RBI has allowed non-bank entities to participate in central payment systems like NEFT, RTGS The Reserve Bank of India (RBI) has allowed non-bank payment system providers to participate in central payment systems namely Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer (NEFT) systems, in a phased manner. Non-bank payment …
Read More »Gold Price Today In India On July 29,2021:Yellow Metal Touches Week’s High, Silver Shows Huge Rise
Gold Price Today: Yellow metal touched week’s high while silver also showed huge rise Gold rates on Multi Commodity Exchange on Thursday reached a week’s high level as yellow metal August futures were trading at Rs 47,780 per 10 gram, up by Rs 203 from the previous close of Rs 47,577. Silver September …
Read More »Reserve Bank Of India (RBI) Digital Payments Index At 270.59 For March 2021
The RBI-DPI index was set as 100 in March 2018 (the base period) The Reserve Bank of India’s digital payments index (DPI) in March 2021 rose to 270.59, compared to 207.84 for March 2020, indicating a robust growth in digital transactions during the COVID-hit year in the country. The central bank announced the construction …
Read More »Cryptocurrency Bitcoin Crosses $40,000-Mark, Registered Biggest Jump In 6 Weeks
Bitcoin At $50,000: Bitcoin has a market capitalisation of over $741.69 billion Cryptocurrency bitcoin broke above the $40,000 mark on Wednesday, July 28, and is now on its journey to break from its month-long range, as the traders drew confidence from recent positive remarks by influential investors and short-sellers bailed out. On …
Read More »Lok Sabha Approves First Batch Of Supplementary Demands Totalling Rs 23,675 Crore: Report
Amid a din, the Lok Sabha on Wednesday approved the first batch of supplementary demands authorising the government to spend an additional Rs 23,675 crore, including Rs 17,000 crore for the health ministry, in the current financial year. Finance Minister Nirmala Sitharaman introduced the supplementary demands for grants and relevant …
Read More »IndusInd Bank Profit Doubles To Rs 1,016 Crore In April-June Quarter
IndusInd Bank reported a net profit of Rs 1,016 crore on a consolidated basis in the April-June quarter of the financial year 2021-22, compared to Rs 510 crore in the corresponding quarter last year, marking a growth of 99 per cent year-on-year. The bank’s net profit almost doubled in the …
Read More »Amazon-Backed Wiliot Raises $200 Million In Investment Led By SoftBank Vision Fund 2
Wiliot, a technology company backed by Amazon Web Services and Qualcomm Inc, said on Tuesday it raised $200 million in a funding round led by SoftBank Vision Fund 2.The company, which makes chips that can be embedded on product packaging to help track items during their manufacturing, shipping, and sale, …
Read More »Excise Duty On Petrol, Diesel Hiked By 43% And 68% In 11 Months
Excise duty on petrol and diesel was hiked 43 per cent and 68 per cent in 11 months Excise duty on petrol and diesel went up by 43 per cent and 68.8 per cent respectively between March 2020 and February 2021, even as fuel prices have sky rocketed over the past …
Read More »Centre Released 600 Lakh Tonnes Of Food Grains During Pandemic For Poor
Centre released 600 lakh tonnes of food grains under Pradhan Mantri Garib Kalyan Ann Yojana Centre released around 600 lakh tonnes of food grains during the Coronavirus pandemic year 2020-21 and 2021-22 under Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY). According to Ministry of Consumer Affairs data, out of the …
Read More »International Monetary Fund (IMF) Downgrades India’s Growth Projection From 12.5% To 9.5% For Fiscal 2021-22
The International Monetary Fund (IMF) lowered India’s growth projection from 12.5 per cent to 9.5 per cent for fiscal 2021-22, following the severe second wave of COVID-19 pandemic in the country. Promoted Listen to the latest songs, only on JioSaavn.com
Read More »