Economy and Finance

Electoral Bonds Scheme: Whom did it benefit most, What does the SC verdict mean; All you need to know

In 2018, the Central Government had notified the scheme of Electoral Bonds to "cleanse the system of political funding in the country".

UPI to be launched in Sri Lanka and Mauritius by PM Modi, president Wickremesinghe and PM Jugnauth, RuPay card too be inaugurated in Mauritius

PM Modi, Sri Lankan President and PM of Mauritius will witness the launch of Unified Payment Interface (UPI) in Sri Lanka and Mauritius, as well as RuPay card services in…

EPFO hikes interest rate on provident fund to 3-year high of 8.25% for FY 2023-24

After receiving the ratification from the Union government, the interest rate on EPF for FY 2023-24 will be credited into accounts of over six crore subscribers of EPFO.

Persistent non-compliance: RBI explains why they took action against PayTM Bank

Speaking about RBI’s order against Paytm Payments Bank (PPB), RBI deputy governor Swaminathan J explained that the action was taken only after giving the firm sufficient time to comply

Trader’s body CAIT advises traders to switch from Paytm to other payment apps following RBI’s order against Paytm Payments Bank

"CAIT believes that if there is any evidence of fund irregularities, the Enforcement Directorate (ED) should investigate Paytm Payment Bank," the release added.

UPI formally launched in France at Republic Day Reception at the Eiffel Tower in Paris

The Unified Payments Interface (UPI) has been formally launched at the Eiffel Tower in Paris, the Indian Embassy in France said on Friday

Housing, railways, tourism, capex: Here are the key highlights of Budget 2024

Taking a jibe at the Congress-led UPA govt, the Finance Minister said that the Modi government is working with an approach to development that is "all round, all-pervasive and all-inclusive".

A tale of two interim budgets in 2014 and 2024, reduced capex and deferred payments to fraudulently save face in 2014 vs the best-managed large economy in 2024

The comparisons of numbers from the interim budget of 2014 and the current interim budget show a massive difference between the two budgets, both after 10 years of rules of…

Budget 2024: New housing scheme to be introduced for middle class living in rented houses, slums, chawls or unauthorised colonies

The budget projects savings of up to Rs 15,000 to 18,000 annually for households from free solar electricity and selling the surplus to distribution companies.