India’s foreign exchange reserves have experienced a notable rise. on November 09, the reserves reached 658.09 billion dollars, an increase of 1.51 billion dollars. This marks the first...
A parliamentary committee has endorsed reforms in the insurance sector, aiming to enhance the industry’s efficiency and competitiveness. The Insurance Amendment Bill proposes several key changes. Composite Licenses...
The Reserve Bank of India’s innovation unit, RBIH, has introduced MuleHunter.AI, which aims to combat financial fraud effectively and specifically targets mule accounts used in illegal activities. Recent...
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,...
