platforms (ETPs) and the revised regulatory framework will be issued separately for public feedback.
RBI allows hedging of gold price risk in IFSC
Mumbai, Feb 8 - The Reserve Bank of India (RBI) has decided to allow hedging of gold price risk in the Over the Counter (OTC) Market in the International Financial Services Centre (IFSC).
RBI projects GDP growth at 7% for 2024-25, sees inflation falling to 4.5%
Mumbai, Feb 8 - The RBI has projected India’s real GDP growth for 2024-25 at 7.0 per cent as it expects the growth momentum to continue into the next financial year while it sees inflation coming down to 4.5 per cent given a
‘Mr Bean’ actor Rowan Atkinson blamed in House of Lords for slump in EV sales in UK
Mumbai, Feb 8 - 'Mr Bean' actor Rowan Atkinson has been blamed for the slump in the sale of electric cars in the UK. The actor was name checked in the House of Lords, upper house of the Parliament of the United Kingdom,
Israel instructs IDF to take action in Gaza’s Rafah
Tel Aviv, Feb 8 - Israel Prime Minister Benjamin Netanyahu has directed Israel Defense Forces (IDF) to take action in Rafah to wipe out Hamas from the Gaza strip.
Mobile services suspended across Pakistan for election day
Islamabad, Feb 8 - Mobile services have been "temporarily" suspended across Pakistan on election day due to security threats, Interior Ministry said.
Pakistan polls: Voting underway, security officer killed
Islamabad, Feb 8 - A security officer was killed in Khyber Pakhtunkhwa province's Tank district in Pakistan on Thursday where polling is underway to elect the new government, local media reported.
Pakistan polls: Shehbaz Sharif among early voters
Islamabad, Feb 8 - Pakistan Muslim League (N) (PML-N) chief Shehbaz Sharif on Thursday cast his vote for the general elections in the country.