RBI sets framework for geo-tagging of payment system operators

The Reserve Bank of India (RBI)  released a framework for geo-tagging of payment system touch points, issuing instructions to bank and non bank payment system operators to maintain and submit to it the geographical locations of their touch points on a regular basis.

Japan to invest $42 billion in India over five years

India and Japan set an investment target of “five trillion yen” ($42 billion) in the next five years, the leaders announced after a meeting in New Delhi for the 14th annual summit, where several agreements were signed.

Union Budget 2022 Highlights

Finance Minister Nirmala Sitharaman today presented the Union Budget 2022 in the second year of the COVID-19 pandemic.

India’s economic growth estimated at 9.2% to be the highest among all large economies.

• 60 lakh new jobs to be created under the productivity linked incentive scheme in 14 sectors.
• PLI Schemes have the potential to create an additional production of Rs 30 lakh crore.
• Entering Amrit Kaal, the 25 year long lead up to India @100, the budget provides impetus for growth along four priorities:

 PM GatiShakti

• Inclusive Development
• Productivity Enhancement & Investment, Sunrise opportunities, Energy Transition, and Climate Action.
• Financing of investments

NEW APPOINMENTS

Dear Readers in this post we are providing recent appointments in various organisations, very important from exam point of view.

14TH President Of India- Ram Nath Kovind

Ram Nath Kovind, lawyer, former MP and governor, was elected India's next President on Thursday. The government-backed candidate, a Dalit leader, won nearly 66 per cent of the votes cast by an electoral college of MPs and state lawmakers on Monday. He will be sworn in on July 25.

IIFA Awards 2017: List Of Winners

The International Indian Film Academy (IIFA) Awards 2017 is being held in New York, with Karan Johar and Saif Ali Khan being the hosts of the evening.