In a bid to mitigate the financial risk from concentration of business, the Reserve Bank of India (RBI) imposed curbs on banks investing in their group companies. Objective...
Mr. Jatinder Bir Singh appointed new Chairman and Managing Director of Punjab and Sind Bank (PSB). He succeeded Mr. D.P. Singh. Previously, Mr. Singh was an Additional Secretary in...
As per the report released by the Union Ministry of Drinking water and Sanitation, Sikkim became the only state in India to achieve 100% sanitation in rural and...
The Reserve Bank of India (RBI) allowed Foreign Institutional Investors (FIIs) to purchase shares in Dabur India up to 30% of the firm’s paid up capital. FIIs have...
The astronomers led by Dr Stefan Keller of the Australian National University (ANU) have discovered the oldest known star, SMSS J031300.36-670839.3, in the Universe, which formed shortly after...
Maruti Suzuki India Ltd (MSIL) stopped production of the iconic Maruti 800 car brand that had been the carrier for millions of Indian middle-class families. As per the...
The search giant, Google marked the 135th birth anniversary of freedom fighter and poet Sarojini Naidu with a doodle. The doodle on the search giant’s homepage displayed a...
The Reserve Bank of India (RBI) released draft report on enabling Public Key Infrastructure (PKI) in payment system applications. Public Key Infrastructure enabled electronic payment systems that has...
The National Green Tribunal (NGT) banned the burning of tyres at public places viz. roads, areas surrounded by residential buildings and also during protests by political and religious groups, as...
With an aim to minimize frauds, RBI has mandated that Banks must adopt Aadhaar as additional authentication or move to EMV (Euro pay MasterCard Visa) chip and pin...