The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit from ₹2,000 to ₹5,000, which aims to encourage digital transactions. The new rules were announced...
The Government of India is developing a unified online platform called the National Legal Metrology Portal (eMaap), which aims to connect all State Legal Metrology Departments. The portal...
India’s Unified Payments Interface (UPI) reached a milestone in October 2024, recording 16.58 billion transactions in one month. This marks a 45% increase from the previous year. The...
The Rajya Sabha intended to discuss the Oilfields (Regulation and Development) Amendment Bill, 2024. However, the session concluded without any progress on the matter. The bill aims to...
The Central Board of Indirect Taxes and Customs (CBIC) recently hosted a global India Authorised Economic Operator (AEO) programme, which took place on November 28-29, 2024, in New...
The Asian Development Bank (ADB) has appointed Masato Kanda as its 11th President. His term begins on February 24, 2025, and succeeds Masatsugu Asakawa, who will leave office...
India resumed signing Free Trade Agreements (FTAs) in 2021 after a decade-long hiatus. The country has since completed agreements with Mauritius, the UAE, Australia, and EFTA countries. However,...
Big tech companies are experiencing rapid growth in India, faster than in other parts of the world. This trend has been evident over the past four fiscal years...
The Aadhaar Enabled Payment System (AEPS) is transforming banking access in rural and semi-urban regions. It utilizes Aadhaar numbers and biometric authentication for seamless transactions. This system promotes...
Commerce Secretary Sunil Barthwal recently visited Norway, and aimed to discuss the swift implementation of a free trade agreement. This agreement is between India and the European Free...