Mumbai:Banks will now be able to issue RuPay Prepaid Forex cards, Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Monday while reading out the monetary policy statement after a three-day deliberation.It will expand the reach and acceptance of RuPay cards globally. RBI Governor said RuPay Debit and Credit cards issued by banks in […]
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Mumbai, Jun 4 (PTI) The Reserve Bank of India (RBI) will maintain the policy repo rate at 6.5 per cent during its upcoming June 8 announcement, considering the easing of retail inflation in April and the potential for further decline, indicating the effectiveness of previous policy rate actions, anticipate experts. Headed by Reserve Bank Governor […]
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Kolkata, Jun 3 (PTI) Ashwani Kumar has been appointed as the new MD and CEO of city-based public sector UCO Bank with effect from June one. Prior to this, he was the executive director of the state-owned Indian Bank and is a qualified chartered accountant, a statement by the bank said on Saturday. Kumar, an […]
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Washington, Jun 3 (PTI) Indian American Ajay Banga on Friday took over as the President of the World Bank, making him the first person of colour to head either of the two global financial institutions, the World Bank and the International Monetary Fund. On May 3, the Executive Directors of the World Bank selected Banga, […]
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New Delhi:Elon Musk has yet again claimed his position as the world’s richest person after beating the CEO of the French luxury brand Louis Vuitton Bernard Arnault, according to Bloomberg Billionaires Index.According to the Bloomberg Billionaires Index, as of Thursday, Musk’s net worth was about USD 192 billion, with Arnault’s USD 187 billion. Index data […]
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New Delhi, May 29 (PTI) MG Motor India on Monday said it has introduced a new edition of its premium sports utility vehicle Gloster with the price starting at Rs 40.29 lakh (ex-showroom). The Blackstorm edition comes with Level-1 ADAS (advanced driver-assistance system). “The MG Gloster represents a timeless symbol of comfort, luxury, and modern […]
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Mumbai:Reserve Bank of India Governor Shaktikanta Das on Monday said individual directors should not have any conflict of interest which may hamper their objectivity and independence.While conveying RBI’s expectations from the boards of directors of banks and explaining the multi-dimensional responsibility of individual directors, the Governor said, “It is the responsibility of the Board to […]
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New Delhi: Tapping into the growing popularity of Unified Payments Interface (UPI), Google Pay in conjunction with the National Payments Corporation of India (NPCI) on Tuesday announced the capability for users to make UPI payments with RuPay credit cards. With this development, users can link their RuPay credit cards with Google Pay to seamlessly pay […]
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Washington [US], May 12 (ANI): Elon Musk, on Friday, named Linda Yaccarino as the new Twitter CEO. Taking to Twitter, Musk announced the news and wrote, “I am excited to welcome Linda Yaccarino as the new CEO of Twitter! @LindaYacc will focus primarily on business operations, while I focus on product design & new technology. […]
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Bengaluru (Karnataka) [India], April 29 (ANI): The Directorate of Enforcement (ED) has conducted searches and seizure action at three premises in Bengaluru in the case of Raveendaran Byju and his company ‘Think & Learn Private Limited’ under the provisions of Foreign Exchange Management Act (FEMA). Of the three premises, ED said two are Business and […]
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