The Reserve Bank of India on Friday gave a 15 day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 from the earlier date of February 29. In its release the Central Bank said “No further deposits credit transactions or top-ups shall be allowed in any customer accounts, prepaid instruments, … Read more
Finance Minister Nirmala Sitharman on Thursday laid a White Paper on the Indian economy in the Lok Sabha. The White Paper gives a ‘before and after’ account of the economy, comparing the economy during the 10-year UPA rule with the 10-year NDA rule. The white paper was tabled on the last day of the ongoing … Read more
The Supreme Court on Thursday (15th February) struck down the electoral bonds scheme which was notified in 2018. The 5-judge bench ruled that the Electoral Bonds Scheme is violative of Article 19(1)(a) and the Right to Information Act and has to be struck down as unconstitutional. The Supreme Court has called for the disclosure of funding to … Read more
On the 13th of February, Congress leader Rahul Gandhi promised to enact a Minimum Support Price (MSP) guarantee law if his party comes to power in the coming Lok Sabha Elections. While addressing a gathering in Chhattisgarh’s Ambikapur, Rahul Gandhi said, “BJP government gave Bharat Ratna to M.S. Swaminathan. But the cause to which Swaminathan devoted … Read more
Prime Minister Narendra Modi, President of Sri Lanka, Ranil Wickremesinghe and Prime Minister of Mauritius, Pravind Jugnauth will witness the launch of Unified Payment Interface (UPI) services in Sri Lanka and Mauritius, as well as, RuPay card services in Mauritius, on Monday 1 pm via video conferencing, the Ministry of External Affairs (MEA) said. India … Read more
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