Official India: RBI, SEBI, and government announcements, decoded into plain English.
Bajaj Finance shares fell 5.55% to Rs 1,086 on August 3, their sharpest intraday decline in four months, Business Today reports. The company’s market capitalisation fell to Rs 6.85 lakh crore. The…
The road transport ministry has revised ratings for consultants preparing detailed project reports for national highway projects, capping associate firms at 75% of the lead consultant’s score. Associate ratings will be published…
The textiles ministry has reoriented its cotton strategy from pest protection to productivity improvement, targeting a yield increase of at least 50 kg per hectare annually under the Rs 5,659 crore Cotton…
The government has tabled a bill in the Lok Sabha to amend the Payment and Settlement Systems Act, 2007, removing the blanket ban on merchant discount rate (MDR) for UPI transactions. Finance…
The Reserve Bank of India is discussing comprehensive guidelines for banks and non-bank lenders using artificial intelligence, Livemint reports, citing a person familiar with the discussions. The proposed framework could bring together…
Taxpayers can pay certain income tax dues, including advance tax, self-assessment tax and outstanding demand, through credit cards on the income tax department’s e-filing portal. Payments can be made through the e-pay…
More than 1,000 Kerala government employees are working round the clock on disaster management and relief operations in the landslide-hit areas of Wayanad, Chief Minister Pinarayi Vijayan’s office said on August 4.…
The Bombay High Court on Friday dismissed Bhavesh Bhinde’s petition seeking release in the Ghatkopar hoarding collapse case, finding no legal defect in his arrest. Bhinde, director of Ego Media Private Limited,…
Political turmoil and a change of government in Bangladesh may delay the Agartala-Akhaura rail link, Maitree bridge operations and a planned Agartala-Chittagong flight, Tripura Transport Minister Sushanta Chowdhury said. The Hindu reports…
West Bengal Chief Minister Mamata Banerjee on Sunday asked Odisha Chief Minister Mohan Charan Majhi to examine alleged assaults on labourers from Bengal. A senior official told PTI that workers had reportedly…
