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UPI Transactions Surge by 57% in FY 2023-24, Cross 100 Billion Mark

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In a testament to the rapid digitization of financial transactions in India, Unified Payment Interface (UPI) transactions have witnessed a remarkable 57% rise in...
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PM Modi Commends RBI’s Role in India’s Banking Sector Revival and Economic Stability

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Prime Minister Narendra Modi delivered accolades to the Reserve Bank of India (RBI) during an event marking the central bank's 90th anniversary, highlighting its...
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No Changes in Income Tax Regime from April 1, 2024: Taxpayers Can Opt for Lower Rates

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In a recent update, it has been confirmed that there will be no changes in the income tax regime starting April 1, 2024. The...
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Mumbai Surpasses Beijing, Crowned Asia’s New Billionaire Capital

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In the latest release of the Hurun Global Rich List for 2024, Indian business magnates Mukesh Ambani and Gautam Adani have captured attention with...
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RBI’s Regulatory Clampdowns to Enhance Compliance, Impact Financial Sector Growth

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In a recent report, the Reserve Bank of India's (RBI) stringent measures on select banks and non-banking financial companies (NBFCs) are highlighted as pivotal...
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NPCI Arm, Banks, and Fintechs in Discussion for Net Banking Synergies for Interoperability

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In a bid to enhance banking interoperability, NPCI Bharat Billpay (NBBL) is currently engaged in discussions with banks and fintech firms. This initiative follows...
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India’s Direct Tax Collections Surge by 18.74% in FY 2023-24

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India's Gross Direct Tax collections for the Financial Year (FY) 2023-24 have recorded a substantial growth of 18.74%, according to provisional figures released by...
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RBI Alerts Banks to Heightened Cybersecurity Threats: Action Points Issued After Inspection

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In a recent development, the Reserve Bank of India (RBI) has issued a heightened alert to several banks, urging them to fortify their cybersecurity...
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Adani Group Set to Invest Over Rs 1.2 Lakh Crore Across Diverse Sectors in FY 2024-25

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In a bold move towards bolstering its already expansive portfolio, Adani Group has announced plans to invest more than Rs 1.2 lakh crore across...
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NHAI Urges Paytm FASTag Users to Obtain Other Bank FASTag by March 15, 2024

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In an effort to ensure a smooth travel experience and avoid potential inconveniences at toll plazas, the National Highways Authority of India (NHAI) has...
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