Finance Minister Nirmala Sitharaman chairs 29th FSDC meeting in Mumbai

Mumbai: Union Finance Minister Nirmala Sitaraman with RBI Governor Sanjay Malhotra and Union Minister of State for Finance Pankaj Chaudhary during the 29th meeting of the Financial Stability and Development Council (FSDC), at RBI headquarters, in Mumbai, | Photo Credit: SHASHANK PARADE The Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the 29th…

From Jan Dhan to 5G & DIGIPIN: Mapping 11 years of India’s digital transformation under PM Narendra Modi

Over the past 11 years, the Prime Minister Narendra Modi-led NDA government has transformed India into a global leader in digital innovation, driven by the powerful trinity of Jan Dhan, Aadhaar, and Mobile (JAM).  From revolutionising payments with UPI to laying the foundation for a tech-driven governance ecosystem, the push towards a ‘Digital Bharat’ has…

Currency Market News: Rupee gains 4 paise to close at 85.62 vs dollar amid strong FII inflows

Rupee appreciated 4 paise to settle at 85.62 (provisional) against the US dollar on Tuesday, buoyed by robust foreign capital inflows. However, gains were capped by a mixed performance in domestic equities, a rise in global crude oil prices, and a firm greenback overseas. According to exchange data, Foreign Institutional Investors (FIIs) were net buyers,…

Rapido looks to take slice of food delivery sector as it gears up to challenge Swiggy, Eternal

Ownly will not charge restaurants any commission fees and has committed to maintaining price parity between dine-in and delivery orders | Photo Credit: Akhila Easwaran Rapido, the ride-hailing platform, has launched ‘Ownly’, a zero-commission food delivery platform that promises to disrupt the duopoly of Swiggy and Zomato in the online food ordering space. “We are…