News and Updates

Newspapers are the link between people and their government. They’re the ‘voice’ of the general public and the custodians of truth.  Even though the fall of newspapers has long been...

TRAI, the Indian telecom regulator, is exploring a penal option for telecom operators for hoarding unutilized fixed line phone numbers to address the crunch of numbering resources hampering the growth...

RBI’s Monetary Policy Committee (MPC) meeting was scheduled from 5 – 7 June, 2024. The key lending rate at which the RBI lends to commercial banks currently stands at 6.5%. ...

Union Health Ministry, under the chairmanship of the Directorate General of Health Services (DGHS) Dr. Atul Goel, conducted a virtual meeting with States/UTs to evaluate the preparedness of heatwave conditions...

Zurich Insurance Company has received the approval of the Reserve Bank of India (RBI) for the acquisition of 70 percent stake in Kotak Mahindra General Insurance Company for Rs. 5,560...

NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have teamed up to introduce a UPI-like real-time payments mechanism in Peru. This collaboration makes Peru the...

Quacquarelli Symonds, on 4th June, 2024, released its QS World University Rankings 2025 wherein IIT Bombay and IIT Delhi made it to the top 150 universities across the world. While...

The Food Business Operators (FBOs) have been asked by the Food Safety and Standards Authority of India (FSSAI) to remove the “100% fruit juice” claims from the advertisements and labels...

After raising the Dearness Allowance (DA) by 4 per cent in March, 2024, the Government of India (GOI) has now taken the decision to increase the gratuity limit. The maximum...

In a press release on 31st May, 2024, the Bank of India (BOI) said that it had launched a 666 Days Fixed Deposit (FD) offering returns of up to 7.95...

India’s Space Startup Agnikul Cosmos launched its Agnibaan rocket for the first time on 30th May, 2024, powered by the only Indian rocket engine to use both gas and liquid...

On 30th May, 2024, the Reserve Bank of India (RBI) allowed the opening of rupee accounts outside India as part of its strategic plan to internationalize the domestic currency.  The...

According to the Insurance Regulatory and Development Authority of India (IRDAI), the insurance companies must accept cashless claims and pay any associated costs within three hours of a hospital requesting...

Gurugram-based Tesla Power India has been asked by the Delhi High Court to present an affidavit detailing the stocks and sales of their EV scooters, which includes providing the dealers’...

The Reserve Bank of India imposed fines on private banks ICICI Bank and Yes Bank because of their non-compliance.  A fine of Rs 1 crore was imposed by RBI on...