BHIM UPI transactions more than double to 273 cr in March
The overall volume of UPI transactions for the month was Rs 5,04,886 crore, up from Rs 2,06,462 crore the previous month. According to data released...
Recurring payment services by NPCI
NPCI is known as the national payments corporation of India. It has formed a wholly-owned subsidiary. The NBBL owns it for offering payment solutions....
Auto Debit Rule: New Deadline is September 30
Auto Debit Transactions
The central bank relented on Wednesday after much hand-wringing by banks and payment companies over the March 31 deadline for enabling the...
Vedanta plans a new Rs 10,000-crore copper plant in Tuticorin, which is currently closed
The Madras High Court upheld the Tamil Nadu government’s decision in May 2018 to close the Tuticorin plant due to allegations of polluting the...
Govt sets gross market borrowing target at Rs 7.24 lakh crore for first half of FY22
As per the borrowing plan for H1, the government will issue securities with a maturity of 2, 5, 10, 14, 30 and 40 years...
Electricity Demand Recorded an Annual Rise for the Seventh Straight Month in March
With the current rate of electricity i.e. 123.2 BU, it has been official that he shall be supplied in March with the rate of...
To boost performance, SBI is revamping its MSME lending operations
SBI aims to develop internal processes and structure in the SME space in order to improve market share/enhance the portfolio while maintaining asset quality,...
Moodys Lowers Oil India’s Credit Assessment on Numaligarh Refinery Buyout
The price of the oil is increased to 80.2%. The oil and gas prices are increasing these days, and many arguments are going on...
Indian steelmakers likely to embark on new capex cycle soon
According to Morgan Stanley, the focus of the steelmakers would initially be on repairing their balance sheets and as a result, the net debt-equity...
Breaking Master/ Visa Credit Card Oligopoly, UPI-Based Mobile vCard Finds Takers in India
vCARD is the future:
vCard is a digital credit card that incorporates several technological advancements. It is fundamentally different from bank-issued plastic credit cards. Since...
IPL 2021: Rajasthan Royals full squad announced! Is it Sanju Samson’s season to shine?
Rajasthan Royals Full Team for IPL 2021: The Rajasthan Royals squad for IPL 2021 will include players such as Ben Stokes, Jofra Archer, David...
Bank credit to small businesses jumps 6.4% in January; MSEs’ share dips marginally
Credit and Finance for MSMEs: In January 2021, the year-on-year increase in gross bank credit deployment to micro and small enterprises (MSEs) remained above...
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States will request a three-year extension of GST compensation at the upcoming council meeting: Sources
After Union Finance Minister Nirmala Sitharaman returns from her 10-day trip to the US after attending the World Bank-IMF meeting earlier this month, the...
The Dogecoin craze has made its way to Indian cryptocurrency exchanges
The Dogecoin craze has spread to cryptocurrency exchanges in India.
The cryptocurrency, named after a meme of the Japanese dog breed Shiba Inu and backed...
Retail Inflation Likely Rose in March But Stayed Within Target
According to a Reuters survey, India's retail inflation rose to a four-month high in March, owing to increases in food and fuel rates, but...
In FY21, the income tax and corporate tax collections exceeded the revised estimates, totaling Rs 9.45 lakh crore
Mumbai: The fiscal year ended March 31 saw income tax and corporate tax collections of Rs 9.45 lakh crore, which were 5% higher than...