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05 Dec

NSE Launches New Nifty Bharat Bond Index

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The National Stock Exchange’s subsidiary NSE Indices has same it's launched a brand new index below the good Asian nation Bond Index series.The Asian nation Bond Index series follows a target date structure whereby each index at intervals the series measures the performance of a portfolio of ‘AAA’ rated bonds issued by government owned entities maturing throughout a selected year.“The coming back Asian nation Bond ETF that's sixth at intervals the Asian nation Bond ETF series will track the recently launched good Asian nation Bond Index maturing in 2033. the first Asian nation Bond ETFs trailing the good Asian nation…

28 Nov

The launch is in association with the National Payments Corporation of India (NPCI)

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IDFC 1st Bank has introduced a sticker-based charge account credit, known as FIRSTAP. The launch is in association with the National Payments Corporation of Asian nation (NPCI). The FIRSTAP is launched to facilitate transactions by merely sound the sticker on a close to Field Communication (NFC) enabled location terminal.The quantity of transactions being disbursed via contactless cards is growing quick. As a customer-first bank, IDFC claims to be committed to victimisation contactless technology for resistance digital transactions. With stickers because the type consider the wearable class, the charge account credit is convenient to hold around and permits quick check-out.The sticker-based…

25 Nov

Country’s largest lender, State Bank of India continues to dominate the debit cards market

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Country's largest investor, banking concern of Asian nation continues to dominate the debit cards market in Oct 2022, with a twenty ninth share. Country’s largest investor, banking concern of Asian nation continues to dominate the debit cards market in Oct 2022, with a twenty ninth share. Compared to last month the share was slightly less, wherever SBI crystal rectifier the open-end credit market by thirty per cent in Sept.According to the most recent knowledge collated by PGA labs, SBI maintained high the highest position within the debit cards market whereas HDFC bank maintained its top position within the credit cards…

23 Nov

Australia’s Parliament passed bilateral free trade agreements with India and Britain

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Australia’s Parliament passed bilateral trade agreements with Asian country and Great Britain, exploit those partner nations to bring the deals into force. The bills simply gone by the House of Representatives and also the Senate created them law.The deals ought to be legal by the individual British and Indian parliaments before they become. Neither nation has however done that. The deals area unit crucial for Australia to diversify its exports from the troubled Chinese market to Asian country and to Britain’s ought to forge new bilateral trade relations since it left the ecu Union.

23 Nov

NPCI is in talks with the Reserve Bank on implementation of its limiting the volume cap of players to 30 percent

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National Payments Corporation of India(NPCI) is in talks with the Federal Reserve Bank on implementation of its projected point in time for limiting the amount cap of players to 30%.National Payments Corporation of India(NPCI), that runs the UPI digital pipeline, is in talks with the Federal Reserve Bank on implementation of its projected point in time for limiting the amount cap of players to thirty %. Back in Nov 2022, the NPCI had projected a thirty per cent volume cap for third-party app suppliers (TPAP). The proposal was created to avoid concentration risk. However, the present TPAPs like PhonePe and…

16 Nov

MoU for collaboration of regulation and supervision of regulated entities

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The International money Services Centres Authority (IFSCA) and also the bank of India (RBI) have entered into a memo of Understanding (MoU) for collaboration within the field of regulation and superintendence of regulated entities in their several jurisdictions. The MoU facilitates technical cooperation and exchange of data. The IFSCA, being a unified regulator accountable for development and regulation of economic product, money services and money establishments within the International money Services Centre(s) (IFSC) established in India, is, inter-alia, entrusted with the responsibility of regulation and superintendence of licensed banks and non-banking money establishments in operation in such IFSCs. The run…

14 Nov

The United States also took India off its Currency Monitoring List

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The us conjointly took Asian nation off its Currency watching List, together with Italy, Mexico, Thailand, and Vietnam. 78th North American nation Secretary of the Treasury, Janet Yellen visited Indian capital and control talks with minister of finance Nirmala Sitharaman. On her initial visit to Asian nation, us Treasury Secretary Janet Yellen quoted President Joe Biden, oral communication that Asian nation is Associate in Nursing “indispensable partner to the United States”. The us conjointly took Asian nation off its Currency watching List, together with Italy, Mexico, Thailand, and Vietnam. Asian nation had been on the watching List for the last…

12 Nov

To Boost Japanese Investments in India NIIFL Signed An Agreement with JBIC

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NIIFL has signed a note of Understanding (MOU) with Japan Bank for International Cooperation (JBIC) to push and enhance Japanese investments into Asian country. National Investment and Infrastructure Fund (NIIFL) has signed a note of Understanding (MOU) with Japan Bank for International Cooperation (JBIC) to push and enhance Japanese investments into Asian country. The MoU outlines a partnership framework between NIIFL and JBIC that's considering the establishment of a bilateral India-Japan Fund (IJF). JBIC and conjointly the govt of Asian country will invest at intervals the India-Japan Fund, which might produce equity investments in environmental preservation and low carbon emission…

11 Nov

FAO, Food and Agriculture Report 2022

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The State of Food and Agriculture (SOFA) is one among the annual flagship report free by the international organization Food and Agriculture Organization (FAO).The State of Food and Agriculture (SOFA) is one among the annual flagship report free by the international organization Food and Agriculture Organization (FAO). It provides comprehensive insights into the assorted problems associated with the sphere of food and agriculture supported science-based assessment.The report addresses the considerations relating to the state crisis caused by labour-saving technologies. It offers many recommendations during this regard. Avoiding subsidization of automation in regions wherever rural labor is plentiful and wages square…

09 Nov

‘Ministry of Power has signed a memorandum MoU with the Small Industries Development Bank of India for MSMEs’

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The government body for energy potency Bureau of Energy potency (BEE) below the Ministry of Power has signed a note of understanding (MoU) with the tiny Industries Development Bank of Bharat (SIDBI) for MSMEs. The MoU can aim to push energy potency finance for MSMEs and explore the web of things (IoT)-based solutions, greening MSMEs, capability building of assorted stakeholders, etc., BEE said. To encourage MSME units to undertake energy saving investments in plant and machinery to cut back energy consumption, enhance energy potency, scale back carbonic acid gas emissions, and improve the profit of the units within the long-term.