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Latest News 2024

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Welcome India’s Best Finance Partner For Every Business Owner In This Section We Cover All Latest News 2024 About Banking News, Finance News, Business News

Ashneer Grover

Ashneer Grover Alleges Deliberate Fraud by BharatPe: and urges an RBI Investigation

New Delhi, India: Ashneer Grover, co-founder and former managing director of BharatPe, has raised serious concerns about the company’s shareholding practices. Specifically, in a letter addressed to Reserve Bank of India (RBI) Governor Shaktikanta Das, Grover alleges that BharatPe intentionally deceived the regulator by reintroducing Bhavik Koladiya to the company’s cap table. Consequently, these allegations

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RBI banking news

RBI Expects the Launch of Interoperable Internet Banking in 2024: Shaktikanta Das.

The Reserve Bank of India (RBI) is poised to revolutionize the digital banking landscape with the anticipated launch of interoperable internet banking in the current calendar year. Governor Shaktikanta Das made this announcement during the inaugural event of Digital Payments Awareness Week 2024 in Mumbai. The Need for Interoperability There is currently a lack of

RBI Expects the Launch of Interoperable Internet Banking in 2024: Shaktikanta Das. Read More »

finance

The Finance Ministry is likely to postpone the implementation of the 45-day payment rule for MSMEs until April 2025.

The Finance Ministry is considering a significant change in the implementation timeline for the 45-day payment rule aimed at benefiting micro, small, and medium enterprises (MSMEs). According to sources, the enforcement of Rule 43B (h) under the Income Tax Act, which mandates payments to MSMEs within 45 days, is likely to be postponed. Background Story

The Finance Ministry is likely to postpone the implementation of the 45-day payment rule for MSMEs until April 2025. Read More »

Money laundering in India Digitization is enabling financial fraud; here’s how to prevent it

Money laundering in India: Digitization is enabling financial fraud; here’s how to prevent it

Money laundering in India: Digitization is enabling financial fraud; here’s how to prevent it As India embraces digital payments and financial services, concerns about money laundering are escalating. While digitization offers convenience and efficiency, it also creates new avenues for criminals to hide and legitimize illicit funds. Let’s analyze the challenges and explore potential solutions

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Paytm Under Scrutiny Unpacking the RBI Crackdown and Its Impact

Paytm Under perusal: Unpacking the RBI Crackdown and Its Impact

Paytm Under perusal: Unpacking the RBI Crackdown and Its Impact The Reserve Bank of India (RBI) recently tightened regulations for Prepaid Payment Instruments (PPIs) like Paytm, sparking discussions about the impact on the fintech giant and the broader digital payments landscape. That’s why Paytm is under perusal. Let’s break down the key points: The Crackdown:

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RBI e-Rupee offline transactions

RBI Gears Up for Offline e-Rupee Transactions: What It Means for Users

RBI e-Rupee offline transactions: What It Means for Users The Reserve Bank of India (RBI) has announced plans to introduce offline functionality for its digital rupee (e-Rupee) project, potentially revolutionizing payments in areas with limited internet access. RBI e-Rupee offline transactions move, as reported by The Hindu, Times of India, and other major publications, aims

RBI Gears Up for Offline e-Rupee Transactions: What It Means for Users Read More »

Brokers' Association Gives Conditional Nod to Extended Trading Hours for Index Derivatives

Brokers’ association grants conditional approval for the extension of trading hours in index derivatives.

Brokers’ association grants conditional approval for the extension of trading hours in index derivatives. New Delhi, February 8, 2024: The Association of National Exchanges Members of India (ANMI), a leading body representing brokers across national exchanges, has granted conditional approval for the extension of trading hours in index derivatives. This move comes after months of

Brokers’ association grants conditional approval for the extension of trading hours in index derivatives. Read More »

budget 2024

Indian finance minister presenting the interim budget 2024

Indian finance minister presenting the interim budget 2024 The finance minister of a country has an important job. Firstly, they look at how much money the government is earning and spending. Secondly, they plan budgets to ensure money is used properly. Consequently, their role is crucial for maintaining the country’s financial stability. In India, the

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PM Modi on budget 2024

PM Modi’s remarks on the Viksit Bharat budget 2024:

PM Modi’s remarks on the Viksit Bharat budget 2024: The Finance Minister recently presented an interim budget for the year 2024. This budget gives a broad picture of the government’s finances and plans before the elections. Looking for Business Funding?- Apply for Business loan online After the budget, Prime Minister Modi shared his thoughts. He

PM Modi’s remarks on the Viksit Bharat budget 2024: Read More »