Bloomberg withdraws Anti-India article!
The government must immediately ban the Indian editions as well as the websites of such newspapers; only then will anyone think twice before committing such acts in the future!
Online transactions above ₹10 thousand may face a 1-hour delay !
Security measures will be made stricter for senior citizens above 70 years and persons with disabilities.
European nations begin recalling thousands of tonnes of their gold from the United States
European nations are concerned that in the event of economic sanctions or a trade conflict initiated by the U.S., their gold reserves could be frozen or used as leverage for political pressure.
Ornaments in Deity Jagannath’s Ratna Bhandar to be inventoried after 48 years
This includes diamonds as well as other ornaments. On 14th July 2024, the Ratna Bhandar was opened for renovation after 46 years. Now the precious ornaments will be placed back in the original store.
“Centre will soon remove M Gandhi’s image from currency notes,” says John Brittas, CPI(M) RS Member
‘There is no proposal of replacing Gandhiji’s image on the currency with that of any other personality’.
A 25-basis-point cut in the repo rate by the Reserve Bank : The instalment burden will reduce
The decision was taken after a three-day meeting chaired by RBI Governor Sanjay Malhotra. This repo rate is the lowest in last few years.
Cheques will now be cleared in a single day !
According to the new guidelines issued by the Reserve Bank of India (RBI), all banks are now required to clear cheques within one business day.
3 types of accounts being closed as per the new Reserve Bank rules
Accounts that consistently maintain a zero balance for an extended period are labelled as zero balance accounts.
Reserve Bank issues 2 numbers to stop fraud in the name of bank calls
Banks are now required to use telephone numbers starting from 1600 for all transaction-related calls. Similarly, 2 different numbers have been provided for promotional calls and short messages.
Reserve Bank issues new rules on fixed deposits
The new rules include consent and repayment of public deposits, nomination, emergency expenses and informing depositors about the deposit, among other things.