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National
One Regional Rural Bank in Every State; others will be closed
Starting May 1, 2025, India will adopt a "one state-one RRB" model, which means each state will have only one Regional Rural Bank (RRB).
This is part of the Finance Ministry's fourth phase of the RRB consolidation process.
As a result,...
National
RBI Rate Cut Brings Relief to Loan Borrowers
Good news for homebuyers! The Reserve Bank of India (RBI) has reduced the repo rate again.
On April 9, RBI Governor Sanjay Malhotra announced a 0.25% (25 basis points) cut, bringing the repo rate down to 6%.
This is the second...
Finance
PNB MetLife launches Pension Premier Multicap Fund
PNB MetLife India Insurance has introduced a new fund called Pension Premier Multicap Fund as part of its unit-linked insurance plan (ULIP).
This fund is being offered through the PNB MetLife Smart Invest Pension Plan and aims to help customers...
National
EPFO Makes UAN Creation Easier with Face Authentication
Good news for employees! The Employees' Provident Fund Organization (EPFO) has made it much easier to create and activate your Universal Account Number (UAN).
EPFO has introduced Aadhaar-based Face Authentication Technology (FAT), allowing employees to generate and activate their UAN...
National
Kotak Mahindra Bank Cuts FD Interest Rates
Kotak Mahindra Bank has surprised its customers by reducing interest rates on Fixed Deposits (FDs) soon after the Reserve Bank of India (RBI) lowered the repo rate.
On the morning of April 9, 2025, the RBI announced a cut in...
National
Central Govt giving 42 Days Special Leave for Organ Donors
The central government has introduced a special leave policy for its employees who donate organs.
From 2023 onwards, those who donate organs like kidneys, liver, or any other organ will be granted 42 days of Special Casual Leave (SCL) to...
National
Trump’s 26% Tariff on India Comes into Effect
The 26% tariff imposed by US President Donald Trump on Indian goods has come into effect from Wednesday.
Following this, the stock market experienced a drop, reflecting growing concerns about a global trade war. The market has been falling since...
Business
New Rules for Carrying Power Banks on Flights – What’s Allowed& Banned
Carrying a power bank on a flight isn’t as simple as it used to be. Many airlines now have strict rules about power banks, and in some cases, they have even banned them.
These small devices, once a must-have for...
National
EPFO’s New Service: Create Your UAN Instantly Using Face Authentication
EPFO (Employees' Provident Fund Organisation) has introduced a new service that allows employees to create their Universal Account Number (UAN) from home.Now, you can generate your UAN instantly just by using your face for authentication, without needing to visit...
National
Western Railway launches unique assistant Booking Service
Western Railway is introducing a new facility that is likely the first of its kind in India. Similar to services at airports, elderly passengers, people with disabilities,
and those carrying heavy luggage can now book a helper or porter in...
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Meteor 350 prices drop by 8.2%
The government has recently approved new GST slabs, which will be effective from September 22.
With this change, the GST...