RuPay has been moving towards a dynamic payment system. Launched by the National Payments Corporation of India (NPCI), it has issued over 64 million cards since its inception in 2014. The RuPay... Read more »
The Reserve Bank of India relaxes the business guidelines for white label ATMs allowing them to redirect wholesale cash from the central bank. Automated Teller Machines (ATMs) set up, owned and operated... Read more »
Prime Minister Narendra Modi’s financial inclusion programme will be worth Rs one lakh crore very soon. Pradhan Mantri Jan Dhan Yojana, which was launched in August 2015 by Modi has gained users... Read more »
While it’s been around for more than 40 years, the rallying cry “The Future Is Female” is breathing new life into gender-equality movements around the world, as women gain greater political power,... Read more »
Reliance Capital Limited, a part of Reliance Group, today announced its overall strategy to reduce its debt by approx. Rs. 10,000 – 12,000 crore in the next 3-4 months. This substantial 50... Read more »
The likelihood of Indian GDP growth coming at below 7 percent in 2019-20 is quite high despite aiding factors like low oil prices and an expansionary budget, a report said Wednesday. Global... Read more »
In a landmark move, the Indian government has banned import of solid plastic waste into the country including in Special Economic Zones (SEZ) and by Export Oriented Units (EOU), an official statement... Read more »
Start-ups can now seek angel tax exemptions for investments up to Rs 25 crores, according to the modified norms of the income tax (I-T) department. The modified norms look to encourage creative... Read more »
Mukesh Ambani Mukesh Ambani chairs and runs $60 billion (revenue) oil and gas giant Reliance Industries, among India’s most valuable companies. Reliance was founded by his late father Dhirubhai Ambani, a yarn... Read more »
Jeff Bezos Jeff Bezos founded e-commerce manmoth Amazon in 1994 from his garage in Seattle. He remains CEO and owns a 16% stake. His real time net worth is $139.6B. He also owns... Read more »