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23% Of Total 56.04 Crore PM Jan Dhan Accounts Remain Inactive
As many as 23 per cent of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.
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RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
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Cyber Fraud Cases Reports Crossed Over 14,000 in 2021, MoS Informs Parliament
As many as 14,007 cyber fraud cases were registered in 2021, Parliament was informed on Monday. Quoting National Crime Records Bureau (NCRB) data, Minister of State for Finance Bhagwat Karad said "total number of cyber fraud cases which includes...frauds committed through online apps is 14,007 in 2021 (latest published data pertains to the year 20...
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"PM's Visit Enhanced Dynamism Of US-India Partnership": Finance Minister
Union Finance Minister Nirmala Sitharaman and United States Treasury Secretary Janet Yellen on Monday met in Gandhinagar on the sidelines of the third G20 Finance Ministers and Central Bank Governors (FMCBGs) meeting under the Indian G20 Presidency.
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India Received Around $89127 Million, Highest Ever Remittances In 2021-22
India received foreign inward remittances of USD 89,127 million in 2021-22, which was the highest ever received in a single year, Union minister of state for finance Pankaj Chaudhary informed Parliament on Tuesday.
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Government Will Explore Blockchain for Digital Economy, Union Minister Says About India's Own Cryptocurrency
The government will explore the use of blockchain technology for digital economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. The latest comments come just days after the government listed a bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” that is to provide a framework for creation ...
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RBI Taking Actions To Provide Relief To PMC Customers: Anurag Singh Thakur
Commenting on the ongoing protests by the account holders of the Punjab and Maharashtra Cooperative (PMC) Bank, Minister of State (MoS) for Finance Anurag Singh Thakur on Sunday said that the Reserve Bank Of India (RBI) is taking requisite steps to resolve the issue.
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No Blanket Ban on Cryptocurrencies in India, Government Says
Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the government has clarified.
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While Bitcoins Start To Gain Acceptance Worldwide, India Stays Reluctant
A bill submitted in the Arizona state seeks to allow the citizens to pay state taxes using bitcoins or other cryptocurrencies. India's finance ministry, on the other hand, has categorically stated that bitcoin is not a legal currency.
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Centre Clears Tighter Rules To Bar Loan Defaulters From Bidding For Firms
The cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code with changes that are designed to prevent wilful defaulters from bidding for stressed assets, Finance Minister Arun Jaitley said.
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Growth Not at its Potential: Union Minister Jayant Sinha
Making a case for lowering of interest rates, Union Minister of State for Finance Jayant Sinha has said RBI should take into account various factors, including low inflation, while deciding on monetary policy stance.
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23% Of Total 56.04 Crore PM Jan Dhan Accounts Remain Inactive
As many as 23 per cent of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.
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RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
-
Cyber Fraud Cases Reports Crossed Over 14,000 in 2021, MoS Informs Parliament
As many as 14,007 cyber fraud cases were registered in 2021, Parliament was informed on Monday. Quoting National Crime Records Bureau (NCRB) data, Minister of State for Finance Bhagwat Karad said "total number of cyber fraud cases which includes...frauds committed through online apps is 14,007 in 2021 (latest published data pertains to the year 20...
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"PM's Visit Enhanced Dynamism Of US-India Partnership": Finance Minister
Union Finance Minister Nirmala Sitharaman and United States Treasury Secretary Janet Yellen on Monday met in Gandhinagar on the sidelines of the third G20 Finance Ministers and Central Bank Governors (FMCBGs) meeting under the Indian G20 Presidency.
-
India Received Around $89127 Million, Highest Ever Remittances In 2021-22
India received foreign inward remittances of USD 89,127 million in 2021-22, which was the highest ever received in a single year, Union minister of state for finance Pankaj Chaudhary informed Parliament on Tuesday.
-
Government Will Explore Blockchain for Digital Economy, Union Minister Says About India's Own Cryptocurrency
The government will explore the use of blockchain technology for digital economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. The latest comments come just days after the government listed a bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” that is to provide a framework for creation ...
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RBI Taking Actions To Provide Relief To PMC Customers: Anurag Singh Thakur
Commenting on the ongoing protests by the account holders of the Punjab and Maharashtra Cooperative (PMC) Bank, Minister of State (MoS) for Finance Anurag Singh Thakur on Sunday said that the Reserve Bank Of India (RBI) is taking requisite steps to resolve the issue.
-
No Blanket Ban on Cryptocurrencies in India, Government Says
Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the government has clarified.
-
While Bitcoins Start To Gain Acceptance Worldwide, India Stays Reluctant
A bill submitted in the Arizona state seeks to allow the citizens to pay state taxes using bitcoins or other cryptocurrencies. India's finance ministry, on the other hand, has categorically stated that bitcoin is not a legal currency.
-
Centre Clears Tighter Rules To Bar Loan Defaulters From Bidding For Firms
The cabinet on Wednesday approved amendments to the Insolvency and Bankruptcy Code with changes that are designed to prevent wilful defaulters from bidding for stressed assets, Finance Minister Arun Jaitley said.
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Growth Not at its Potential: Union Minister Jayant Sinha
Making a case for lowering of interest rates, Union Minister of State for Finance Jayant Sinha has said RBI should take into account various factors, including low inflation, while deciding on monetary policy stance.
