(PTI) Reserve Bank has directed banks to provide their eligible customers with an option to choose from multiple card networks at the time of issuing credit or debit cards, a move which will benefit card users. The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks. “On a review, it is observed that some arrangements existing between card networks and card issuers are not conducive to the availability of choice for customers,” the Reserve Bank said in a circular.
Author: Aruna Sharma
(FE) Coal India is likely to come out with the initial public offer for its two subsidiaries Bharat Coking Coal Limited (BBCL) and the Central Mine Planning and Design Institute (CMPDI) in the financial year 2024-25, according to sources. Back in 2022, the company had said that its board had given an ‘in-principle’ approval to the divestment of 25% of paid-up share capital of BCCL and its subsequent listing on the stock exchanges. However, the subsidiary has so far not been listed. “It (the listing of BCCL, CMPDI) is under process. It may happen by the next financial year,” said…
(FE) The Union government on Saturday issued three gazetted notifications to announce that India’s new criminal laws will come into force from July 1. The three new laws dubbed as Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act were passed by the Parliament, where the BJP enjoys brute majority, during the Winter Session of the Parliament. On December 25, President Droupadi Murmu gave her assent to the laws. “In exercise of the powers conferred by sub-section (3) of section 1 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (46 of 2023), the Central Government hereby appoints the 1st…
(PTI) Union Cooperation Minister Amit Shah on Saturday said around 65,000 functional Primary Agricultural Cooperative Societies (PACS) will be computerised by August this year to improve their efficiency. The computerisation work has already been completed so far in 18,000 PACS. Prime Minister Narendra Modi on Saturday inaugurated the project for computerisation in 18,000 PACS across the country.
(PTI) The Odisha government has approved 27 new industrial projects to the tune of Rs 6,134 crore across sectors, a senior official said on Saturday. The proposals got the state government’s nod at a meeting chaired by Chief Secretary P K Jena on Friday. The potential sectors include aluminium, renewable power, manufacturing, aerospace and defence, food processing, apparel and textiles and IT infrastructure, the official said.
The Prime Minister, Shri Narendra Modi today inaugurated and laid the foundation stone of multiple key initiatives for the Cooperative sector at Bharat Mandapam, New Delhi. The Prime Minister inaugurated the pilot project of ‘World’s Largest Grain Storage Plan in Cooperative Sector’, which is being done in 11 Primary Agricultural Credit Societies (PACS) of 11 States. The Prime Minister also laid the foundation stone for additional 500 PACS across the country for construction of godowns & other agri infrastructure under this initiative. This initiative aims to seamlessly integrate PACS godowns with the food grain supply chain, fortifying food security and…
Under the Pradhan Mantri Uchchatar Shiksha Abhiyan, one of the Central Government’s schemes to enhance quality of research and encourage innovation in universities, Uttar Pradesh has been sanctioned the highest grant in the country of about Rs 740 crore under various heads. The grant amount will be used to enhance the quality of research in UP’s universities, promote innovation and renovate ramshackle buildings of old institutions. In line with Chief Minister Yogi’s vision, the government aims to create a conducive environment for research and innovation in the state, benefiting universities and affiliated colleges. The grant will be used to upgrading…
In line with Chief Minister Yogi Adityanath’s vision, the Department of Culture in Uttar Pradesh has completed its preparations to welcome guests coming for the Ground Breaking Ceremony (GBC@IV) with an array of cultural events. A total of 14 stages are being set up from the airport to the venue at Indira Gandhi Pratishthan (IGP) in Lucknow, on which 350 artistes from 22 cultural troupes will perform to give visitors a glimpse of UP’s rich cultural heritage. In addition, Bollywood artistes will entertain the audience at IGP for two days. A dance drama on Ram Stuti will also be performed…
In line with the vision of Chief Minister Yogi Adityanath, the Uttar Pradesh State Road Transport Corporation (UPSRTC) is poised to undergo a digital transformation, leveraging advanced technological capabilities to enhance citizen-centric services across the state. Spearheaded by the Uttar Pradesh Electronics Corporation Limited (UPELC), the nodal agency appointed to provide IT/ITES solutions, the development of the UPSRTC web portal is set to revolutionize the way transportation services are accessed and managed. The comprehensive revamp of the UPSRTC portal is aimed at fostering a robust data-driven ecosystem within an integrated technological framework. A key aspect of this initiative is the…
मुख्यमंत्री योगी आदित्यनाथ ने विधान भवन के गेट नंबर-9 पर स्थित भारतीय स्टेट बैंक की नई शाखा का बुधवार को फीता काटकर उद्घाटन किया। सीएम ने शाखा का अवलोकन भी किया। इसके बाद यहां तैनात कर्मचारियों से मुलाकात की और यहां से जुड़ी जानकारी भी ली। इसके बाद उन्होंने समूह फोटो भी खिंचवाई। बैंक द्वारा प्रदेश भर में ओडीओपी के क्षेत्र में किए जा रहे कार्यों की जानकारी दी गई। सीएम ने श्रीमती ललितेश यादव को 15 लाख का चेक प्रदान किया। बैंक के अधिकारियों ने सीएम योगी को अंगवस्त्र व स्मृति चिह्न देकर सम्मानित किया।इस दौरान विधानसभा अध्यक्ष सतीश…